07-23-10
BATS "Stubby Triangles". Drop the quote from a valid price to 0.001 and then back up to a lower price level. When the new price level hits 0.001 as well, do it all over again at approx. 380 times a second.
07-23-10
NASDAQ "Flutter". 4000 quotes in 2 seconds, alternating the bid price/size in 3 increments and effecting the Best Bid along the way.
Mike
Need help? 1) Stop changing things. No new indicators. No new charts. No new methods. Be consistent with what is in front of you first. 2) Start a journal and post to it every day with the trades you made. It will show your strengths and weaknesses. 3) Set goals for yourself that you can reach every day. Make them about how you trade, and not about how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. You must look within. 5) Have a question? Create a new thread so the community can help.
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Mike
Need help? 1) Stop changing things. No new indicators. No new charts. No new methods. Be consistent with what is in front of you first. 2) Start a journal and post to it every day with the trades you made. It will show your strengths and weaknesses. 3) Set goals for yourself that you can reach every day. Make them about how you trade, and not about how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. You must look within. 5) Have a question? Create a new thread so the community can help.
If you want to support our community, become an Elite Member.
How can your system spot that pattern in real-time?
How can your system execute to exploit that pattern in real-time?
I haven't looked at the original data and Mike's post is third hand, but this is stuff for signal analysis and pattern recognition. Look at the x-axis of those charts. It's milli or micro seconds.
Interesting, though. And no, X_Trader won't do that for you. RTD Tango could if you were really good with C++.
Quote stuffing does not occur in futures due to messaging limits.
Is the ratio still 4 to 1 on ES? And do you think they actually call the fines due, or is it just fluff?
Mike
Need help? 1) Stop changing things. No new indicators. No new charts. No new methods. Be consistent with what is in front of you first. 2) Start a journal and post to it every day with the trades you made. It will show your strengths and weaknesses. 3) Set goals for yourself that you can reach every day. Make them about how you trade, and not about how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. You must look within. 5) Have a question? Create a new thread so the community can help.
If you want to support our community, become an Elite Member.
Is the ratio still 4 to 1 on ES? And do you think they actually call the fines due, or is it just fluff?
Mike
4 to 1 on the ES and yes, they do fine. But your broker may have clients with low ratios so it balances out. I had a friend who was fined last year. I have never personally been fined, but I do watch my ratios.
Products have different ratios. ES is the lowest at 4:1 The CL is 25:1, grains around 50:1 , interest rates 10:1.
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