DislikedNice! If she prefer slim, sure don't learn trading :-))
Seems Spring is here, ice melting...Ignored
I get it now. Hope you are recovering well.
Regards
The Ultimate Fallacy in Technical Analysis 99 replies
"Technical Analysis Fallacy" thread people, I need your help 54 replies
Technical Analysis Fallacy Redux 23 replies
Statistical analysis fallacy 33 replies
DislikedNice! If she prefer slim, sure don't learn trading :-))
Seems Spring is here, ice melting...Ignored
DislikedFTI has explained how dealers operate in a post long time ago, try to find it.Ignored
DislikedI've tried but couldn't find something concrete.
Care to share how would you do it? (construct a quote)Ignored
DislikedI've tried but couldn't find something concrete.
Care to share how would you do it? (construct a quote)Ignored
DislikedDear TAF members and FTI,
Yesterday discussion got me thinking and would like to hear your views.
FTI methodology was designed for dealers. To quote prices and sizes for customers.
I've read most of the thread and there is little discussion about this (sorry if I've missed it) and in my opnion the "DANCE" is all about this.
So... I would like to hear from you. If I'm a customer calling at your bank (your account) How would you determine the two-sided quote that you would offer me?
I've shared my view, but would like to hear others opinion,...Ignored
DislikedHave you tried the "Search" button?
Anyway, this is a good start:
Quote from FTI
"...So you would use the daily charts for trend and candle formations to indicate possible changes in movement. Do you use the hourly similarly? ..."
Ignored
DislikedHi Tricello,
I think most of the replies covered the key concepts for the price movement. But I think you are asking that as individual dealer, how does one determine what price to quote? Does he pluck a number from the air? Have a reference that he is looking at?
Not sure if I understood you correctly. I also do not have the answer. I think we need some experts to help.
However, I do not feel that this will not have a major impact on our trading performance, which is to pulse the market and go with the flow. Perhaps understanding of the concept...Ignored
DislikedThanks Phil and Piccolo,
I've read that post. But my question is more about the actual quoting.
I believe that the quote a dealer offers is completely related to his capital/exposure/position. That's why the spread exists.
Thanks for the help, I'll continue my ramblings on my ownIgnored
Dislikedstill have peeps ask me why those songs satanic.
Just think.
Is about coverting and deceiving.
Try understand Satan.
regardsIgnored
Dislikedyes, but unless he looking at your blotters.
spreads exist because a dealer can quote you any where he so wishes.
To make sure he "in the market", he is obliged to make the otherside of the bid or offer he wants quote, so that if he not in line with market, then all who he quotes can whack the shit out of him and take him to the cleaners.
Without standard practise of a spread, he can quote you anywhere he wishes.
Some brokers do that.
Normally if quotes are wide spread in non fast markets , then you know they "flying" prices.
regardsIgnored
DislikedThanks Fti,
so in reality he's quoting just the side that interests him? The other side is an obbligation to avoid showing off his position?
I understand that he can quote anywhere he wishes, but that's where the sizes come in...don't they? He wouldn't risk being hit big on the opposite side.
Hope the questions are not too naiveIgnored
Dislikedya, why you think sometimes your prices gets greyed out, or have requotes.
Because some one not in line and trying a fast one on the accounts stops.
They can electronically block you. But this issue is for the authorities and unfair practises litigation.
In interbank, all it takes , is 1 counterparty do such unreasonable occurance, and the dealer or broker will be lineoff for long long time. Unfortunately retail is stuck to 1 broker, and you have little alternatives. In interbank, its an honour system, you dishonourable, and you never get to the...Ignored
DislikedIn fact if i was electronically market making. I could make computer filp the piptits in nanao seconds and no one will ever get to hit my prices, which i could make anywhere i like, while i eat up all your stop losses and grow rich.
The technology con?
regardsIgnored
DislikedI'm far from an expert on the subject. As I said there's a lot of academic literature on the subject that you might be interested to review. Here is an interesting paper that also touches some of your questions (I think):
http://www.wiwi.uni-hannover.de/Fors...ere/dp-351.pdf
From my restricted review of the literature I found that this author ie C. Osler is one of the top in the subject and most of her papers are free to download.Ignored
DislikedI haven't thought about this... so the piptits actually give brokers an edge, making it harder to get hit on their "wrong" side and taking all deals on their rigth one
Talk about advertising... we are supposed to be all excited about 5 digit pricesIgnored