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Why don't successful algorithmic traders do that?

Posted: Wed Jun 05, 2024 6:19 pm
by ionone
If I had a working EA, I would share it with everybody, but with a small lag of maybe 20-30 seconds for every entry
this would ensure that the profits remain approximatively the same for everybody, but i would be still the first in the game
so my liquidity would be untouched.

but the amazing thing is that a lot of people would all enter in a Buy (let's say) a few seconds after my order is opened thus making the price go UP (which is what i'm looking for)
and if I want to exit, i'll then have a lot of liquidity (because a lot of people would be buying at that moment)

but why don't we see that happening ?
I really don't know

Jef

Re: Why don't successful algorithmic traders do that?

Posted: Thu Jun 06, 2024 10:49 am
by boytoy
ionone wrote: Wed Jun 05, 2024 6:19 pmamazing thing is that a lot of people would all enter in a Buy
Like an organized pump and dump?

Re: Why don't successful algorithmic traders do that?

Posted: Thu Jun 06, 2024 10:52 am
by ChuChu Rocket
boytoy wrote: Thu Jun 06, 2024 10:49 am Like an organized pump and dump?
On Forex pairs? 😂

Re: Why don't successful algorithmic traders do that?

Posted: Thu Jun 06, 2024 10:53 am
by boytoy
ChuChu Rocket wrote: Thu Jun 06, 2024 10:52 am On Forex pairs? 😂
Why the fuck not??

Re: Why don't successful algorithmic traders do that?

Posted: Thu Jun 06, 2024 11:24 am
by Jimmy
boytoy wrote: Thu Jun 06, 2024 10:53 am Why the fuck not??
In a $5 Trillion dollar market your $1000 pumps won't do anything.

Re: Why don't successful algorithmic traders do that?

Posted: Thu Jun 06, 2024 8:26 pm
by ionone
also what could be also done, is to trail en entries by using random delay. so that other people won't enter at the same time
this would gradually make the entries spread out

Jeff