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Often heard that many brokers maintain a Prop Book. And also witnessed Trading Systems go haywire in a big position/ server outages etc. Anecdotally seen brokers going against their customers positions.
your opinions on this ??
your opinions on this ??
Assuming Day Trading is a fight between participants in the trade, Is there an edge to fading other traders positions ?
http://1.Trading"> http://1.Trading floor used to give advantage of reading other traders or Tells.
http://1.Trading"> http://1.Trading floor used to give advantage of reading other traders or Tells.
2.Can edge be gained in broke trading rooms where novice traders positions are displayed to all?
3.What are the characteristics of "fadeable" traders ?
4. sometimes the positions of other traders overriding all indicators, TA patterns will give a clue to short term positions.
3.What are the characteristics of "fadeable" traders ?
4. sometimes the positions of other traders overriding all indicators, TA patterns will give a clue to short term positions.
5.If daytrading needs flash opinion on a stock what better market tell than an injured trader on the other side?
6.This may sound cruel but the practice of deception is the nature of the market
6.This may sound cruel but the practice of deception is the nature of the market
7.Some characteristics of the trades I can fade are
•When there is a random stop on a losing trade
•Trader has taken a position rather than voicing his opinion
•Revenge trading is visible
•Trader is trying to break even
•When there is a random stop on a losing trade
•Trader has taken a position rather than voicing his opinion
•Revenge trading is visible
•Trader is trying to break even
•Cursing / exhorting the financial instrument
•Entering trade to avoid regret
•Lowering stops on a losing trade
•Quick and random profit booking by the trader for emotional reasons
•Larger than normal size by the trader
•TF of fadable trader should match your own
•Entering trade to avoid regret
•Lowering stops on a losing trade
•Quick and random profit booking by the trader for emotional reasons
•Larger than normal size by the trader
•TF of fadable trader should match your own
Can the daytrader use this as a shortcut cutting across opinions , news, TA and Random noise?
Need u r opinions ??
Need u r opinions ??
