Stocks & Commodities V. 23:7 (46): Q&A by Don Bright
SINCE YOU ASKED
Confused about some aspect of trading? Professional trader Don Bright of Bright Trading (www.stocktrading.com), an equity trading corporation, answers a few of your questions. To submit a question, post your question to our website at http://Message-Boards.Traders.com. Answers will be posted there, and selected questions will appear in a future issue of S&C.
Q: I just started daytrading NYSE stocks. I would like to know more about program trading and how it can have an effect on my trading the Dow 30 or Standard & Poor’s 500. Is there any way I can know or track which stocks are being hit by program trading at a given moment? If you know any websites or books where
I can learn more about taking advantage of program trading, please let me know.—Jim
A: I go to www.programtrading.com every day to see their fair value calculations and buy and sell programs. I have mentioned them before in STOCKS & COMMODITIES, and still think they are a good resource.