Hey Dominic Back in the 'hardcore market making' days (circa...

  1. 10 Posts.
    Hey Dominic
    Back in the 'hardcore market making' days (circa 2004-2007), there used to be times when a number of us all got out at the low of the day (on stop) in a fast moving market. It was frustrating.

    But then heaps of traders got used to asking the question 'show me the depth and volume going through at that level'.

    Traders know brokers have access to tick data, Fat IRESS and Bloomberg terminals. So show me a screenshot of the depth.
    Nowadays brokers cannot get away with it as much as what they may have.

    Another thing to consider is the timeframe you are trading over. The shorter the timeframe, the greater the chance of frustration of 1-3 ticks of price movement.

    Those with a relaxed, medium-term holding timeframe will be less stressed about missing a few ticks here and there.
    Each to their own though.
    Last edited by sunnysyd: spacing 25/02/17
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.