I think I found a trick

[Maverickz]

Quote from Mav88:

cooler yet would to simply be given profits and not have to trade.

Thats the Obama trading plan....everyone deserves equal profits. That will get tackled after health care.

 

[monti1a]

Quote from TGregg:

Good job! Now turn him, and make sure you collect. Then hit the mean streets right afterwards! Time is money.

 

[Lucrum]

Quote from noob_trad3r:

I think I found a trick

Great, as long as you don't start "turning tricks" on the street.

 

[Hook N. Sinker]

Quote from noob_trad3r:

I have this program that I shows me the volume and how many are small trades (200 or less stocks)

And then Big trades and how much of the volume is that (3000 shares or more)

I have noticed if you see big volume small trades selling off

Then later at the low price you see lower volume of small trades but bigger blocks trades if you jump in you make money later because then the small trade volume goes up but if then the larger volume trade drops, thats when I get out usually.

This price behavior reminds me of something from an interview with Nassim Taleb:

http://www.derivativesstrategy.com/magazine/archive/1997/1296qa.asp

"I was obsessed with price formation. I couldn't understand from the screen how prices were determined. It took me six months to be able to read prices in the pit. Locals basically read information from the order flow and squeezed the weak party. There's always a pack of five or six dominating locals who abruptly change the prices, who bid a lot higher than the previous offer and have the guts to do it, and the rest of them follow."

"I learned that traders' income is not the bid-offer spread, but the micro-squeezes that take place. Markets move from squeezes to squeezes."