Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 -- Ignore unavailable to you. Want to Upgrade?

To: Eric P who wrote (14236)	9/23/2001 7:42:40 AM
From: fut_trade	Read Replies (1) \| Respond to of 18137

"I realtime paper trade new systems" Eric, I scanned through a lot of the earlier posts and I think I read somewhere that you were once a futures trader. I'm not sure if you still follow futures, but here is the data currently available to the public: 1 - ticks and last size (in the past volume data was not available) 2 - current bid and ask price 3 - it's possible to get the bid size and ask size, but usually this information is stripped from SDK data feeds That's it. Clearly, by trading stocks I feel you have a competitive advantage because of additional information such as level II data. My question is: do you have any ideas on using tick price and volume data, and perhaps bid/ask price and size data to trade a futures contract such as the e-mini? My opinion is that this information just isn't very useful given the nature of how an index like the S&P 500 moves.