Grinding it out, day after day

Discussion in 'Journals' started by lescor, Jan 9, 2010.

  1. If you were to trade the afternoon session, would you be able to find as many opportunities?
     
    #1541     Feb 21, 2012
  2. lescor

    lescor

    Nope. Not unless it was a good market environment with lots of volatility.
     
    #1542     Feb 21, 2012
  3. boba15

    boba15

    Speaking about volatility in this context, what do you mean exactly: presence of large price swings back and forth? Having increased number of people making illogical and ineffective decisions? Something else?
     
    #1543     Feb 21, 2012
  4. ... how many of them spend part/most/all day posting trade calls, markets calls or detailed, in-depth trading tactics inside public message boards, twitter or any other social mediums open to everyone, free of charge, simply because they want to "help other traders"?
     
    #1544     Feb 21, 2012
  5. lescor

    lescor

    Yeah, both of those things. And some more volume would be nice too.
     
    #1545     Feb 21, 2012
  6. "In terms of routing, you likely have a lot more venues to choose from, but are they considerably faster than the limited routes offered by retail? I have the impression that the HFT guys are competing in the routes used by prop firms (BATS, ARCA, EDGA, EDGX, etc.) so extensively that it's difficult to get filled with those routes unless the market goes against the trader. Retail orders, on the other hand, are mixed in with the internalized order flow, a flow which HFT firms don't always have access to. Would a retail order then prevent me from being front run by HFT, or is that just a naive belief? And what's your most favourite route? (No need to answer this one if it's strategy sensitive.)"

    I was under the impression retail was always routed to say, a Knight trading desk. Is this what you mean by internalized flow? Can you choose that your orders be routed to the exchanges under a "normal" retail account?

    Speaking of which, do you know what your latency is in getting your orders to any of the exchanges? I remember reading you trade with Echo.. do they perform a risk check before sending your orders to the exchange?
     
    #1546     Feb 21, 2012
  7. truthful answer: none. zero. ever
     
    #1547     Feb 21, 2012

  8. Sounds very definitive. I respect the bluntness of it and honesty that comes with it.
     
    #1548     Feb 28, 2012
  9. Make sure your vitamin C is not flavored with aspartame, as many of them are now. Aspartame breaks down into formaldehyde and several other carcinogens during the digestion process. Some vitamin C are sweetened with sucralose instead, this is better known as Splenda and should also be avoided.

    Also I've heard not to exceed 2k mg vitamin C a day to avoid kidney stones.

    Just like in trading, there are hidden traps everywhere in health and nutrition!

    http://en.wikipedia.org/wiki/Aspartame#Metabolism_and_phenylketonuria
     
    #1549     Mar 15, 2012
  10. Agassi

    Agassi

    Why are houses in the U.S. and Canada built from wood? In most other countries bricks and cement is used. I really don't get this because wood really burns down fast. On the other hand, very few homes made from brick and cement really burn down.
     
    #1550     Apr 24, 2012