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If you are a startup hedge fund who knows what you are doing and being profitable, you should continue doing more of the same...

If I read your post correctly, you say you know how to place wining trades but is a loser due to lack of discipline. If that is the case... First, at your age very few people will have the discipline that is needed of a discretionary trader. Second, you know the problem which means you are...

You should ask them if that unit is profitable without being funded from the agency flow. Anyway, a retail trader don’t even need to think on those lines..let alone tread that path..

Native api or protocols designed for hft like ouch for nasdaq order entry and itch for market data. I hope you realise there is not going to be any benefit for hft unless you place your server in colo. The pure speed play for hft has long been dead...

You get for what you pay... Clean data is one of the most difficult things to maintain and get - when you can generate billions of tick simultaneously. There is a reason for the cost that is charged. Try getting cheap data and the issues you face with cleansing it. Another alternative is...

Obviously code can be designed better so that the lowest layer of connectivity can easily change without touching the business logic. FIX is not a feasible option for hft.

I belive the OP is thinking of a temp solution using C++ and python.

C++ and python is interoperable. If you have done commercial level c++ programming in this domain, most likely you will be famiiar with boost. Use boost.python for this.

Yes - for those who can spot it and use it to their advantage. Like any other field, one need to (re)skill oneself to do this. Just like one need to devote innumerable hours in the medical studies and practice before he can be a good surgeon.

Whatever it is - the last few days there has been some nice moves in fixed income instruments...

You bring forth a very important point my friend...every successful trader have realised this at the inflection point of their trading journey.... Only difference in other fields is - if you don’t have it you still get paid on a regular basis. So yes, absolutely the OP should try to have a...

I believe the OP is young and the good thing he already has a goal. And asking for suggestions how that goal may be achieved. I will not term that as tunnel vision.. Once one learns new things he sees new opportunities in many fields he has not thought about earlier...

Trading is a business. Commission paid is one of the variable cost of buying and selling your inventory. It is a given, when you are small you don’t get wholesale rate. And you need to work your way up to get to that level so that one does not go bust while learning the trade... That is...

Right... These days with the micro futures and soon to be introduced nano instruments by CBOE, it should be even more easier for new traders to get into the game with a small account size.

That is the point - the infamous 95% don’t lose just so they don’t have risk management in place. Their entry itself was incorrect.

Australia is one of the very few developed markets where futures arbitrageurs can still make handsome gains. This is true even for retail traders..

you mean this to be the trading account size to start with? Well one should start with as small an account as feasible. Sometimes having limited resource to play with makes one smarter. If one loses that small capital, he needs to stop and revisit the methodology. Injecting fund from other...

Bulls, bears ...who cares... Every time the market gives us signals, our duty as trader is to take it. No one knows better than the market...

Absolutely Sir...absolutely...

Risk management is an important aspect of the business. But may not be the final answer. Just as one need to maintain the cleanliness and hygiene in a food business. To me, the entry is most important. If one’s entry is wrong - he will lose money. And if that is done frequently, an excellent...