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Trade Point Technologies

  #30 (permalink)

Hartford, CT. USA
Trading Experience: Intermediate
Platform: NinjaTrader
Broker/Data: AMP/CQG, Kinetick
Favorite Futures: RTY
RJay's Avatar
Posts: 685 since Jun 2009
Thanks: 745 given, 768 received

DavidHP View Post
I read everything he posted on TL.

I also copied most of it to a file and then highlighted the most important points
After that I created a Key Points document of those posts.

If he is being truthful, the information we seek is in those posts.

You and I need to talk...

Hi DavidHP,

Trying to get my head around some things like this,

"We feel that the bid/asked approach to designating buying or selling volume is flawed in several ways."

"To demonstrate one of those flaws, please consider the situation where a very large buyer places a limit order at the current asked price - the order is larger than the asked size so he is partially filled at the asked and as the order took all the asked size the asked moves up and so does the bid. Now the remainder of this large buyer's order is on the bid and trade that fills this large buyer, on his bid, is recorded as selling volume. "

"Thankfully there are intelligent agents capable of sorting all this."

Does anyone know what " intelligent agents" means??


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