i'm talking about market shorts in terms of size in the openbook where the seller is aggressively stepping down.
see that's the difference. For the scalper, the openbook and level II is very useful where as the level I is not so much. If there's a market...
now you tell me lol, then yes, the openbook in your sense is not much of help, but as for me, the scalper, all i am looking at is very very short...
ohhh, i thought you are a scalper. It sounds like you are more of a position trader.
how much do you usually offer through on new york? So you offer, wait, and then place another offer if the situation still looks good...i assume...
for scalping, openbook is useful. We are only looking at temporary short tem supply/demand imbalance and you can find sizes in the book where it...
exactly. The specialists handles the large orders (institutional sizes such as 30,000 shares, etc...) I use limit orders, the only time I use...
at what point during the "waiting to get filled process" do you just cancel the order? Do you just wait till you get filled or cancel when the...
see that's the thing, that's what it should happen, he has to fill you not a penny below your limit price because well...it's a limit order...the...
tape reading is a wonderful skill to have. It takes a lot of observation, understanding, and experience. It encompasses everything. Tape reading...
openbook is not garbage. It does tell you the price level of institutional orders, granted some sizes may be fake but with careful observation,...
one thing everyone has to remember is that Maverick's posts are more for the traders at home, etc... that do not trade prop and can only have...
I rarely offer new york, and the main reason is what you just said, you get awful fills, at his discretion, and especially when the stock is...
yeah, when some news hit or a stock that is just volitle, I have to offer through about 50 cents up on ECNs just to have a shot to get filled.
Take more risk, but risk with reason. The thing about trading with fear is that it's true that you won't lose much, but you won't make much either...
see that's the thing, if I see a setup that is high probability to me, I have no problem of throwing 100 shares down as I have seen that over and...
I agree fully. Constantly pushing myself.
good point...volume and relative size.
yeah I hear that a lot of trader tell me that volume is slow during summer-for obvious reasons maybe except earnings season, and they also say...
true...steve, have you been profiting with it? taking the other side?
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