Recent content by the_axe

Trying to understand on a high level what prop traders are doing these days, a little more detail than buy low sell high. There is much more on reddit on this topic.

Id argue a losing gambler helps $LVS stay in biz , this in a small way adding to the National GDP

Why would anyone tell you the strategies which are working at the moment? I don’t expect a detailed white paper, just a simple overview. Perhaps this isn’t a serious place to have an open discussion. As for what worked back then ? More or less high volume scalping, which is what the machines...

Could anyone please comment on current prop trading strategies, especially considering scalping probably doesn't work as well now with faster algos? I've traded on both sides, retail and prop but in different times w/different rules, etc. I am thinking of getting back in the active game but...

Mike, did you ever get any traction with this ?

$BTCS

best i could find is the account minimum is $2k, i'm looking at maybe adding TOS to my ML Market Pro platform. thanks for the replies guys!

Does anyone use TOS just for market data / charts ? And trade on a different platform ?

Lots of variables yes. However bids /offers are still time stamped, first in, first in line. No, sub penny not in play, best I know. Yea lots of ways to route orders but the nbbo still matters.

Look at FET today, which I believe is in the pilot. playing the edges: place bids <$21 (after it opened at 21.15) - you'd get filled, stock lifted, then decided when to get out. If you had long bias, it would have worked well today in FET. Low ball bids, sometimes you get hit, sometimes not...

Cautious this may be good, really good. I am a former MM put out of biz shortly after 9-11. Guys, just use limit orders, play the edges and you'll be surprised.

Not really a sustainable business model, I see what you mean though.

Sniper, you say you have an Econ degree, and have traded for 10 yrs, that is all good stuff, don't down play either one. I have a history degree and all my work past is in mortgage banking and trading. I understand your frustration, there is something out there in your future that will make...