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not good thing for day traders, especially robot day traders. more volume will go to citadel. what ever citadel has more power, it is not good for us.

the only strategy is cutting lose quick.

one of my friends uses this strategy on 1- min chart pattern. He hold a few seconds to 30 minutes. He consistently makes 300-500k per year, fixed initial capital pey year.

agreed

Many thanks

you can play with simulated account first to see if you can be profitable

i wonder why the op let his traders trade up to 20 contracts if they do not prove profitable, unless the op is very rich, in that case, he should have other best vehicle to invest his money.

then why does someone join in his prop firm? he can find broker with 10-20X leverage on the market and bring him 100% profit.

can you explain in a little more detail? what do you mean cross hedge for future traders?

pro day traders go to more high frequency these days. a few traders I know very well was trading on 10 minute data set, now they go to 1-min chart. another one even goes to 15 second chart to scalp a few ticks a time.

the toxic environment at facebook makes coworkers feel like enemy to each other. each year, 10% under-performer has to leave. I will never work in that kind of environment, which is stressful and not good to one's health.

support resistance

market index moves higher because that is inflation. similar to bank interest. how about intraday market, do you think it is random?

market is random to some extent, but not 100% random. even if the market is random, I believe it is still tradeable to profit.

if the order is limit for liquid stocks, I doubt the order information sold to funds would affect the trader at all.

i doubt you could. free commission is designed for non api.

no api, no tws, no use for me.

thank you so much. it is informative

nice post, thank you. when you said "There are legally compliant, far easier ways to do it, that cost next to nothing to start. Sometimes, as little as $500.00 in startup costs, and sometimes, as much as $3,000, and you're good to go.", what is the legal name of structure for such activity...

i do not believe quantum computing will be reality for long time in the future. it could be useful for very limited task where middle status of computing is not needed, and pure random generator as an example.