|
PureBytes Links
Trading Reference Links
|
FWIW, I think your example shows the opposite -- that there isn't too much
money following Aberration. If Aberration gives a buy signal and
_everybody_ piles into rice (or whatever), the Aberration buyers are going
to drive the price up beyond where Aberration gave its signal. If everyone
is able to get filled at the exact tick Aberration triggers a trade on, then
there is room for more people to use Aberration.
----- Original Message -----
From: <Qpalla@xxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Friday, June 28, 2002 11:19 PM
Subject: Aberration Picked Off
> Anybody who saw the recent rice trade in Aberration has to admit that
> Aberration got "picked off." It literally bought the high tick of a limit
up
> move on its entry and then sold the lowest tick of the move several days
> later getting out. The net result was a loss 2x greater than originally
> intended by the trade. Looking at the volume figures confirms that the
days
> Aberration traded saw huge spikes in volume too.
>
> I think this shows that there is just way too much money trading
Aberration.
> Also, as an "open" system its been spread to just about anybody who wants
it.
> All these factors have caused Aberration to become a victim of its own
> success in my opinion. Time for lessor known strategies.
>
|