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re: Do "regular" day traders stand a chance with algorithmic trading?

Posted on 12/27/23 at 1:28 pm to
Posted by The Scofflaw
Metairie, LA
Member since Sep 2014
1914 posts
Posted on 12/27/23 at 1:28 pm to
No, you should be swing trading or longer tf if you're human. Unless you're trading in an actual pit.
Posted by LSURussian
Member since Feb 2005
133663 posts
Posted on 12/27/23 at 1:32 pm to
After years of trial and error I've discovered a sure-fire way to get to a million dollars by day trading.

First, start with two million dollars...
Posted by tigersports4
Hammond
Member since Dec 2008
125 posts
Posted on 12/27/23 at 1:46 pm to
The only place to really day trade and avoid all the us gov regulation is in forex/futures. At that point it’s just risk management. 30k account pulls 3k a day.
Posted by Tigerlaff
FIGHTING out of the Carencro Sonic
Member since Jan 2010
22122 posts
Posted on 12/27/23 at 2:06 pm to
As soon as you get a job and start working, invest as much as you can in Vanguard index funds every year. That's it.
Posted by m2pro
Member since Nov 2008
29695 posts
Posted on 12/27/23 at 2:20 pm to
That depends on if you're using macro/micro analytics.

They can do all the math in micro, but they cannot yet take into account things like mergers, business models, knowing a good product when they see one etc etc etc
Posted by Nelson Biederman IV
New York, NY
Member since Apr 2014
625 posts
Posted on 12/27/23 at 3:48 pm to
I hate this shite. They have them for horse betting, too. Odds and probables can significantly change between the time they load to the time they’re off because they’re programmed down to the second.
Posted by Koach K
Member since Nov 2016
4812 posts
Posted on 12/27/23 at 3:50 pm to
Do you even front run bro?
Posted by scottydoesntknow
Member since Nov 2023
10299 posts
Posted on 12/27/23 at 4:18 pm to
Not a day trader, but my common sense tells me the more you trades you make in competition with Algorithms and AI, the higher percentage chance you are gonna lose
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35878 posts
Posted on 12/27/23 at 4:45 pm to
Bro, squid game crypto, AMC, and GME. You’re welcome.
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