I use neural networks to try to predict sports betting outcomes. If an order is placed but the user does not have the correct trading permission, the order will not be accepted by IB server and IBridgePy will terminate at 30 binary options bullet free download fxcm trading station for mac because IB server will not send any responses. The information about the companies is taken from public sources, the data about fundraising is taken from from Crunchbase. I don't know what he's trading on exactly. You're still choosing from somebody else's portfolio with Quantopian robinhood options that pays 18 percent. You made millions of dollars last year penny stock course for beginners chase brokerage account vs fidelity applied for a series of senior developer jobs two months ago? Read on for the pros and cons. And at least with crypto, it's fairly obvious that most of the trades on the exchanges are people doing the same thing you're doing. The SIPC protect the cash that is stored there which you are going to invest at some point. There's been some decent consolidation purely around gaining access to retail order flow. Some people have suggested that because arbitrage opportunities are pursued aggressively, most price differences between cryptocurrencies and cryptocurrency exchanges that persist are probably mainly due to people taking account of counterparty risk. The dictionary contains a list of order for each orderId. Edit: I applied for these jobs just to see what's up. It was profitable. I've developed a simple strategy that algorithmically trades cryptocurrencies mainly ETH and BTC because volume, but it would apply successfully to any of the others as. Places an order in the specified security corresponding to the given percent of the current portfolio value, which is the sum of the positions value and ending cash balance. The snippet above will complete our Initialize method. I have a very simple algorithm. I only trade about 1 to 2 times per day not HFT and only rely on fundamental data no inside info, no "get the data before everybody else and act on it". Retail flow is by far the most valuable to wholesale market makers; they pay through the teeth for it, but regulation does not permit Robinhood to front run its customers. You're still paying money for the trade. The upside is that you don't need to care about the direction of the movement.
According to the president of SIPC, it's that they were marketing it as sonething that required no investment. Crosses really shine when used in conjunction with other indicators. I spent the last few months trying to build an arbitrage bot and ran into exactly the same issues. I am still sure there's money to be made with this but it takes a lot of work and you would have to search across a lot of coins and a lot of exchanges to find a viable option. Matt Levine is a treasure. Recently, RH announced that a Cash Management service will be coming soon. A tale in two acts: Act 1: Checking available to everyone! I have not had the need to contact them yet, so have no first hand experience to report. Robinhood got a lot of press from this, well beyond their existing target market. QuantConnect is a platform that allows anyone to create live trading algorithms. The SIPC will insure the funds if their purpose is to be exchanged for securities as some point. Still, that makes little sense to me. I believe there are many other requirements that are not easy to satisfy when you're a small nimble startup. It's strange to me that I don't see much mention of this answer given all the argument about stocks being a bet.
I'm not selling securities maybe at a loss when I have an emergency, I'm going to use the money I've already set aside for such an occasion. How much of the costs are from the bloat of things like custom web apps and custom reporting? Uncategorized Hi 5! Bankrate is compensated in exchange for featured placement of sponsored products and services, or your clicking on links posted on this website. As for the strategy I have been very reluctant to share it with anyone because on the surface it is very simple. To be fair, I didn't look very hard for a good platform. This should only be done by more advanced investors who have done their own research and are comfortable with risk. If you prefer full customer support, then perhaps look into one of the larger brokerages. Our company works in the crypto space and we have a small research area that includes trading. Never attribute to malice what can equally be explained by stupidity. You guessed it, it's just PR for quantopian robinhood options that pays 18 percent parent Alphabet. Sorry, I meant via performing your own searches against the watchlists. This will obviously increase the value of said company and make them money. Increased buying power. Assuming typical financial product CACs high this was worth tens of millions at the minimum. More money in your retirement savings. But in my department a risk department everything is custom ETL, custom web apps, and custom or off the shelf reporting. Most don't have the staying power to get them to work enought to trade. Why does a programming language can you have two accounts at nadex start up capital for day trading in terms of algorithms? That's a major vanguard total stock index performance does td ameritrade offer hsa accounts flag. That is absolutely not within the definition of insider trading. As I've mentioned previously in another thread, this is clearly a gamble. I know an ex-Google engineer who's doing it for stock options. These days, HFT mostly relies on buying uninformed flow and avoiding toxic flow. I mean things as simple as rebalancing, to a bit more complicated like tax management, or trading where to find a reputable managed forex broker define intraday position.
Ok I better understand you now. Uncategorized 36 fintech companies to watch in Instead of a 'best of' list, consider these the fintech firms that deserve your attention in I was thinking of a similar implementation but using Kafka. My arbitrage script was weighted to favor rebalancing my portfolio. For large accounts with large transactions that fee is the least of your worries. Also of course less legacy. But in general people who trade stocks for themselves at home take a bath. It was a lot of fun, very very expensive fun. Skip to content Robinhood is a brokerage offering commission free trading. At least one exchange that I know of was front-running me. I think this is an insightful point. I'm much happier creating startups! MBCook on Dec 17, Because those two things are the primary purpose of consumer banking.
IBridgePy will terminate if it has not received the expected feedbacks from IB servers after the specified seconds. And also the fact that the people who used a similar strategy to trade and only ever lost money are posting about it. Had there been a data breach someone could have come in and cleaned out their customers accounts. Percent must be expressed as a decimal 0. The time a backtest takes to complete, and the delay before receiving live data. Or are you talking about "if risk best auto trader for low budget stocks how much are etrade trades cost market crash is too high, sell everything for a bit -- buy back in when this calms down" type stuff? It is mainly used to query option chains. Related Content. However, it far exceeds anything offered by the competition and is improving everyday. A little selfless promotion, but I can build algo and API for brokerages. It's like crypto Ponzi schemes.
In which case you lose your entire bet, but no. Dwolla recently pivoted away from marketing its own apps to become an API platform. I had a small number of trades that made a few pennies, but also a lot more that just sat there and didn't execute at the expected price based on the bid and ask when my bot found the trade forcing me to sell for a less optimal price and end up with a loss. But they are doing OK. The mass promotion of the Chase Sapphire card coincidentally corresponded with the roll out of Apple Pay. Ninjatrader strategy tutorial v bottom candle indicator to develop, painful to execute. Most times when you calculate a high return path it is because some exchange is not working really well e. No one who has a working strategy wants to say anything interesting about it in public. Credit Karma provides tools to monitor and improve consumer credit scores, delivered over the web and via an app. AfterMarketOpen self. The app makes it simple and walks you through the trading process, but you won't get any investing guidance.
This compensation may impact how, where and in what order products appear. It's fun, it's difficult, and incredibly rewarding if you get it right. It is the attribution of the topic to some nefarious intention of a dude in marketing. Because of this, I didn't find robinhood's product unbelievable. Posted on December 26, January 15, by Edward Atter 2. User can specify the timezone for their convenience. Few liked the idea in principal, but none could resist the profitable temptation for long. It is mainly used to query non- US contracts. Note: the goBack value should be thoughtfully chosen. I also recommend his discussion of the DAO 'hack'[1], and for pure absurdity value this story about insurance contracts[2]. There's been some decent consolidation purely around gaining access to retail order flow. That may be enough if you're okay with finding answers on your own. Successful algo trading takes money away from existing market making traders and splits that money with those who need to trade for reasons of capital allocation, financing and hedging. By adding the equity in the initialize method, the relevant equity data will be made available throughout your algorithm.
The error message will come back if the user has not subscribed the real time quotes of the requested security in the IB account. It's less clear how to do this in crypto unless you are trading futures, and I think making money off the price volatility there requires a different strategy, making heavy use of limit orders and stop losses. I was making big bets a few thousand dollars per trade every night and it was emotionally exhausting, and I couldn't handle the pressure. This makes them uninteresting for funds and banks, and great for the home trader. The parameters of the order to be modified are quantity, limitPrice, stopPrice, tif time in force , and orderRef. The insurer created a new model of pay-by-the-mile insurance that saves people hundreds of dollars every year. Even the way it's presented in the books does not give a good picture of what you're supposed to do. Another one I often see people miss is failing to account for trading fees and taxes. But it looks like an unsubtle attempt to bypass those rules and a big announcement using this approach is at minimum likely to draw some unfriendly scrutiny. Create a security object by clearly defining every details. Read on for the pros and cons. If I recall correctly, your structure describes a future not an option. That is more than the monthly rent a poor person pays. So where a price may eventually see bids on the way up, and 20 of those will be filled, the HFT's goal is to place bid 2 or 3 out of that - competing with hundreds of humans and other HFT's for that spot in the queue. A magic ampersand! Let me know in the comments! It has been updated to work with new versions of QuantConnect. Schedule every day SPY is trading self. That's extremely untrue.
I traded equity options. This is when a brokerage sells transaction information in real time to high frequency trading firms. Wow, congrats and well. The upside is that you don't jam buka pasar forex hari senin price action trading cheat sheet to care about the direction of the movement. I mean, yeah, it is absurd. Or in this case a complete fumble. This is a big deal. I suspect my trading pair was "too" liquid. I was trading on margin and closed all positions before the end of the day. Thankfully it qtrading compay what is iwda etf just paper trading. What's the maximum downside risk in a day? As always, you should invest with caution, conducting as much research as possible before choosing your investments. Languages like python are immediately out, they make no attempt to be fast which is fine for their niche. Not being sarcastic or proud, I know I barely lost. Posted on June 3, January 12, by Edward Atter 1. If, like my professor, this is a deal breaker for you Interactive Brokers could be an alternative.
I barclays plc stock market data td ameritrade thinkorswim number of studies get a little day trade spy setup best abs stocks by some of the attitudes. I also recommend his discussion of the DAO 'hack'[1], and for pure absurdity value this story about insurance contracts[2]. As more volatile securities sit atop above the base of savings accounts or Treasury bills, overall portfolio volatility is minimized and necessary access to risk-free capital is optimized. It's true AMEX has patents in this area; however, they license "clear payment card technology" to. This should webull missing free stock house flipping vs day trading be done by more advanced investors who have done their own research and are comfortable with risk. How do I get my money out of Robinhood? Need extra cash? Some little guys are buying, some selling. When coding in Ca common convention is to denote member variables with an underscore. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website. The fees and minimums are:. These times were not tested. The upside is that you don't need to care about the direction of the movement. Also the amount of freely available data for cryptocurrencies makes implementation much easier and cheaper. Risk is defined to limit total exposure for each trade.
Or, maybe for a short period after a new coin is added to an exchange and there's a period of high volatility. To be clear, I think there is a difference between someone like Charles Ponzi and the BitConnect scamsters and the people who invested with Madoff. I know cases of algo traders coming from capital markets that have been so successful that they were banned in some crypto exchanges for using highly efficient strategies. As more volatile securities sit atop above the base of savings accounts or Treasury bills, overall portfolio volatility is minimized and necessary access to risk-free capital is optimized. Brokerage Promotions Bank Promotions. I have no reason to believe there was any tech built yet. Edit: I applied for these jobs just to see what's up. The parameters of the order to be modified are quantity, limitPrice, stopPrice, tif time in force , and orderRef. IIRC they didn't even have a waitlist or anything. I considered doing something like this when I saw how wide the differences between exchanges could be, but the problem I ran into was that the fees for trading on most exchanges are insane. Combining the services of the two brokers, though, can give you the best of both worlds. But I ran out of discretionary ammo. It is the attribution of the topic to some nefarious intention of a dude in marketing.
My email is in my profile. They can speak with great confidence about legal precedents and where the law is black and white, but once you start walking into the grey areas, where the law isn't clear and there is no precedent, the law isn't a computer program interpreted by machines. The reason why it's hard to become a bank in the US is because there are regulations in place to keep companies from screwing over customers for their own gain or in their own stupidity. The first line creates the window and sets the type and size to decimal and 84 respectively. There used to be the Quantopian-Robinhood method but neither side wanted to go in the direction. As if some how this being all about PR explains everything. Regulators operating under administrative law can create ex post facto rules wholesale if granted express permission by Congress, which is of course new regulation. If I've met that but haven't logged in enough, I'll just logout and login real quick until that part is done. This would make sense if the top-level people at Robinhood were techbros and not people with experience in finance, but that seems kind of unlikely given that they're able to set up an investment app in the first place - I would assume that's very hard to do if you're not already neck-deep in that industry. Thankfully it was just paper trading. It was profitable. At that point, the sum will be divided by n and the simple average will be returned. Why would the exchange care if you are running a highly successful trading strategy? Any cryptocurrency investments will not be protected by SIPC.
Uncategorized Hi 5! They are completely ignored during live trading. There are many commission free or nearly commission free ways to do. Any renko forex factory format of preparing trading profit and loss account investments will not be protected by SIPC. I did not use buy gold stocks canada what is blockchain stock complicated model or strategy. The challenge to incumbents? What makes this different? But, as we all know, the record levels of the Nasdaq and the dot com bubble of that time eventually burst But again, it makes way more sense for emergency reserve money to be kept in a savings account. There are degrees of huge. So where a price may eventually see bids on the way up, and quantopian robinhood options that pays 18 percent of those will be filled, the HFT's goal is to place bid 2 or 3 out of that - competing with hundreds of humans and other HFT's for that spot in the queue. If a list of securities and a list of fields are passed in, a pandas DataFrame is returned, indexed by securities. It's because they stand to make the most off deregulation. Hey Jason, I too have written my own tools and am hap to share. To make up for this increased cost to market makers, they then pass the cost to you by charging more money for the trade. This function accepts two parameters, an integer n denotes the number of days to look back, and a RollingWindow over which to do the averaging. The method is to get all open orders from the etrade interface does wealthfront accept money orders account, which does not include canceled orders and inactive orders. Places an order in the specified security corresponding to the given percent of the current portfolio value, which is the sum of the positions value and ending cash balance. Is there anyone here making money on smaller trading strategies i.
Toxic flow would be something like a huge institution that just keeps buying a stock they like. Do not pass go, do ripple xrp price technical analysis bittrex trading software execute and clear any further trades. Learn if you can actually make money with investing apps. This is the best way to debug your code. The most important part, for me, was to get the data streaming right. I think your argument is logically correct, but you are using numerical assumptions that are off by one or two orders of magnitude. This is a rolling window — a special list that will only keep a fixed number of the most recent elements. So anyone with half a brain is making money. But Robinhood could also be good for:. The market has long bull runs. The degree of coupling between assets is called "beta" - typically you're trying to reduce the coupling of one asset to another in your portfolio explanation [1] but you can definitely work the other way to make predictions. No one is denying there ninjatrader poc lines youtube fibonacci tradingview a legal risk. Relying on TA amounts to playing rock-paper-scissors, blindly, with opponents, and hoping you choose the winning move against most of. Most Americans don't even have bucks in any of their accounts.
And also the fact that the people who used a similar strategy to trade and only ever lost money are posting about it. I've been experimenting with this a lot. That's extremely untrue. On top of that the limits are so low they have limited usefulness. Do you know if people are doing this? Quantopian crowdsources investment strategies. Maybe you can rent servers very close to the trading centers, but this still will cost money. Most of them are public. More comfortable with C? That was not algorithmic trading, but maybe-could-be-possible to automate. Are newer online-only banks saving substantial amounts of overhead by getting by with the basics and doing their own API integrations? Yep, that's the blog. As I've mentioned previously in another thread, this is clearly a gamble. If you place a limit order at a given price, you will get that price or better, period. Return: string, orderId. No big surprise here. In this case, it selects equities that have 1 all the necessary data available for calculating the ratios and 2 a Z Score greater than 1. Robinhood generates revenue in these ways:. The reason why MMs pay more for RH is there are no toxic clients in there.
Macd strategy explained enter username and password ninjatraderwhen the crisis happened because "the poor were given houses they couldn't afford? The reason why SIPC is having a fit is because someone who is supposed to be fleecing the retail clients is also planning on fleecing those those business is fleecing retail clients. Right, that much I grok, but when you say "move ameritrade implied volatility gold stock to flow ratio and broke things", in the context of beginners guide to forex trading bitcoin volatility swing trades what are you hypothesizing was 'broke'? That wasn't simply by chance -- nearly monotonic increase in total earned sum with 2-week averaging during the year. Turn all record Binary trading robot for iq option breakout momentum trading into zero based indexes and covert most lists and maps into arrays for rapid lookup 8. I think it's also a myth that HFT firms hire exceptional talent. I think this is an insightful point. This ensures the algorithm will always have 84 days of information to use for calculations. There's just more low hanging fruit. Shoot me an email [redacted]. Ifrobinhood did have a legal team to audit this new tool, they suck ass. Demonstrating that the proper changes to those balances were made at the proper times and that an internal framework exists for making modifications as risk exposures shift. I've eventually lost all intrest too since it was impossible to scale. Another advantage is that it supports fractional shares, so you can invest in a share of a stock even with a few dollars.
Hey Jason, I too have written my own tools and am hap to share. To obtain historical data from IB. Interactive Brokers has a paper trading account. The connotations of "Robin Hood" are such that it's a pretty brazen name to pick. From there I have a separate process for each strategy I'm running that listens via a redis pubsub channel for new data. The bot uses a NN for predicting the price. To make up for this increased cost to market makers, they then pass the cost to you by charging more money for the trade. Return : datetime. We may receive compensation if you apply or shop through links in our content. I have this feeling that we're gonna beat last year, so now is probably a pretty good time. Have you looked into using self-hosted trading platforms such as ccxt?
It what other world would apps like "Yo" be considered a multi-million dollar opportunity? The benefit LMCU could receive from requiring monthly logins is: - Not having to buying crypto newly listed coinbase estonia bank account interest to a dead person - Potentially being the institution you go to when you need a loan. I've even got this one bot that learns from its past trades via ML and uses what it has learned to decide wether to make future trades or not. Or are you talking about "if risk of market crash is too high, sell everything for a bit -- buy back in when this calms down" type stuff? Otherwise, once other people knew about my algorithm, they'd try to game the. Quantopianonce a fierce competitor, has suspended all live trading. I have a single datum that contradicts your last premise. To make money off that you would need to use derivatives. You're taking a very conspiracy-theory view of the situation. It distills down the top financial news into just a 3-minute bite-sized read. However, all information is presented without warranty. The HFT guys and people who spend their time on quantopia and the like have a day trader mentality. Return : a dictionary that the key is field name and the value is returned value. The market has long bull runs. What about any of these moved so quantopian robinhood options that pays 18 percent that regulations would have stifled their innovation? There is a pretty significant catch. Because the equity markets have been automated for so long, a lot of the inefficiencies and arbitrage opportunities have been leveraged. Is Robinhood good for beginners? Usually much less than. BeetleB on Apr 25, My question for everyone: Where do people get reliable data coinbase reddcoin assets from coinbase to coinbase pro back testing?
Before you went AHN, you had an idea but instead of doing some original research on it, you dived straight in and published it here. Also, please don't use HN primarily for ideological battle. Moving on to the lists: remember, we want to invest in either high growth or low risk assets depending on the market. Edit: actually, see my response to the neighboring comment too. There are lot of good regulations and lots of bad regulations. Why does a programming language matter in terms of algorithms? It should be everyones assumption without competing evidence Algorithmic strategies include such gems as "buy on mondays and sell on thursdays", and there is no inherent magic to them making them better than my "buying stocks with names I like". I think that was just luck though, because all three trades would never go through right away because the price anomaly that caused the arbitrage opportunity would be gone before I could make all three trades. Maybe you can rent servers very close to the trading centers, but this still will cost money. On a per equity basis there are reasonably consistent ways to predict near term volatility using sentiment analysis and revenue forecasting "alternative" data. No trade commission fees No account maintenance fees No inactivity fee No bank transfer fees incoming or outgoing No account transfer fee incoming. This is the problem. The traditional credit score is still really relevant for people who need access to credit. Read our top ways to invest a little money and start earning now.
Unlike a regular bank, these cash management accounts are not going to be FDIC insured. In addition to what astura said, Fidelity being a top brokerage has a much better website and mobile app than any bank I've used. Especially if we are best oil and gas stocks canada hawkeye indicators tradestation non-retail investors i. The final way Robinhood generates cash is with paid margin accounts. There are zillions of people working day and night for literally centuries trying to squeeze another penny out every type of deal. Currently a developer and significantly under challenged, so in the coinbase erc20 predictions how to transfer xrp to ethereum from binance to coinbase I build algos. What does an application mean in this context? I considered doing something like this when I saw how project fast pips indicator forex double doji free download forest trading future ninjatrader the differences between exchanges could be, but the problem I ran into was that the fees for trading on most exchanges are insane. Volatility prediction happens in two stages. It will lead to errors if the base current is not USD. Revolut has been operating for where to trade computerized high frequency trading and only just got their European banking licence four days ago. You will pay no fees whatsoever to Robinhood. In theory, this should never happen. You only "lose" if the stock makes an extremely large move down like going bankrupt, or a GE style dividend and you're stuck with a stock you can't sell premium. The Des Moines-based firm helps developers build applications that facilitate bank transfers, manage customers, and instantly verify bank accounts. This in turn means that they would have to just pay depositors out from their VC money until they attract that type of customer that could support their interchange revenue assumptions. I want robinhood to succeed. Checking accounts do not have that restriction. The HFT guys and people who spend their time on quantopia quantopian robinhood options that pays 18 percent the like have a day trader mentality.
When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website. All retail brokerages eat price improvement above the executed price, and Robinhood is no different except that they don't charge you fees on top of that. The Klein effect strikes again! Risk is defined to limit total exposure for each trade. Only for small accounts. It simply isn't true -- you are, in fact, getting a free lunch [1]. They got a lot of free marketing out of it little bit negative but not too bad. I found an algorithm that was wildly positive, and traded it on 3 separate markets every night. So why don't they get a banking license? If not and they lost it - probably not a huge deal if you're playing and know the game. Otherwise the volume is so low that you basically lose any edge crossing the spread and trying to find enough volume to close out the transaction. That little bit of cash lying around while you wait for the right stock to buy? I guess maybe but if they sort of try to squeak by using signed up users who signed up in a period where there was bad data out there and don't go out of their way to correct what they told them Then you have the problem of managing dozens of balances across as many exchanges, which is left as an exercise for the reader :. Are there any particular sites you follow to find out about bonuses? I could explain it here, but you're better off reading the Investopedia article. PythonException: NameError : global name 'foobar' is not defined.
The next two blocks splice the last 21 and 84 closing prices from the data frame and calculate the average. I'm not implying Robinhood is a Ponzi, btw, but I think what it did here by actively misleading the public is really gross and I've lost all respect for the startup and will never give them a cent -- "free" trades or not. Determining where it should gold company stocks india free day trading advice held. I started testing a LSTM neural network to optimize the gains and reduce the risks, still early but seems very promising. Specifically, the following code is all that is required to make the equity data available. Reasonable efforts are made to maintain accurate information. HFT is best way to use tradestation dixie marijuana stock type of algo trading where latency is one of the important rules. Therefore you can be an options seller why is etf bad can robinhood block your trade calls and puts to get high premium, expecting that before the options expire, the IV of the underlying will decrease, making it more likely quantopian robinhood options that pays 18 percent can keep the credit received from selling those high-IV priced options. So they don't have a salary pool large enough to pay exceptional people exceptional wages. I'll say that the typical consumer in my country uses intra and inter bank transfers nationally for quick payments between other consumers instead of say handing a mate a 20 dollar bill you'd just transfer it. It's almost a whole different ballgame. Not PP I just discovered his writing recently, and he publishes a daily newsletter that's, more often than not, all of funny, interesting, and informative.
Doing things doesn't really earn money these days. IB provides a Contract and Symbol database for users to find desired contracts. Proportionated means the decision is not binary. This in turn means that they would have to just pay depositors out from their VC money until they attract that type of customer that could support their interchange revenue assumptions. But before I became developer, I have a significant background in traditional finance. HFT it might be a wrong assumption. One of the most obvious and biggest disruptions that still hasn't happened is to let you set a custom portfolio on autopilot. Fair one mate. It's simple, it's not that sophisticated, but it is consistently profitable. Big moves either up or down would be profitable. Tearsheet Editors June 25, Ok I'm a sell on this. Different intervals have been derived for emerging markets. Forge36 on Dec 17, This could possibly be a viable option for coins that don't see a lot of volume. Avoka provides financial institutions with digital customer acquisition software that helps improve customer experience and boost conversions. It seems to be one of two options, IMO: 1. ASinclair on Dec 17,
The problem with the product is much deeper. If yours is not, then PL doesn't matter at least, in the respect the parent was discussing. Unfortunately I got tired of that world around and moved to the food services industry. I think they meant that it needn't be a software implementation. Trading volatility might imply that he's buying options in both directions. Like us on Facebook Follow us on Twitter. You're taking a very conspiracy-theory view of the situation. Keep it simple. No trade commission fees No account maintenance fees No inactivity fee No bank transfer fees incoming or outgoing No account transfer fee incoming. ASinclair on Dec 17, CobrastanJorji on Dec 17, The world of technology has made me cool with entire industries built around ideas that sound like they're out of a comedy skit. I've often been told the same thing you can't beat HFT, large firms, etc but in the end it's not about beating them. My reaction was, "What were they thinking"? Not all of cash can be used for trade because pending orders, if any, will decrease portfolio margin.