Quote:
Originally Posted by OMG!WTF!
Not really. It's all in real time via Trade Station which is plenty fast for me. Automated trades are possible for US citizens on TS but not really necessary for me. Algorithmic trading sounds like those flash boys types of high frequency traders but it's not like that. It's really just trading that is governed by a set of rules programmed into a computer and when the market meets those conditions it gives you a trade signal. It doesn't rely on speed of trades. Usually a two minute chart is what I work off of but I'm working on a 30 second chart strategy for the first few minutes of the day. The conditions I look for take several minutes to develop. Some strategies I only enter after the first 52 minutes of the trading day. Some strategies are even for over night holds or swing trades. It's generally the same conditions but different time frames on the charts.
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So, short term speculation then.
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Pylon on the Edmonton Oilers:
"I am actually more excited for the Oilers game tomorrow than the Flames game. I am praying for multiple jersey tosses. The Oilers are my new favourite team for all the wrong reasons. I hate them so much I love them."
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