Can someone explain to me how the guys in the automated trading championship make 10X their money in three months.
when everyone swings for the fences a few are bound to make 10x. simple variance. just like how every night some people will make 10x their money at the roulette table though i'm sure some might have legit systems
Their ATS's may have a high correlaton to the market's continung offer; run the numbers on that. Next, run the numbers on how and when they fall short of the market's offer. The contests are kinda oversimplifyied usually, so don't expect too great a performance. Contest are not open to everyone. This means that high performance is not going to happen.