Fighting the HFT algos... daytraders and floor traders vs. HFT traders

Chinese, Russians, Iranians, North Koreans and many more including Burkina Faso want to rule the f-king world. If you receive few billions from mining platinum there is very big chance that you will consider yourself Napoleon and will attempt to rule f-king world tomorow despite what you are saying today.

Democracy aint equal distribution of wealth.. You are mixing it up with communism.

PS this exactly what I meant by local commies.. here he is
 
Quote from bears21:

Trade the foreign equity markets it's like the good old days over there. Technology hasn't caught up over there and in some markets trading seems like the mid 90s so if you want to go back in time change your alarm clocks. But in another decade or so even these markets will be very efficient.
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I have thought about that a lot lately.

If you do not mind which ones might you trade?
thorugh IB?
 
what's next, the HFT stick there chips right into the exchanges boxes? where do they draw the line? and quote stuffing, c'mon! :mad:
 
Quote from maxima120:

Chinese, Russians, Iranians, North Koreans and many more including Burkina Faso want to rule the f-king world. If you receive few billions from mining platinum there is very big chance that you will consider yourself Napoleon and will attempt to rule f-king world tomorow despite what you are saying today.

Democracy aint equal distribution of wealth.. You are mixing it up with communism.

PS this exactly what I meant by local commies.. here he is
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Agreed - democracy isn't equal distribution of wealth.. but it isn't intense concentration of wealth either. Concentration of wealth is the #1 cause of depressions; it causes economies to freeze up - as we are seeing happening in The U.S. and other free market economies today.

You're 30 years out of date with the 'commies' bugaboo; there is no meaningful communist base any more and virtually no chance of communism succeeding in any of the major western nations

Consider the successes of nations like Canada and Sweden where there is some degree of socialism and where capitalism thrives.
The hardass f**k-the-poor attitude you obviously share accounts for the ruination of middle class Americans when a family member gets a serious illness and why American war vets are left to live in the streets once they've outlived their usefulness to the ruling class. Eventually the gated-community set will run out of suckers to fight their wars.

Go back to glutting your face with the fat of the land and concocting phony rationales for your cowardly greed.
 
Quote from jem:

I have thought about that a lot lately.

If you do not mind which ones might you trade?
thorugh IB?
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tsx is the one i concentrate on. same market hours such as us markets so easily adaptable. just alot of pure trading based off charts, time and sales, level 2. hft is not prevelant if at all on this exchange. they might have two at most dark pools so the flow is basically one display facility.
 
Quote from candletrader:

I really do think that the only ways to counter the algos is
1) to trade with them at key levels
2) expand the time horizon and widen stops... but this f**ks up intraday R:R ratios...
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the only way to stop the hft's is to have a per contract charge for every order,and a separate charge for orders that were actually filled..if you watch the flash crash dom and the orders filled to the right,you will see that (fake bids and offers) it is all automated,humans can't enter and cxl orders that fast, these orders also cause huge costs for exchanges who have to keep rebuilding systems so they don't overload at extreme volume,and if we do get to extremes and you can't get your fills from your electronic broker, these hft's are the cause........http://www.youtube.com/watch?v=9OWFaGNN5hU
 
The only way to stop this high frequency scam is to have the govt force the the HFT firms to hold their offers and bids a minimum of 1/2 a sec. This will will effectively keep them from manipulating the price to their advantage.

Trillium already got caught with this manipulation, now its time for the govt to get even more aggressive with other HFT players.
 
A minimum time limit is also a good idea but from a futures perspective the bs that goes on flashing in thousands of lots is an issue.

Some clown in the YM likes to flash in 300 lot clips,that market is mostly 10 up,I do wonder what the hell they are doing at market quality at CME.

Some firms post bids/offers in 5k-10k to gain larger slices on the pro-rata matching system from incoming orders.This is totally unfair to everyone else but if they were to be charged a pull fee after a threshold then it would be stopped.

The question that needs to be asked of these nuisances is "why do you keep bid/offer in 5k only to pull the balance when a 300 lot trades?" then ban them for abusing the market.

I do think initially the volumes would drop off but eventually we would be left with a market that was credible and efficient and the volumes would return.
 
A minimum time frame for quotes to be honored is an excellent way to stop quote stuffing. To stop front running, you would need to add a random amount of time to each orders time stamp before it goes into the queue. Say a random amont of time between 50 and 250 millliseconds. There would be no way of ensuring that a particular order could execute fast enough to front run.

To be fair, you would have to add this random amount of time to everyones order, even the manual traders.
 
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