Results 21 to 24 of 24
08-20-2011, 06:34 AM #21
I've said it before on different forums, but I guess I can say it again... Why day trade this stuff when clearly HFT is taking over just about every market?
Take a read at this Institutional Investor Global finance market news, analysis and research
I've been focused on the longer term trend. No more churn-and-burn'n stocks for nickles and dimes. My hats off to anyone that can still make money that way."HEY Panda, we don't take too kindly to your types around here!" "Now skeeter, they ain't hurtin no body"
“Jessie, you asked me if I was in the meth business or the money business. Neither. I'm in the empire business.” –Walter White
"Act as if... " - The boiler room
08-20-2011, 07:44 AM #22
It's Disgusting, Level II Quotes are a joke. On Citi, and Sprint, the Buys and Asks are so large, it screams Computer. 200K Buys, vs 300K sales, and one order is for 150K, and one order is for 200K. Penny moves...
08-22-2011, 11:33 AM #23
If you want to buy 100 contracts of lean hogs, its not happening without pushing the price of hogs way up, and your advantage of a few ticks goes out the window.
The only market you can do HFT in futures is possibly some of the big index markets like the S&P, and Russell.
I create program trading, but its not high frequency. I would say 70% if not more of stocks is now computer generated, and some some currencies as well.
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08-22-2011, 04:29 PM #24
I don't daytrade w/ lvl II, but I know people that still do that and while it's gotten a little harder for them, they are making more $ than they ever have before so it all comes down to who can adapt2011 Cadillac CTS-V Black Diamond Edition