Don't believe everything you read on the web. Pump and dumpers spread all sort of B.S. all over the web. Do you really think the CEO of a tech company sends non encrypted emails for matters like that?
You bandwidth as tested by measuring your up/down speeds matters only to the amount of data you can send or receive over a time interval. Your up speed of 1Mb will get your orders to your broker just as fast as if your up speed was 5Mb or even 100Mb because the amount of data is very small...
The IEX delay is negligible to order fills at 350m/us - just a tad slower then the speed of light (299.792m/µs) but hoses up the bad HFT's from being able to use a latency edge to front run orders. The NYSE has also adopted this. A lot of the big well established futures traders like the...
anyone have an idea of what's driving this?
Volume has been trending down since 2003 - maybe all the buyers are already in?
More people are trading options than equities. Options are in a dramatic up trend.
The bar for trading futures is extremely low these days - it used to take a lot of $...
You're site says exchange but your concept looks a lot more like some sort of ATS internalizer from what little info there is.
The IEX is the 13th exchange in the U.S.. It took an enormous amount of regulatory red tape and VC from nearly a dozen large companies. That is a legit lit exchange...
The charts did a good job - just following a moving avg, like the 100 day, did the job just fine for me. The 2007 2T failure was the warning. The confirmation was the 2008 rally that failed to get above the moving avg.
It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong. George Soros
Find decent stocks that offer higher than 10% dividends, take for instance SUN, Sunoco
That is one nice looking chart - looks like it's on the verge of trying to break out of a massive H & S bottom - thanks for turning me on to SUN.
Most novice traders including myself in my early yeas: do not have a written detailed trading plan, take on way to much size, over trade, lack having a $ mgmt strategy. A good trading plan has a rules based approach to control behavior - like cutting losses every time. Removing large losses...
I am speaking of the last to the party, get rich quick crowd that showed up recently when the news lured them in. These are the type of people that don't read the fine print - if they did they would realize the counter party risk is enormous. History shows this greed driven crowd may have some...
Unreal, you ask a friend for $10K and they just give it to you for trading. I would smack someone back into reality and tell them to get a job - they would be dead to me for being such a user. Those numbers I don't believe - nobody gets a 10 bager from active trading without some real big draw...
In the HFT era where 99% of all the quotes are HFTs that have no intent to buy or sell at the quotes you see. Probably just a HFT head game to make you lift the bid and hit at the offer.
And the people saying you need to bake in slippage in your sim numbers have no clue. ES is pretty much zero slippage.
True - The ES is not prone to slippage for retail size most of the time, however:
Many backtesting programs don't have a field to enter the bid-ask spread that we all have to...
Trading unregulated markets with horrible counter party risk is plain old foolish. Bitcon at this stage is for the low budget gamblers, most will go bust.
The problem is fund managers get paid no matter what. Virtually no mutual fund managers ever have their own $ in their own funds. Some hedge funds have skin in the game - they usually do better...
Trading the not so liquid futures contracts in ETH can be dangerous. Seen at least a dozen of these types of spikes in the last year. Trying to do a mental stop when your suddenly down over $7,000 with no end in sight - that probably does not work out well for most, bet a lot of silver longs...
Currently you make about $2 per day (M-F) per $100k in a cash sweep with IB & Fidelity. At least it's trending up, we are so far out of historical norms, hence there may be some up side down the road?
What your talking about is a large function of what us discretionary swing/momo traders do - always looking for divergences. Those doing well in a broad sell off - especially hitting all time highs like the DJ airline index did today is where I will look to go long.
In beat up bear markets...