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 : DAYTRADING Fundamentals

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Eric P who wrote (17385)9/5/2005 10:28:09 AM
From: Michael  Read Replies (1) of 18137
 
Hi Eric,

Thanks for you posts and sharing. Its very comforting to get confirmation that someone out there has actually managed to get a grip on this ball of wax that is trading. Your approach is of specific interest to me as I am just coming round to the view that a purely mechanical approx is a valid one. Given that view then the next logical step (if like me – and presumably you – you have some programming skills) is to automate the whole thing.

Given that you have done that I wonder if I could ask you a few questions.

Firstly what do you need to do on a daily basis? I get the impression that you monitor the market during the day, maybe that’s wrong, but if you do why do you find it necessary? I would have thought that once you have your program running, you just walk away and let it work. Given the volumes you do, a lot of trades must be happening so fast that I can’t imagine what you could do anyway.

Secondly you mention doing about 1500 to 2000 trades per day. If its not too nosy a question, how many stocks do you scan to generate that number of trades.

Thanks

Michael
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext