Pfft, those algos are a joke. The way I make money is by putting a piece of code into the broker to figure out what you specifically are doing. When you buy, I just buy in front of you. Then when you get the bad fill and want to cut losses, I turn around and offer liquidity to take your sell. I then wait for your anti-automated trading posts on ET, have a hearty chuckle, and then repeat. Every now and then, I let you win. Then I bleed you out over the next 4-5 trades. Rinse, repeat.
i told u lolatency was a player. he calls GS algos a joke. ET has the best in the world. Best what im not saying
I just got hold of lo's best algo, written in Atari Basic and run on an Atari 400 with 16k of ram. 100 IF UPTICK BUY 200 IF DOWNTICK SELL 300 GOTO 100 lol
Whats really funny is I detected these boxes doing shit YEARS ago when most of the clowns here didn't even notice it. Now everyone and his brother is talking about dark pools, algos, and the rest of the crap. I've noticed something else, but only my $50k a year pay site gets that.