Algos Gone Wild!: Today's Seminar with Carl Weiss of

Discussion in 'Events' started by MultiCharts, Sep 13, 2012.

  1. MultiCharts is committed to helping traders learn and grow by inviting industry experts to present webinars. Different presentations cover trading methods, trading ideas, and our MultiCharts trading software. Everyone from new traders to experts can learn something new, so pick ones that interest you and click Register to reserve a spot!

    MultiCharts is pleased to present a seminar with Carl Weiss of on Thursday, September 13 at 4:30 p.m. EST.

    Prior to launching ...sceeto, Carl Weiss founded Algo Futures in 2006 as a vehicle to create order flow algorithms. His current responsibility at ...sceeto is to ensure that ...sceeto's architecture remains robust enough to manage the ever increasing amounts of market data, and to continually improve the intellect of ...sceeto's core algorithms. His primary drive and focus is in and around the monitoring of Order Flow via Transaction Level Analysis (TLA).

    Topic: Algos Gone Wild! The Trading Bots Now Control The Market!

    Learn How to Use …sceeto for MultiCharts To Trade With The Bots & Not Against Them.

    Description: We have all seen the Trading Bots & Algos run amok lately…

    We have all seen the S&P 500 move 10 points instantly in a straight line - then wallow back and forth in a 2 point range for hours, upon painful, hours.

    Why Does This Happen?

    In our opinion, it is because the intense presence of trading bots, High Frequency Trading (HFT) routines, and Quant Traders, place an undue strain on the market’s ability to maintain an efficient Supply & Demand through what we have been accustomed to in the form of Price Discovery.

    How Can You Take Advantage of This?

    If you think about it, a 10 point that moves in a straight line is actually a trader’s dream come true.

    Join us in this webinar where we will show you a very specific and consistent setup that will allow you to enter very safely, and exit very profitably from ‘straight-line’ moves.

    We will also show you how advanced Order Flow Algorithms can vastly improve your trading.

    Some of the items that we will cover in this free educational webinar are:

    • Learn to spot when the Buy Programs are waning and the Sell Programs are becoming dominant.
    • Learn why entries predicated on Order Flow provide much, much quicker trades.
    • Learn how to take advantage of the effort that the Institutions, Hedge Funds, & Quant Shops have put out by piggy-backing their trades.
  2. Will he share backtesting results showing positive expectancy for the methods?
  3. I will say there is a benefit to understanding roughly what Algo a holes are doing. For me it has required changes to my intraday trading, but has actually been beneficial for carving small pieces out of a day. To those that whine about negative effects to long term holdings, you are not a long term holder if you worry about what happens everyday.