|February 25th, 2013, 01:59 PM||#11 (permalink)|
San Anselmo, Calif.
Futures Experience: Intermediate
Broker/Data: IB, FuturePath,TS,CGQ
Favorite Futures: All futs, ES
Posts: 22 since Feb 2011
Thanks: 2 given, 8 received
Good points. U R right, not so simple.
Like the answers to most questions, the answer seems to be "Depends."
The reason I started the the thread in relation to Delta-based trading philosophy.
Some the biggest proponents of the method believe that large traders use mostly market orders to get filled, hence those footprints are worth following.
But that never made cents (sorry) to me.
As I see it, "urgent" traders (market orders) do not seem like they will be most successful in the long run.
Any opinions welcomed.