Large Traders

NexusFi · 2013-02-25T13:59:03-05:00

Does anyone know whether large traders/funds tend to use limit or market orders to do their business? Thanks, JohnBly Hi John, A good question for the upcoming order flow 'Ask Me Anything' session. For now, just ask yourself if you were a large trader, what orders would you place? Scenario 1 might be a large trader working for a fund that just needs to buy and sell to suit its cashflow needs. If they have the time to wait on filling, dependent on size, they can place limit orders (perhaps …

Discussion in Traders Hideout

Updated February 25, 2013

Large Traders

February 25th, 2013, 01:59 PM

#11 (permalink)

JohnBly

San Anselmo, Calif.

Elite Member

Experience: Intermediate

Platform: MC,Photon,CGQ,TS

Broker: IB, FuturePath,TS,CGQ

Trading: All futs, ES

Posts: 22 since Feb 2011

Thanks Given: 2

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RichardHK

So many tricks, and just some ideas to show that large traders would be using both types of orders, and just not so simple.

Hope that helps. Just my measly two cents on topic.

Richard
Hong Kong

Thanks Richard,

Good points. U R right, not so simple.
Like the answers to most questions, the answer seems to be "Depends."

The reason I started the the thread in relation to Delta-based trading philosophy.
Some the biggest proponents of the method believe that large traders use mostly market orders to get filled, hence those footprints are worth following.
But that never made cents (sorry) to me.

As I see it, "urgent" traders (market orders) do not seem like they will be most successful in the long run.

Any opinions welcomed.