Resting bids above market or offers below market? | Traders Hideout


futures.io - futures trading strategies, market news, trading charts and platforms


Traders Hideout


Discuss day trading practices and futures trading strategies on this forum for all markets. This forum is also for discussing and reviews for brokers, data feeds, and commercial or third party add-ons




 

Resting bids above market or offers below market?

  #5 (permalink)

Minneapolis Minnesota
 
 
Posts: 14 since Apr 2014
Thanks: 8 given, 3 received

Essentially if you are trying to be first in the queue at a newly created level or just in general, there are many players that are already doing this. ES fills to 100 size within 40 micros almost every time a new level is in. The first ones in are still much faster. I don't think it's advisable to fight that battle.

Reply With Quote
The following user says Thank You to HFF Trader for this post: