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15839224 No.15839224 [Reply] [Original]

does anyone have an arbitrage trading bot?

>> No.15840207

>>15839224
yeat just download this apsaeta.com/tradingbot.exe

>> No.15840254

>>15839224
reported

>> No.15840267

>>15839224
Arbitrage is a shitty game. Why not just do normal trading?

>> No.15840903

>>15840207
lulz

do 4channers download exe reccomnded on this shit board?

>> No.15841598

>>15840267
>gambling my money

>> No.15841614

>>15839224
there's plenty of videos on yewtube showing arbitrage bots in action at the peak frenzy of 2017-8 and they struggled to make any bones then, can't imagine its any easier now

>> No.15842008

>>15841598
What is risk management?

>> No.15842094

>>15839224
Yea, the brokers and their partners at the market making firms that trade against and front run you have plenty of arbitrage trading bots. They're the best you can get too, because they're based on serving your dumb ass the SIP/consolidated quote (the price they show everyone else) while they utilize the direct price (the real price). So they execute on the direct against whatever you're doing on the SIP/CQ. Good luck!

>>15840267
You don't have any edge or any hope of an edge due to market microstructure in U.S. markets. You have to dig a little, but it's not even THAT big of a secret. There would be people getting thrown off the roof of high rise buildings if knowledge of the truth was more widespread. If you are trading any U.S. market, you as a retail trader are 100% at the mercy of your broker and their real customers (you aren't the customer, you're the product) at the HFTs and market making firms. Your little commission you generate as retail is a drop of piss in the ocean compared to the money these people make for payment for order flow: your order flow. And just so you know I'm not shitting you, here's a taste of the bullshit...

https://www.reuters.com/article/us-citadel-settlement-routing/citadel-pays-sec-22-6-million-to-settle-charges-of-misleading-customers-idUSKBN15204X

People should be rioting because the market mechanism in the United States has 100% been converted into a system of control to protect the wealthy's assets at the expense of everyone else's. I am red blooded capitalist, so don't think I'm advocating socialism, communism, or any of that shit. I just truly feel it is absolutely tragic what they have done to the markets and there is no way it won't have consequences down the line (and quite frankly maybe we're experiencing some of them now).