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PureBytes Links
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Hi,
Interested to know if anyone on the list uses a classical "marketmaker" type
strategy in their electronic trading...ie, bid/offer whatever distance
apart. When bid is hit you move back predetermined amount to bid/offer at
new levels until you either get too long or your position is closed by
someone lifting your offer..at which point you reset and go again.
If so what have you found to be the key determinant to your success/failure
apart from (low) commissions...?
Thanks,
Robert
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