what if ...

[nitro]

Quote from harrytrader:

Not so stupid, on french market many pit traders was erased from the market and lost their jobs. Tomorrow they could do on futures account something like daytrading pattern with much more capital requirements like 1 or even ten millions if they want because of too much speculation or so like arguments. That was one of the excuse for pattern trading : enhancing volatility although I found an article research from scientists who demonstrates that this was a false affirmation and that volatitily was is much more due to market maker that control the bid / ask and sudden burst of trend.

I agree. It is not impossible that many types of trading will come to a kind of "heat death," i.e., all the edge left are to the arbs, and those will be run by computers...

FWIW, it will probably not happen in your lifetime though where _all_ opportunities are gone...

nitro

 

[qdz]

nitro, good point. But you just me another thing to worry about, no human counter parties in the market one day. Thanks.

Quote from nitro:


I agree. It is not impossible that many types of trading will come to a kind of "heat death," i.e., all the edge left are to the arbs, and those will be run by computers...

FWIW, it will probably not happen in your lifetime though where _all_ opportunities are gone...

nitro

 

[Htrader]

Quote from qdz:

what if one day all the trade edges on which I depend to make a living are all gone; what if they change/make the rules to push me out of the games; what if the dynamics of the business change against me; what if it is impossible for me to profit from trading anymore; what should I prepare for? what should I do? how would I know it before wasting resource but only to achieve a final failure when this kind of crucial changes happen.



Life is full of changes.

This happens everyday. My primary daytrading strategy has lost its edge twice now and I'm currently trading my third primary strategy and working on refining a fourth. The market changes. Part of being a great trader is learning how to change with it.

 

[JWS11]

Quote from qdz:

what if one day all the trade edges on which I depend to make a living are all gone; what if they change/make the rules to push me out of the games; what if the dynamics of the business change against me; what if it is impossible for me to profit from trading anymore; what should I prepare for? what should I do? how would I know it before wasting resource but only to achieve a final failure when this kind of crucial changes happen.

I think what you mean is what if the world changes and I don't. Well, don't do that. Stay connected, go with the flow.