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70% Of All Stock Market Trades Are Held for An Average ... - 10/23/2010 6:53:01 PM   
pahunkboy


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70% Of All Stock Market Trades Are Held for An Average of 11 SECONDS In the stock market, program trading dominates volume. I heard recently that 70% of trade positions are held for an average of 11 seconds./snip
Think you still are "free"?
HA
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RE: 70% Of All Stock Market Trades Are Held for An Aver... - 10/23/2010 7:14:01 PM   
truckinslave


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Do you think I believe everything you hear?

_____________________________

1. Islam and sharia are indivisible.
2. Sharia is barbaric, homophobic, violent, and inimical to the most basic Western values (including free speech and freedom of religion). (Yeah, I know: SEE: Irony 101).
ERGO: Islam has no place in America.

(in reply to pahunkboy)
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RE: 70% Of All Stock Market Trades Are Held for An Aver... - 10/23/2010 7:47:52 PM   
pahunkboy


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quote:

ORIGINAL: truckinslave

Do you think I believe everything you hear?


What are you?  Some wise guy?

You really ought to study Wall Street.   They are robbing you. 

(in reply to truckinslave)
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RE: 70% Of All Stock Market Trades Are Held for An Aver... - 10/23/2010 8:03:09 PM   
truckinslave


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quote:

What are you? Some wise guy?


A very wise few credit me with wisdom; the masses mistake me for a common smart ass.

_____________________________

1. Islam and sharia are indivisible.
2. Sharia is barbaric, homophobic, violent, and inimical to the most basic Western values (including free speech and freedom of religion). (Yeah, I know: SEE: Irony 101).
ERGO: Islam has no place in America.

(in reply to pahunkboy)
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RE: 70% Of All Stock Market Trades Are Held for An Aver... - 10/23/2010 8:06:56 PM   
thornhappy


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quote:

ORIGINAL: truckinslave
Do you think I believe everything you hear?

11 seconds is pretty long.  It's all done by high-speed computers (flash trading or high-frequency trading) and high-frequency trading comprises about 70% of the market.

(in reply to truckinslave)
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RE: 70% Of All Stock Market Trades Are Held for An Aver... - 10/23/2010 8:17:23 PM   
pahunkboy


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From: Central Pennsylvania
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quote:

ORIGINAL: thornhappy

quote:

ORIGINAL: truckinslave
Do you think I believe everything you hear?

11 seconds is pretty long.  It's all done by high-speed computers (flash trading or high-frequency trading) and high-frequency trading comprises about 70% of the market.



Precisely.  

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RE: 70% Of All Stock Market Trades Are Held for An Aver... - 10/23/2010 8:19:37 PM   
Hippiekinkster


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In other news, water is wet, the sun rises in the East, and English is widely spoken in England.

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"We are convinced that freedom w/o Socialism is privilege and injustice, and that Socialism w/o freedom is slavery and brutality." Bakunin

“Nothing we do, however virtuous, can be accomplished alone; therefore we are saved by love.” Reinhold Ne

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RE: 70% Of All Stock Market Trades Are Held for An Aver... - 10/23/2010 8:21:14 PM   
pahunkboy


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From: Central Pennsylvania
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Begs the question-  WHOM is the other 30%?

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RE: 70% Of All Stock Market Trades Are Held for An Aver... - 10/23/2010 8:30:02 PM   
truckinslave


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Lets say there are 1000 shares of stock, total, in the NYSE.
Now figure how many millions of shares per day would have to be traded daily for 700 shares to be traded every eleven seconds. (1.83 by my math, assuming an 8 hour day).
Extrapolate that math to the billions upon billions of shares issued by the companies on the exchange.
Now look at the average number of shares actually traded daily.
What am I missing?

I suppose it could be some sort of mean, theoreticallybut I don't think there's any way 70% of total shares is traded every eleven seconds. It doesn't make any sense.

And what's the point?

_____________________________

1. Islam and sharia are indivisible.
2. Sharia is barbaric, homophobic, violent, and inimical to the most basic Western values (including free speech and freedom of religion). (Yeah, I know: SEE: Irony 101).
ERGO: Islam has no place in America.

(in reply to thornhappy)
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RE: 70% Of All Stock Market Trades Are Held for An Aver... - 10/23/2010 8:33:28 PM   
pahunkboy


Posts: 33061
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From: Central Pennsylvania
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Gimme a penny from the 6 bln trades....    

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RE: 70% Of All Stock Market Trades Are Held for An Aver... - 10/23/2010 8:40:22 PM   
truckinslave


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Status: offline
It would be billions of billions and billions and again... so what? Ameritrade making too much money? Buy stock in it, hold it more than 11 seconds.

_____________________________

1. Islam and sharia are indivisible.
2. Sharia is barbaric, homophobic, violent, and inimical to the most basic Western values (including free speech and freedom of religion). (Yeah, I know: SEE: Irony 101).
ERGO: Islam has no place in America.

(in reply to pahunkboy)
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RE: 70% Of All Stock Market Trades Are Held for An Aver... - 10/23/2010 8:49:25 PM   
DomKen


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From: Chicago, IL
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quote:

ORIGINAL: truckinslave

Lets say there are 1000 shares of stock, total, in the NYSE.
Now figure how many millions of shares per day would have to be traded daily for 700 shares to be traded every eleven seconds. (1.83 by my math, assuming an 8 hour day).
Extrapolate that math to the billions upon billions of shares issued by the companies on the exchange.
Now look at the average number of shares actually traded daily.
What am I missing?

I suppose it could be some sort of mean, theoreticallybut I don't think there's any way 70% of total shares is traded every eleven seconds. It doesn't make any sense.

And what's the point?

Are you intentionally misinterpreting the orignal statement?

70% of all trades are held for an average of 11 seconds not 70% of the markets activity is traded every 11 seconds.

(in reply to truckinslave)
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RE: 70% Of All Stock Market Trades Are Held for An Aver... - 10/23/2010 9:17:30 PM   
Musicmystery


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Not only is this ridiculous, but as the volume is reported daily, easy to shoot down.

At the very least, it would have to be an infrequent occurrence.

(in reply to DomKen)
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RE: 70% Of All Stock Market Trades Are Held for An Aver... - 10/23/2010 9:33:21 PM   
truckinslave


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Joined: 6/16/2004
Status: offline
quote:

70% of all trades are held for an average of 11 seconds


Exactly. So the majority of trades would have to be traded/traded/traded/traded/traded.

The math doesn't work I haven't seen a source of any kind for the info, and I just don't think it can be true.
And, if it is, why is it so?
And, even if it is so, so what?
I fail to see a threat to the republic.

_____________________________

1. Islam and sharia are indivisible.
2. Sharia is barbaric, homophobic, violent, and inimical to the most basic Western values (including free speech and freedom of religion). (Yeah, I know: SEE: Irony 101).
ERGO: Islam has no place in America.

(in reply to DomKen)
Profile   Post #: 14
RE: 70% Of All Stock Market Trades Are Held for An Aver... - 10/23/2010 9:35:04 PM   
truckinslave


Posts: 3897
Joined: 6/16/2004
Status: offline
quote:

At the very least, it would have to be an infrequent occurrence.


Exactly.
Except it couldn't be, or the length of time the trades are held goes up.
Tick. Tock.

_____________________________

1. Islam and sharia are indivisible.
2. Sharia is barbaric, homophobic, violent, and inimical to the most basic Western values (including free speech and freedom of religion). (Yeah, I know: SEE: Irony 101).
ERGO: Islam has no place in America.

(in reply to Musicmystery)
Profile   Post #: 15
RE: 70% Of All Stock Market Trades Are Held for An Aver... - 10/23/2010 9:41:32 PM   
Real0ne


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Joined: 10/25/2004
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hunk that is because 70% of the people have shit for a trading platform like ameritrade datek and all other browser based trading systems that are pooled to their advantage.  My platform its rare that is takes even 1/10th second and most of the time its click-bing literally as faster than you can say the words.  click is when I manually make a trade and bing is the confirmation sound.
you all have crap for trading platforms get a professional one.  

_____________________________

"We the Borg" of the us imperialists....resistance is futile

Democracy; The 'People' voted on 'which' amendment?

Yesterdays tinfoil is today's reality!

"No man's life, liberty, or property is safe while the legislature is in session

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RE: 70% Of All Stock Market Trades Are Held for An Aver... - 10/23/2010 9:44:55 PM   
Real0ne


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Joined: 10/25/2004
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quote:

ORIGINAL: DomKen
Are you intentionally misinterpreting the orignal statement?

70% of all trades are held for an average of 11 seconds


they are using blocks and skimming, execute the trades as limit orders.


_____________________________

"We the Borg" of the us imperialists....resistance is futile

Democracy; The 'People' voted on 'which' amendment?

Yesterdays tinfoil is today's reality!

"No man's life, liberty, or property is safe while the legislature is in session

(in reply to DomKen)
Profile   Post #: 17
RE: 70% Of All Stock Market Trades Are Held for An Aver... - 10/23/2010 9:46:21 PM   
Fellow


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 It just says a majority of trades are done by computer programs. Stock market gurus argue that  "high frequency trading" it is not a problem, and it has stabilizing effect on the stock market. There is some illegal activity involved (for example placing orders without intention to buy for short term price manipulation), but it does not make a huge difference. It is not clear if high frequency trading is a problem. After all it involves mostly institutional traders (who steal between each other). It would be easy to reduce if to put  a small tax on every transaction.  Small retail investors should know stock trading is a rigged game and they are the most likely suckers. Long term average return of pension funds is close to 0. They make living for  the fund management and raise stock market index (bogus value).

(in reply to DomKen)
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RE: 70% Of All Stock Market Trades Are Held for An Aver... - 10/24/2010 7:51:52 AM   
pahunkboy


Posts: 33061
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From: Central Pennsylvania
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quote:

ORIGINAL: Real0ne

hunk that is because 70% of the people have shit for a trading platform like ameritrade datek and all other browser based trading systems that are pooled to their advantage.  My platform its rare that is takes even 1/10th second and most of the time its click-bing literally as faster than you can say the words.  click is when I manually make a trade and bing is the confirmation sound.
you all have crap for trading platforms get a professional one.  



Comical these guys who thinks the house never wins.  HA!

ever see the big blue chess game?  man vs computer.  Guess who wins?   The computer wins.

Goldman/JPM skim every trade- this robs money from YOU.  Your pension, the cities money.

folks here made better then gold !   LMAO.

Yeah...   better then silver.   HA!~    Would the house of a casino ever win?

Talk about nievate.

(in reply to Real0ne)
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RE: 70% Of All Stock Market Trades Are Held for An Aver... - 10/24/2010 8:26:26 AM   
DarkSteven


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First off, a huge IF: The quoted article is from prison planet, which I consider less than reliable.  So my response is IF the article is true (and that one of the HFTs was claiming to have never have had a losing day in four years, even on days that the market tanked, makes me think it's suspect).

I don't consider high frequency trading to be beneficial to the market and the US as a whole.  If there is a quirk in a program, it could crash the system more quickly than any human could realize that there's a problem.  It also makes it damn tempting to do insider trading because forty transactions in a day, most worth a fraction of a percent, could be a very effective screen for the one illegal trade that nets a thirty percent gain.

Normally, I'm against regulation.  But I'd support something stating that electronic transactions would have to be held a minimum of half an hour while there would be no restrictions on human transactions that couldn't crash the whole system.


_____________________________

"You women....

The small-breasted ones want larger breasts. The large-breasted ones want smaller ones. The straight-haired ones curl their hair, and the curly-haired ones straighten theirs...

Quit fretting. We men love you."

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