someone explain price spikes to me

Discussion in 'Trading' started by IronFist, Aug 15, 2008.

  1. I'm only trading futures so I don't really watch any stocks.

    I have DOM but to me it's just "random noise." I know everyone here makes $1k a day trading just off of DOM and not even looking at charts but honestly I've been staring at it for the last few weeks while I watch the charts and I don't see any patterns, consistency, or anything else useful from it. It's random movement. Sometimes the price goes up, sometimes down, sometimes there's a gap between the bid and ask, sometimes there's not. Sometimes it skips up 3 or 4 ticks randomly even when there were offers in between. Sense, it makes none.

    I'm not sure my broker offers TAS. Anyone know how to get this with OEC?
     
    #21     Aug 16, 2008
  2. JCVR

    JCVR

    Sometimes it can be as simple as a sloppy broker working a large order for a client.
     
    #22     Aug 16, 2008