is this legal ?

Discussion in 'Professional Trading' started by jjk2, Jan 22, 2010.

  1. jjk2

    jjk2

    okay i dont if this is true but i hear of "shops" who run a EMA-cross over script on forex, commodities, and basically sell shares of the company....

    umm...is this legal ? basically running a blackbox fund....

    imagine if blackbox is just doing simple moving average cross buy and sell strategy.....and ppl were buying and selling shares of whatever profit and loss the blackbox posted....
     
  2. mikasa

    mikasa

    why wouldn't it be legal

    some people think MA cross over is an edge

    some old geezers on this site even believe that 20-40 MA over 200 MA is an edge

    little line crossing telling you DA FUTURE

    oh yeah :p