Algos ruined day trading

Discussion in 'Trading' started by qlai, Apr 10, 2019.

  1. wrbtrader

    wrbtrader

    Strongly agree.

    wrbtrader
     
    #21     Apr 10, 2019
    murray t turtle likes this.
  2. Overnight

    Overnight

    Oy! Have you been inundated with multiple-choice tests as a lad?

    Strongly agree? Hehe!

    What happens when you disagree? Do you strongly disagree?

     
    #22     Apr 10, 2019
  3. wrbtrader

    wrbtrader

    I took two surveys last week after I called customer service involving two different situations...

    Strongly Disagree
    Somewhat Disagree
    Neither Agree nor Disagree
    Somewhat Agree
    Strongly Agree

    I think I'm traumatized after seeing those survey options in about 15 questions. :banghead:

    wrbtrader
     
    #23     Apr 10, 2019
    tommcginnis likes this.
  4. Overnight

    Overnight

    I hear ya'. It is a terrible thing, these darn tests and surveys which ask for simply that multiple choice stuff. Sure, they ask for written feedback at the end, but nobody reads it. Because people today cannot read. They have to scan it into their phones/online devices, and have the devices TELL them what they should think.
     
    #24     Apr 10, 2019
    tommcginnis likes this.
  5. Cuddles

    Cuddles

    Boohoo, I can't code, ergo robots ruined my hobby
     
    #25     Apr 10, 2019
    tommcginnis likes this.
  6. wrbtrader

    wrbtrader

    In 10 years maybe only HFTs and retail algo traders will exist. Hopefully I'll be retired by then. :D

    wrbtrader
     
    Last edited: Apr 10, 2019
    #26     Apr 10, 2019
  7. maxinger

    maxinger

    Algos don't ruin my day trading.



    because I focus on charts.
    I don't do arbitrage, and I don't look at order flow.


    In fact, no day traders ruin my day trading.
    Only one who ruin my day trading is me and my innerself.


    Blame thyself, not others.



     
    Last edited: Apr 10, 2019
    #27     Apr 10, 2019
  8. comagnum

    comagnum

    Well nearly all of your top day traders that continued trading after the HFTs emerged reduced their trading frequency way down and increased their holding time frame - problem solved.
     
    #28     Apr 10, 2019
    tommcginnis and volpri like this.
  9. heispark

    heispark

    Perhaps, his strategy was a trend following one in which he could easily be the last one to buy after algos already bought and starts selling now. Counter trend strategy still works. See the most popular thread (Pivot trade) in Forex Factory....
     
    #29     Apr 10, 2019
  10. volpri

    volpri

    71DACB5E-4A99-4795-B80F-FA0258BE0D47.jpeg
     
    #30     Apr 11, 2019
    Nobert, LS1Z28 and comagnum like this.