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Strategies & Market Trends : Trading For A Living -- Ignore unavailable to you. Want to Upgrade?


To: Eric P who wrote (993)7/20/1998 8:41:00 PM
From: Mad Bomber  Read Replies (1) | Respond to of 1729
 
[Automated Platform]

Eric,

What is the status of your platform?? What are the safeguards to keeping each traders systems a secret?? Do you just set up an account with Castle and interface with your program?? If so, what are safeguards to trading passwords?? What are the FEES for your service ??

MB



To: Eric P who wrote (993)7/21/1998 8:16:00 AM
From: Ken Adams  Read Replies (2) | Respond to of 1729
 
Hi Eric,

Thanks for your 2 cents! I remain fairly confused on this "size" business. Yesterday's trading in DRI was especially difficult to understand, for me.

It moved in a very narrow range all session; 17-7/16 to 17-1/4. The last size I remember was something in the area of 224 x 43. Size on the other half dozen issues I followed yesterday stayed "normal" in the area of 10 x 10, for the most part.

I think you're right, though. In order to follow size effectively, one would need L2 quotes. Then it may start to make sense. I'm concluding that I am paying too much attention to it for the type of trades I'm attempting. I want to catch about 5%-8% in a day and exit. Not necessarily in one day, but very few days, at most. Stocks that are in short term bursts of movement will do so whether size demonstrates this or not. IMO!

Ken