imagine someone slapping their forehead very hard... you just pictured me.
i don't know what you guys think you are 'discovering' with your tick counts. apart from confirming that you are indeed still receiving data, the moment a tick event occurs has virtually no further value from that moment onwards.
unless you find that the activity is :
a) significantly different in up and down movements to the majority of all other feeds and in such a way that,
b) the spread values would have given opportunities to profit more (or lose less) over this bar than was otherwise possible with the less volatility within the bar...
then it's all just pointless. my guess is that it's always going to be pointless.
seriously, how often do you get a bar where you could have entered and exited within that bar for a profit? it happens, but less often than some might suggest. all other action then becomes somewhat negligible since you are inevitably still waiting for future bars to print before price will have moved to a point worth closing a trade at. point being that you are generally waiting on further bars to print, and all bars are virtually identical across brokers. no one is getting screwed-over, apart from spread issues. more ticks, less ticks, it's all somewhat the same in the end.
everyone is looking at some part of an overall market shadow.
i don't know what you guys think you are 'discovering' with your tick counts. apart from confirming that you are indeed still receiving data, the moment a tick event occurs has virtually no further value from that moment onwards.
unless you find that the activity is :
a) significantly different in up and down movements to the majority of all other feeds and in such a way that,
b) the spread values would have given opportunities to profit more (or lose less) over this bar than was otherwise possible with the less volatility within the bar...
then it's all just pointless. my guess is that it's always going to be pointless.
seriously, how often do you get a bar where you could have entered and exited within that bar for a profit? it happens, but less often than some might suggest. all other action then becomes somewhat negligible since you are inevitably still waiting for future bars to print before price will have moved to a point worth closing a trade at. point being that you are generally waiting on further bars to print, and all bars are virtually identical across brokers. no one is getting screwed-over, apart from spread issues. more ticks, less ticks, it's all somewhat the same in the end.
everyone is looking at some part of an overall market shadow.
Congratulations ScalaFX for coming out of the closet!
.
What broker has the 500ticks a minute? I bet there would be quick fills and almost no slippage, I guess probably tighter spreads as well.
