ETF's are somewhat different then stocks ... Blocks are "created" when needed and retired when not ...
--- In amibroker@yahoogroups.com, Keith McCombs <[EMAIL PROTECTED]> wrote: > > Assuming you are not a day trader but instead have a time horizon of a > few weeks or so, why not use limit orders. You might miss a trade > altogether once in a while but that may be better than getting bit by > one of those sharks. Of coarse it is easier (psychologically speaking) > to use limits when buying or shorting than when trying to get out of a > position (especially when it has turned against you). > > BTW, EEM which is a $90-$100 ETF and had a total volume of 3.1 million > shares today, traded only 200 shares the first minute of trading this > morning. Great opportunity for shark breakfast. > -- Keith > > Yuki Taga wrote: > > > > Hi intermilan04, > > > > Well, you have something promising, at least in the sense that the > > volume for the past quarter is up about 50 percent over the volume of > > the past year. Assuming price is rising, you might want to > > investigate further. > > > > But really, there is just no "volume" to speak of. There is nobody > > who seems interested in putting a *lot* of money into this issue. > > That could simply mean the float stinks, or it could mean the company > > stinks, or something else. > > > > But you can't *trade* a stock like this, nine times out of ten. You > > *can* *invest* in a stock like this (buy and hold on for some > > considerable period). It's just not deep enough to swing money > > around on a short term basis, however. I can just imagine the > > spreads. > > > > Try trading something that has a daily turnover of 10 million dollars > > or so. There's enough money coming in and out that, if you get the > > direction right, you won't be killed being the only one coming in or > > the only one going out when you trade. You will still make mistakes. > > They just won't kill you if you take care of them as soon as you > > recognize them. > > > > You certainly need to prove you can get direction right with a very > > liquid stock before trying to trade illiquid ones, anyway. I realize > > you are fairly new at this game, and that is just fine. Everyone > > once was. But when you are new, especially, you want to get in and > > out without a ripple on the pond -- invisible. > > > > Yuki > > > > Thursday, August 31, 2006, 12:27:47 PM, you wrote: > > > > i> Here are the results: > > > > i> 60days: $797,633 Dollar-Volume > > i> 120days: $713,400 > > i> 240days: $553,708 > > > > i> intermilan04 > > > > i> --- In amibroker@yahoogroups.com > > <mailto:amibroker%40yahoogroups.com>, "intermilan04" > > <intermilan04@> wrote: > > >> > > >> Hi Yuki, > > >> > > >> Let me do some simulation with Amibroker and get back to you on this. > > >> > > >> intermilan04 > > >> > > >> --- In amibroker@yahoogroups.com > > <mailto:amibroker%40yahoogroups.com>, Yuki Taga <yukitaga@> wrote: > > >> > > > >> > Hi intermilan04, > > >> > > > >> > Thursday, August 31, 2006, 9:56:24 AM, you wrote: > > >> > > > >> > i> I believe my case was the latter. Today I was trying to buy 900 > > >> > i> shares of a 5-dollar stock and got caught. I am now making change > > >> > to i> my volume limit so I won't make this mistake again. > > >> > > > >> > What is the average dollar volume per day of the stock over the past > > >> > 60, 120, and 240 days? > > >> > > > >> > Your order is quite small of course. Five dollars times 900 isn't > > >> > even 5 thousand dollars. It should be like a drop in the Pacific > > >> > Ocean when compared to the market for that stock. If it isn't, that > > >> > fact has nothing to do with either the numbers 5 or 900. It has to > > >> > do with the average closing price times the number of shares traded > > >> > over some significant period of time. > > >> > > > >> > Yuki > > >> > > > >> > > > > Best, > > > > Yuki > > > > > Please note that this group is for discussion between users only. To get support from AmiBroker please send an e-mail directly to SUPPORT {at} amibroker.com For other support material please check also: http://www.amibroker.com/support.html Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/amibroker/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
