High Probablity Trades

Discussion in 'Strategy Building' started by jmoo, Feb 19, 2008.

  1. cohvi

    cohvi


    What is fading a price?

    Thanx.
     
    #11     Feb 24, 2008
  2. Playing off a stepping up ECN reserve bid with a sizeable bid (say 6k shares, that is shown) which is a legitamite order and I know I'll be able to swipe when/if the reserve ecn order breaks. That sizeable bid should be within a few cents of the ecn reserve to maintain ideal risk reward. Even if the ECN reserve bid isn't stepping, the trade can be great.

    This works on the sell side too.
     
    #12     Feb 24, 2008