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A comment on Algorithmic Trading: A Practitioner’s Guide. Parent comment

Re:Algorithmic Trading: A Practitioner’s Guide by Lapsa on Monday February 13, 2023 @01:49AM (#34770845)
For an individual - HFT isn't all that accessible. Fees gonna kill ya. But yeah - you just zoom out a little bit and work from there.
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Re:Algorithmic Trading: A Practitioner’s Guide by OJFord on Monday February 13, 2023 @04:11AM (#34771546)
Well, latency/capital required to lower it gonna kill ya too. Fees are an issue like the blinds in a pro poker game that you don't have the access to our buy-in for either.
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Re:Algorithmic Trading: A Practitioner’s Guide by boshalfoshal on Monday February 13, 2023 @12:05PM (#34776345)
fwiw, med/long term strategies are consideribly more difficult than HFT. Also, depending on the product (options, treasuries, etc.) most firms still have traders to manage strategies. For example, the top Options MM firms (CitSec, SIG, Jane Street, IMC, Optiver...) all have traders. Pure play algos is once again, consideribly harder (for certain products).

I still think theres alpha, but I don't think it would be from off the shelf methods that some random youtube trading guru talks about.

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