Usually no. Usually as a passive entry trade, trading against the stops is positive EV. At least in a relative value sense. Also, if you are trying to be competitive to get the hedge there’s not enough time to read the message that will tell you how you filled. You will be too late in a competitive market. Talking futures.
Broken thesis is complicated and requires some discretion. Many trades have either physical or non electronic components that are hard to unwind. Speaking of trades with higher risk where it’s an issue. Not so much an issue for the HFT parts.
What EXACTLY are you looking for from us? Programming help for you trade on automation? Partnering to trade with you? Trade advice to help you trade? Money to allow you to trade? Would help if you can be more specific.
1) Python - nothing crazy 2) Excel 3) Eager to get things done What someone would get out of it is being exposed to how I think about markets and how I look for inefficiencies. You’d also get exposed to what the work pace is like at a trading firm. For me, maybe I’d get a prototype out a month earlier than otherwise and knowing that someone is waiting for feedback helps keep me focused.
Ok so you are a trading firm that is looking for programmers to program your trading strategy to do algorithm trading? Is this correct?
Someone needs to jump at this opportunity. It's basically an unpaid remote internship doing mild programming and collaborative system design, in exchange for proprietary knowledge. Basically a cheap call option on another firm's R&D. There is an entire country full of engineering students who are literally buying land next to air force bases, farms, factories, anything they can learn from, pointing cameras at the interesting stuff across the fence. One of them did it to me, but soon realized I'm just a boring redneck.