Are you allergic to Limit Orders? Do you set money on fire for fun? Firstly, I don't believe the first part... Where Forex Market Orders...
Being alleged "best of class"... And making money for your shareholders... Need not have any correlation. TP has diabolically structured the...
As someone who's run a trading business for 15 years... IMO people who claim to be "done by noon", etc... Are completely full of shit... it's...
Good post. But your cost analysis is irrelevant... Because a software engineer that can work with real-time data... Is worth at least...
No one cares about your "intellectual property"... There are MUCH simpler ways of taking your money.
And this does what, exactly, for you? "Services" like CNBC, Briefing, etc... Just flood you with "noise"... you get no "signal"... By the...
You have to be a 24/7 expert to beat hoops... You must have played or coached the game at a high level... You must have quality inside...
Unless you are capturing the spread... You are paying about half of it = you are fucking toast... I doubt anyone could absorb even a $0.01...
This is the whole ballgame... People are dredging pop psychology... Because they have no edge or cannot execute basic hedging.
If you trade low volume stocks this is common with free IB... In fact, tick data for these types of stocks is of no value, in general. It's...
Guys like Peterfly don't retire... They die with their boots on. But IBKR has been a complete dog... Trading at 11 times earnings.
90% of this thread is retarded. Pro traders run actual businesses... They have Accounting Firms and Financial Statements and do complex Tax...
You completely missed the point of my post... Which is a simple mathematical, security point... Focusing instead on excreting a sociopathic...
There are no laws, regulations, or "ethics"... That apply to retail orders in 2012... Retail is nothing more than cannon fodder for Wall Street....
No, I'm highly specialized... which you MUST be to succeed in this business. Theoretically, since EXECUTION is 90% of the ball game... If you...
Well, if 70% of trading today is Algorithmic... All that, by definition, is done by very advanced, well capitalized people... Everyone working...
Needless to say, I use only Limit Orders. Price improvement on Limit Orders is quite common in the first 10 minutes... (Even $0.05 or $0.10 on...
Because openings are chaotic... Which, by definition, means they spike too high or too low... Then revert to mean in a matter of seconds or...
"Simple trend following" doesn't work... But it sells boatloads of sexy, glossy color books to idiots. If you cannot explain... Precisely why...
It's all about baskets, not pairs. If you don't have at least 50 pairs in big long/short baskets... And are not scalping it all like there's...
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