Program trading....a new high?

Discussion in 'Trading' started by spyderman, Jul 2, 2005.

  1. There were sell programs initiated in the equity markets when crude oil made a new all time high.

    The breakdown on the thursday (when oil made it high) of that
    week was an easy signal to spot and trade IMHO.
    That thursday was the most profitable day i had since April and
    i wasnt even looking at the oil price.

    Is it program trading or the lack of fear in the market (as
    reflected in the VIX) that has made trading harder over
    the last few months?
     
  2. it's funny how citi and goldman market themselves to the institutions. the problems they solve are the ones they actually created in the first place. i wonder what the added markup is on commissions for their automated/algorithm services?
     
  3. mhashe

    mhashe