Australian (ASX) Stock Market Forum

Best day trading system

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24 January 2008
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Does anyone know best trading system in Australia?
Recently read article of Tibra Trading and feeling importance of system.. :banghead:
 
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Have you tried the 'coin toss' method. Very simple and with good MM you could maybe make some money
 

I'm sure there was another article that went into more depth as to how the system used by Tibra was supposed to work. Based arround mathmatical "algorythums" (not sure of spelling) that have been formulated to identify tradings trends in microseconds (don't worry about 1 minute interday chart updates). They are supposed to have made hundresd of millions in a short period of time (1-2 years) and the company and principals are being sued by their former employer. If the system works for Tibra you would think it also worked for the former employer and that they also made hundreds of millions in a short period of time? I didn't understand how they generate rebates and fees from the market by providing liquidity to stocks?
 
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