none of those factors that you mentioned (decimalisation, narrow spreads, dark pools) take away from my edge...in fact, narrow spreads is advantageous, in terms of reducing slippage, to my style of trading as long as the instrument has adequate price movement....narrow spreads and price movement are two different things
Ok. Tight spreads make trading easier ? If you say so. Quants are less effective because they are competing with each other, not any other reason. Too many fish in a small pond. surf
My pleasure to be corrected if wrong. Could you please link me to practical trading courses taught in any US universities?
I cant speak for individual equities, but I see no real difference in how the SPY trades with respect to HFT. Maybe it's more visible on the level 2, however the MTF's i use don't appear to be any different. Only thing that I notice that changes is volatility and range size.
Did you even read my post...I qualified my statement with...."as long as the instrument has adequate price movement" The EURUSD has less than a pip spread from some brokers (source: www.fxintel.com)....certainly you're aren't suggesting that the Euro doesn't move
Thanks for the smile of the morning...Ivory is a soap. The term "Ivy league" comes from the English Ivy that grows up the old "establishment" brick buildings from American Universities back east like Princeton, Harvard and Yale.
One of my trading buddies switched to Dukascopy FX broker and Euro spread there is like 0.4 pips on average. Also I can't say NQ doesn't move despite larger liquidity than before.
This is part the problem with this type of communication. I'm talking about the stock market. Not retail FX Peace. surf