You are correct regarding the market making vs liquidity taking. I have never worked on any HF market making strategies; only on liquidity taking strategies. It sure it's an exciting and sexy form of trading, but truly &!%$#%$! difficult to make it ...

Thank you for your comments Blackmage. Have we spoken in the past? Regarding the HF traders, none of those projects have ever worked, although we're working on one now that, so far, has demonstrated a lot of promise. Now we mainly work with ...

There's no magical "good" or "bad" amount of leverage. It all depends on risk management. We work mainly at the institutional level with different FX money managers. We do not allow any to go above 12:1 leverage and hardly any ever come close to ...

Yes; it will be close eventually. We work with a fund that offers a fully hedge carry trader program as a market neutral option; but the reason their account doesn't get closed is because they send a huge amount of directional (non hedged ...

Ha! Ha! LOL! You're right! We're swimming in a sea of talent!

3-10% a day compounded for 1 year is impossible. These types of figures are usually the offspring of mental masturbation sessions of newby traders - IMHO.

I agree; unless someone is using a huge amount of leverage and only trading for a short period of time. Results like those are not sustainable. I'm constantly interviewing traders and have seen my share of "professionals;" so I think my opinion is ...

Gift_Art, I do agree in part with what you're saying. In general, there aren't many good traders on the forums; but then again, there aren't many good traders anywhere. That's the statistical truth. I do disagree with the generalization that ...

What Does Controversy Have To Do With Profits? It's all about probability. In my experience dealing with traders in the past, every time there has been questional "stuff" on the web, it has resulted in problematic relationships. It's not about ...

Bruce; from your PM now I realize that you and I have spoken in the past. There's just too much controversy over your name on the internet. Sorry. Good luck.

Just replied to your PM. For some strange reason, I get the feeling that we've spoken before.

LOL! So modest!

Hey Poocher; it has been a while! What have you been up to?

Just hate these MT4 waiting periods! They are so common!

It doesn't matter. Just because they show a bank on the list, it doesn't mean that everyone that trades with that bank in one capacity or another has access to the same prices. Banks do whatever the hell they want. That's why it's so important to ...

True that eSignals has tick data available, but if you're back testing / forward testing a high frequency system using data that you're not really going to use to trade, you're asking for trouble. I work with guys who do this for a living ...

Oh, no; here we go! Spelling bee!

Great question. Unfortunately, quality tick data is not easy to come by (and usually has to be collected via API). We've collected data from the CAX since it was made available to us via API for some of our high frequency systems. I also have a DVD ...

Nah; deal desks are for chumps. Aggregation is the name of the game!

Timber!!!