I have a question about a trader on the Leaderboard - mark101rrrr. The majority of his scalps are either 1 second or 0 time in the market. How is it possible to be in a trade for 0 time? There are sequential strings of these trades. I trade live and once in a while something like that will occur. But it's very infrequent. I've attached a screenshot of his trades. I'm curious because I also scalp the CL and do very well (thanks to John Grady). I tracked mark101rrrrs' trades over a period of a month, used market reply to see if any of them were feasible. I couldn't find a single trade out of 100 that entered and exited in 0 time. Is this a function of the demo account? I trade live but market replay should at least mimic a couple of these trades.

Would be interested to know what you think.

Also, what is the EXPF market type? Is that another exchange?

Thanks

This is a good question.
I get in and out in as few as 3 secs at times with 7-15s representing faster markets and things working out.
I wonder how he is trading.
Is he simply flipping out bid/offer?

Sent using the NexusFi mobile app

The fact that I never received an answer either here or in the Jigsaw member area says more about Jigsaw than about this trader. That's all I'm going to say about that. I sent you a PM.

This is a good question.
I get in and out in as few as 3 secs at times with 7-15s representing faster markets and things working out.
I wonder how he is trading.
Is he simply flipping out bid/offer?

Sent using the NexusFi mobile app

Looking at the screenshot of the trades of that guy, time in does say 0 time but if you look at the entry and exit times, you can see the trade took 1 second.
It's very easy to have 1 second trades and even less than that.
Just set a strategy for 1 tick stop and 1 tick target. I guarantee most trades in CL, NQ, or any other fast pace market will be in fact less than 1 second.
You can open a position and 5 milliseconds later you're out.

You're right, but that doesn't account for strings of positive trades very close together in time and price - all winners. Logically, there should be some losers randomly distributed. But there isn't. If you download all the trades, month over month, it's very clear.

It's probably an EA BOT in Metatrader 4 or 5. There's a bunch of them over there in their Marketplace. Whether they get filled or not is the question. In the CL it's entirely possible that they do get filled though.

In any case, it's somewhat disturbing that the owner of Jigsaw, who sponsors the Leaderboard, doesn't answer a simple question. If it's some secret sauce, then just say so and be done with it.

Hi,

I am in no way qualified to speak for Peter, reprobate or defend him but just to maybe shed some light...

Not long ago all Jigsaw customers received an e-mail with upgrade and the following apology (I hope I am not breaking some rule regarding Jigsaw communication with customers and I hope Peter would not mind me posting it here:


"...Some of you may remember a couple of years ago, I decided to take off to an ancient Farmhouse in the UK and work from there. Great plan, terrible internet. This year, I'm in a wonderful ancient house in the UK again and this time I checked ahead that the internet would be OK. It seems my version of OK and theirs is somewhat different and although the surroundings are serene, the internet is dial up speed!

For those of you wondering where I was on the live chat or why the blog was so quiet - now you know. I'll be back to the office on 1st Sept. In the meantime, I'm making the most of the slow internet speed!

Good Trading!

Peter Davies
Jigsaw Trading"

It may partly explain his silence (not the questions regarding the funny trading statistics on Leaderboard).

All the best.
Hana

I have a question about a trader on the Leaderboard - mark101rrrr. The majority of his scalps are either 1 second or 0 time in the market. How is it possible to be in a trade for 0 time? There are sequential strings of these trades. I trade live and once in a while something like that will occur. But it's very infrequent. I've attached a screenshot of his trades. I'm curious because I also scalp the CL and do very well (thanks to John Grady). I tracked mark101rrrrs' trades over a period of a month, used market reply to see if any of them were feasible. I couldn't find a single trade out of 100 that entered and exited in 0 time. Is this a function of the demo account? I trade live but market replay should at least mimic a couple of these trades.

Would be interested to know what you think.

Also, what is the EXPF market type? Is that another exchange?

Thanks