hi there! I am wondering about the future of the regular prop trader´s strategies. employed as at Bright, SwiftTrade or any of the bigger ones. The price improvement on the NYSE is going to dissapear, same with opening only orders by the specialist, the trading for rebates is getting more difficult by new regulations (if not dead already). Algos are fighting for every scrap of edge in the intraday moves. I am currently thinking that the easy money is gone for the human scalping trader and will be left for good to the algos. longer term trading should be the thing left for them, not?
I think I totally know what will work next for prop shops.....equities and futures prop. I have been thinking about this same idea for the potential future changes ahead for about 1 year now. I am testing several concepts right now, and I will be considering going prop after the first of the year to start evaluating the methodology I have developed. I do think there will be some changes ahead that will force many to adjust or fully change their current strategies. I want to have my strategy in full profitable operation mode by then.....change creates opportunities.