I started long ago to holding years and eventually just kept adding to smaller timeframes, so it is yearly down to using ticks, and all automation. I have also made 2 HFT systems and blended them into one system, they work on what happens 1-2 seconds before few HFT kicks in as I have identified math aided pattern, I have programmed software that looks for patterns in different kind of way, once you can take abstract and turn it into how you rather see it visually, you can then make it logical.
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Insider trading hurts only HFT
- Thread starter wannabetrader
- Start date
HFT hurts everybody
THAT IS THE TRUTH
You should make a point not to trade with HFTs then. Enjoy your inflated spreads and higher transaction cost. The cost to you is well worth expressing anger over something you clearly don't understand.
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Insider trading occurs most eith individual public companies. Market makers typically have exposure to many different companies/sectors at once. This creates a smoothing effect which limits pain when a price moves unexpected due to insider trading. However, there is certainly a negative effect.
On the other hand, long term investors, retail traders, etc are the ones getting the worst deal. This information assymetry is unethical and makes for bad markets. Moreover, these players have a large advantage over HFT when it comes to parsing geopolitical, corporate, and structural news. Computers do a poor job of this. That is a game that can be played by retail but insider trading ruins this opportunity.
On the other hand, long term investors, retail traders, etc are the ones getting the worst deal. This information assymetry is unethical and makes for bad markets. Moreover, these players have a large advantage over HFT when it comes to parsing geopolitical, corporate, and structural news. Computers do a poor job of this. That is a game that can be played by retail but insider trading ruins this opportunity.
Your ripping off the 'market maker' of the stock who is hedging his short and long positions.
One of the hedge fund guys told me that what they were doing only hurts HFT since market makers take the other side of their trade. True or false?
Any 'profit' you make from daytrading stocks or futures is from the other traders or market makers of the instrument. Daytrading your a competiting with other market makers or professional traders. your competitor in the market if you a daytrading. not a client or customer like investors.
market makers hate profitable day traders. all your profits is from them
You should make a point not to trade with HFTs then. Enjoy your inflated spreads and higher transaction cost. The cost to you is well worth expressing anger over something you clearly don't understand.
You have no clue. Maybe if you want to buy or sell 100 shares of a stock, then HFTs are awesome. 200 shares? Maybe. 1,000 shares? Nah. HFT gives an illusion of tighter spreads but it is complete bullsh*t.
HFT is the market maker in these new markets. Insider trading hurts all but destabilizing market makers increases the damage.
You have no clue. Maybe if you want to buy or sell 100 shares of a stock, then HFTs are awesome. 200 shares? Maybe. 1,000 shares? Nah. HFT gives an illusion of tighter spreads but it is complete bullsh*t.
1000 shares of what? Most liquid books sit several 10k shares thick all day.