Intraday Volatility

Lamont_C · May 10, 2005

This isn't Christmas Eve, is it?

itr · May 10, 2005

Quote from Lamont_C:

This isn't Christmas Eve, is it?

Was yesterday Memorial Day?

John Merchant · May 10, 2005

Have to learn to scalp inside a tick!

itr · May 10, 2005

Quote from John Merchant:

Have to learn to scalp inside a tick!

Funny!. I wonder though, what would happen if CME changed the E-mini ES tick size from 0.25 to 0.1 like the bigs? Would vol increase or decrease? Would it be easier to scalp?

Lamont_C · May 10, 2005

Quote from John Merchant:

Have to learn to scalp inside a tick!

But the pubes are so short . . .

John Merchant · May 10, 2005

Fat chance. Since market order traders are net losers to limit order traders by more than a tick before commission, the incentive is to make the tick as high as the trading public will endure.

MAESTRO · May 10, 2005

Quote from John Merchant:

Fat chance. Since market order traders are net losers to limit order traders by more than a tick before commission, the incentive is to make the tick as high as the trading public will endure.

I like this thought. Very true.

Lamont_C · May 10, 2005

Quote from John Merchant:

Fat chance. Since market order traders are net losers to limit order traders by more than a tick before commission, the incentive is to make the tick as high as the trading public will endure.

Wasn't referring to the public. "Pubes" are slang for . . . well, never mind

John Merchant · May 10, 2005

Oh. You were referring to a SHAVE. I guess that's a really close scalp.