Hey Scalpers, how do you enjoy trading against machines w/1 millisecond turnaround?

Quote from stock777:

Dunno, I think many of the responses were seriously immature, only now are we getting discussion.

I think I hit a nerve, which is not the same as antagonizing.

If you have no sense of humor, I suggest trading is not the business to be in.
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Juvenile threads do not stimulate real discussion, don't hide behind that old one, have the guts to admit you wanted to rile, at least then we wont have to add coward to your resume
 
Quote from stock777:

Dunno, I think many of the responses were seriously immature, only now are we getting discussion.

I think I hit a nerve, which is not the same as antagonizing.

If you have no sense of humor, I suggest trading is not the business to be in.
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So you can't admit you are wrong. No wonder you can't trade
intraday. Too bad for you. Maybe this business is not for you?

I have been trading way longer than you btw. Oh, and humor
doesn't have anything to do with trading.

Good luck with your investing. You should go join an investor site....:p
 
It's not just the computer scalpers that ruin everyone's fun,doesn't everybody just love the scalper/spoofer - go bid for thousands,flip,go offered in thousands - a real asset to the trading community!
 
Quote from version77:

So you can't admit you are wrong. No wonder you can't trade
intraday. Too bad for you. Maybe this business is not for you?

I have been trading way longer than you btw. Oh, and humor
doesn't have anything to do with trading.

Good luck with your investing. You should go join an investor site....:p
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I'll be glad to admit I'm wrong.

Not sure about what, but if it makes you feel better, I'll do it.

I'd also be careful about bragging on longevity.

A bit like saying Ive been selling these hot dogs on this corner for 20 years.

If you were real good at it you'd own a Nathans by now.
 
Quote from stock777:

I'll be glad to admit I'm wrong.

Not sure about what, but if it makes you feel better, I'll do it.
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Good. You admitted your thread was meant to antagonize.

Why start such a useless thread? Superiority or inferiority complex?
 
Quote from FXTraderWill:

Also, on top of that, you're acting as though black boxes are machines at war with human traders; they're just algorithms written by traders - some are good, some aren't. There are black boxes which compete with me in certain setups I take, and will beat me in getting orders filled; however, there are also a lot of really dumb boxes. There are so many add-liquidity boxes which have no concept of when it's a good idea to add liquidity and when not to which frequently are there to get me out of stock at a much more favorable price than any human ever would. Those add liquidity box programmers need to learn about the concept of intraday mean-reversion.

A lot of boxes are turned on every day, and a lot are turned off. Just as the good ones take away some money from us scalpers, the bad ones give money back. And in my professional opinion, there are more bad boxes than good boxes out there. [/B]
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The above definitely sums up what profitable traders already know. All that computers are doing is the same thing humans are doing. Providing liquidity. Yes there may be extremely fast computers but if they are buying the bid that doesn't mean they are selling the offer so they can still lose. All that stock777 is doing is regurgitating what some unsuccessful trader told him after he lost all his money. Every computer program is built differently so there can there be an unfair advantage. Even the flipper program has been scrutinized as unfair. But if you recognize when it's happening and you keep trading the who's fault it that? There will always be a way to make money in the markets if you can find it in yourself first to figure out how you function during different types of trades. It takes a lot of patience to trade low volatility markets and losses aren't that easy to get back when there's only one or two moves a day, but that's not to say it can't happen.
 
Quote from version77:

Good. You admitted your thread was meant to antagonize.

Why start such a useless thread? Superiority or inferiority complex?
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Hopefully your trading skills are superior to your reading skills
 
Whats really interesting is that 90% of traders do lose $, but 99% of posters claim to be superstars.

Must be that the losers are too busy trying to get their money back.

Which proves , if nothing else , that I have lots of free time.
 
Quote from stock777:

Whats really interesting is that 90% of traders do lose $, but 99% of posters claim to be superstars.
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That's amazing! Go figure.
 
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