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Is manual day trading dead?

Discussion in 'Trading' started by 777, Dec 4, 2016.

REDP1800
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777 said:
Is 20 plus years long term?

Auto trading is a dream that billions of dollars have been made from by the same people for decades.

Renaissance Technologies does nothing but auto trade their systems. The founder is worth over 14 billion. The firm has made over 60 billion and been around for over 20 year and their last losing quarter was over 20 years ago.

Their are a number of automated firms in similar boats.
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they are an hft scalp outfit..always have been

#111 Dec 9, 2018

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