Retail Traders supply the profit to the HFT's
- Thread starter ElectricSavant
- Start date
This has been the easiest market to trade for retailers for a long time. Forget about HFT. They do not care about 5K accounts. They try to frontrun orders of 10k shares or more.
People who try to trade backtested systems on 1 min data fail and position traders who read the tape carefully win their money.
People who try to trade backtested systems on 1 min data fail and position traders who read the tape carefully win their money.
There is no excuse not to make money in these markets. You even have that Ghettoguy posting profits here and he sounds quite illiterate.
There is no room for small traders especially going against HFT traders to trade in the stock market, futures market, option market, fx market, and etf marklet. what can a small trader with only $5000 in his/her account does against a $1 million hft account?
Something small traders will never understand how the game works, which is why i posted this:
http://www.elitetrader.com/vb/showthread.php?s=&threadid=212679
Something small traders will never understand how the game works, which is why i posted this:
http://www.elitetrader.com/vb/showthread.php?s=&threadid=212679
Why do all of your posts sound like last nights fortune cookie?...If you have something to say then come out with it...
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