Back in the day in the pits, if one could predict when the market was going to go from half bid to half sellers with a 90% confidence rate, one had a huge edge. That was not uncommon either. Since all the visual and auditory clues have disappeared, along with open outcry, things have changed because of the screen. But it is still possible to tell when a market is going from half bid to half seller's and the edge remains for the patient. To capture the edge, you need to adapt and think outside the box. It's not as easy as when we traded against order flow, but it's not impossible.





Speak your mind

2 Comments so far

  1. Andre Wallin on May 3, 2014 8:58 am

    10 years from now people will be saying back in the day we had to comb through a csv and write an R program to test the data.

    have to wonder how advanced the competition is in testing but at least i know that the most advanced have too much capital as a hindrance so maybe i still have a chance in the long run.

  2. J Hughes on May 6, 2014 8:41 pm

    Well what is the answer to this mystical question?


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