Traders' Roundtable

There is one possiblity that has not been mentioned. Occasionally stocks trade significant volume at a price or within a tiny range as a temporary equilibrium has been reached. This is the wet dream for participants with large orders. I have seen it through the eyes of a market maker over the years....

Thanks for the responses and thought. Red Rock - thank you for the reminder that the past does not equal the future. Turtle 40; "I would also disagree with your assertion that greater risk/trade has little effect on drawdown. From my testing, using MAR as the main measure, I achieve a MAR of 2....

In much of what I read I gather that most do not bet more than 1- 3 % per trade. In my testing of a particular system I notice that return rises sharply with incresed betsize without and equal but opposite rise in total equity drawdown. In my tests I am using 5% with simulated DD's in the mid 30's%....

I have contacted athena trader for other purposes. The two, Athena/TBB are not quite comparable since they do not target the same customer. I do not know what athena cost is, but judging from other products they offer and their prices, I suspect that the price tags are not even in the same ballpark.

I plugged your values in and got a nonsensical error message.

Was this the point?


Thanks

IMO I think it is more a function of the liquidity of the stock and the type of order placed. A larger, market order in a semi liquid stock on the NASDAQ in the hands of wholesaler is a recipe for pain. That same order with a limit, however, must typically be displayed publicly eliminating the any p...