I agree with you. If you are trying to make a limited risk living as a trader, no question your way is the way. I like the markets for the potential to make huge gains, not churn out a living. TO make these gains, the market mistress demands similar risk levels. surf
Absolutely agree. I take fairly minimal risk relative to people with longer horizons. Fortunately the mkts I trade allow me to size in without disrupting things but still allows for nice profits from small movements (.10-.25 for example). Lots of ways to operate in this jungle
i was talking to a guy at a prop shop, told me he trades 50k shares plus at a time for penny profit--- so yeah, no doubt. surf
doubtful that this trader is doing it on a consistent basis. markets are not that liquid. if his orders need to be executed on an ecn because it cannot be successfully done in a dark pool his theoretical profit becomes a loss.
I don't trade for a penny, that's a different trading model. But yes, size on the SPY and ES is not hard to get, although when the vix is under 18, I only trade the SPY.
They claim to have multiple routes to a variety of dark venues and have no issue being executed most of the time. real or not? I really don't know. surf