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Webinar: Understanding the Game - Recreational vs Professional Traders
Started:October 30th, 2013 (07:47 PM) by Big Mike Views / Replies:9,361 / 20
Last Reply:November 24th, 2013 (01:27 AM) Attachments:0

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Webinar: Understanding the Game - Recreational vs Professional Traders

Old November 24th, 2013, 01:27 AM   #21 (permalink)
 Vendor: www.probabletrades.com 
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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?

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