And so to bed. It turns out the conclusion has presented itself, in the need for the inefficient, untrained, profit driven, to keep their heads above water using direct income approaches for marginal gains, they require those with knowledge who can generate passive indirect returns to act as the stop, otherwise a rush for the exits ensues. Those few, of which I know some and am included, have now decided to step out of the way and go peer to peer with the details thereby removing the stop. What happens next, find a bubble, and in most cases over the coming weeks and months it will make a new high, but as there is no circuit breaker in place it then becomes a race to the bottom, not of the slow variety. So how do you profit from that knowledge, via leveraged shorts you take capital profits in tranches, never underestimate the stupidity of what people will do in a crisis, by knowing which brokers to use with what capital in layers, what instruments to trade with them, when to not use them, when to stay out of the way of the markets and their whipsaws. Then, the even smarter ones will have access to short timeframe HFT style trading, which allows them to be in and out of the markets in minutes, no capital at risk as only $1,000s are deposited with the brokers, not $10,000s to $100,000s for the marginal gains or $millions for capital gains, and via compounding generate eye watering returns as the markets cannot react that fast to movements, you generate income on the way down and in the whipsaws on the way back up. In essence, the passive capital has to be used to generate the active income along "too big to fail" lines, en-masse or individually, even though using passive capital is hideously inefficient for generating such income. That, new traders, is the difference between self-certification and accredited.
I found a website for accredited traders. So accredited traders do exist. https://accreditedtraders.blogspot.nl/ TDMA, what are you accredited for? Accredited Traders Accredited Traders let you post jobs, find reliable tradesman, recommending the tradespeople services you are happy with. Tradespeople have opportunity to grow their business here at Accredited Traders. Faulty lights and leaking taps are a frequent problem in households. If you are a busy professional you’ll understand how difficult it is to manage both household chores with work. However, there are several tradesmen that now provide these services to you at your door step. All you have to do is hire them at various online portals. There are many online approved tradesmen who are waiting to get hired for their services. A reliable and finest quality tradesman can become a peculiar task for many people. There are approved tradesmen available online that provide plumbing, electric and other maintenance services that also includes personal care and computer repair services.
Well the moderators don't like me using the term CI, shame because it's very appropriate for the above posts from self-certified veterans. Now, let's see, the hedge fund architecture I use is rated to $7mn to $10mn returns per trader per year, the realtime version is rated to $1.5 to $2mn, and with 10,000 hours experience, which I have, can be squeezed up to $3mn to $5mn. And what is $4,000 * 220 * 8 on a yearly basis, but you know, that kind of complex math is a bit much for people who spend their time researching, and more interestingly posting publicly about, leaking taps on a trading website. Poor lemmings.
That's called a very well paid job... making that constantly every hour of the day. But in trading, it's called the "extrapolating-one-profitable-trade-to-a-yearly-income"-theory. You still only made 15k in that month... so that's 180k a year. I sometimes make 2k in a minute... that's $120k /hr... blows your 4k out of the water...... I guess I'm in the top 0.00001% earners with 1bln a year.
Excellent, now we're getting to the business end of the 'discussion'. That's why I have access to HFT trading now thanks to extracting the information I required, one trade per hour consistently 5days per week, plus small little snippets such as I only showed the crypto, how about putting up your trade logs and capital balances. Not including the fact that the financial markets will not let you make $120k/hr. Why, because you would break the embedded rules, I would presume you have not heard of revenue per employee figures. These measure the efficiency of a company without all the EBITA finesse, Goldman RPE is ~$950k, BlackRock ~$1.9mn, average financials is ~$650k. RenTec has $84bn under management, at 35% return per year, and with 290 employees that is ~$100mn RPE. At your "$120k/hr" that is $200mn RPE, 200% of RenTec whereas what I use is 10% of RenTec, raising a simple question, which is more realistic, 200% of RenTec or 10% of RenTec. I understand that you only understand extrapolation techniques from the bottom upwards, which without fail always come up with 'incompatible' figures, however a simpler view is that perhaps, I use an architecture which I have de-rated by only deploying a small fraction of its capacity based on my time, they look the same to the 'untrained' eye. But you know, I have the education and training to be able to calculate these subjects to fit within my lifestyle, having taken the path of least resistance by working as little as possible, to date.
But's that's not enough, time to use some of that 'capacity' to its full potential. For compounding I use 100ms charts to generate $10mn RPE (although I only deploy single digit percentages of my time), RenTec and their HFT competitors go down to 10ms to generate $100mn RPE. Legendary Hedge Fund Wants to Use Atomic Clocks to Beat High-Speed Traders At $200mn RPE based on $120k/hr as quoted by @JackRab you need 5ms trading architectures, yet I am the one talking about placing Supermicros at Equinix next to exchanges for low latecy, and algos that recalculate every 50ms, because for the latter just one piece of the software required costs $100,000s in license fees, that's for 100ms compounding to $10mn. You want to make $500,000 per year trading, or $284/hr, that's trading 2sc charts these days for income with low capital, there's a good reason the floor traders gave up and the algos have taken over. You can also take the capital approach instead of income, with a few $million in the bank as capital on the average 1%-2% per month return via trading mid to long timeframe charts, or even high $100,000s if you are one of the exceptional few with 10,000s of hours experience and can finesse your methodology to 3%-5% per month returns. In the middle 99.99% between income HFT and high capital strategies you have the traders working beyond idiotic hours, for below par returns, trying to trade capital timeframes for income returns, not having the capital to perform capital trades, and not having the millisecond fintech to generate the income returns. What does that result in, they fight everyone, directly or indirectly, leaving those doing the same as themselves to last, otherwise they would go underwater almost instantly, however it always results in the "last one standing", but there is another way and using only your own skills. It won't generate 1:10 or 1:100 but it will generate 1:1 without the training costs, without the capital losses, and without the time losses. This information is what makes the difference between those who take the job of making money in the markets seriously, myself included, compared to those who post sites for fixing household leaks and come up with figures that require 5ms trading architectures.
You showed how snake oil vendors like TDMA have an explanation for everything. His primitive logic tells a lot about him. Somebody who really makes big money is not interested in posting extensively like TDMA on ET (or Quora), even including picture of where he is. It is the classical image building of a vendor. And his 15K a month are far from impressive to me. 15K would be a very bad month to me.
No shit Sherlock... sarcasm seems completely waisted on you, signs of ignorance. And btw, what is then your point in ever so often repeating the fact that you made 15k in one month, only 'working' 4 hrs? And ... I did have a look at that your crypto trade... you say you made almost 200%? "Deposit balance 0.3527BTC 15th December, Withdrawal balance 1.0369BTC 15th February for 0.6842BTC or 193% profit over two months, making 96% return per month." In BTC you did... unfortunately not in real $... since at 15th Dec BTC was around $15.000 and when you withdrew on the 15th of Feb it was around $9.000... so in real money... you made a lot less. And your bluster about making 20x more than anyone on this forum is basically just that... bluster... loud noises coming from someone backpacking around Europe for all I care. And I'm not saying that making about 80% isn't really good... but it is Bitcoin. And this all just shows that you're all fiction and not fact. Lots of blahblah.... there are a few of those here, making lengthy statements throwing around technical terms to flabbergast others. So far, to me it seems you're just very bored... and ET with lots of inexperienced people would seem like a great site to offload and trigger some people to give you some quick relief.