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If all those TastyTrade strategies work, why isn't it being automated and backed by significant funding? Serious question.
by rbinv 11y ago
If all those TastyTrade strategies work, why isn't it being automated and backed by significant funding? Serious question.
- gnaritas 11y agoBecause significant funding requires significant liquidity and strategies that work for an individual trader can exploit being small to find opportunities too small for big money to bother chasing. Small players can enter and exit trades instantly with little slippage, big players move the market and have to play a very different game to open large positions.
- TuringNYC 11y agoSomeone with significant funding could try -- but they will end up having 10 meetings with employees, contractors, accountants, auditors, and before you know it, you have eaten up all the profit the trade might have produced. Think of that awesome baseball card you purchased at a 10 cent discount at the corner shop. Would it make sense for Goldman Sachs to do a comprehensive search for all such deals and "profit" 10cents a piece off them?