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I'm not trying to disparage Topstep. I'm merely trying to understand why people go with them to begin with? Futures don't require a lot of money to trade. Couldn't a new trader just open an account somewhere and paper trade? Is it purely for the structure and advice that Topstep provides...

The vast majority of the HFT firms that shut down that day did it because they didn't trust the data they were receiving. Of the ones I know that kept going that day made a killing.

I don't trade retail. Except for my retirement account. They can have the order flow on my 10 trades a year. :) BTW, Robinhood openly admits they will sell order flow. Part of the reason they think they can survive with $0 comms.

I guess the argument is. Even if you are paying $9.99 at Ameritrade, they are still making you pay in other ways. They just screw you an extra 10 bucks.

As far as I know, they are working on all 50 states. There will be an API available, so you will be able to trade by other means. However, the API is one of the ways they plan to make money. So there will be a fee for that. No margin trading yet either. BTW, this is really geared...

I guess the "so what" is that it hasn't been done before in equities (as far as I know). I thought about them making the spread, however, I don't think this is the case. Not from what I've heard (unofficially of course).

I'm surprised that no one posted a thread about this. There is a new brokerage opening up in Silicon Valley that claims it will allow trading with no commissions. It was started by a couple of prior high frequency traders. They haven't officially launched yet, but is worth a read. At...

I doubt there is a virus. However, with Pracplays recent shenanigans, I guess I wouldn't put anything past them. Glean is a waste of time and money that is destroying Tradelink as far as I'm concerned. Seek out the user forked Glean-less version of Tradelink if you want a true open-source...

It isn't a charity. When you make a trade, are you looking out for whoever is on the other side? Maybe taking a hit so that they get a better fill? Not everyone is going to be happy all the time. Someone always gets the short end of the stick. Everyone and every firm is out to improve...

Id take anything Nanex says with a grain of salt. They strike me as attention seekers who make sensational headlines to extend their perceived 15 minutes of fame. If Eric would take his blinders off, perhaps he'd see that a good deal of his nonsense is explainable. His self proclaimed...

From what I've read, it seems that DRW is right in this case. If true, I hope they are successful in the suit.

To each their own I guess. However, I think it only confuses the issues even more when using such a broad definition.

While this activity is algorithms at work, they aren't HFT firms. They aren't going to bother with such a low volume strategy.

Personally, I'd stop having communications with them. Kindly instruct them to stay off of your property or you will involve the police. If they continue to bother you, I'd look into a restraining order for harassment. You sound like a reasonable person, but I would simply stop being so...

Time for a security camera to see if they are trying to take the dog when you're not out there. If they come in your yard again, call the police and have them arrested. Don't put up with that BS.

Check out http://josh.com/teepipe/ TeePipe. I can't remember for sure, and I'm too lazy to re-read it. But I think it is a software solution and not only will it switch to whatever connection is working, but it will use both connections at once for extra bandwidth. The guy who wrote...

Sounds like you need a new broker.

I don't think Tradelink has an execution connector to MT4. I don't even know if MT4 is even open to that sort of thing. If they are, you'll have to hire someone to write a connector. Expect anywhere from $5k to $10k if you want to hire someone that knows what they are doing.

Just thought I'd chime in here. HFT strategies are generally capacity constrained. So, that 500% return is on a smaller dollar amount than say a hedge fund with millions or billions under management. Some HFT strategies are extremely constrained on what they can deliver. Throwing more money...

Every WSJ article is available for free. At least, I haven't found one that isn't. All you have to do is paste the title into Google and click on the link. takes you right to a free version.