Using a advisory service for high frequency trading?

[piezoe]

Please be very careful. Most advisory services are not very good and the worst front run their clients. Your odds of choosing a good advisory service are not good.

 

[Corelio]

Quote from HockeyPlayer:


I'd be very interested in any comments about using a high frequency advisor in general, or this particular group in particular.

You have plenty of high frequency (shoot from the hip) advisors here at ET.

 

[kxvid]

Quote from HockeyPlayer:

I'm not looking to learn to be a trader. I have an enjoyable and profitable day job.

I'm looking to improve the returns of my portfolio.

You don't have to day trade/ stare at the screen all day long to get good returns. Maybe you could learn discretionary short/ medium term trading. The returns can be as good as daytrading but the learning curve is steep. You can lose alot of money while learning so start small.

You are probably looking at 6 months - never before you start making decent money. Maybe less if you have some experience with economics and the markets. Significantly longer if this is all very new to you.

 

[Nexen]

Quote from HockeyPlayer:

I'm considering investing some money in one of the strategies run by http://www.marketsci.com These are fairly high frequency strategies (~50 trades/year) that show good returns over the past couple years of live trading. Fees are 2.5%/year.

Most of my money is in index funds, this would be a speculative portion of my portfolio.

I'd be very interested in any comments about using a high frequency advisor in general, or this particular group in particular.

I never made any money following a free or paid service.

The little money I have made in the stock market comes from years of watching charts.

Hope it helps but don't fall prey to these sharks.

Nexen

 

[Beerman]

I'd also be interested in hearing from anyone using any of the MarketSci programs. I'm looking for absolute return programs or managers to diversify my existing program and this was one that interested me but I'd like to hear from others about their experience.