Whatever you say. I've done it myself, so yes, it's very possible and realistic - a hint of which tools the person used and read about their trading style, that helps. If you want to take a significant position relative to the offer size, any competition in your direction is unwelcome and simply would erode your edge and result in slippage. I'm not talking about 1-10 lot ES traders here.
10:02 XXXXXXX: aapl still a dog, look for <500 This was my post in a public forum today. The only call I've made this am. Then reiterated a few times at 503 That's how its done. This on top on my short call near yest high ES rally. Covered that near the lows before the close
For all those pretty pictures of price movement after the fact in a couple threads running loose on this site. These are a couple answers to the teacher from TRADING 101 when she/he asks you if the walk is as easy as the talk. http://www.youtube.com/watch?v=VqomZQMZQCQ She might reply like this >>>> http://www.youtube.com/watch?v=1Khhdkz0Zzo Less talk, more trigger pulling when the time is right.... http://www.youtube.com/watch?v=sTcBgs2huRo
Assuming this is still a question, these guys are the real deal: atticus newwurldmn sellindexvol99 sle daal Ghost of Cutten martinghoul First four are mostly options guys, next two mostly stocks, last does interest rates, mostly Europe, by his own admission, from what I remember. Obviously, not a completely inclusive list.
I'm amazed to find myself in agreement with bwolinsky but on this issue, he's right. Reverse engineering as a strategy is waaaaay overrated. And easily disproved: Take any price chart, mark the tops as your sell points and the bottoms as your buy points, then post it and claim your super trading system produced those results. Anybody successfully reverse engineering your "results" would be creating a holy grail,, and if you think anybody that smart is just hanging out in ET waiting for somebody else to post trades from a successful system, well ...
clever but not sure it holds up under scrutiny by a genius like me. someone who saw all the trades made by a viable system would probably be able to divine something about what was being done. for instance, I took all the posts by jack hershey on et, ran them through the ubiquitous re constructor , and was able to determine prime entry points for conspicuous gain.
You have to have the mathematics of it for there to be any possibility of reverse engineering and this points to hacking and networking fraud or pulled from public domain of theories and analyzed for a number of years while working out strategies acceptable to the community. Either way, the "clever" part is never I want to reverse engineer Madoff because that's as deconstructive a position to put yourself in and the people that don't start from math have as mythological a task as it can get if they don't have any idea what the other person is doing and that's as concise as I can be about whether reverse engineered strategies get used by hedge funds because they're copies if anything and similar concepts by the other viewpoint.
Like I already said, I knew the indicators and methods the person used and managed to have 99% overlap (difficult to get 100% due to possible data discrepancies) based on his C2 trades, this was years ago. That's just what I did, it's possible. Doing it blind would be hard and close to impossible.