HFT Impact on a Futures Retail Trader

E

eS19

Lets say I have a directional strategy based on intraday price action. I am looking to make 2 ticks, risking 3 ticks on each trade. I want to ask the traders who are knowledgeable in HFT, that how can HFT algos screw me? I typically make 3-4 trades a day, I am generally good at identifying setups that can give me 2 ticks. I am currently trading 5 lots per trade. I am fairly new to trading futures and wanna have a dialogue on what kind of risks/opportunities does HFT present for the retail trader.

Thank you!
 
If you already know you are getting filled 80℅, can't you self assess the hft impact on your strategy? Assuming you're trading on a Globex market...there is no fragmentation, and thus no front running (not legally anyway) . What you see is what you get (in my view). Globex also has a FIFO order book. Market makers don't get preferential fills or rebates (as far as I know)
 
IAS_LLC said:
If you already know you are getting filled 80℅, can't you self assess the hft impact on your strategy? Assuming you're trading on a Globex market...there is no fragmentation, and thus no front running (not legally anyway) . What you see is what you get (in my view). Globex also has a FIFO order book. Market makers don't get preferential fills or rebates (as far as I know)
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Not all Globex products are FIFO but many of the major ones are. Interest rate products are a notable exception.
 
So you have a win rate of at least 66% @eS19 ?

I don't think about HFT at all when trading, I doubt they are interested in trying to screw small retail traders... for them to do that, they would need to flip books and trade way more volume then your 5 lots and know where your stops are. The only one that can possibly see your trade and trade style and stops is your broker...
 
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