Does anyone have any tricks to beating other traders? I think that I have the NYSE open book covered and it as if someone is spying on my computer. I will put in a bid, assuming I have the highest, and someone puts in my bid every time I bid at the same time before me. Obviously, I am very new and am just learning the ropes of this supposedly cut throat game. Is there a way I can prevent this and get an edge over these people? I am just trying to learn all this as I go
Are you sure the bid is "before" you? If the trigger for a program to put a higher bid in is your bid, your order should have an earlier timestamp, unless you're being illegally frontrun (you're not).
Carl Spackler: I have to laugh, because I've outsmarted even myself. My enemy, my foe, is an animal. In order to conquer the animal, I have to learn to think like an animal. And, whenever possible, to look like one. I've gotta get inside this dude's pelt and crawl around for a few days. http://www.youtube.com/watch?v=3lYm0c7gYyU&feature=related the best i can offer
I have growing concern for KTS's well-being. First, he's crawling around inside charts. Now, it seems he's contemplating crawling around inside dudes' pelts. Also, he has way more posts than me, despite joining ET two months after I did.