Automating for a 1 tick scalp? | Traders Hideout


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Automating for a 1 tick scalp?

  #12 (permalink)

Vancouver, Canada
 
Trading Experience: None
Platform: T4
Favorite Futures: Futs
 
Posts: 46 since May 2013
Thanks: 3 given, 41 received

Revan, have you looked into implementing this on contracts other than ES? If I were going to try and be a retail-ish market maker I would be looking for; 1) large tick size to overcome a retail fee structure 2) A slower, low variance style of price action 3) If I get into a bad position I can hit size behind me, or have a variety of hedges to lay off in. The BUB and BOB spreads come to mind as a good place to be at 31.25 a tick. Pull up a chart and see what you think, just food for thought...

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