hitting the bid

Discussion in 'Order Execution' started by Javier, Jul 21, 2015.

  1. Javier

    Javier

    Yes but i sometimes watched people hitting 10 by 10... very fast, or 1 by 1 very fast wondering if their purpose would be move the price
     
    #11     Jul 22, 2015
  2. 200 contracts was just an example, right? The number is irrelevant to your question-- why these jokers don't get that is why they consistently lose.

    Now that this is clarified, ill step aside and watch the stupidity or maybe intelligence start -- answering the question.

    Good luck. Surf
     
    #12     Jul 22, 2015
  3. i960

    i960

    What are you asking here? If manipulation to move the price such that there's false expectation setup?

    This happens all day, every day.
     
    #13     Jul 22, 2015
  4. Javier

    Javier

    I asked if 200 (the number appears in the DOM eminiSP) and I buy 1 contract, the number appear would be 199. Just was that.
    The relationship between contracts and the DOM. Becouse in CME multiple depth there is anoher row with tells "order counter". Just for learing, i never could move price..
     
    Last edited: Jul 23, 2015
    #14     Jul 23, 2015
  5. Javier

    Javier

    SOrry i miss a word in the original question, i mean if i would need 200 contract to remove a 200 resting order and would move 1 tick price. Sorry for my incomplete question.
     
    #15     Jul 23, 2015
  6. Have you ever posted any proof that you're not a joker who consistently loses money?
     
    #16     Jul 23, 2015
  7. Javier

    Javier

    I dont understand the question, I have loose a lot of money (nobody tolds me how to trade, also i have won a lot of money. and dont undestand why this is relevant. Just trying to learn, i think i dont know as much as i should to be a good trader.
     
    #17     Jul 23, 2015
  8. I wasn't asking you, I had quoted market surfer.
     
    #18     Jul 25, 2015
  9. Javier

    Javier

    Ok sorry.
     
    #19     Jul 25, 2015
  10. hajimow

    hajimow

    Sometimes that 200 is just what is on the shelf !!. There are more in the storage. It does not mean that if you buy all that 200 contracts the price will go up one point. Any purchase will create a buying pressure even a minute one but market is more fluid than your trades. After you buy all 200 contracts, because of market condition, the price might even drop 10 points ore more (just the second you are buying). As a small trader, you don't buy to push the price up (specially the futures). You buy it because you believe it is in a trend that you hope or that trend will happen in the near or your target future. The 200 order might be an iceberg order and 200 is only the tip of it. In this case, when you buy 10 contracts, you would see that 200 does not change.
     
    #20     Jul 28, 2015
    Javier likes this.