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As a public service announcement - are you sick and tired of the algos and the spoofing and the gamesmanship ? Look at lengthening your trade holding time frame. Problem solved. The bots mean nothing to a swing trader - even a daily swing trader. It might even make you a better trader and...

As a public service announcement - are you sick and tired of the algos and the spoofing and the gamesmanship ? Look at lengthening your trade holding time frame. Problem solved. The bots mean nothing to a swing trader - even a daily swing trader. It might even make you a better trader and...

Don't shit on me - I am simply explaining current reality as it exists at this very moment in time right or wrong, good or bad. If you read the criminal complaint clearly, and you know something about how regulated electronic trading exchanges process ECN messages and orders - it's quite...

1. Yes, if an algo is not crossing orders, quote stuffing or spoofing then the fills are completely legit, and 2. Newsflash - it’s been an ECN speed game for going on two decades now. You’re not going to beat them with a mouse and X-Trader.

Algorithmic trading strategies generally speaking are entering orders meant to be filled. The fact that you are too slow manually to compete with those orders is beside the point from a regulatory standpoint. Spoofers are entering orders meant to subvert the integrity of the market and are...

Because the spoofer is gaming the order book and not actually getting fills. And exchanges get paid on order fills. Spoofers are using exchange ECN resources without paying for them in terms of order to fill ratio. These guys are using literally tens (maybe hundreds perhaps?) of thousands...

Somehow these "dimwits" you loathe referred this case to the US D.A., the British legal system and compelled this guy to rat out his compatriots and disgorge everything he had over it all... Every electronic order has a footprint.

Ummm, because it's been against the law for quite some time now. https://www.sec.gov/fast-answers/answerstmanipulhtm.html "Manipulation is intentional conduct designed to deceive investors by controlling or artificially affecting the market for a security. Manipulation can involve a number of...

No contractually there's an agreed upon formula. Same with DRW. Trader and firm agrees to hold some equity in reserve to account for DD typically - that's my experience, YMMV. One DRW energy swaps options book trader I spoke to had to take a partnership interest in lieu of a portion of his...

Well, a registered CME/ICE prop firm (futures and swaps) is going to give you a legitimate 50% of your net trading profits. My own contract specified $12M daily margin with $2M MaxDD. I had a contract that called for me to be paid a ratio'ed draw on unrealized profits. You need to understand...

Yeah that explains everything.

You were a lucky man, then. Every firm I was ever with only paid out my FULL SPLIT SHARE on realized (closed) positions.

I think that AI and HFT gets too much credit (or blame) from traders having a tough go of it. Likely because they don't understand it - and also because HFT and AI funds have themselves shown selective weakness and failures the past few years. Maybe a more insightful premise would cite the...

To some extent, there is nothing new under the sun. A technical indicator is performing a price data statistical sampling function - all wrapped up in a very specific, particular functionality. You can perform those same functions and many, many more using more robust statistical analysis...

Having MUCH experience with Chicago and to some extent NYC proprietary futures trading firms, I can say in terms of my own personal observations that I have never seen a trader get paid out anything close to his or her full share on MtoM, but I sure as hell have seen traders get instantly fired...

Well the point is - you need SOME market data reference in order to take on calculated risk in the markets. Everything is lagging. My consciousness is lagging. IBM’s Watson can’t predict the future - but it sure as shit can beat any human alive in a number of games.

Pete Steidelmeyer’s Market Profile is an excellent market behavioral system that incorporates the TIME element.

I know, right ?!?!!:p. WTF kind of firm Principal or Risk Manager allows that kind of position... And in terms of risk management - a simple free Excel options pricing macro off the internet would have exposed the whole charade.

It's no surprise because the thread is a fluffy non-starter to begin with. There is absolutely no incentive (and in fact a multitude of genuine disincentives) for anyone to affirm in the positive. Of course the thread is going to invite nothing but light-hearted irrelevant banter.

I only clicked on this thread because I was hoping someone had figured out how to successfully monetize sexually explicit videos on the internet.