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elcowen

Registered: Feb 2009
Posts: 25

06-21-12 04:17 PM

What are a few examples of bid strategies? Does anyone have experience with prop bid strategies?

Thanks

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itradesize

Registered: Jun 2012
Posts: 3

06-21-12 10:31 PM

Free tip: Do not dec bid PEP Zone @ $350 when the mid-a is healthy.

Free tip #2: Don't export from the pool on hot days unless you like fees.

**Edit*** Also, don't forget to make sure you are on the right INC/DEC page in PJM eMKT.

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thegazelle

Registered: Oct 2006
Posts: 664

06-22-12 12:25 AM

eMKT to submit bids? Are you using an abacus to calculate credit?

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itradesize

Registered: Jun 2012
Posts: 3

06-22-12 12:30 AM

I think the sarcasm may have flown over your head, sir.

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thegazelle

Registered: Oct 2006
Posts: 664

06-22-12 01:41 AM

Ditto to you, sir.

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itradesize

Registered: Jun 2012
Posts: 3

06-22-12 01:58 AM

I'm not sure which was more funny to me however..... the reference to an abacus for calculations, or the fact that you need to calculate your credit for virtual bidding...

On a serious note, I wonder how much money was lost today on virtual bids in PJM.

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