|
|
|||
|
||||
OverviewTHE REAL GAME IS NOT ON YOUR SCREEN.You've been sold a dream: the freedom of trading from home, beating the market with nothing but a charting platform and a few clever indicators. But the data doesn't lie: over 97% of active retail day traders lose money. Why? Because you are playing a game of skill, while your opponents are playing a game of physics, capital, and engineering. Latency, Liquidity, and Scale rips the curtain away from the mythical ""lone wolf"" trader and plunges the reader into the world of institutional finance, revealing the insurmountable, hidden advantages held by the true market movers: High-Frequency Trading (HFT) firms, Quant Funds, and major Wall Street desks. Inside, You Will Discover the Structural Truths That Render Retail Day Trading Obsolete: Latency: The Microsecond Moat Uncover the technology that makes human reaction time irrelevant. Learn why firms pay millions for co-location-placing their servers directly inside exchange data centers-and how they use FPGAs (custom silicon chips) and private microwave networks to literally bypass the speed of light in fiber optics. The Giants see the price milliseconds before you do. Liquidity: The Business of Being Faster Understand the low-risk, high-volume strategies that generate guaranteed profits. Discover how Market Making captures the bid-ask spread millions of times daily, and how structural arbitrage uses speed to exploit guaranteed price differences. Learn the shocking truth about Dark Pools and the process of Internalization, where your broker sells your order flow to the Giants, who then trade against you for a reliable profit. Scale: The Unassailable Barriers Meet the Quantitative Elite-Ph.D.s in Physics and Mathematics-who write the algorithms, not the guys who read candlestick patterns. Grasp the overwhelming financial barrier created by multi-million dollar regulatory and hardware costs that no individual can match. The Final Verdict: This book is not about how to trade; it is about why the odds are stacked against you. It explains how your use of technical indicators and stop-loss orders is often anticipated and exploited by machine learning models, turning your protective measures into guaranteed profit for the algorithms. By understanding the battlefield, you can choose a winning strategy. Latency, Liquidity, and Scale provides the unvarnished truth, empowering you to leave the destructive short-term game and embrace the long-term, statistically proven path to wealth accumulation. Stop fighting the algorithms. Start investing like a winner. Full Product DetailsAuthor: Rex ZhangPublisher: Independently Published Imprint: Independently Published Dimensions: Width: 15.20cm , Height: 0.40cm , Length: 22.90cm Weight: 0.100kg ISBN: 9798278481461Pages: 66 Publication Date: 12 December 2025 Audience: General/trade , General Format: Paperback Publisher's Status: Active Availability: Available To Order We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately. Table of ContentsReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |
||||