Surfer Alerts

HurricaneUS · Apr 18, 2013

Quote from marketsurfer:

True. Some are however, most are not. Just like the rest of the market. Overall the quant driven/reactive changes have taken much edge away from retail. Narrow spreads,
Decilimazation, dark pools you can't access--- overall it's way harder now than ever---

none of those factors that you mentioned (decimalisation, narrow spreads, dark pools) take away from my edge...in fact, narrow spreads is advantageous, in terms of reducing slippage, to my style of trading as long as the instrument has adequate price movement....narrow spreads and price movement are two different things

marketsurfer · Apr 18, 2013

Quote from HurricaneUS:

none of those factors that you mentioned (decimalisation, narrow spreads, dark pools) take away from my edge...in fact, narrow spreads is advantageous, in terms of reducing slippage, to my style of trading as long as the instrument has adequate price movement....narrow spreads and price movement are two different things

Ok. Tight spreads make trading easier ? If you say so. Quants are less effective because they are competing with each other, not any other reason. Too many fish in a small pond. surf

cornix · Apr 18, 2013

Quote from marketsurfer:

This is ridiculous and naive. No offense meant

Many universities have trading rooms --- what do you think they do there?

:eek:

My pleasure to be corrected if wrong. Could you please link me to practical trading courses taught in any US universities?

cornix · Apr 18, 2013

Not sure about everyone, but I like tight spreads and high liquidity provided by HFT.

R. Raskolnikov · Apr 18, 2013

I cant speak for individual equities, but I see no real difference in how the SPY trades with respect to HFT. Maybe it's more visible on the level 2, however the MTF's i use don't appear to be any different. Only thing that I notice that changes is volatility and range size.

HurricaneUS · Apr 18, 2013

Quote from marketsurfer:

Ok. Tight spreads make trading easier ? If you say so. Quants are less effective because they are competing with each other, not any other reason. Too many fish in a small pond. surf

Did you even read my post...I qualified my statement with...."as long as the instrument has adequate price movement"

The EURUSD has less than a pip spread from some brokers (source: www.fxintel.com)....certainly you're aren't suggesting that the Euro doesn't move

RichardRimes · Apr 18, 2013

Quote from HurricaneUS:

from ivory league universities...it's quite comical

Thanks for the smile of the morning...Ivory is a soap. The term "Ivy league" comes from the English Ivy that grows up the old "establishment" brick buildings from American Universities back east like Princeton, Harvard and Yale.

HurricaneUS · Apr 18, 2013

Quote from RichardRimes:

Thanks for the smile of the morning...Ivory is a soap. The term "Ivy league" comes from the English Ivy that grows up the old "establishment" brick buildings from American Universities back east like Princeton, Harvard and Yale.

yeah, I meant ivy league...I was still wiping the cold out of my eyes when I wrote that post

cornix · Apr 18, 2013

Quote from HurricaneUS:

Did you even read my post...I qualified my statement with...."as long as the instrument has adequate price movement"

The EURUSD has less than a pip spread from some brokers (source: www.fxintel.com)....certainly you're aren't suggesting that the Euro doesn't move

One of my trading buddies switched to Dukascopy FX broker and Euro spread there is like 0.4 pips on average.

Also I can't say NQ doesn't move despite larger liquidity than before.

marketsurfer · Apr 18, 2013

Quote from HurricaneUS:

Did you even read my post...I qualified my statement with...."as long as the instrument has adequate price movement"

The EURUSD has less than a pip spread from some brokers (source: www.fxintel.com)....certainly you're aren't suggesting that the Euro doesn't move

This is part the problem with this type of communication. I'm talking about the stock market. Not retail FX

Peace. surf