I run a 12 person HFT group in Denver. This is an excellent description of how an individual can bootstrap themselves into success. Great story, and nicely presented.
The one interesting point that he glossed over is what his indicators were. He wrote, "The indicators that were most useful were all relatively simple and were based on recent events in the market I was trading as well as the markets of correlated securities."
Thank you. I'm looking back through my code and there are really a lot of indicators. It would get pretty technical to explain them. They are all explainable it's just that each one corresponds to slightly different market conditions and I just didn't want to get into it.
Fair enough. Most people considering trying this probably have a few ideas for indicators.
But for anyone coming to HFT from a coding background instead of a trading background, an explanation of one of your indicators would have been fascinating.
The one interesting point that he glossed over is what his indicators were. He wrote, "The indicators that were most useful were all relatively simple and were based on recent events in the market I was trading as well as the markets of correlated securities."
Which doesn't really tell you much.