HSI Futures trading

[Trembling Hand]

You ever found more lag using NT for execution over IB?

I don't use it for hong kong.

 

[Trembling Hand]

Some vicious selling going on today.

 

[ThingyMajiggy]

Some vicious selling going on today.

Yeah you get that big sell off earlier? I got in sheep dit on the open, thought it would sell off sooner than it did, clawed my way back, nearly got on that big sell off but just missed it

Isn't it funny how everything follows the US :

So based on those stats you done, Monday has set the low, we should be pushing higher into Fridays close?

 

[Trembling Hand]

Nah missed it. Been playing short mostly but got stopped out on that flick up just before the sell off!!!

Jumped back on here and there but going awful today, nearly hit my daily stop with **** entries.

thank god it got moving towards the end to get back close to flat.

 

[ThingyMajiggy]

Bear with me...trying to do some stats in Excel again

I'm trying to find out what the chances are of the HSI touching its previous day OHLC, not all of them obviously but each one individually.

What would be the easiest way of doing this? I guess it would need to be done from minute data, like some sort of calculation if throughout the whole days price action, if it was = XXXXX from previous day.

 

[Trembling Hand]

too hard, and probably too messy to make any sense.

I would start with gaps closing you can use EOD for that.

 

[nunthewiser]

Nah missed it. Been playing short mostly but got stopped out on that flick up just before the sell off!!!

Jumped back on here and there but going awful today, nearly hit my daily stop with **** entries.

thank god it got moving towards the end to get back close to flat.

Glad to see your human also

 

[Trembling Hand]

Glad to see your human also

Human!! skill level lower than an earth worm today.

 

[Trembling Hand]

Ouch!! you needed plenty of fingers & toes to catch that falling knife!

 

[ThingyMajiggy]

Ouch!! you needed plenty of fingers & toes to catch that falling knife!

Got that right! That was viscous! Looks like the stops got hit being outside the weeks range?

 

[Nick29]

Trembling Hand,

Are you using IB Booktrader for Hang Seng?

 

[Trembling Hand]

yep

 

[Nick29]

THT,

Ok. I was going to use booktrader but couldn't be bothered having to press the "Alt" button to transmit a bracket order. So I went with Ninja. I'm trading the mind numbingly slow SPI though.

 

[Trembling Hand]

THT,

Ok. I was going to use booktrader but couldn't be bothered having to press the "Alt" button to transmit a bracket order. So I went with Ninja. I'm trading the mind numbingly slow SPI though.

NTs DOM is no good for the HSI as it only has 5 levels from the best bid/ask, useless for anything that can have the price spread over 10 - 15 levels. And I hate paying an extra 0.10 USD per side.

You can just set Book trader with hot keys to trade any way you want.

Oh yeah SPI can go get :321:, so useless to trade

 

[Largesse]

Yay SPI

 

[Trembling Hand]

Just LOL!!

I was about to post that the SPI has had a good day today.

But now it looks just Sh!te compared to this.

 

[NAsX]

Yes, amazing things happened today

Why I keep going back to the HSI, despite all the headaches it's given me

 

[Trembling Hand]

hahaha. And its still going!!!!

 

[NAsX]

Any takes on why the HSI is always so volatile?

I've always taken the big point moves for granted because it's just how it's always been, but just then I had a look at the percentage moves, that was some 1.20% move in 6 minute in the first run alone, for an index that's just unbelievable

 

[Trembling Hand]

There is only 42 stocks in the HSI. With it very much weighted to the top 10 or so stocks. So its not that hard to fling around. And its calculated to have a high number, 20,000, makes for lots of ticks as well as % moves.