09-13-2011, 02:43 PM #1
Someone tell me about High Frequency Trading
Ok, so my professors have been talking about it and how it relates to computers predicting the market to make decisions and in some sense profitable.
Anyone on here have any experience with this sorta stuff? How does it work?
I would assume the disadvantages are that these algorithms are programmed by humans and humans make mistakes...?
09-13-2011, 03:39 PM #2
The most I've ever seen is auto buy/sell when either by a time defined high/low or a value defined high/low.
At Kitco you can buy precious metals down to the thousandth of an ounce.
09-13-2011, 04:02 PM #3
hmm...I know about the auto buy/sells but that has to be based off of some chart right? I guess it is algorithmic trading but I wouldn't trust a computer with my money.
09-14-2011, 08:12 PM #4
No idea what the hell high frequency trading is. Sounds like it deals with... high frequency of trades.
09-14-2011, 08:30 PM #5
Well, it isn't for me....because I don't live in NYC near the floor. Turns out there are fluctuations that you can profit off of within milliseconds and this "algorithmic" trading can do that for you...however you need to be as close to the trading floor as possible physically with the computer running the algorithm in order to make the most money...assuming that your algorithm kicks the market's ass.
Still learning, will report when I get some more pertinent information.
09-14-2011, 11:15 PM #6
I always tell people this, who are big into stocks. No one can predict a bomb.Some people live long, meaningful lives.
Other people eat shit and die.
I'm not racist, I hate everybody equally; especially fat people.