Are you still on Discord?
I've paid over $60,000 in commission the last few weeks and im done
- Thread starter balckagroop
- Start date
yes, stream every few days. been busy last week will be on tomorrow or after tomorrow
I guess you are paying retail commissions using a HFT computer to trade.
With high frequency trading you are making 100 trade per day. like those prop firms that used to exist. you would have 30 guys in room all making 30 trades a day. making pennies per trade.. or 3 or 5 cents per trade o the stocks. and don't get paid to provide liquidity to investors who would unload on you with market orders with flash crashes and ripped by other HFT machines trading the same instrument or stocks.. and they only go long
With high frequency trading you are making 100 trade per day. like those prop firms that used to exist. you would have 30 guys in room all making 30 trades a day. making pennies per trade.. or 3 or 5 cents per trade o the stocks. and don't get paid to provide liquidity to investors who would unload on you with market orders with flash crashes and ripped by other HFT machines trading the same instrument or stocks.. and they only go long
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200 lot positions on average, 10-20x over 4 hour period. Sometimes 3-5 handles, sometimes 20-100.
my biggest issue right now is that I’m still using ToS for everything. Indecision in terms of what broker, platform, feed, etc to use.
yeah, i leeched off this fuggtard today with 50 lots , and he really is the real deal . he moves the market so i just piggy back his shite.
only made 165,000 today since it was a slow one
all the gud traders in the world on discord now
only made 165,000 today since it was a slow one
all the gud traders in the world on discord now
Indeed, I believe you. I really do. Because 165,000 North Korean Won is 183.33 USD as of tonight's exchange rate of 900 KPW to the dollar.
Thats 183.33 more than the fuggtard made paper trading
I would highly recommend getting a broker who is also a clearing firm member for CME for obvious reasons.
https://www.cmegroup.com/clearing/financial-and-regulatory-surveillance/clearing-firms.html
Secondly, the size you are trading, IOM seat is a must. If you feel like buying a seat is too high of a commitment , then lease a seat. IOS lease goes for 300 tops right now. There is one time 2k fee for joining. Good thing is any respectable broker is able to do the set you up (finds you a lessor an does the most of the paperwork). Fairly straightforward.
Seat is good because you dont have to pay for NFA and Routing fees and you get discount on commissions and exchange fees.
More info can be found on:
https://www.cmegroup.com/company/files/cme-fee-schedule-2020-04-01.pdf
If you can pull more than 10k volume monthly, you can get your commissions down to 10-15 cents without difficulty.
Good luck!
https://www.cmegroup.com/clearing/financial-and-regulatory-surveillance/clearing-firms.html
Secondly, the size you are trading, IOM seat is a must. If you feel like buying a seat is too high of a commitment , then lease a seat. IOS lease goes for 300 tops right now. There is one time 2k fee for joining. Good thing is any respectable broker is able to do the set you up (finds you a lessor an does the most of the paperwork). Fairly straightforward.
Seat is good because you dont have to pay for NFA and Routing fees and you get discount on commissions and exchange fees.
More info can be found on:
https://www.cmegroup.com/company/files/cme-fee-schedule-2020-04-01.pdf
If you can pull more than 10k volume monthly, you can get your commissions down to 10-15 cents without difficulty.
Good luck!
Reasons aren't immediately obvious to me. Can you explain? Thanks.
As for IOM seat, you say NFA is gone, Routing fees gone, and a discount on exchange fees (yes), but also broker commissions? Are you sure about that? That's more impressive than I thought if true.
scam artist
show proof you're not
show proof you're not