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Is this cheating?

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  #41  
Old 26th November 2007, 02:39 PM
skg skg is offline
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Default Re: Is this cheating?

yes of course

They don't execute orders at several times for Market orders when it is quite volatile. You have to enter your order couple of times.
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  #42  
Old 26th November 2007, 03:24 PM
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Default Re: Is this cheating?

Quote:
Originally Posted by hari09omkar View Post
Spidersoftwareindia and Falcon are close competitors with the earlier having much much edge.
P.S. I don't think these multimillionaire companies need advertisement from a poor guy like me.....but still for the stature Traderji has maintained for itself,I should mention that this is not an endorsement for them,neither I am satisfied with their service fully,till today.
Thanks for the feedback.

Won't worry about the PS , spammers don't wait for 100s of posts . . . to begin spamming.

Thanks
nb
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  #43  
Old 26th November 2007, 03:45 PM
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Default Re: Is this cheating?

Quote:
Originally Posted by supaTrade View Post
I am sorry if I appear blunt, but being arrogant will not help you.
No Sir,u r not appearing blunt,u r right absolutely.
Quote:
Originally Posted by supaTrade View Post
I never said that a 0.01 second chart cannot be plotted. Even a 0.000001 second chart can be plotted, but whats the use?
But this was ur post:

Quote:
Originally Posted by supaTrade View Post
How can you expect a chart for every trade? Thats impossible. How can you plot a graph with 0.01 second time scale?
Quote:
Originally Posted by supaTrade View Post

Also please read carefully, I said indicators cannot be "accurately" formed on tick data not that they cant be formed at all.
And I am saying,with hard work,indicators or trading systems can b formed out of d tick data,which can b fantastically winning(I don't use d word accurate here,as I didn't find an accurate indicator,in ne time frame....rather they can be winning in most of d time,which is necessary,not d accuracy.....).If u have ne contradiction,please refer to d thread of Asish da,a fine day trader,also a swing trader,where he has shown with one after another chart,that how day trading can b done wid d tick data.

Quote:
Originally Posted by supaTrade View Post
BTW what is your age? you seem to be very young.
Twenty five,Sir.

Sorry if I have appeared arrogant to u,but I had to plead for d truth. Daytrading is tough,winners r less here,hard work is much much more here,data is vast here,but still it is possible to build hugely profitable system for day trading,provided we have d correct data(inclusive of all d trades of d sly market makers' out of flash trades).It is not a frustrating job at all.
Regards
Hariom
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  #44  
Old 26th November 2007, 03:56 PM
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Default Re: Is this cheating?

Quote:
Originally Posted by supaTrade View Post
Graphs are plotted on time scale. i.e. the price "at that moment" for fixed intervals of time like n, n +1, n + 2, n + 3, so on.

How can you expect a chart for every trade? Thats impossible.
Hello ST

First let me clarify, am not trying to butt in to a conversation or have an intention show arrogance or other wise, just trying to lrn some here ...

I have never used them but many traders use Charts with Constant Volume (CV) Bars or Tic Charts where time scale is not used, volume or number of trades makes the Y-axis. Heard they have their own advantage, wanting to try them out.

A chart with every trade would hardly be useful, but data with holes is also not so useful.

T&S (Times and sales) is another format we hear about. This format specifically is supposed to transmit each and every trade, again traders use filters (size, quantity or bid/ask side based) to see the flow or orders/trades, thus reducing the number of trades visible.

Having the choice to filter out trades out of all taking place and not what the data vendor thinks fit to transmit would be good.

Beside these there are many others like DOM, Level II & III or whatever... (guess not available here)

Supatrade, what is your view on these types of charting methods? Once again want to mention just trying to learn, just a newbie with less than 10 weeks of real trading experience

Thanks
nb

Last edited by newbee; 26th November 2007 at 04:03 PM.
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  #45  
Old 26th November 2007, 04:00 PM
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Default Re: Is this cheating?

Hello Hari

Do the data vendors you have named provide CVS, tic charts and T&S? Think eSignal provides that.

Thanks
nb
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  #46  
Old 26th November 2007, 04:06 PM
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Default Re: Is this cheating?

Quote:
Originally Posted by newbee View Post
Hello Hari

Do the data vendors you have named provide CVS, tic charts and T&S?
Can't comment on falcon,but spidersoftware provide each of them.
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