Schizo Greybox Trading

HFT and what Schizo is doing (which is in fact more HFT trading than real trading) is to me no real edge. A real edge is when you can stay in a trade for 1 hour or longer. Because then you prove you have (some) control over the market. Jumping in and out for 1 point is far more easy to do.

The stuff some people on ET say...
So if a trader comes to you who makes $10mm per year but only holds for 15 minutes doesn't have an edge according to Mr. i am nobody over here. Great stuff, keep it up.
 
AMEN to that. This may be a completely flawed strategy, maybe, maybe not. Maybe he could add an overall binary filter and during non trending times turn the whole strategy around into a market making strategy. Whatever the outcome may be, fact is, he already put in more patience and persistence than 90%+ of people on this site. Even if the strategy entirely fails he will still have learned more than most others...
+1

more than 99.99%
 
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