2) Is backtesting helpful for a new (unprofitable) daytrader? I think a lot of new guys put the cart in front of the horse. The idea of coming...
1) Does HFT really affect daytraders PnL? For me, yes it does every day. I use every trick in the book to find liquidity in the names I trade....
Let's take the off-topic discussion over to it's own thread... http://elitetrader.com/vb/showthread.php?p=3972062#post3972062
Off topic discussion from http://www.elitetrader.com/vb/showthread.php?t=283227 continued... There are two lively debates happening here. 1)...
I can't say for sure, but I think that was the peak of hft which really dulled down moves. It seemed like nothing would ever follow through...the...
In 2010 I could have made more working at McDonalds. Otherwise, every year has paid the bills plus some.
I'm serious, this thread seems to point out a misunderstanding of newer traders thinking you need to create a system, then backtest to be...
Who said anything about trading a system?
The conditions for this style of trading have been slowly improving since last year. The past couple months have been even better than average.
A good trader can make money in nearly any volatile instrument. Stocks are just the easiest. Backtest to your hearts content...it won't make...
Re: backtesting There are many profitable discretionary traders like myself that just trade volatility. Find whatever is moving, and trade it....
Dark pools aren't inherently a bad thing, I use them all the time. Problems only arise when the dark pool is abused. The real problem imo is...
Yes, plus fees...
Think in terms of a whole day. If you make $500 after trading 100k shares, you made a half cent per share (500/100000). This is an important...
Thanks, but I already have toolbar turned off. I'm referring to the title bar.
Most charting packages allow you to hide the title bar, especially for charts. I'm a new user of Ninja and see no way to do this. A google...
It was halted that whole time. He covered on the open.
Were you trading at the time? Multiple hedge funds died glorious deaths trying to short the top. Many saw the top, it was the retail that just...
Thanks, check PM.
I don't want to post the details publicly, but if you can assist me in creation then it's yours to use. Thanks
Separate names with a comma.