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Exactly...for many reasons: 1) spoofers are going to jail soon. The exchanges are creating algos to detect pulled bids and offers. 2) no one codes in C++ any longer....the code becomes unmaintainable. Heck, Tradestation almost went out of business because they had a million lines of c++ code...

This is great advice.....forget stocks with anything under $10k. OK, So....here's your plan: 1) create a decent track record 2) get sponsored by a broker-dealer 3) take series 7 and series 56 exams 4) join a top notch prop firm with 10:1 leverage 5) Start making an average of $1k-$2k per day 6)...

First, you ought to think about getting your series 7 license first. While you are doing that, do some trading...build a track record....even if you have a small account. If you have that and some trading experience, you might get sponsored by a prop firm Good luck !

Seems like the way to go is with a portfolio consisting of a combination of trend and counter-trend trading systems.

This job market just can't improve much...the fundamentals of foreign labor and foreign outsourcing in the USA are just overwhelming. Until there is: 1) immigration reform 2) tax reform 3) tort reform 4) gov't spending reform just....."fuggetaboutit"....no chance for a strong labor market in...

re: "My way of trading them is like Dogs of the dow," I'm not sure if this is the way to go. Remember systems like the ones Long Term Capital Management employed...the drawdown actually wiped them out. Any system could start generating losses consistently and never come back due to changes in...

re: "Limit losses and ride profits, irrespective of all other rules." Easier said than done.

Well done Steve Gee !

https://www.msci.com/emerging-markets Look at this index.....not good, not good at all. This is mainly comprised of overseas companies.

This could be done using the Interactive Broker's API. There are tons of programmers out there with experience in this API.

Best to write a piece of code that monitors the DOM and logs all large orders. In that manner, you can completely quantify the spoofing activity.

A better approach would for twitter to implement an algorithm to detect tweets related to stocks, futures, options, etcs. and to remove them or place them into a temporary holding state until someone reviews them.

That's a great explanation. However, remember there are many, many details on how this is done especially where the orders are placed relative to the current "print" or market price. Great spoofers implement a "layering" algo that places the orders at different levels in the DOM. This is really...

Spoofing is spoofing....manual or algo. You now can get jailed for either technique.

I said ALGO spoofing. Manual spoofing is nuts. With ALGO spoofing, it's already "tuned" via logic and algorithms to avoid the hits.

Omigosh are you so wrong. 1) spoofing via algo is very low risk 2) HFT is not illegal...and it's not the same as spoofing BTW: The CME Group requires all members to sign an agreement that they will not spoof in their markets.

http://www.marketwatch.com/story/false-tweets-now-on-secs-fraud-radar-2015-11-06?dist=lcountdown

Word has it in the next "crisis" (like when they raise rates and the Dow plunges 5000 pts), the Fed is going from ZIRP to NIRP (Negative interest rate policy). So ZIRP will go away and then we'll have NIRP. Slick, eh ? What a creative bunch at the Fed.

I'm sure the CME Group would have it for their contracts, but you'll likely pay much more than the above....which is a bargain.

There are several techinques for handling the roll-over of S&P emini contract data to build a "continuous" contract. https://www.quandl.com/collections/futures/cme-e-mini-s-and-p-500-index-futures In addition, you can always program your strategy to close all positions when the rollover...