2 ms·
If you are asking the answer is probably no. It is a very capital intensive business. You need a large amount of capital to get started (single millions? mayb
by yourabi 16y ago
If you are asking the answer is probably no.
It is a very capital intensive business.
You need a large amount of capital to get started (single millions? maybe up to 10 million?)
You have a high barrier to entry: colocation at exchanges (expensive), expensive data feeds, sophisticated event-processing software...etc
Then after you have all that you need the brokerage relationships.
Then you need to actually develop a successful algorithm - and your competitors have many years more experience than you.
...etc...etc
You get the point.
However, you could look at automated technical analysis / to supplement your own retail trading, but HFT is its own game.
- nearestneighbor 16y agoThere's the possibility of middle men who are supposed to make some of these obstacles easier to overcome: http://news.ycombinator.com/item?id=1560072 http://news.ycombinator.com/item?id=1560072 Are you speaking from personal experience by the way?