Any chance execute profitable algo on Forex?

elabunsky · Oct 26, 2015

Hi,

Last time I made some HFT algo wich is sort of latency arb.
It's possible be profitable if trade it in USA (not in UK) via good liquidity.
But ... LP providers are not stable. They can do fault and then do huge slippages.
And a lot of peoples say my - "WOW, no one bank pool will not allow trade algo".
Yes, it's possible try split trade via several LP providers, but finally it's not stable business because any LP provider/pool can rejects trades.
My question - how does it possible do money?

PS. One trading day when LPs was good for me. Blue line my 12 usd per 1M comm, and orange dream level comm 7 usd (research of course). It's live market.

Regards,
Eugene.

doggyfx · Oct 26, 2015

I guess, selling this system to somebody is the most guaranteed way to make money

If your system is really good you can open accounts with 10-20 brokers and play on micro lots with them (splitting 1 lot position between 20 brokers and here you go!).
Had similar stuff with Hotforex, FXCM, Global Prime and IB FX but then gave up and switched to fundamental trading.
Maybe you will be luckier than me in this

elabunsky · Oct 26, 2015

doggyfx said:
I guess, selling this system to somebody is the most guaranteed way to make money
If your system is really good you can open accounts with 10-20 brokers and play on micro lots with them (splitting 1 lot position between 20 brokers and here you go!).
Had similar stuff with Hotforex, FXCM, Global Prime and IB FX but then gave up and switched to fundamental trading.
Maybe you will be luckier than me in this

This system is not retail's ready.
And it'll not profitable via retails forex brokers 100%. I said about bank's pool etc stuff.

Surfeur · Oct 26, 2015

latency arb is considered as a toxic flow and LP don't like toxic flow...

elabunsky · Oct 26, 2015

Surfeur said:
latency arb is considered as a toxic flow and LP don't like toxic flow...

I can't say that this is latency arb. I'm in position more than 20-30 seconds average.

debitspread · Oct 26, 2015

elabunsky said:
I can't say that this is latency arb. I'm in position more than 20-30 seconds average.

Your hold time doesn't matter. Banks care about their markouts X millis post-trade. If you're bleeding them, they'll widen, speedbump, reject, or disconnect you.

elabunsky · Oct 26, 2015

debitspread said:
Your hold time doesn't matter. Banks care about their markouts X millis post-trade. If you're bleeding them, they'll widen, speedbump, reject, or disconnect you.

Yes, this is why I asked about it...

elabunsky · Nov 10, 2015

And what about FastMatch? I read a lot about they fast technology, but ...
1) what about ndd/bbo? it's real or just marketing?
2) what about spread for ndd/bbo without rejects execution (if possible)?
PS. Really like start my own algo trading. And I have profitable algo (model and software) already

Surfeur · Nov 10, 2015

elabunsky, why you say that you are profitable in USA but not in the UK ? you haven't the same LP in UK ? have you try LMAX ?

Humpy · Nov 10, 2015

elabunsky said:
And what about FastMatch? I read a lot about they fast technology, but ...
1) what about ndd/bbo? it's real or just marketing?
2) what about spread for ndd/bbo without rejects execution (if possible)?
PS. Really like start my own algo trading. And I have profitable algo (model and software) already

Are you selling a copy of your " profitable algo " ?
I would need to test it first.

Any chance execute profitable algo on Forex?

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