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Re: Dabbling in Daytrading - $TICK symbol



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My Tick updates every 30 seconds.  Check your file using Edit/Tick on a 1
minute chart in TS.  If you don't have two data points per minute, something
is wrong.  I'm using BMI Cable and the data comes from their MIC database.
    
Tick can be very useful in Index trading, but you have to study it for a
while to get a grip on how it relates to price action.  It's about 80%
accurate for spotting divergences at major intraday pivots.
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At 07:34 AM 8/13/98 -0700, you wrote:
>
>I've been looking at a system using the nyse TICK data. Seems
>promising, but the update rate is somewhat lacking. For example right now
>the price is doing something promising but the $TICK symbol hasn't updated
>in 10 minutes! Too bad I can't tell what's going on.
>
>Question: Is this the way the exchange broadcasts it, or is it this crummy
>datafeed? 
>
>
>