Quote from bwolinsky:
Don't pay attention to FoN's comment, cornix.
Having 4-5 trades in a day would be extremely active for my methods, and much more on the level with
ALERT ALERT ALERT ALERT
Trade now and wait 2 weeks for a BBBBBBIIIIIIIIIGGGGGGGGG PROFIT!
Then during the trade as you announce the stupidly large percentage you might make, the trade moves against, then at breakeven, reverse and this might be a week later with the same proclamation of large profits looming ahead, ignoring the simpleton fact that at some point those trades will break the account to somewhere below an impossible level to ever return to anything remotely close to b/e.
Fucking ridiculous.
Cornix just trade on.
Really, I've had it with some of these idiots not knowing that tricking the dom is just as stupid because the robots don't care if you've taken their cheddar, all they know is they're going to come after you and trade until they get their shares back and into the black and if they don't they'll go with you and send your position into profit.
The people trading HFT are the hedge funds that want the rebates from the exchange or have to make volume so they do nice to their brokers by misrepresenting where their real profits come from.