Styles are quite the opposite, I only check open positions one hour before end of session on last trading day of week, do get a printout of new trades on Sunday at noon. I had developed HFT for Crude Oil, and although if filtered low enough, it could do 1000+ trades a day, but the more trades the smaller profit targets, so I have reset mine for larger targets and happy with less trades.
But what about copper ?
- Thread starter syswizard
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Styles are quite the opposite, I only check open positions one hour before end of session on last trading day of week, do get a printout of new trades on Sunday at noon. I had developed HFT for Crude Oil, and although if filtered low enough, it could do 1000+ trades a day, but the more trades the smaller profit targets, so I have reset mine for larger targets and happy with less trades.
Yes, if you can configure it with parameters to change the average time-in-trade, that would allow you to tune it to trade for larger profits so as to avoid the "death by commissions" effect.
I created an S&P system once that had a straight-up equity curve.....until I applied commissions...then it was straight down...:eek:
It's very important to keep in mind that the longer the "time-in-trade", the more volatile the equity curve becomes.
Rick Santelli on CNBC had mentioned one HFT trading firm that had ONE losing day in 3 years. He was all over them about being unfair and the need to be regulated....because human traders could not compete.
Huge reversal today - Copper now up 3 cents.
Reason:
Jinchuan furnace outage will cut copper, nickel output for 3-4 months
Mar 19, 2014 - 09:31 GMT
Jinchuanâs declaration of force majeure is likely to see the smelter reduce copper output by 100,000 tonnes and nickel output by 30,000 tonnes, according to a source doing business with the company.
Reason:
Jinchuan furnace outage will cut copper, nickel output for 3-4 months
Mar 19, 2014 - 09:31 GMT
Jinchuanâs declaration of force majeure is likely to see the smelter reduce copper output by 100,000 tonnes and nickel output by 30,000 tonnes, according to a source doing business with the company.
5 cent rally this morning. LME stocks at 263,675 tons, pretty much unchanged from yesterday.
Reason for the rally ?
Certainly not this news:
http://www.amm.com/Article/3322715/Nonferrous/Global-copper-market-logs-34000T-surplus-in-Dec-ICSG.html
Reason for the rally ?
Certainly not this news:
http://www.amm.com/Article/3322715/Nonferrous/Global-copper-market-logs-34000T-surplus-in-Dec-ICSG.html
dr-copper-is-waving-a-red-flag
Indeed...it's all about China and their Shadow Banking, Shadow Lending, Shadow Inventories.
There's no transparency....at all.
China is one big shadow.....and copper is now reflecting that fact.
Indeed...it's all about China and their Shadow Banking, Shadow Lending, Shadow Inventories.
There's no transparency....at all.
China is one big shadow.....and copper is now reflecting that fact.
copper-seen-stuck-at-3-by-chinas-stimulus-dilemma
Copper up 4 cents this morning. Check out the above article. The big move down is likely over, but any mini-rallies should be seen as good short-term trades on the short side.
Copper up 4 cents this morning. Check out the above article. The big move down is likely over, but any mini-rallies should be seen as good short-term trades on the short side.