top | item 39150111 (no title) jleahy | 2 years ago The spread between SPX and ES is purely mechanical. It’s a function of expected future interest rates and dividends over the remaining life of the future.There is no such thing as support/resistance in reality. discuss order hn newest MuffinFlavored|2 years ago > There is no such thing as support/resistance in reality.Where would you say 80% of the daily trade volume comes from on average?The powers to be that I can think of:institutional investors / fund managers slowly reallocating (selling stuff off, buying stuff) dailyhigh frequency trading algorithms trading shares back and forth to each other in an artificial way to generate synthetic volume/movementmarket makers reacting to option chain volume to remain neutral"hedge funds" / "quant funds" running their algorithmwhat do those algorithms look for at the "minute by minute" scale if not things like support/resistance/patterns/volume? jleahy|2 years ago In my experience a large % of the daily trade volume comes from me.
MuffinFlavored|2 years ago > There is no such thing as support/resistance in reality.Where would you say 80% of the daily trade volume comes from on average?The powers to be that I can think of:institutional investors / fund managers slowly reallocating (selling stuff off, buying stuff) dailyhigh frequency trading algorithms trading shares back and forth to each other in an artificial way to generate synthetic volume/movementmarket makers reacting to option chain volume to remain neutral"hedge funds" / "quant funds" running their algorithmwhat do those algorithms look for at the "minute by minute" scale if not things like support/resistance/patterns/volume? jleahy|2 years ago In my experience a large % of the daily trade volume comes from me.
MuffinFlavored|2 years ago
Where would you say 80% of the daily trade volume comes from on average?
The powers to be that I can think of:
institutional investors / fund managers slowly reallocating (selling stuff off, buying stuff) daily
high frequency trading algorithms trading shares back and forth to each other in an artificial way to generate synthetic volume/movement
market makers reacting to option chain volume to remain neutral
"hedge funds" / "quant funds" running their algorithm
what do those algorithms look for at the "minute by minute" scale if not things like support/resistance/patterns/volume?
jleahy|2 years ago