Just go borrow money and have at it. Mortgage your house, whatever. If you don't have any assets to borrow against then I'm going to guess you...
All those "prop trader" tools you mentioned are available to you too and cost less than hiring a single employee at most any business. These are...
It is a vastly different world. Complex algorithms, complex derivative agreements, multi-leg trades, software tools to measure risk and trade...
Quite a bit of the successful prop trading strategies are ones that cannot be executed on a small scale. It is impressively complex today and is...
"Our traders have withdrawn over $3 million in 2021 because when you focus on the process, the results take care of themselves." Does this mean...
Of course not. RenTech makes billions every year with their PhDs. Being smarter, working harder, doing more analysis, etc. usually pays when you...
The measurement was a Linux timestamp on the local machine when the order went out and a timestamp on my local machine when a confirmation # came...
I have tested IB and TD by sending each an exact order at the exact same millisecond on a 1 Gbps fiber connection. This was multi-threaded to...
I did one test with this and found a SMART routed order took something like 120 ms to get an order confirmation but a NASDAQ directed order took...
With maker rebates from the exchange I have often "paid" a negative commission.
I'm using the IB SMART router. Seems to work better than my own algorithm that picks routes. No, I am not using their "free" trades. All my...
This has nothing to do with trading fast, looking at lit liquidity or probing dark pools. The point of the thread is to suggest an optimal...
The bid/ask spread. Trading options just comes at too high of a cost.
That's a neat idea but option spreads are too costly.
I have developed a method to measure the efficiency of my order entries. Basically you take a snapshot of NBBO at the time you enter an order....
Not interested in measuring success based on VWAP. That's way too simple. Most of my trade volume is far lower than 10% of average daily volume....
10% of average daily volume is an outlier case. But it can vary from 0.01% to maybe as much as 10%. So I'm looking for ideas to cover all the bases.
Good point. The time to enter is another input to this function. Orders fall into two categories. The first set need to be fast - all fills...
Looking for advice on best algorithms for order execution. I am writing software to enter my orders obviously. Once I determine to enter or exit...
This is the only way to go and it's not really that expensive. I'm not about to put my algorithms on someone else's platform where they can see...
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