someone explain price spikes to me

Quote from NY0BScalper:

When there is a huge price spike that's not news related generally it's somebody getting fucked.

As far as predicting those spikes, just watch the level II and TAS of the stock and find a situation where you see people place their bets because of reason X, and then suddenly you see reason X becomes invalid, those people betting on X will have to cover their bets... at that point it's about who's quickest to notice the change and press the keys.

What "x" is can change all the time, that is why traders must adapt constantly.

I'm only trading futures so I don't really watch any stocks.

I have DOM but to me it's just "random noise." I know everyone here makes $1k a day trading just off of DOM and not even looking at charts but honestly I've been staring at it for the last few weeks while I watch the charts and I don't see any patterns, consistency, or anything else useful from it. It's random movement. Sometimes the price goes up, sometimes down, sometimes there's a gap between the bid and ask, sometimes there's not. Sometimes it skips up 3 or 4 ticks randomly even when there were offers in between. Sense, it makes none.

I'm not sure my broker offers TAS. Anyone know how to get this with OEC?
 
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