m******t
发帖数: 635 | | s*******s
发帖数: 1568 | 2 2cents/trade? Like 200$ per day?
I suggest him do EBAY, might be more profitable :)
【在 m******t 的大作中提到】
: http://www.reddit.com/r/IAmA/comments/9s9d7/iama_100_automated_independent_retail_trader_i/
: He seems to be doing pretty well.
| m******t
发帖数: 635 | 3 If you read his reply carefully, that guy said that he has a strategy doing
high-frequency trading on some low-volume Nasdaq stocks. If you multiply
2cents/trade with a big number, it's not bad at all.
E.g., in your case, 10,000 trades/day * $0.02/trade = $200/day = $50K/year
I guess he trades more than 10K trades every day, say, 40,000 trades/day,
that's already $200K/year, which is what I heard the average pay a quant
earns.
【在 s*******s 的大作中提到】
: 2cents/trade? Like 200$ per day?
: I suggest him do EBAY, might be more profitable :)
| T*****w
发帖数: 802 | 4 he mentioned he make a little under 7 figures, ...800k./yr... | n****e
发帖数: 2401 | 5 How is it possible to have so many trades/day? The settlement requires 2
days -- means that you buy then sell, then the cash isn't available for
trade until 2 days later...
unless you have millions of dollars cash in your account and everyday you
use 1/3 cash to do all trades, so that you have money to trade daily.
doing
【在 m******t 的大作中提到】
: If you read his reply carefully, that guy said that he has a strategy doing
: high-frequency trading on some low-volume Nasdaq stocks. If you multiply
: 2cents/trade with a big number, it's not bad at all.
: E.g., in your case, 10,000 trades/day * $0.02/trade = $200/day = $50K/year
: I guess he trades more than 10K trades every day, say, 40,000 trades/day,
: that's already $200K/year, which is what I heard the average pay a quant
: earns.
| T*****w
发帖数: 802 | 6 IB margin account > 25k 就可以随便玩了。。。。。
没有看见说要settlement day
【在 n****e 的大作中提到】
: How is it possible to have so many trades/day? The settlement requires 2
: days -- means that you buy then sell, then the cash isn't available for
: trade until 2 days later...
: unless you have millions of dollars cash in your account and everyday you
: use 1/3 cash to do all trades, so that you have money to trade daily.
:
: doing
| f*******y
发帖数: 988 | 7 不可能
HFT做low volume stock从来没听说过
事实上对HFT的批评中主要一点就是他们对low volume股票不提供liquidity
4万个trades要每秒1.7个，这样的股票不叫low liquidity
doing
$50K/year
trades/day,
【在 m******t 的大作中提到】
: If you read his reply carefully, that guy said that he has a strategy doing
: high-frequency trading on some low-volume Nasdaq stocks. If you multiply
: 2cents/trade with a big number, it's not bad at all.
: E.g., in your case, 10,000 trades/day * $0.02/trade = $200/day = $50K/year
: I guess he trades more than 10K trades every day, say, 40,000 trades/day,
: that's already $200K/year, which is what I heard the average pay a quant
: earns.
| m******t
发帖数: 635 | 8 He said he actively trades around 700 stocks, so it's not a single stock
gets all those trades.
【在 f*******y 的大作中提到】
: 不可能
: HFT做low volume stock从来没听说过
: 事实上对HFT的批评中主要一点就是他们对low volume股票不提供liquidity
: 4万个trades要每秒1.7个，这样的股票不叫low liquidity
:
: doing
: $50K/year
: trades/day,
| p******i
发帖数: 1358 | 9 It's hokum, to receive and process data of 700 symbols one would need couple
racks and fair amount of bandwidth
【在 m******t 的大作中提到】
: He said he actively trades around 700 stocks, so it's not a single stock
: gets all those trades.
| m******t
发帖数: 635 | 10 He said he got three servers colo'ed in New Jersey. That sounds feasible and
reasonable to me.
couple
【在 p******i 的大作中提到】
: It's hokum, to receive and process data of 700 symbols one would need couple
: racks and fair amount of bandwidth
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