HFT vs Small Traders
- Thread starter emg
- Start date
if this is all you got as an argument, then you sounds even more childish than i'm..
one thing i would never understand..why it's so hard for so many people to just accept the fact that someone is actually able to make money daytrading?..i'm not posting\claimig millions of dollars in profits..it small account that raised from 30 to 70K. what so unrealistic about it?
why you having such a hard time accept that fact? i'm pretty sure that there is plenty of trades on ET,who are making six-seven figures a year..i have no problem with that..and you can't believe that one can make 30K? one of my friends who use to work at big firm seen traders who making 20-50K a day every single day..you would probably die from heart attack,if you see it yourself..
you keep saying sim word,but unable to provide any meaningful explanation of your assumptions..one more time-why you think that's it's a sim account? can you explain? you don't like my language? sounds too childish? it's because i'm russian for sake..it's not my native language and i never attend any school to learn the "proper" english..
Sure. It is easier for anybody to say in public one can make $30K per day. But, they will never tell you their big loss because of PRIDE. If they do, they will tell you small loss just to keep their pride going.
Keep sim trading buddy. "Mother Fucker" LMAO
I have never met a HFT who lost.
Were do you get it that 10% lose ??????
I never could figure out how HFTs in any way affected day traders negatively, as the majority on ET seems to believe. They're scalping for fractions of cents; I'm looking to capture large chunks of price swings of .40 or more.
As far as I know and correct me if I'm wrong, HFTs provide a lot of liquidity.
I stopped losing when I learned high probability trading strategies and learned to use protective stops. I use a small stop on every trade, no exceptions. My winning trades far outnumber my losing trades.
You can learn to recognize the price pattern environments where "stop hunters" play their games and you can either avoid trading at that time or you can join them and use the tactic to your favor just as easily. I buy and sell into stop runs frequently since I learned how easy it is to do. The protective stops on those trades are my smallest ever, usually only .03-.05.
Learning an edge in trading is easy. Learning how to trade without your big brain getting in the way is the "99% hard" part of it.
Everyone here on et is a winner.
No one ever posts how.
Even on their deathbeds.
Boilerplate Et poster.
"I spent years before discovering the holy grail. Now I sit back, let my Vic-20 trade for me, and once or twice a day, move the profits to my Swiss account.
Don't ask me how I do it. it's a big secret. "
No one ever posts how.
Even on their deathbeds.
Boilerplate Et poster.
"I spent years before discovering the holy grail. Now I sit back, let my Vic-20 trade for me, and once or twice a day, move the profits to my Swiss account.
Don't ask me how I do it. it's a big secret. "
I have worked in prop firms for about 6 years and the majority of the people I know making big money do it by feeding off of the HFT systems, they learn to recognise the patterns they create and follow in their footsteps.
If you find your stops are run or you cant get the price you want because of "the bots" and this happens regularly this is actually an edge. If, for example, you find leaning on size doesnt work because it is spoofed by HFT algos then you go against the size expecting it to "flip". If markets have lots of false breakouts then again, there is an edge in that. Trading is about adapting.
The sort of people that throw their hands in the air and say "this is impossible, it used to be easier" will never make it
If you find your stops are run or you cant get the price you want because of "the bots" and this happens regularly this is actually an edge. If, for example, you find leaning on size doesnt work because it is spoofed by HFT algos then you go against the size expecting it to "flip". If markets have lots of false breakouts then again, there is an edge in that. Trading is about adapting.
The sort of people that throw their hands in the air and say "this is impossible, it used to be easier" will never make it
Wrong.
More than 90% of HFT wins in a "Spectacular Fashion." They just win!!
EMG has some valid points on why small traders have the odds stacked against them, but like NoDoji, I never understood how HFT directly competes with retail traders?
If you go for bigger swings intraday, how is the HFTs providing any threats to you?
I`ve heard it said that HTFs may have changed the path, but not the destination. That makes a lot of sense to me.