148: John Grady – The Order Book—What Traders Must Know About Supply and Demand
Chat With Traders
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How Long Do You Hold Positions?
How long are you holding positions for generally in time and also how many ticks are you trying to take out? It might probably varies quite a lot, but can you give us some insight to how you do that? Sure. Again, that depends on context. I might spot a trade where I think let's say we're at an area where the market is going to hold in a two tick range for maybe five, six minutes. That would be sort of a short term trade. But on average I would say probably three minutes to 12 minutes.
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