Registered: Feb 2012
06-30-12 11:47 PM
Quote from RangeTrader:
Your not doing HFT. What your doing is referred to as "Algorithmic" or "Black Box" trading.
GL to ya! Some of the best Quant funds pull in over 30%+ per year steadily in stocks.
Be aware that most of the purely math based trading operations eventually blow up during market crashes... As the people that run them have no traders instinct or common sense to avoid trading during major range breakdowns like occurred after the .com bust or during 2008.
I agree, but if he is immediately in the BEST fund category, then he's making 3,000 dollars per YEAR.
can you just work this system on futures, get $500 margin, and trade 10 lots. then we can talk about $3,000 per DAY. of course, odds are this amount will go in the negative column. just ask emg or whomever.