Looking partnership for CME DMA trading.

Discussion in 'Professional Trading' started by elabunsky, Jul 31, 2014.

  1. You did not read my message. As I said I tried start myself via Rithmic.
    They latency from trade till report from exchange from 400 microseconds till 5 milliseconds. In peak time it's 5 milliseconds when I need entry.
     
    #11     Aug 1, 2014
  2. gmst

    gmst

    I have no comments on the OP or his systems. But I just thought I will write on this particular system that you have pointed to.

    I don't think its fair to point out this system of his and saying he has zero risk management skills.

    Please look he started this system with 250$ and maximum equity was 8650$ in 2yrs 4mnths. Obviously he was taking huge risks but its important to see that he managed to be up for almost 2.5yrs with a smooth curve being so highly leveraged. I think this deserves a little appreciation.

    Ofcourse, with so much leverage, the account is bound to blow up one day.
     
    #12     Aug 1, 2014
  3. #13     Aug 2, 2014
  4. Isn't that why you have substantive conversations away from a public board ... to find out more?

     
    #14     Aug 2, 2014
  5. I can't understand you, sorry.
    DM me if you are able offer me something, please.
     
    #15     Aug 5, 2014
  6. My comment was directed at jeb9999 in response to his post.

     
    #16     Aug 5, 2014
  7. jeb9999

    jeb9999

    I didn't ask anything substantive, just asking basic information.

    The fact that the Globex fee volume rebate increases profits over 67% shows how marginal this is.

    I wonder if Eugene has read the paper "Risk and Return in High Frequency Trading" by Matthew Baron, Jonathan Brogaard, and Andrei Kirilenko.

    In particular "While the median HFT firm realizes an annualized Sharpe ratio of 4.3 and a four-factor
    annualized alpha of 22.02%, revenues persistently and disproportionally accumulate to top
    performing HFTs, consistent with winner-takes-all industry structure. New entrants are less
    profitable and more likely to exit."

    I wouldn't want to try to compete in the emini HFT world without an experienced technology team and minimum $5 million in capital.
     
    #17     Aug 5, 2014
    AlphaRocks likes this.
  8. I trust myself first.
    And I know that it's possible with capital $250 000 and CME IOM leasing membership trade DMA.
    No need hire team - I'm able do quant, development & simple admin work.
     
    #18     Aug 6, 2014