760 karma · joined November 22, 2009
So far I see zero benefits for me but lots of moola for JoS.
There's no requirement that it has to be an extra 6 or 8 hr marathon everyday for 6 months or year, etc.
Why anyone would want to copy those other crap search engine layouts is beyond me. Too much clutter. KISS. (Keep it simple...)
A 50/50 split just says I haven't really thought it through what both of us will really contribute. No offense.
If you can find an algorithm that can trade only a few times a day and ride stocks that has a volatility of 1% or more then even at retail commission levels you can still do pretty well as you slowly build up your account to trade strategies that require more churn.
The institutions have to hold on for longer periods and can't really "scalp" trades per se given that the bid/ask volume would collapse if they didn't distribute and "average in" slowly overtime to accumulate a position vs. buying or dumping their entire position all at once.