Does Anyone know more about the markets than I do?

Discussion in 'Trading' started by Bullz n Bearz, Aug 25, 2007.

  1. Like what I mean is, who here on ET has some inside insight onto who the big movers are in a current security or contract and when they will strike?

    I know having this kind of information is extremely potent to have when trading intraday.
  2. Actually, it's not all that easy to see who's "leading"

    IF you're referring to level II, 1. fill and re-load fill and re-load, show and withdraw. 2. slot machine concept of capitivation. Blinking. Pretty colors.

    As for "big", matter of perspective. Blocks, are just as often as not being consulted with the specialist/market maker as to depth. Can be worked in some cases for weeks in conjunction with normal order flow.

    Truly beeg orders and those that want in/out NOW just as often as not end up with a negotiated block. Ax take it off their hands with concessions.

    Oh,............. and NYSE blocks between member firms don't have to appear on the tape (unless they so choose).

    Program trades, as often as not, are spontaneous events. Shooting from the hip AFTER a catalyst. Often by design by the ax.

    IF you're looking for some kind of edge you might consider that serious entities don't play with their cards face out. WHY would they (other than to leave an impression)?
  3. "Does Anyone know more about the markets than I do? "

    Why don't you ask the well experienced staff at your "trading company" ? They have had a month or so to learn from your mentor...

    And the best answer seems to be, "pretty much everyone."
  4. I have come to the conclusion that you are a pissed off guy in general.

    Nothing wrong with that. Just an observation. :D