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Strategies & Market Trends : Raptor's Den II

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To: CharlieChina who wrote (2865)12/6/2004 1:24:56 PM
From: CharlieChina  Read Replies (2) of 3432
 
,... in the Program Trading World,.... the term is referred to as " Taking candy from a Baby",...

What happens is that traders and investors set stop losses on their trades and positions,... the Program Trading Architects,... find out about these stop losses,... just as the character Michael Watkins mentioned,... their stop loss to be,... -17 points under,...

" (For the uninitiated, about the only way Nicky can be wrong here is if the Dow can't put in a single up day this week, or if the market sells off starting Monday, and sells off more than 17- points roughly during the week "
Message 20829725

,... then the Program Trading Architects,... drop the Markets,... harder,... faster and under the traders/investors levels and stop losss prices,... they panic,... close their trades and positions,... they create loose nickles,... and the Program Trading Architects vacuum up these loose nickels from the traders/investors losses,... and the games goes on and on,...

,... you see,... the Program Trading Architects,... need characters like Machael Watkins in the game,...

,... taking candy from a baby,... and it will continue to work,... as long as there are charcaters like Machael Watkins,... in the game,...

,... the post was not intended to offend you,... it was an example,... in how Program Trading Works,...

,... Wizard of Fizz,...
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