It occurs to me that posting a buy to cover at the low of the day when only a few contracts traded at that price, and posting it considerably later is completely ignoring the whole point of "real time" posting. I mean, it's not even "delayed" (20 minutes), LOL.
Not that I am weighing in on any side of any argument, mind you. But it also does occur to me that there is an easy way for T-Rex and his supporters to show up all those critics. Post them in real time, 30 second time limit required. For T-Rex, who apparently entered his buy-to-cover before the market opened (or shortly thereafter), this should be easy. Most orders could be entered into the chatroom well before they are hit. The few market orders should be no problem. I myself participate in two rooms where folks post orders very quickly (thanks to this swell mIRC script that these two fellas (or more) have written). And I get my orders posted in well under 30 seconds, except in rare cases when the gosh darn market hits my exit before I can post (and I gotta log all this data).
And, I'm not sure I can tell y'all about these chatrooms or scripts - I'd have to find out from the folks who own and run them. But it is clear there is the means for T-Rex to post real real-time trades, and either silence his critics or fall on his face.
But, I have the weirdest feeling that there will be some hitch, some reason that T-Rex cannot post in real real-time (meaning 30 seconds or less after an order is entered). If so, that tells anybody that wishes to read, what they need to know.
Should there be interest, I will see about arranging a chatroom for such an event. It will be moderated, and orders will be required to be posted no more than 30 seconds after they execute. Since the purpose of this room will be an examination of T-Rex's trading, if he does not agree to participate, there will be no chatroom. Not that I am completely sure I can arrange one anyway.
EDIT: I forgot to weigh in, I just wanna see who's right is all.
Not that I am weighing in on any side of any argument, mind you. But it also does occur to me that there is an easy way for T-Rex and his supporters to show up all those critics. Post them in real time, 30 second time limit required. For T-Rex, who apparently entered his buy-to-cover before the market opened (or shortly thereafter), this should be easy. Most orders could be entered into the chatroom well before they are hit. The few market orders should be no problem. I myself participate in two rooms where folks post orders very quickly (thanks to this swell mIRC script that these two fellas (or more) have written). And I get my orders posted in well under 30 seconds, except in rare cases when the gosh darn market hits my exit before I can post (and I gotta log all this data).
And, I'm not sure I can tell y'all about these chatrooms or scripts - I'd have to find out from the folks who own and run them. But it is clear there is the means for T-Rex to post real real-time trades, and either silence his critics or fall on his face.
But, I have the weirdest feeling that there will be some hitch, some reason that T-Rex cannot post in real real-time (meaning 30 seconds or less after an order is entered). If so, that tells anybody that wishes to read, what they need to know.
Should there be interest, I will see about arranging a chatroom for such an event. It will be moderated, and orders will be required to be posted no more than 30 seconds after they execute. Since the purpose of this room will be an examination of T-Rex's trading, if he does not agree to participate, there will be no chatroom. Not that I am completely sure I can arrange one anyway.
EDIT: I forgot to weigh in, I just wanna see who's right is all.
