low trading volume continues

Originally posted by metooxx
Seems like we are getting faded a lot more lately ...
hehe ! I agree.
if you are talking about this september. well, this week for me on some systems and operations. but likely due to low volume and 'wait and see' mood.
I sure hope volume will be back next week. don't care about direction, just come back !
 
Have we really got several NYSE traders on one thread at the same time? Cool.

Yes, the volume is the pits. The floor owns the market right now. It's a brave new world, I suppose, so maybe old patterns will change, but I expect the order flow to come back, so I can get on with making a living.

Would my listed associates be willing to put in a paragraph that describes your style? Here's mine:

I'm not really a <i>scalper</i>, but I usually only hang on for the first push. When there's order flow it pays. When the order flow is slow, the floor owns the trade and it's basically a coin toss. Seems like position trading is about the only thing that works in those cases.

I watch around 120 stocks, and together they give me a feel for breadth and tone and whatever else you want to call it. I actually trade about 20 issues on the average day, and lately I've zeroed in on one or two that seem to make up most of my volume on a given day.

I dream of becoming a position trader. I regularly add size in active, real markets. I definitely want to trade commodities and currencies again.
 
Just so we are clear; 10.25 X 10.30, buying the 30 with less than the posted size, sits there for 30 to 60 seconds, they move the market to offered 35. no fill, and no fill on T/S that someone else got.

weird ...
 
Originally posted by chasinfla
me too. it happens literally dozens of times a day to me. Maybe more. Put the MKT in and get filled at .50, too, sometimes.

I think the NYSE people need a refresher course in the rulebook ...
 
Originally posted by metooxx
Just so we are clear; 10.25 X 10.30, buying the 30 with less than the posted size, sits there for 30 to 60 seconds, they move the market to offered 35. no fill, and no fill on T/S that someone else got.

weird ...

This does not happen to me.

What stocks do you have this happen to you in?

I trade huge stocks like GE, JPM, C, WMT, TGT, KO, HD, TXN, MU, FRE, FNM etc etc?? I never trade NASDAQ [rarely anyway - once in a while AMD against INTC] - if it doesn't trade a million minimum a day, I don't touch it.

nitro
 
Originally posted by nitro


This does not happen to me.

What stocks do you have this happen to you in?

I trade huge stocks like GE, JPM, C, WMT, TGT, KO, HD, TXN, MU, FRE, FNM etc etc?? I never trade NASDAQ [rarely anyway - once in a while AMD against INTC] - if it doesn't trade a million minimum a day, I don't touch it.

nitro

Listed, NYSE; what symbols, I don't recall.

We just trade numbers; remember ...
 
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