Bid

Aptik is back, so small

The alternative uptick rule (Rule 201) approved today imposes restrictions on short selling only when a stock has triggered a circuit breaker by experiencing a price decline of at least 10 percent in one day. At that point, short selling would be permitted if the price of the security is above the current national best bid.

Rule 201 includes the following features:

  • Short Sale-Related Circuit Breaker: The circuit breaker would be triggered for a security any day in which the price declines by 10 percent or more from the prior day’s closing price.

  • Duration of Price Test Restriction: Once the circuit breaker has been triggered, the alternative uptick rule would apply to short sale orders in that security for the remainder of the day as well as the following day.

  • Securities Covered by Price Test Restriction: The rule generally applies to all equity securities that are listed on a national securities exchange, whether traded on an exchange or in the over-the-counter market.

  • Implementation: The rule requires trading centers to establish, maintain, and enforce written policies and procedures that are reasonably designed to prevent the execution or display of a prohibited short sale.

* * *

The rule will become effective 60 days after the date of publication of the release in the Federal Register, and then market participants will have six months to comply with the requirements.

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All in all, if the stack fell on 10%, then until the end of the day and the next, an aptik rul is introduced. Ie. in order to short you need someone to buy your offer, You cannot shortcut yourself in someone else's bid.

That's all. It seems to me that aptik is good for day traders because noise is cut off, and in general the trade is more pleasant.
Harder but nicer. But the main thing is different. The regulator has moved away from insane rhetoric about the dangers of shortsel, for that and thanks.

breakdown filtering

Click to enlarge ...
breakdown breakdown difference….
1. broke through the level rapidly, or met some kind of delay" at this division of the price?
2. according to the specialist's quotas, whether a large ask or bid appeared when approaching the level?
3. Did the price draw some 'shelf'" before taking, behind which the feet feel safe and small?

categorization “Vernyakov”

1. absolute surefire – this is when there is a level, stretching already 2 sessions or more, and there is a large bid / ask exactly at this level price
2. middle surefire – this is when there is a local high or low for the current session and a large bid / ask hangs on it
3. weak surefire – same local high or low, but the tape shows the presence of a hidden seller / buyer at this point when you zoom in again

ps: I would never have believed two months ago, what i will understand now glass and nyse tape so – as I understand it now. really this is a very simple formula , which I briefly heard about here , then there `` you just have to be in the market and look stupidly every day ''. over time, the eye will begin to notice patterns in certain actions on the market.

pps: if you add up the time per day, which I give to the market, then it is at least 10h. per day, and in some 2-3 days of the week, the total operating time reaches at least 12 hours.. ie. obviously, that I'm all there. Yes, and I am dragged in general from all these processes :) maybe this is the formula for success??

Trading strategy “zero” for scalpers

I would like to tell you about a trading strategy for scallers with zero commission, which is used only by a narrow number of market participants, those who have no brokerage commission at all. I must say right away that zero commissions are available only to NYSE members, i.e.. brokers, etc.. It's not a secret for anyone that besides a specialist in the market (NYSE, NYB) there is still a lot of ECN (NASDAQ, ARCA, WHEREAS, BATS and others), that's just with the help of them you can earn. It's only about that way, which I used and we will talk about BATS. Theory of trading strategy Let's start with the theory of what trading at zero looks like in general.

scalping?

I accidentally took it and, from idleness at lunchtime, figured it out, it seems, in the scalping technique.
correct, what's wrong?

1. only glass level2 is needed, tape doesn't help much, minute chart.
2. choose a highly liquid stack, who rushes in range 1 cent for 5 minutes or more (Citibank is perfect now, for example)
3. смотрим в стакан и подсчитываем ориентировочно "на глазок" by the number of orders and the width of the level on which side is the advantage.
4. if on the side of buyers, then we start buying – 1 cent profit, 1 cent stop. all hands. one finger is placed on the buy, another to sell all around the market and let's go: if citibank is now walking on 4.16, Spread – 1 cent, we – 4.15, ask – 4.16.. wait until the price becomes equal 4.15 – we buy, rises to 4.16 – we sell and so on, while the customers are pulling the rope.
5. we dig a lot on the keyboard)
6. and paragraph, which should, in theory, go first – find a broker, which, with a deal in a cent, will leave at least some crops of money for the poor scalper))))

what is it? what's wrong?

friends, who is active in scalping of you?
exactly as I described..

Dictionary of trader and investor. 100+ terms

The Trader's Financial Dictionary contains basic exchange terms for beginners. Most relevant financial “slang”. Market On Close (MOC) order is an order, which can be sent during the day during the trading session, but will be executed in the last trade at close. Throughout the trading day, exchanges accumulate MOC orders and bring them together in the last trade (print) trading day. After-hours trading – execution of transactions with securities after the close of the exchange session. Previously, this type of trade using special computer systems was used by, mainly, institutional traders. Many online brokers today offer access to “last day trading” a wide range of investors. Ask (asked price) – Selling price – seller's asking price, ie. the lowest price, by which he is ready to sell. At-the-opening order – order to the broker to conclude a deal at the best price at the opening of the exchange (at the beginning of the morning session). ATS (Alternative Trading Systems) – alternative trading systems are the fastest growing e-commerce medium. They provide their members-subscribers with access to information and trading on various platforms through special software.. Compared to online brokers, PBX operation is faster and more reliable in that, regarding the processing and execution of orders. In the SEC rules, the term ATS is defined as “any organization, association, face, group of persons or system, That: …

Dictionary of trader and investor. 100+ terms Read more

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