right before 9:31:25 the market had been quiet for about a minute. bid was at 18.50 ask was 18.80. Your stop at 18.47 was 3 cents below a 30 cent...
I just checked and your stop was 3 cents below the bid when the spread was 30-40 cents. Not a good idea!
What happened is someone else sold a lot of shares and that moved the price down. Then your stoploss got triggered, you joined the panic selling...
ISHYGDDT, a market order 1 min before close will typically be much worse than the auction as you will pay spread and take fee, market impact will...
The paranoia about MOCs by some in this thread is really unwarranted, I have traded literally hundreds of thousands of of MOCs and they work...
Well I'm curious. Any way you can ball park it for me or would I need to sign an NDA for that? Currently paying about $350/mo for market data, I...
Trading imbalances is all about being reactive, you need to see the imbalance first before you can know that you want to trade it... so you pretty...
I'm interested in the imbalance messages as well, does lightspeed have a way to get this info through an API? You can theoretically do it with IB,...
My edges still exist, they just aren't strong enough to be profitable after fees in this environment. I've read about this sort of market regime...
Interesting, do you talk to a lot of prop traders? How many are in cash right now? Actually I have stopped trading about 3 weeks ago as my edge...
This doesn't make any sense. Exchange fees have nothing to do with you running an exchange or not. And if the data is live then nothing prevents...
Anyone else having trouble believing that Mo06 is actually making 100+% per year (or over 250% with compounding), trading only large cap equity,...
Speaking for stocks data only here: I use ActiveTick as a backup feed while Polygon.io is now my primary. ActiveTick is worse in pretty much...
Instead of hedging long equity with an FX position you might consider hedging out your dollar exposure with a short equity position. If you are...
ET members, amiright? :D
Hmm yeah that's too bad, I haven't been able to find it at a reasonable price either :( Even in real time it seems difficult, I mentioned that...
I'm very curious what would be an example of a legit edge based on L2. One would think that the orderbook doesn't contain much information these...
I guess you meant bid+4 cents or ask-4 cents, otherwise the question doesn't make much sense as the order would be immediately marketable. The...
Hailiang Education Group Inc. (HLG) ? Stocks can't instantly jump that much due to the circuit breaker mechanisms. Look up LULD. If you see such...
Read the thread, still not clear on your fill assumptions. Is your backtest profitable even if you cross the spread on every trade (buy at ask,...
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