Quote:
Originally Posted by waverunner234
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.
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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?