Did you read my post? I gave a very specific example of the 5k msg/s being evidence of the author's general lack of knowledge. The "article"...
You read Barron's? Let me guess: Abelson is bearish. Barron's has to be amazingly profitable... AA has written the exact same editorial for...
I see why you're saying this. But the market is better off with a healthy amount of decentralization. One of the things we learned on May 6 is...
I don't read it the same way. In the example, all the orders try to pay the same price. The difference is that the informed orders try to pay...
All I can say to that comment is: bravo. I can find nothing material to disagree with. Thanks for posting it. (Of course that's kinda easy to...
I agree with Winston's comments. I also somewhat agree with Mr. Bright's, but think they rest on a flawed assumption. My counterpoint is this:...
It's garbage. 5000 orders / second in one name almost sounds an order of magnitude low to me. I've gotten phone calls from CME guys saying...
Fixed that for you. What I said about stops is fact, not opinion or conjecture. Look at it this way: a stop is an entry in the opposite...
Stops are bad. 1) Stops are about you, not the market. The market doesn't care where you got involved. Therefore what you're stopping is...
Ok Mizhael, I'm finally gonna bite. You ask so many questions here and on Wilmott, and their content is transparently sincere enough, that you...
What's the activity like, in terms of pit vs. screen? With the right capital/setup/etc., would you rather provide liquidity on the screen or take...
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