You too Rednoff! Next time we'll be able to review how our performance has improved as a result of our meeting. Unfortunately the reason some people get knocked over on the road is because they get distracted or forget to look the right direction and this also happens in our markets. We know the rules but we forget them and trade away. (I still do it). I liked the comment that someone suggested about writing your rules down which could be beneficial. I did it years ago but scrubbed the idea). I wish I wasn't as lazy! But I loved chatting with you and saw just how passionate you are about the markets. Something I love to see in people. Hope u post more.
Cerhob > lol. Bit of a climber but the rules are my ropes and it's only when I forget to bring the ropes and still want to climb the mountain that I fall badly!
PA > Firstly I agree with your comments in regards to the way the 'dumper' will watch to see the depth build and throw the stock into it. Sometimes I prefer my buy one click below the buy because I've been 'dumped on' so many times. If the sell depth is thin it can be a good thing. Especially if their is only one dump and it's quickly filled. If the bid kept getting hit, there is no way that I would be sitting on the bid side in the first level. Also knowing if the sell depth is building in levels beyond the first sell depth level is relevant. You really have to watch it and without iRess or similar this would be DANGEROUS! Depth is crucial to the ST trade. Remember if the dump is a single event into the buy with no followup, I'd be taking a position to either profit or breakeven. One person doesn't make a market!
