I'm surprised no one is talking about the arbitrage opportunities between the future and the stock. This is the main reason I'm looking forward...
I believe that on the Nasdaq, it only has to be an up-bid, not an uptick. So if the last trade was a downtick, but someone raised the best bid,...
Well it sounds like you've got your mind made up already, so I'll just end the discussion right here. I'm satisfied with the way things are...
Sterling has a management version of it's software that allows the firm to monitor everyone at once. The guy who will call you is named Vince....
Well I'll have to disagree on both points. First of all, if you are putting your account or the firm at risk with a position, you WILL receive a...
Did you know that your Sterling software has a feature that allows the trader to put a limit on his maximum order size? You decide what this...
That's a bold statement. What information are you basing this on? Have you seen the risk management software? Have you been in the room used...
Before entering a trade, I always determine at what price level in the stock will I say I am wrong and get out. I also have to keep in mind the...
Here's an example using a popular pair trade, Fanny May and Freddy Mac. I track the ratio of fnm divided by fre, which lately has been averaging...
You could go long stocks in the strongest sectors and short ones in the weakest sectors and let the probability of trend continuation work in your...
Yes, you are right. I didn't think of that while I was going through my canceled orders afterwards. There were probably several shorts that I...
..for me at least and the way I calculate my prices. Coming in to the day, I was definitely looking for a bounce from the get go, and was...
Since you are just learning about daytrading, I would suggest you start by reading lots of the old threads here on elite. Most of your questions...
I spend an incredibly amount of time working on this strategy. I am always tweaking my spreadsheet and reviewing all my trades, trying to look at...
Deeman, Sounds like we're on the same page and trading similarly, but I hold overnights regularly. I agree 100% that the most profitable way to...
Index arbitrage is basically risk free, your only risk is that settlement doesn't take place as it should, which is miniscule. Tough to do as an...
The book I was refering to is The Complete Arbitrage Deskbook by Stephanne Reverre. It's heavy on math and covers a lot of situations that are...
There is a smattering of info on elite about arbitrage trading, but not much. Maybe we could have a forum for people who are interested in this...
I'm doing some pair trading now based on the same article (and Reverre's book). I've built a pretty in depth excel spreadsheet that I feed live...
BZH, which by the way is traded by the IBM specialist. So he neglects the stock while he's busy screwing people in IBM, then comes back to BZH...
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