The Quotable Jorge F
Posted on June 23rd, 2009
Written by Richard
Posted in: N/A (old archives)
“The rhythm of the market is the large traders breaking to high five each other before they get back to work.”
Jorge was showing us how he cleans up by watching for the splitter to turn, and then waiting for truly big (300+ sized) trades to go by on the time and sales. He scalps for about a point, every few minutes, to great effect. There’s a bit more to it, but that’s the basic idea. I love the way ideas are thrown around in our room!
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© 2010 Richard Todd. I am not a financial advisor, and nothing on the site should be considered investment advice or actionable recommendations. I'm just an individual, saying what I think, and sharing my experiences.