Iâm not really a daytrader, so I canât comment a lot on experiences âfightingâ HFTs but I know they represent a significant advantage over the retail daytrading investor. Thatâs why I try and steer clear of daytrading and take advantage of systems that are longer terms (like day bar lengths). Those are less susceptible
HFT places suck. Plain and simple. Well theyâre profitable, but they have rigged way too many rules in their favor⦠The problem is that they can instantaneously react and with their capital they can âpushâ the market in a way that the retail investor doesnât expect and gets scared by or stopped out onâ¦
Also, is there a way to block certain members? EMG does nothing but discourage and fear monger. Every post is a major downer. I bet his P/L reflects his attitude - negative.
"The leap into freedom is the exchanging of risk for reward. This can be done only by shifting from tension to ease, and that can be done only when one perceives the reward and not the risk. That you won't win all the time has nothing to do with it - that's life, that's the [stock] market. The trying itself is freeing. And being free has its own reward" - Justin Mamis, The Nature of Risk
i have no problem with this approach. there is nothing illegal or 'not fair' about it.
you place an order ,a bit away from the market and if you got filled-then you add more,cause you believe(it's a key word! that price movement in this direction will continue. anyone can do it.
emg included. but when one participant can place a subpenny order side to side to your order and take all the shares ,right on front of you,playing a 'price priority' game-this is where we having a problem.