Quote from slacker:
No bashing that I can see.
'Some is way out of date.'
True, true. What is working now at Bright Trading? Where are your traders making money in this world of HFT and with less upside to market opening? Still open market orders? Pair trades? More swing and overnight trading?
Glad to see you posting again and wishing you better health in 2012!!!
slacker
OK, some are going to hate hearing this, but our very top traders place and fill a few hundred opening only orders, under very tight automated programs. They spoke at our Retreat last year, only to those who attended. They asked for anonymity and didn't want me to spread any info to anyone other than those who attended.
The others in the top 10% do opens and pairs. They all seem to have a few "children" that they trade daily too.
I don't feel comfortable going into any more detail, and I honestly don't even know (other than the open only report) how they make their money. OTHER than risk control, we leave them alone.
Don