Stocks

Leverage 2:1 4:1 25k+ account no over night holds at 4:1.

25k+ can scalp or day trade below this can only open and close 2 stocks same day every 5 days so basically dont bother.

Sub 2k no margin or if break rule above, no margin no ability to short.


Rich mans game in short why i stopped.

Expect gaps every am most of the move is in the gaps.

Trading options is where the money is made same rules but never in.a sideways market, out of the money was how i made stacks.



P.s. i will not go back, requires too much time and energy.

Cant short stocks below $5 also


12 years since i traded stocks scarey.

OXBT.

Kind of an ugly zone. Below the Friday close and stuck in the Gap Down zone. Supported, but who knows. Keeping it on watch, might still get a run out of it this week.

AMBS

Nice bounce off hourly support, played this one for a couple last week, shoulda had it on the watch a little closer today...sigh!!!

DOVX.

Still ain't getting the loving, still keeping it on the watch. Something bound to give this week.

Yo brother...found this inneresting and thought of you...

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A Five Minute Example of HFT Shenanigans

Via Dennis Dick of PreMarketInfo.com,

I was trying to buy 500 shares of a preferred stock this morning, Principal Financial Group Inc. series B (NYSEFG-B). It is such a challenge to trade any type of illiquid issue as the execution of orders is nearly impossible in this HFT world. Here is the sequence of events.
At 09:39:08, the stock is offered on EDGX at $26.29.

http://premarketinfo.com/wp-content/...fg-image-1.jpg

I place an order to lift the offer. The shares trade but I get filled on zero shares. Knowing that my bid will cause a bunch of HFT programs to penny-jump me (step ahead of my order by a penny - which they immediately do), I cancel the order. The HFT penny jumper cancels their order as well.

http://premarketinfo.com/wp-content/...fg-image-2.jpg

At 09:39:29, the stock is offered on EDGX again at $26.32. I place an order to lift the offer. The stock trades at the exact same second. Again, I get filled on zero shares. I cancel the order.

http://premarketinfo.com/wp-content/...fg-image-5.jpg

At 09:39:41, the stock is offered on PCSE at $26.29. I place an order to lift the offer. The stock trades at the exact same second again, but I get filled on zero shares. I cancel the order.

At 09:39:50, I place a hidden order to buy the stock at $26.32. Five second later the stock prints in front of me at $26.33 (Obviously these hidden orders aren’t as hidden as they should be). I leave the hidden order to buy at $26.32.

At 09:40:05, the stock prints right through my hidden order on another exchange at $26.30. So despite my bid being higher at $26.32, thanks to the fragmentation in the market, I get filled on zero shares again (and the seller gets a worse price!)

At 09:40:20, the stock prints through my hidden order again at $26.30. Again, no execution for me. Frustrated, I cancel my order.
A few seconds later, at 09:40:36 a couple of HFT programs battle out for the top of the order queue, and the bid changes rapidly, as you can see below:

http://premarketinfo.com/wp-content/...fg-image-3.jpg

At 09:40:40, the HFT programs go to battle again fighting for the best bid.

http://premarketinfo.com/wp-content/...fg-image-4.jpg

This battle continues for the next few minutes. In fact, during one period of time from 09:44:53 – 09:46:35 (a total of just over a minute and a half), the best bid changes over 800 times, as these two HFT algorithms battle to be at the top of the queue.

At 10:07:14, I finally lift an offer and pay up to $26.35. The HFT firms scalps their few cents from me, and all the games are over.
Some serious issues are highlighted in these few minutes of activity:

1) Inability for market participants to access a quote.
2) Excessive quote pollution as HFT algorithms battle each other.
3) Market fragmentation can lead to inferior execution.
4) HFT penny jumping can discourage market liquidity.

The bottom line is that all of these issues discourage participants from trading illiquid securities – making these securities even more illiquid.

----------------------------------------------------------------------------

In closing...bastards!!!

Innersting to be sure. I have always hated certain aspects of the market that you just don't find in forex, as predominantly. Liquidity of course being #1. Having a Canadian broker takes these issues and magnifies them. First off, working the pinkies without being able to see bid or ask, and just having to hit at the last price traded makes in near impossible to find prosperity. Knowing that Yank brokers will sell to Canucks but may not buy back is of course another. This in on the super sub levels of course, ya just don't find a lot of the same issues when yer hitting into some of the OTCs and even the Penny Nasdaqs. I play these levels because it is easier to make a few points on a large range than is to try and hit exact levels on a short range.

Really, check out KAM.V that I mentioned to ya last week. Held support at a buck, up almost 30%, and on this, I can take the whole range, provided it doesn't shit something ferocious at market open.

ELAY I got in waaaaaaaaaaaaaaaaay to fucking early, and left Waaaaaaaaaaaaaaaaay to fucking late, but still made bank.

DTGID, another in too early, but seriously, in over 300% range, it is hard not to find a couple bucks.

And so on and so on...

AON,on ins and whack the muthafuckin bid in getting out! Markets for me have dictated that if you are not in like a lion and out like a lion on fire, you are hopelessly trapped, and this is all a part of the jam. It's the game. And after taking a couple years in the forex markets, I have a lot more patience in waiting for the right lady to come along and have no problem busting the dance when the music stops. Its the pennies, and like tripping the M1s, it's all for the love of the game!

Auuuuuuuuuoooooooooooooooooga!

Did you see this one recently?

And today...



Still bumping along nicely. Would have to say it held on to a pretty respectable amount of a 3000% roller-coaster!

3 words, dude...

Bat Shit Crazy!

Really, geaux figga, people making money on maryjane?? Whuda Thunk.

Like was mentioned by a fella a few posts back, ya should have a look at CBIS. Maybe not the same range, but still has potential.

Due diligence underway. Mentioned them to a mate that's long been entrenched in that industry. Waiting to hear back about any interesting inside gossip. He's given me a few beauties in the past: 0.15 to 1.20 kind of moves. But...as you said...its getting in, and getting the fak out that can be the problem. Both fills AND psychologically.

Had one from him that started out less than $0.20. Finally got in around $0.28. Went up to around $0.75, but "serious" expectations were for $1.35+++. Bastard started falling. Got out at $0.46 amongst the herd! Still...nearly a double in about an hour...but was set on a GREEDY quad!!!

Indeed!

Yeah...been away for a couple days...just getting caught up.

Good stuff, brother.

PSID.

Did a little reading on this sucker and have had it on watch for a while. From the chatter and possible baseline support, this one could easily take off like a rocket.

I think anything that resembles above avg volume on this one would look really nice as a gamble.

hi

IBM

By formation of a H&S pattern and positive divergence in H4 we can see a break through the neckline. we expect to have the price raised around 203 if demand faces growth.

Awesome chart!!

sony

In Daily time frame we can see DEEP CRAB pattern. according to time fulfillment and rebound from prz zone we will be a wittness of the price growth if everything goes in favor of our outlook.

KAM.V

Hit into its first supply zone.

50% gains from Monday Lows.

LNET update.

Finally a little volume with a 50% gain from day low to high. This could be the beginning of a beautiful friendship!

XCLL Update.

A nice little pop on this cork. from .06 to .10 for a daily range left a few % to trade in. Might still see a little more as it approaches first supply zone.

Ahhhhh playing the seriously hammered dead cat bounce plays hey, looking for a volume spike to get in on most likely ??

I miss those days.... except the 1 that climbed like mad, finally thought i'll jump in for a quick run, 4mins later delisted and blew my account LOL


Be careful old chap!!


p.s. good to see your well and back dude!!