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Thanks for considering a new approach to trading.

For a 14 day free-trial please complete the form below (no credit card necessary).

If you would like to subscribe SceetoBots are available for $47 per market/month for each computer that you are running them on.

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During your trial period, you will have access to all markets and all algorithms.

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Thanks For Participating In Our NinjaBots [Beta]

I appreciate the time that you invested by participating in our NinjaBots Beta.

In order for us to make the most out of our collective effort, it would be helpful for us to understand your experience so that we can continue the evolution of bot-centric trading.

If you could take 5 minutes to fill out the following form, it would be greatly appreciated.

You can fill out the form anonymously, or you can enter your name, and/or, e-mail address

  

Please feel free to reach out to us here with any questions that you might have.

Thanks,
Carl

 

...sceeto Better Data Suite | A mind-bogglingly elagent conglomeration of order flow, price action, support\resistance

Our newest offering, available with a great Early Adopter Discount for a Limited Time!

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...sceeto Classic | Our Tried and True Order Flow Indicators

Dont Fight The Tape - Use Better Data!

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...sceeto S&P 500 Price Magnets | Freebie

NinjaTrader 7 version here

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The trading world has changed dramatically over the last decade and it may be time for you to adapt your trading style to this reality. Here are 7 sound reasons why you should consider incorporating order flow information into your trading strategies.

1.

Professional Trading Algorithms Have Very Big Brains

Let’s face it, the top HFT and quant firms maintain significant benches of PhD's and computer programming whizzes.

Reality Check 01 | You are not going to write trading algorithms that are smarter than those being produced by the top HFT players.

2.

Algo Trading Has Become A Great Arms Race

As Michael Lewis demonstrated in his book, “Flash Boys”, the high frequency trading firms are quite willing to make significant capital investments in shaving microseconds, and even nanoseconds, off of their trade execution time.

Reality Check 02 | You are not going to get your orders filled faster than the top HFT players…so working trading strategies that are contingent upon fast fills is fruitless.

3.

More Data Means Better Information

The HFT and quant firms are looking at vast amounts of data – much more than you can bring down from the internet and process on your PC. These trading firms have access to significantly richer data sets to mine than you and this puts you at an information disadvantage. Do you envision that these firms are using this information advantage against you?

Reality Check 03 | To execute in the same markets as the HFT players you will need access to better information than you are currently using.

4.

Deeper Pockets – Better Risk Algos

Risk management is whole lot easier when you are highly capitalized. Risk management is even easier when you have a suite of algorithms constantly monitoring your positions and adjusting your trade risk automatically.

Reality Check 04 | Most traders don’t get into trouble because they have less than optimal risk management methods, they get into trouble because they don’t strictly adhere to their risk management methods. Instead of cost averaging or stopping out they double-down on losers and hold them too long.

5.

Steady Wins

HFT and algorithmic trading firms look for steady wins – they don’t swing for the fences. Their models detect very high probability setups and their trade execution algorithms manage these opportunities accordingly. In and out and in and out. They are always incrementally increasing their profits and moving on to the next trade.

Reality Check 05 | Many traders find themselves into trouble when morph a short-term losing trade into a longer term ‘wait and see and hope’ trade. 

If you have done this in your trading you may want to take a hint from the quants and look for consistent, yet small steady wins. Cash flow is the goal not overnight riches.

6.

No Tears

HFT trades are executed using strictly programmatically generated orders. There is no second guessing, no missed information because they took a phone call or got drowsy. The trading bots are not ‘ruthless’, they just don’t have any emotions.

Reality Check 06 | The HFT bots know what they are doing. If they are doing something, they are doing it for a well researched reason. Do you think that if they are doing something, it might behoove you to be aware of, and perhaps piggy-back their activities?

7.

The Counter-Party to Your Trade is Not Your Friend

It is unlikely that the counter-party to most of your trades is a retail day trader, or a pension fund buying long term investments for the hardworking school teachers, police, and firefighters of the world. 

It is more likely that the counter-party to your trades is a well informed, well capitalized trading bot who knows exactly what false technical analysis signal provoked you into clicking the Buy or Sell button on your screen

Reality Check 07 | The HFT bots know what you are doing. They are watching the order book and they know when a potential supply and demand imbalance can trigger an extended pulse of Price Discovery. Do you really want to be trading against these bot or do you want to be trading alongside of them?

8.

HFT Has Figured Out the Game For You.

The level of effort that was expended to develop and mature the electronic trading markets and the algos that dominate them is staggering.

This electronic market and algo build-out consumed some of the greatest minds of our time and the largest pools of capital in existence. It is a magnificent thing to behold. It is an effort that no one of us could even imagine accomplishing….yet the benefits of all of this work are available to those traders who are smart enough to see, and seize, this opportunity.

Reality Check 08 | Tada! Game Over. Slam Dunk. You no longer have to compete in hand to hand combat with these trading bots any longer. You can simply follow their lead. Our work has uncovered repeatable sequential patterns of order flow that coincide with price action. You, and your trading, can leverage the magnificent effort that was expended in building out today’s electronic market places.

 

 


Same Setup - Different Day

 

 Same setup -

 

Check Out Our Blog For Current Trade Examples That Were Inspired By Following HFT Activities