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Thanks for the clarification. How do the banks and big hedgies get away with it then? If a CTA traded 1000 individual accounts simultaneously then surely he could trade any market he wanted. It's just buying power after all? GS has billions the co-op would have mere millions to leverage.

Thanks for posting. Do you mean use the services of a local or electronically trade the full size contract? Why would using an ecn be a bad idea (e.g. why not use, say, CQG's infastructure)? Finally, do you think a direct connection to the exchange's api and a spread strategy (pairing correlated...

Accepted. But: why do we have to get hung up on ES. So many other markets that could be looked into. 50,000,000 buying power might not be much in ES but Z, FDAX, CL etc? You've basically acknowledged the superiority of having size. Not only through sheer trading volumes but the superior...

Hey bighog, I'd love to embrace youth, but youth no longer wants to embrace me! Reminds me of our very own Elen McArthur, who as it happens learnt the ropes only a few miles from me. She's a gutsy one for sure but to return to metaphor, she had an enormous amount of technology to assist her...

Thanks for the clarification. You're assuming the co-op would have to be powerful enough to move the market. Well, I think certain markets could be manipulated, as the banks do now, and when I say 'manipulated' I of course mean nothing underhand in this. It is having the size to create subtle...

Thanks for posting, Bolimomo. You've exmined a detailed scenario regarding order transmission/ cancellation etc. Even the number of contracts. In my opinion, this would all have to be done by algos and it would be done much faster than any of us guys can do it now. The room for error would be...

Thanks for finding this. Interesting read. Highlights the mentality of many traders; their dreams and the pusruit of them even to self destruction. Also, the flaws with trusting human traders and their lack of consistency in performance. I hate to say this really, but I'm sure building...

Interesting. Could you explain/ give examples. Thanks.

Accepted. But if you applied that rationale to anything complex nothing would ever be achieved.

This doesn't make sense. I understand and appreciate what you're getting at but the issue is the ability to 'weather' the storms, just like a yacht. The smaller the boat the more vulnerable it is to the conditions. As a little retailer. our 'splash' is often the slight ripple as the tsunami of...

Question: what is stopping 1000 retail traders 'clubbing' together, forming a co-operative base and having a sizable presence in the market. We all know the order book manipulation and the sheer power advantages of being a large institution, so why not have a CTA or algorithm trade 1000...

I agree. Also, perhaps people want recognition and displays of wealth can bring admiration from others. We all crave status. In fact many unfortunate 'primitive' and genetically biased attributes of our natures are impossible to escape. We often 'subsume' them through another means but they are...

Such a clever wee lad.

I've been using Kinetick with NT7 for a while now. NT7 is working beautifully with Kinetick for futures but I've noticed some pretty big discepencies with blue chip stock quotes compared to IB's (which were correct as I checked them against BATS). Whether it's a NT beta problem or a Kinetck one...

Interesting, thanks. No wonder France came out as the best place to live (retirement age, disposable income quality of life etc) in a recent survey. They are obviously masters at milking the system. I think they are a more conservative and cohesive culture, too (all milking together, so to...

Big Lebowski. Great flick.

Looks like your pants are working just fine. You must got some HOT pants there, boy!:)

Nice work, Killer. What data feed/ charting do you use, hombre?

You just sound suicidal. I'm afraid in this state of mind You cannot be helped by anyone on this site. You have deeper issues that need addressing. You actually want to fail. This is, strangely, not perverse given the nature of life and this business. BUT you may end up losing EVERYTHING...

Couldn't have put it better myself. I would also say you're desperation to succeed will only ensure your demise. You know in life if you want something too badly you probably won't get it. I commend your candour but you really must get back to square one and allow some feedback on your...