Trading with a Stop Loss in the Futures Market is for Losers

[Visaria]

Quote from lemarche:

I AGREE ON THE FACT THAT UNDERCAPITALIZATION AND RESULTING OVERLEVERAGE ARE THE BIGGEST PROBLEMS FACED BY SMALL TRADERS...

30K$/€ IS ENOUGH I BELIEVE, IF YOU ARE NOT LOOKING TO MAKE 6 FIGURES THE FIRST YEAR YOU GO LIVE (LoL)

Your post is definitely not undercapitalised

 

[bone]

Quote from QuantWizard:

Sure, if you have a one- or two-tick stop you're surely gonna get stopped out, but then you're a fool in the first place, even in absence of HFTs.

So if I have a, say 20-tick stop, can you explain to me exactly how one single HFT player can possibly move ES that much? I'm very curious to hear.

You are making complete sense, but trying to reason logically regarding the troll EMG is a waste of effort.

 

[QuantWizard]

Quote from bone:

You are making complete sense, but trying to reason logically regarding the troll EMG is a waste of effort.

emg JUST LOSES! HE JUST LOSES! *lol*

 

[luisHK]

Quote from QuantWizard:

emg JUST LOSES! HE JUST LOSES! *lol*

Maybe, but at least he has a wsj subscription

 

[emg]

HFTs are stopping out small traders again. those that use stops will lose

 

[bone]

Quote from emg:

HFTs are stopping out small traders again. those that use stops will lose

Ummm.... the simple fact of the matter is that small traders who manually point-and-click using a mouse cursor and order ticket DOM windows with the strategy for capturing single tic increments out of the market are going to lose to HFTs whether they use stops or not. Stops really don't have much to do with that scenario IMHO. Speed kills the manual single tic scalper. No news here - you are just trolling up drama once again with a tired cliche.

 

[Wide Tailz]

Quote from emg:

HFTs are stopping out small traders again. those that use stops will lose

I agree, if we're talking stops that are too tight.....

One of the best mean reverting algos I've tried had a profit target 1/10 the size of the stop and just faded the BB....

Even better if the tiny target becomes a tight trailing stop after a very small positive excursion.

Flipping all this around to represent the small trader who has a tiny stop for "protection"...... would be the source of all the profits captured by the aglo described above

:eek:

 

[TILT2]

Quote from emg:

HFTs are stopping out small traders again. those that use stops will lose

Say you sold s&p500 a week ago and didn't set a stop, do you like it?

 

[murrica]

Quote from bone:

Ummm.... the simple fact of the matter is that small traders who manually point-and-click using a mouse cursor and order ticket DOM windows

(quote truncated)

I am still waiting for retail DOM windows that have a blinking buzzer and sound effects purposely orchestrated in the key of C.

 

[emg]

No doubt in my mind HFTs are stiill stopping out small traders in the es. This is what u get for placing stops


http://www.chicagotribune.com/busin...-data-leak-20130424,0,4124230.story?track=rss

Price action and TA methods are encouraging small traders to place stops and trade as little as $5000. In other word, they brain draining small traders, while the HFTs, higher educated traders easily profiting over small traders expense.



"Chickens (small traders) are coming home to roost"




Minimum to trade in the es $500,000. 1 contract equal $100,000