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important! must read SLOW QUOTES
- Thread starter jaytrader100
- Start date
All retail data feeds sometimes lag the markets, bar none.
Retail brokerages also have data feed disconnects as well.
In regards to the data feed issue the answer is to have a back-up system running at all times. While this does not insure that nothing will go wrong, it certainly helps you to keep a steady head when things do.
Good trading.
Retail brokerages also have data feed disconnects as well.
In regards to the data feed issue the answer is to have a back-up system running at all times. While this does not insure that nothing will go wrong, it certainly helps you to keep a steady head when things do.
Good trading.
Quote from jaytrader100:
IF YOUR TRADING STRATEGY IS SUCH THAT EVERYONCE IN AWHILE A 2-3 SECOND DELAY IS GOING TO RUIN YOU THEN YOU SHOULD NOT BE TRADING PERIOD... PEOPLE WHO KNWO HOW TO TRADE UNDERSTAND THAT THE OCCASIONAL SLOW QUOTE IS GOIGN TO HAPPEN.. THEREFORE MAKE YOUR STRATEGY ONE WHERE THIS WILL NOT AFFECT YOUR OUTCOME.. THOSE OF YOU WHO ARE SCALPING SHOULD DO YOURSELVES A FAVOR AND REALIZE THERE ARE MACHINES MUCH FASTER THAN YOU ALREADY SCALPING .. AND THEY DON'T MAKE FAT FINGER ERRORS..DUH
GOODLUCK.. AND DON'T BLINK YOU MIGHT MISS A FREAKIN TICK!
Just in case somebody didn't hear you, I think your post bears repeating.
If you're trading on a platform that gets slow quotes, that's great, because I will take your liquidity and make you miss your out and then panic in the market, where I will cover my position. Apparently, however, this strategy of mine (anticipating short term orderflow based on repetitive patterns) is flawed because there are people who automate their scalping and these bots can magically look into my mind and see the market the way I see it, thus beating me to all my fills. Yeah, okay buddy. Continue trading with your slow quotes and antiquated execution system... we scalpers need to make a living somehow, after all.
Quote from jaytrader100:
IF YOUR TRADING STRATEGY IS SUCH THAT EVERYONCE IN AWHILE A 2-3 SECOND DELAY IS GOING TO RUIN YOU THEN YOU SHOULD NOT BE TRADING PERIOD... PEOPLE WHO KNWO HOW TO TRADE UNDERSTAND THAT THE OCCASIONAL SLOW QUOTE IS GOIGN TO HAPPEN.. THEREFORE MAKE YOUR STRATEGY ONE WHERE THIS WILL NOT AFFECT YOUR OUTCOME.. THOSE OF YOU WHO ARE SCALPING SHOULD DO YOURSELVES A FAVOR AND REALIZE THERE ARE MACHINES MUCH FASTER THAN YOU ALREADY SCALPING .. AND THEY DON'T MAKE FAT FINGER ERRORS..DUH
GOODLUCK.. AND DON'T BLINK YOU MIGHT MISS A FREAKIN TICK!
Ha! Nobody is ever going to accuse you of having been a SOES Bandit.