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Wish you and your family all the best Surf!

Ah in this case maybe that's true. But I hardly understand why would one ever use hard stop-losses in long-term investments without much leverage involved...

Yea, I didn't mean to say you were complaining. Just saw so many whining Internet traders who blame HFT, brokers, whatever on their inability to generate alpha and it's obvious problem is not those reasons, the main factor of profitability is trader him/herself. :)

Just a short-term coincidence. In the past months (this method is traded publicly since about 2nd week of April on live accounts and live calls were made about two months before that as well) there were many long trades as well. Simply, short-term streaks in trading are much random, what matters...

No trades in last two days.

Thanks. Was textbook classic TA short with microscopic heat after the entry and quick 450 points. But Surf called the top nicely as well this time.

TA agrees. :) I called the close of YM short @ 14,585 as well a day before.

Right, but I simply accept reality as it is. Tough or not, I compete in order to survive. Why complain about HFT or whatever if we can't do anything about it? So far it doesn't seem to noticeably turn my profits into losses overall. If it ever does, I will have to adapt, so what?

I mostly trade just the first couple of hours too. Then it gets much less effective to spend time watching the market.

Liquidity has always been historically lower during lunch time and yes, I get slippage then more often. But unless you really scalp for single ticks then, it's not much of an issue.

Yea, was just going to ask, how does it affect stock index futures?

It would be an interesting study to see (maybe it exists) how success rate of newbie traders changed today vs. 80's and 90's. Have a feeling it wasn't so much more winners back then, despite no HFT. :)

Now I am really confused... :confused: How can HFT even get noticed by INVESTOR who by definition steps in for a long-term so that a few ticks back or forth are nothing for the strategy?

I know a few personal stories about SCALPERS being affected. But they basically compete in the same niche, so no wonder. If you ask any successful day trader (shooting for intra-day swings of more than just a few ticks), doubt result will be the same. I don't even know when and where HFT...

There you go! Excel is trader's best friend! And that's exactly where most people start to stumble in their career: hours and hours, endless hours of very boring home work, often leading to nothing... then back to the blackboard and... hours and hours again. :) But that's "how traders really...

It only tells you those traders are unable to trade them. Nothing else. As for "researchers" I don't even treat them seriously, cause they obviously have very superficial understanding of TA trading.

Frankly if algos affected something that's most likely breakouts and "flash crashes" getting STRONGER, not weaker. :)

Maybe it made things worse for some traders. I didn't notice anything bad happening lately. Certainly trading is not harder than it was say 5 years ago. Volatility and liquidity changes, but that's all I noticed.

Thanks!

Somewhere in the range of 4% for conservative capital allocation since beginning of journal in June I think. But we both know trading is a marathon, so short-term profits or losses shouldn't be taken too seriously. Decent sample size consisting of many trades is needed to make conclusions...