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This is actually a good point. I have often wondered if it is possible to setup a Dubai based entity, wire your money in that entity and trade from there - solely for the tax purposes. I am sure some folks are actually doing this.

You are correct HFT in Hong Kong is nothing compared to HFT in US. However, I know for a fact that there is a still a huge amount of HFT happening in Hong Kong. Not only in the stock market but also in the options market. Taxes in general are lower in Hong Kong.

Yes, an inability to truly comprehend how hard it is to be successful in this profession is the reason why 95% people lose money while trading.

Yes your questions make it clear that you are an amateur. Which is fine everyone starts from somewhere. My recommendation - get a trial of amibroker and if you want, also spend 2-3 weeks working with tradelink to see if you will like to go down that route.

Wow! with each passing day this thread is getting more and more humorous. :D Here we have one guy going on for days talking about how great he is, and why the only solution to profitability is to code up your own platform, while turning a blind eye to the fact that most people on this forum...

Discuss which is better and why: Trade a few instruments Pros: ->Chance to develop in-depth market dynamics of one instrument very well ->Chance to develop good tape reading skills ->Chance to understand the cumulative effects of participants on that market ->You get to know intimately...

Thanks Nab for sharing your experience. I need to expand my backtesting and execution framework. This is what I am thinking as a start for streamlining my systematic trading framework. For backtesting, I will continue to use Multicharts and MATLAB. For auto-execution, portfolio construction...

First, thanks for a useful post. This thread has been going astray. Agree with all the 3 points above. I am surprised you mention a week, I would have thought at least couple of months to develop a basic backtesting and execution without GUI framework. But then my IT skills are fairly limited...

This is still early days with this journal, but your performance this time is much inferior to the last time. Sorry - not trying to dishearten you. Just saying what I thought. Why is it so? Last time you were absolutely GOD like in consistency and making money!

Awesome trade Ammo! Absolutely fantastic.

Is there any thing special about 1566 level?

hahahaha lol. Man this thread had some good discussion initially but not it is making me crack up. The hft dude fails to realize that it is beyond the capability of most of the ETers to build a full-fledged trading platform. He also fails to understand that many people are profitable using...

expecting 26.5 today?? We bounced off pretty hard from 35.75, don't think we are going to break it today.

Thanks for this Trvl. I wanted to study the pattern in detail and then would have responded to you. Cheers.

what is this tweezer you talk about? Can you pls post a chart to show it

Have you coded up your own trading software? If yes, then I would like to ask you following:- I am curious how long in your experience does it take to code up a basic trading engine sufficient for many purposes? Please also write the specific capabilities that such a basic trading engine...

Good examples. Thanks. Are you by any chance involved in hft industry?

Please elaborate and give detailed examples. Many people are listening intently.

Traded in OTC markets. Not on exchanges.

It seems bottom is in. Adding here at 46. target 56, 62 and if I manage to hold till 70.