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Strategies & Market Trends : DAYTRADING Fundamentals
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To: E. Davies who wrote (4640)10/4/1999 7:32:00 PM
From: Threei  Read Replies (4) of 18137
 
Eric,
NITE is huge MM with many traders placing and cancelling orders. It's not like single trader does all this stuff for NITE. Those orders you are referring to could be placed by different traders. Heck, I could have placed that order as NITE!
In the course of this MM discussion you guys personalise things too much, IMHO. There are no evil MMtraders that are after you. They are traders, and they do their job. Yes, the purpose of their job is to make profit - but so is ours.
Yes, they have more info and power comparing to us - well, this is the name of the game. Play by the rules or quit the game.

Vadym
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