hey HFT scum, yeah, you. Watch this

Discussion in 'Trading' started by stock777, May 26, 2010.

  1. That's correct , it's a big fat secret.

    First of all , it's hard.

    Second of all , its hard.

    Very , Very few do it yourself guys are in the game, unless they worked for a big house and then stole the code .

    The chance of you making a million dollars, or one dollar in hft at this point is probably near zero.

    Of course our very own tj, makes many millions , and will be willing to tell you exactly how he does it. Just ask.
     
    #691     Oct 8, 2010
  2. now that 60 minutes has called hft a scourge, what will tj say next.
     
    #692     Oct 10, 2010
  3. It was pretty benign segment. Almost fell asleep.
     
    #693     Oct 11, 2010
  4. tommo

    tommo

    only way HFT will end is if the robots kill each other off. They generate far to much in comissions for the exchange for anyone in a position of power to do anything about it
     
    #694     Oct 11, 2010
  5. That was a joke and didn't even scratch the surface of HFT. Also, the reason why no one will talk about HFT is because in reality its not that hard to impliment, just a very high barrier to entry due to cost.

    As for NASDAQ identifier #'s... There have been Iceberg detection programs in the futures space for quite some time working quite well on far less info.
     
    #696     Oct 11, 2010
  6. You can detect icebergs with the naked eye, tell us something we dont know.

    As for simple, sure its simple. Frontrunning is as simple as it gets. Cheating is always simple.

    Any other pearls of wisdom ?
     
    #697     Oct 11, 2010
  7. #698     Oct 17, 2010
  8. #699     Oct 18, 2010
  9. #700     Oct 18, 2010