
@bank_a_tronic I saw this: http://profit.ly/content/chat/5785412 in the chatroom as you posted and was reminded of it at market close. Thanks for posting - it was a really good call since it turned out to be so prophetic. Later in the day you mention "shorting at the bid" and "buying at the ask". If you have the time, do you think you can do a quick post of how you get to observe such datums?
Update: Yes, I will be putting a post on it tomorrow, Monday, in the afternoon ;)
Well, I am still waiting on STT to get back to me on my very important question regarding the Sales. (I will get into the blog posts though, a some point though.) Basically, many trades now on these volatile stocks are to try and trap shorts & create squeezes on these volatile low floats-STT shows on their Time & Sales that huge numbers on the ask are sometimes buy orders that are broken up-I have to get more info on this ;))
Ok, so you're using STT. Are there other columns in Time and Sales apart from timestamp, price and volume? Or is there a way of reading Time and Sales?
No there are no other columns, it's just that the buys and sells on the L2s do not coincide: often when it looks like there are big sellers or buyers, those are buys and sells, shown in the Time and Sales as going through as in multiple buys at the ask instead of what L2 might look like a big buyer. Hope this helps. STT youtube has put some vids out & they will be putting more out in due time ;)
Join now or log in to leave a comment