SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John who wrote (77429)5/25/2001 12:11:22 PM
From: ahhaha  Read Replies (3) of 99985
 
That's not what the article said. If you're going to mislead, then don't provide a link.

When I was an MM I didn't make any money on the spread. It's a zero sum game. I made money "catching". That is, when markets would go to extremes and there were no public bids or offers, in order to make the market continuous I did my job and provided an exit for the panicked public by filling in those continuity holes. Just about every time I did that, I was sure I was going get cleaned, and just about every time it ended up making good money. The market, the public, forced me to do what my knowledge and skill told me wasn't right, and that was how I made good money.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext