NexusFi: Find Your Edge


Home Menu

 





Webinar: Understanding the Game - Recreational vs Professional Traders


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one Big Mike with 7 posts (8 thanks)
    2. looks_two shodson with 1 posts (0 thanks)
    3. looks_3 Quick Summary with 1 posts (0 thanks)
    4. looks_4 Superdoug3 with 1 posts (0 thanks)
    1. trending_up 30,988 views
    2. thumb_up 12 thanks given
    3. group 13 followers
    1. forum 20 posts
    2. attach_file 0 attachments




 
Search this Thread

Webinar: Understanding the Game - Recreational vs Professional Traders

  #21 (permalink)
 
shodson's Avatar
 shodson 
OC, California, USA
Quantoholic
 
Experience: Advanced
Platform: IB/TWS, NinjaTrader, ToS
Broker: IB, ToS, Kinetick
Trading: stocks, options, futures, VIX
Posts: 1,976 since Jun 2009
Thanks Given: 533
Thanks Received: 3,709


DarkPoolTrading View Post
Great webinar as always. Thanks.

It's interesting how many questions there were on HFT's. As TST discussed, HFT's are playing a different game to the rest of us. Ignore them. Trade longer timeframes. That doesn't mean you have to become a multi day swing trader. Even if your trades only typically last 30 minutes. You're still WAY outside of what the HTF's are concerned with.

If you're not making money, it's not because of HFT's. That is a cop out and is just looking for excuses.

Again, great webinar. Thanks.

Yeah, if I had a pico-penny for every complaint I hear about HFT....

Complaining about HFT is just a way to deflect responsibility from yourself. Complaining about the "1%", Goldman Sachs, market makers stop hunting, etc. Sure, some people have positions and powers that give them an edge you don't have (unfair?), but that doesn't mean you still can't make money.

And, yeah, that was a really good webinar. I forwarded it on to the members of my Meetup, especially for those that are new or struggling. I liked the comparisons to sports, the golf short game, the Lebron camp, etc.

What was the Ninjatrader thing they were referring to? Are they coming out with some sort of tool for Ninja?

Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote

Can you help answer these questions
from other members on NexusFi?
ZombieSqueeze
Platforms and Indicators
Request for MACD with option to use different MAs for fa …
NinjaTrader
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
NexusFi Journal Challenge - April 2024
Feedback and Announcements
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Retail Trading As An Industry
67 thanks
Battlestations: Show us your trading desks!
48 thanks
NexusFi site changelog and issues/problem reporting
47 thanks
GFIs1 1 DAX trade per day journal
32 thanks
What percentage per day is possible? [Poll]
31 thanks






Last Updated on November 24, 2013


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts