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Nope, doesn't exist, unless you go to extreme lengths (by "average trader" standards) you have no hope of being ahead of the rest of the crowd. About the best you can do is get a real data feed ($$) and watch for the news on the tape.

There is nothing about MAs that requires fixed-time buckets. I can see the rational behind fixed-price and fixed-volume and fixed-tick-count bars, all of which will produce variable-time bars, but fixed-time bars have never really made sense to me.

Why? Markets don't trade on constant-time, why the urge to bucket into constant-time buckets?

The root of the problem is that there should be no meaningful barrier to workers going back and forth across the border given the trade realities of NAFTA. Get rid of the movement-of-labor impediment, which anybody supporting "free trade" should be in favor of, and most of these issues go...

Put another way, he was a was a war profiteer. Or as others have put less kindly... "...20th century war profiteer who perfected modern debt-slaver warfare-state plutocracy."

Clearly, the answer is Jack Hershey.

I'm open to being shown wrong. Find me a Dell with 32GB RAM, current-gen quad core, and a 512GB SSD for $700. Any form factor. I look forward to your link.

If you are going through a broker, yes, of course, as there is a "robot" living in your broker's SOR (or the SOR of whoever bought the broker's flow). But I doubt that is what the author meant by "HFT" - by the author's likely meaning of the word, very unlikely, those guys aren't sitting around...

You can buy a Dell for half the price, yes. What you can't do is buy an equivalent spec'ed one for half the price. Apple doesn't do low end. And for good reason - there's no money in it.

Down to 3x tangible assets. And highly profitable, even at flat revenues. Seems like a suitable time to get upside exposure.

You want names? :) In all seriousness, most aren't "truly incompetent", they're just not particularly good. Which goes some way to understanding why software and systems in financial services are, for the most part, utter crap. I also accept your statement about many business...

Might be worth keeping in mind that without tackling the threading/synchronization issues it will be challenging to grow beyond "a few" symbols. Of course there's no requirement that you have to grow beyond that, just something to keep in mind. But at that point you'll most likely be dropping...

All the years of back and forth chit-chat on ET about HFT, and people still haven't figured out that at the timeframes being discussed in this thread "algo" and "OMS" are inseparable....

To create opportunities for politicking.

The market doesn't exist to satisfy the needs of "short-term traders". This is normal market activity, if a trader can't make it through long patches like this, they will deservedly get drummed out of the business.

Alpha comes from inside knowledge. Either the traditional kind of insider trading, or from intimate understanding of how it's all put together. When retailers think they've found an edge, it's almost invariably because they accidentally (and usually temporarily) stumbled across a plumbing...

There's nothing wrong with the US markets. They have never been more transparent and accessible than they are today.

That isn't because of FIX or any other protocol issue. It's because the orders are in all likelihood going through a broker/bank SOR. Ahead of the SOR, it's your trade. After the SOR, it's their trade. There is a great deal of plumbing between a dude staring at a screen and actual execution...

Done properly, there is no meaningful difference in performance between the two protocols, especially post 15c3, as OUCH is not a particularly well designed protocol, either.

Over the last three years I've had the pleasure of interacting with a LOT of "Wall Street' software jocks. Compared to their counterparts in other industries, they are, by and large, not particularly good, and significantly overpaid. This is especially true for those working at bulge bracket and...