Become a member
Sign in
Ore Yusuf
Ore Yusuf

Ore Yusuf

3 Following
1 Followers
·
  • Profile
  • Claps
  • Highlights

Highlighted by Ore Yusuf

See more

From Things You Learn After 1 Year of Day Trading for a Living by Andrew Kreimer

…takes and loss of capital. Don’t run, you are a retail trader, not an algorithmic trading computer. Learn your trading software thoroughly.

From Things You Learn After 1 Year of Day Trading for a Living by Andrew Kreimer

As mentioned before, commissions are part of the problem, but without them there will be no arenas to trade in. The real issue is market makers bluffing the order books. All of the infrastructures are automated, and the fast players are everywhere to catch your trades, happily providing you high prices when buying and low prices when selling. The only way to beat it is to use limit orders and try to anticipate the middle price. This a-ha moment seems like a minor issue, but multiplying 200 trades by 2.5$ ripping off fees is similar to the commissions you pay anyway, so it’s like paying commissions twice! Never use market orders or bid-ask raw prices, always target the mid-price or better.

From Things You Learn After 1 Year of Day Trading for a Living by Andrew Kreimer

…pping off fees is similar to the commissions you pay anyway, so it’s like paying commissions twice! Never use market orders or bid-ask raw prices, always target the mid-price or better.

Claps from Ore Yusuf

See more

People come and go.

Tiffany Sanya

Things You Learn After 1 Year of Day Trading for a Living

Andrew Kreimer

What I Learned Making 5 ARKit Prototypes

Nathan Gitter