Multi-price Flipping. Rotter?

Is my strategy working please give me feedback? I hear that many of you attribute this to Aquarius and the black box systems they employ, this is a good guess but incorrect ya! I use market orders to exit positions beyond my risk threshold and try to recover money lost by the extra ticks that locals puke. Sell new highs and buy new lows you'lll find that shifts in these areas are profitable for you its a risk management tool not desighned to hurt you fellows!
 
Quote from anomaly:

How do you know about the MTS quotes Dogfish? Are you a cash market-maker or something?

No I trade the future but in touch with bank traders
 
Quote from Shiftmeister:

Is my strategy working please give me feedback? I hear that many of you attribute this to Aquarius and the black box systems they employ, this is a good guess but incorrect ya! I use market orders to exit positions beyond my risk threshold and try to recover money lost by the extra ticks that locals puke. Sell new highs and buy new lows you'lll find that shifts in these areas are profitable for you its a risk management tool not desighned to hurt you fellows!

Then what were you doing in the 118.22-26 area about 11-11.30gmt yesterday? blipped up and down about 4 times in five minutes, doesn't tally with your explanation
 
There was a bug with the C++ program that routes orders for me my IT guy had to Iron it out I lost money during that price range because of this!
 
Quote from Dogfish:

The bank traders are getting annoyed by this because it's screwing up their MTS quotes on the cash which are priced from the futures.


Hi Dogfish,

Can you please explain this.

Thanks,
redduke
 
Quote from squadron leader:

flipping a price from bid to offered (or vice versa) without actually trading any of it.

e.g. bidding up a price to give the illusion of bid, then yanking your bid and offering the contract.

this is now being done not just on the bid/offer, but on the prices adjacent to the bid/offer...therefore flipping prices from bid, to 3/4 ticks lower in an instant.

Hmmm I dont quite understand how that works with the current markets? wouldnt the spread move the generally accepted price while you try to push it?

Would you mind explaining how I would go about doing this (if its not a big secret)? I'm thinking it might give me some ideas of how to defend against those 10 pip outside of range slips i get around news events on IB.

Thanks
 
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