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Rhythmic/TOD trades, 180 seconds. Technical/"Price Action" trades can be for 4 hours. Almost everything I do is now robotic. Occasional weekend holding if I score value on a Friday 5:15PM puke in Crude. Strong bias in Crude to open long positions mornings and shorts afternoons (profound reliable...

IAS, I don't think you miss anything. I trade CME futures for a living, and I have been forced to set extreme stops to reflect the "tax" I pay whenever I put on a trade, up to 10 cents in Crude Oil (a contract with one cent bid-ask spread). Basically, a Crude daytrade looks like +10c/-20c, the...

The situation is actually even worse than the lawsuit in that article suggests. There are lulls where a de facto "single" machine (paired strats, one Buying and the other Selling) is making a major CME market. During these intervals, whatever position you put on is met with an instantaneous...

The new form of spoofing, absolutely illegal and unethical and destructive, is the automated wash trade. An HFT firm like Jump may have two "separate" strategies with conveniently different views on a market each day. One is Buying and one is Selling. They crowd others out of the stack then...

Regarding loading and focus during execution/login, I use a program called TWSStart. It manages the login process fairly well. It does automatically log you in, so if you are paranoid about this then you should either stay away or monitor your connectivity to assure yourself nothing goes out (my...