futures.io - futures trading strategies, market news, trading charts and platforms

Traders Hideout

Discuss day trading practices and futures trading strategies on this forum for all markets. This forum is also for discussing and reviews for brokers, data feeds, and commercial or third party add-ons



  #19 (permalink)

Legendary Elite_Member
Wiltshire, United Kingdom
Trading Experience: Beginner
Platform: Jigsaw daytradr
Favorite Futures: US Equity Index Futures
matthew28's Avatar
Posts: 739 since Sep 2013
Thanks: 1,509 given, 1,247 received

tpredictor View Post
  • To encourage competition against your adversary. Think if you're not an HFT trader then what's the best thing to do? Share everything you know about HFT. Encourage others to trade HFT. Drive profits to zero.

Amateur adversaries that aren't going to make any difference anyway. Professional trading firms aren't going to be giving stuff away to encourage competition.
If you're not an HFT trader then what useful information are you going to have to share and how would not doing something encourage others to do it?
Profits are never going to go to zero because somebody starts marketing a Metatrader4 Expert adviser for $199, "Trade at Home like an HFT" or some other amateur program becomes available (point1). There will always be profit especially with market maker rebates and absolute minimal costs from capped commissions and exchange membership, or rebates when trading stocks. I am probably a little wrong with the terms but the point is clear. The only differentiator between which professional firm gets the most profit is the one that has spent the hugest amount of money in software design, computers and paying for their servers to be that fraction of a metre closer to the exchange than their competitors.

Trading, ideally structured, is a vehicle for expanding consciousness, not damaging it. - Brett Steenbarger
Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to matthew28 for this post: