How to follow big money?

[birdman]

Chart Momentum is all you've got and try to ignore the noise.

Makes sense to me.

Sometimes i have wondered if limiting to trading shares priced greater than $200 might provide some escape from following most retail traders (as most retail traders perfer lesser priced shares i think).

That said, I've rarely tested such. I prefer shares in the $25 to $70 price range myself.

 

[TommyR]

you would have to look for signs of frenzied buying or panic selling

 

[murray t turtle]

If individuals (maybe not if) keep losing money while those guys in Wall streets keep making tremendous amount of money? How can I follow there position?
Recently I participated on the DOM but it didn't help. Because I don't know if it is real until it is filled.

Do ya'll have own filter or rules that might indicate the HFT movement or big money flows?

%%
BIG problem, D-ray;
many of them make big money on gross/ AUM. That will not help you. Learn to follow trends + invest;may work for you .Get rich quick seldom works. Or you could trade a % of your investments; ever make money off investments???????

 

[ironchef]

%%
BIG problem, D-ray;
many of them make big money on gross/ AUM. That will not help you. Learn to follow trends + invest;may work for you .Get rich quick seldom works. Or you could trade a % of your investments; ever make money off investments???????

Yes, Mr. turtle, 2/20 on $100 billions is a significant amount. You can ignore the 20, just take to 2. %%% Not a prediction.

 

[ironchef]

If individuals (maybe not if) keep losing money while those guys in Wall streets keep making tremendous amount of money? How can I follow there position?
Recently I participated on the DOM but it didn't help. Because I don't know if it is real until it is filled.

Do ya'll have own filter or rules that might indicate the HFT movement or big money flows?

Maybe instead of participate on the DOM, follow doom:

https://elitetrader.com/et/threads/doom.339492/

Me, I don't follow the HFT, not smart enough. I trade longer timeframe, less noise and easier to spot trends. How did I know to go long back in 2010? I didn't, just happened to read Buffett's letter to shareholders and Liz Ann Sounder's blog. Once you get the macro correct, what instrument you choose to trade is less important. But at the end of the day, luck has a lot to do with trading successes, I was lucky I read Buffett at that time.

Good luck.

 

[cornerstone]

If individuals (maybe not if) keep losing money while those guys in Wall streets keep making tremendous amount of money? How can I follow there position?
Recently I participated on the DOM but it didn't help. Because I don't know if it is real until it is filled.

Do ya'll have own filter or rules that might indicate the HFT movement or big money flows?

you can use Bookmap heat map to see were the big hands place their orders by strong colorful wide lines, and also see patterns of algos working on the chart.

 

[darkray707]

Getting back to this thread after 3years...
dang

Thank you all for the replies and advices. It feels very new to read all the replies again.

 

[Overnight]

Getting back to this thread after 3years...
dang

Thank you all for the replies and advices. It feels very new to read all the replies again.

Wow. You are the first lowbie poster I have ever seen to respond back to a super-old thread bump. You win ET's Oldest-Thread-Bump-Reply-By-New-Poster award, issued bi-annually. Gratz!

 

[themickey]

Wow. You are the first lowbie poster I have ever seen to respond back to a super-old thread bump. You win ET's Oldest-Thread-Bump-Reply-By-New-Poster award, issued bi-annually. Gratz!

Its a bot!
Numerous old threads are resurrected by these pests.
There are numerous bots on ET, the majority hang out talking mundane crap nonsense in fx threads.
That's where I go hunting to add to my ignore list.