4 ms·
I hope you’re joking. The level of sophistication is insane: microwave networks tuned down to nearly theoretical min latencies, specialized hardware systems wh
by gricardo99 8y ago
I hope you’re joking.
The level of sophistication is insane: microwave networks tuned down to nearly theoretical min latencies, specialized hardware systems where teams worry about shaving nanoseconds, data cleansing teams, research teams, automated news/sentiment analysis...
And that’s on top of all their non-technological advantages: connections on the street, getting preferential deals with exchanges, banks, brokers and other counterparties, lobbyists ensuring their interests are protected, etc,etc...
That being said, there’s always another angle to get a leg up.
I’d love to hear how you can beat them. If you can, they’ll hire you soon enough or figure it out pretty quickly.
- marketgod 8y agoNot joking. I don't need the sophistication, I trade options and I don't need instant orders, or to be near the exchange. I don't need insider information because I can already see what's going to happen with a high probability. You can view my profile, sign up for a trial and see it for yourself. I don't care about fees, taxes, or any of that because it's inconsequential to me.
- gricardo99 8y agoOmg, this is so meta. In the comments on a post about guys running a shady day trading site is a guy trying to hawk another shady day trading site? I think you’re barking up the wrong tree. This HN crowd is usually pretty skeptical and you’re making wild claims.
- marketgod 8y agoShady trading site ;) If people want to pay me money to make money like I am making it, I am not going to say no. If you reject peoples money, that's absurd. I am not saying, come pay me, I am saying, if you want to make money, come pay me. If you want to sit on the sidelines, then feel free to do so. I am not trying to make a sale, I am trying to make a point. I would love for a Warren Buffet, or anyone else, to come challenge me. I will destroy them. :) If anyone wants to post their returns at a trade deks, I will beat it in 2018/2019 No, my claims are not wild, maybe being the best is, but being profitable is easy. If you don't think so, you haven't done your due diligence. There are hundreds of people that are profitable, how do you think I learned? Also, as to the HN crowd being skeptical, I think one person already subscribed and made enough to pay his subscription, we will see how they do for the rest of the year. Also skeptical is good, I want skeptics, because I like silencing my skeptics and trolls.
- blackoil 8y agoWhy does the site has 4 movie clips of shady people? SEO or to weed out false positives or just because.
- marketgod 8y agoJust because. :) "I tried to teach [people] how to be kings And all they ever wanted to be was soldiers" Also, it's really vague because anyone really wanting to sign up either has the capital to sign up, or has found my posts on reddit/another place where I post free plans.
- saalweachter 8y agoEhhh, I pay pretty close attention to the Bitcoin threads.
- lend000 8y agoA good indication that you aren't a great trader is that you try to sell services based on being a great trader.
- stouset 8y agoIf you had a strategy that worked, you would not be looking for competition.
- amluto 8y agoThere’s a classic [0] scam: send 2^12 letters to 2^12 random people. Half say that some stock will go up next week and the other half say it’ll go down. 2^11 of them will be correct [1]. Send those people similar letters the next week, half with one prediction and half with the opposite. Repeat until you have, say, 2^4 people who have seen 8 consecutive correct predictions. Now offer them more predictions at $500 a pop based on your track record. It is, of course, quite possible to fool yourself based on this fallacy. [0] no citation — it’s folklore as far as I know. [1] I’m ignoring issues like the stock simply not moving.
- marketgod 8y agoThat's with penny stocks. You can't move a $300BN stock with $50M.