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Re: [amibroker] Re: NDX / QQQ-Can itbe traded? !!!!



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Hi Fred,

Ffyc> Again for the most part no argument ... but for example a
Ffyc> system designed to trade NDX and/or QQQ's on a purely end of
Ffyc> day basis could  be used to trade the corresponding MF's at
Ffyc> Profunds, Rydex and/or  Potomac where individually or
Ffyc> collectively one would have no trouble  swinging seven figure
Ffyc> trades.  What happens once one gets into the  middle eight
Ffyc> figures I have no idea but I'd be happy to have and deal  with
Ffyc> the problem.

Again, I think you need to focus on position size in terms of share
amounts relative to each market (each issue) being traded.  The
currency amount is really rather meaningless, but the amount of
shares -- considered as a percentage of the daily volume average --
becomes very significant once you pass a certain threshold.  And when
you consider the share volume, you have to consider the lower volume
days very carefully.  Just how low do they go?  Because that is when
you might be trying to move a large position.

You need a 'no ripples on the pond' type of volume to have a
meaningful system, I think.
 
Best,

Yuki

mailto:yukitaga@xxxxxxxxxxxxx


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