Believe it or not, there are many banks and ECNs that haven’t catch up with the latest technology with trading systems. And that’s certainly is a problem for them since out there are HFT firms that are heavily investing in technology and being as fast as possible. The term ‘toxic FX flow’ often has a … Continue reading Toxic flow in forex market
A discretionary trader will still have rules, i.e. a system, for deciding when to enter and exit positions. Most successful discretionary traders even have their rules written down or entered into a trading platform to automatically flag them. Many use software screens to find securities that meet their criteria. Their manual review may consider factors … Continue reading Which is better: Discretionary or Systematic Trading?