High-Frequency Trader Turned Whistleblower Sparks a Big Congressional Investigation

SEE3772's Avatar
waverunner234's Avatar
What's your point with this post?
If it is that regular people with 401k's get screwed that's known for a long time.

I am a Forex trader, I don't fight the big players, I try to ride with them.

Basically not much has changed with HFTrading.
A trend is still a trend and is hard to break.
Resistance and Support area's still exist and work fine.

HFTraders use milli and nano seconds for trades, of course I cannot match that.
Even 1 minute, 5 minute, 15 minute charts I'm not really interested in.
That just gives the noise of the HFTraders.

I look at 1 hr, 4 hr. 8 hr and Daily trends. Only using the smaller time frames for surgical entries. And it fits me well.
dilbert firestorm's Avatar
What's your point with this post?
If it is that regular people with 401k's get screwed that's known for a long time.

I am a Forex trader, I don't fight the big players, I try to ride with them.

Basically not much has changed with HFTrading.
A trend is still a trend and is hard to break.
Resistance and Support area's still exist and work fine.

HFTraders use milli and nano seconds for trades, of course I cannot match that.
Even 1 minute, 5 minute, 15 minute charts I'm not really interested in.
That just gives the noise of the HFTraders.

I look at 1 hr, 4 hr. 8 hr and Daily trends. Only using the smaller time frames for surgical entries. And it fits me well. Originally Posted by waverunner234
I think he talking about unfair trades, that some traders get trades done ahead of others traders.
SEE3772's Avatar
What's your point with this post?
If it is that regular people with 401k's get screwed that's known for a long time.

I am a Forex trader, I don't fight the big players, I try to ride with them.

Basically not much has changed with HFTrading.
A trend is still a trend and is hard to break.
Resistance and Support area's still exist and work fine.

HFTraders use milli and nano seconds for trades, of course I cannot match that.
Even 1 minute, 5 minute, 15 minute charts I'm not really interested in.
That just gives the noise of the HFTraders.

I look at 1 hr, 4 hr. 8 hr and Daily trends. Only using the smaller time frames for surgical entries. And it fits me well. Originally Posted by waverunner234
Yeah, traders use "limits" but...
Not much has changed?
The Algorithms buy & sell up to 70% of the daily trades.

Illegal Trading Strategies... Just like "Sniping or Hunting"
Flash Orders, traders can see incoming buy and sell orders and put in their orders before other traders to profit. Flash Crashes... The MSM talking points: "Someone had heavy thumbs!"
Front Running, an algorithm or trader sees orders before they are filled and acts on the information.
Wash Trades, appears as two brokers buying and selling simultaneously but it's only meant to draw in other investors.

How do you feel about the gold exchange standard from 1946 – 1971, floating currencies
and derivatives. Any connection to the current global financial instability?
SEE3772's Avatar
I think he talking about unfair trades, that some traders get trades done ahead of others traders. Originally Posted by dilbert firestorm
...and Illegal.
If traders see it then the regulators see it.
Unfair for traders who don'r see it and the general public.
dilbert firestorm's Avatar
I am a Forex trader, I don't fight the big players, I try to ride with them. Originally Posted by mensisio
how do you trade in forex?


damn.. revived an old thread from 2012. lol.
The option of a revolutionary resolution of contradictions in developed countries is unlikely. The main interests of any group are reduced to the possibility of earning income and not losing the acquired property. The observance of these interests in macroeconomic terms is most influenced by the concepts of inflation, discount rate, unemployment, budget deficit and exchange rate, for more visit https://justforex.com/education/fore...e-stock-charts
Its illegal for all us common folks, but for the elite, especially our politicians it's legal.

Go back and look at the networth of our senators when they enter the office and there networth after five years in office.

I want those returns!