What is the biggest advantage a retail trader has over an institional trader?

[dazzer_fx]

I haven't tried reading the DOM as I find it meaningless. For one of my strategies I look at the order book but I only look the inside bid/ask. I would be glad if you could show me which tool you are using to read the DOM. as always I keep my mind open to new ideas.

caoi/

I'll DefinaTely give you a clue but don't really want to recommend anything.

 

[counter_violent]

I'll DefinaTely give you a clue but don't really want to recommend anything.

Red rag to a bull that.....

 

[dazzer_fx]

Red rag to a bull that.....

He asked

 

[counter_violent]

He asked

Wanna borrow this?

 

[dazzer_fx]

Wanna borrow this?

Yes but I've probably got a while before he works it out

 

[BeginnerJoe]

Here ya go Joe.

Thanks. The video doesn't say anything I don't know. Nevertheless it's a good video and rather well timed. At the appearance of the cat, I was making a transition from price action based trading to trend based trading. The cat symbolizes the observation of an emergent trend. While testing my new approach, having my stops being quit rigorously molested put a lot of doubt in my mind. Your mere act of posting that particular video is sufficient to nudge those doubts away. My direction is now crystal clear. Cheers, man.

 

[ChocolateDigestive]

I'll DefinaTely give you a clue but don't really want to recommend anything.

oh god you got sucked in as well. kinell. dont try and tape read the ES. I have explained already why you would have to be a numpty to pick something like the ES if you are a tape reader. you need something thin fool child. geez what a ball ache

the ES is a mean reversion play most of the time and not a very good mean reversion play.

 

[dazzer_fx]

oh god you got sucked in as well. kinell. dont try and tape read the ES. I have explained already why you would have to be a numpty to pick something like the ES if you are a tape reader. you need something thin fool child. geez what a ball ache

''I haven't tried reading the DOM as I find it meaningless''

Sigh.... You really do tie yourself in knots CD, get back to the
search for the grail.

 

[ChocolateDigestive]

''I haven't tried reading the DOM as I find it meaningless''

Sigh.... You really do tie yourself in knots CD, get back to the
search for the grail.

i think you might be misunderstanding what the tape and DOM are. prob because a predatory vendor got to yah.

tell me you saw a statement....

 

[dazzer_fx]

i think you might be misunderstanding what the tape and DOM are. prob because a predatory vendor got to yah.

tell me you saw a statement....

Lol, coming from somebody that hasn't tried it! Yep, likely to listen to you. The
expert on something he hasn't tried. Jeez, you couldn't make it up

 

[ChocolateDigestive]

Lol, coming from somebody that hasn't tried it! Yep, likely to listen to you. The
expert on something he hasn't tried. Jeez, you couldn't make it up

that's not great logic though is it. I haven't tried running in front of a bus because I know the result already. Where have I said I am an expert on reading the DOM?

 

[dazzer_fx]

that's not great logic though is it. I haven't tried running in front of a bus because I know the result already. Where have I said I am an expert on reading the DOM?

There you go again, more knots 'I know the result already' but your not an expert
and you haven't tried it, sigh..I give up, this must be lulz.

 

[counter_violent]

I'll DefinaTely give you a clue but don't really want to recommend anything.

How long you been using the product and can you post statements before and after? :whistling

 

[tar]

kinelll. I dont know why I bovver. absolute retards rampton.

1st up this is not a strategy. 2nd up this is not front running, front running is illegal. This i why I put front running in inverted commas. By 'front running' I meant a chance to buy early on in a trading session where you have a good idea that an institution is going to buy as lot of stock. You are actually finding where the money flow is and trading with that.

this is absolutely available for 'retail' traders at home. here is how:

step 1 - open up a 1 month free trial of esignal
step 2 - prior to the US open check a few website to see what news has hit small cap stocks
step 3 - watch the tape from open (you can even go through all the prints at your leisure later) and look for double prints.

obv you should only do this in small cap stocks with low daily volume, try doing it on Apple or something you are going to see a lot of noise.

dont research things on youtube its retarded.

Ret@rd i know you can read the tape from home not the point , i am not talking about your 89 stocks print example , but the whole idea of jumping-in the market infront of inst traders just before they load/unload that's exactly whats front running is but in a slow motion that's it sorry to burst your bubble dont take it personally goodluck anyway !

so to derive an edge all we do is find when an institutional trader must and does trade (they will try and disguise it) and join them.

examples are too many to list, institutional rebalancing, rollovers, expirations. news comes through pre market on a small cap stock. pension fund wants to load/unload, calls institution and hands order to specialist for them to work it.

 

[VendorExterminator]

You see my watch. That watch is worth more than your car.

I doubt it if you're jumping from bookie to bookie for £100.

P.S - ABC

 

[Jonnyrotten]

I'll DefinaTely give you a clue but don't really want to recommend anything.

D-E-F-I-N-I-T-E-L-Y

 

[scose-no-doubt]

so to derive an edge all we do is find when an institutional trader must and does trade (they will try and disguise it) and join them.

examples are too many to list, institutional rebalancing, rollovers, expirations. news comes through pre market on a small cap stock. pension fund wants to load/unload, calls institution and hands order to specialist for them to work it.

I'be been saying this for years you tard. Stop biting on teh Scose's thesis... and don;t forget the insurance companies.

what are we going to do with you BJ.

pro traders will have a daily stop loss that their risk manager sets, after this point you are shut out of the day or the risk manager closes your position for you.

Tell it to Voldemort.

But if it's that easy to spot, why do they do it?

Many institutions HAVE to be in the market for a multitude of reasons.

Still trying to figure out how to exploit this but my lemmiwinks-esqe quest has taken a massive back seat while I've been studying over the last 18 months. Might have a look at something like this for my thesis though and kill two birds

 

[barjon]

Many institutions HAVE to be in the market for a multitude of reasons.

...or out of it.

It's the net inflow or outflow of money that moves the market overall. If you're a fund manger it doesn't matter a jot how bullish you might feel - if people are taking money out of your fund you've got to sell - and vice versa.

 

[new_trader]

...or out of it.

It's the net inflow or outflow of money that moves the market overall. If you're a fund manger it doesn't matter a jot how bullish you might feel - if people are taking money out of your fund you've got to sell - and vice versa.

Few major funds outperform a main index though, or even try to, in which case it would be more passive than active. This explains the enormous growth and popularity of passively managed ETF's.

The public is almost always most bullish towards the end of a bull market and would be putting money into the fund than the few who would be selling out, and vice versa. If a fund manager is any good, and I mean really good, then chances are s/he would be feeling bullish when the average investor is bearish and again, vice versa.

 

[dazzer_fx]

d-e-f-i-n-i-t-e-l-y

m-u-l-t-i-n-i-c