Gman, head trader at SMB Capital, wrote an excellent article for Wall Street Cheat Sheet about how to make adjustments to your trading to avoid being shaken out of trades by the algorithms. You can read the full article here.
Gman, head trader at SMB Capital, wrote an excellent article for Wall Street Cheat Sheet about how to make adjustments to your trading to avoid being shaken out of trades by the algorithms. You can read the full article here.
2 Comments on “High Frequency Algorithms Tampering with the Tape & Chart Setups”
Thanks for writing this. One of those “smile cuz you know you’ve traded that” reads. I find myself saying, “Yes! I want in right now! OK… bidding .20 lower for the panic.” Crazy, but that’s just how you have to do it with this stuff.
Thanks for writing this. One of those “smile cuz you know you’ve traded that” reads. I find myself saying, “Yes! I want in right now! OK… bidding .20 lower for the panic.” Crazy, but that’s just how you have to do it with this stuff.