Exactly!! Spoofing hurts HFT momentum algos that jump in front of peoples orders when theres a directional move. Iceberg orders are encouraged by...
I wouldn't like to say. I'm not claiming to be his best friend or even know what he did in great detail. But moved in similar circles. The London...
As I've told you already. He built up an account from nothing 1 lot at a time at a professional trading firm. He is just better than the rest of...
By you. I have seen. That's my point
Legally. You can't spoof the S&P market with 1 lots. Even if he did do it a bit in the final year you don't get to clipping 2000 lot orders...
Well this was over about 8 years starting with an account of zero (he was backed by Futex) and then built it up with 1 lots slowly going up the...
Ok. Well I'm telling you as someone that works in the industry and has worked with him that he did make that money trading. But up to you what you...
Yes. His company returns, his brokerage statements and dozens of people that have worked alongside him. If you're really that interested email his...
I've worked at the same firm as him and know many of his friends. He wasn't doing what he was arrested for, and so what he lived at home? His...
Yes. I'm a pro trader. Have been for 10 years. So was Nav. Completely pointless saying 'he was paying this' 'he was having to hold this on his...
No pro trader pays anything like $5 a round turn. Intraday margin rates are low and prop firms will give you about 10x leverage on top of that...
Averaging isn't a strategy in itself, as in, you can't flip a coin and average until your position turns positive. But 90% of the traders I work...
I can't believe DeepDiscount haven't got a proper website together yet. It doesn't take a lot of money. They have lost so much business through...
Hear hear!
Shame he got busted. I made good money off Corsica. His orders were so obvious. Same time every day in same markets. If people want to put fake...
Rotter yes. Sarao no not really. I worked in the same place as him briefly and know many of the ppl he worked with. He wasn't spoofing. But I've...
10 years ago prop traders did what algos do. We exploited price inefficiencies that lasted maybe 5-10 seconds. You could have 100 guys trading...
Thanks Soon2Bgreat. That makes sense. The execution isn't really an issue. There's a few options I can setup for that. It's backtesting...
Thanks I have come across this course and was considering it. I didn't know if it was worthwhile to learn Python fundamentals first via...
Thanks again. Will go through the articles tomorrow. I was getting a bit stressed as everyone in the industry was saying to learn Python but...
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