I don't need to e-mail you or go underground & whisper warning signs etc.
Just think about it for a second or two!
These guy's draw a huge audience into their pen, yeah? For which they charge each subscriber a large mug of $$'s for their services?
Their prime audience are small pockets of under-cap retailers who no doubt, are executing via the "traditional" mainline dealing desks.
You think these (broker) desk jockey's at the shops don't know about these price pump merchants??
Why d'ya suppose they all put the skids under the 'bracket order trigger' on their platforms, not guaranteeing fills/stops etc?
This Felix character (& his hoppo's), if they're
ACTUALLY triggering these trades themselves (which is highly debateable), will have access to tier 1 platform execution.
They'll also be wired into high grade squawk-relay terminals kicking out the data release info + a couple dudes with a programme matrix on hand to assist with pricing in the
skew regards the actuals v/s consensus readings on the Grade 1 data, in order to get a feel for the spike (& any follow thru) potential which the data prints.
So, they're already several levels above you regards their software/hardware machinery + (if they're ex-Bank) they possess infinitely more experience of the playground.
Hell, we can't always catch a fill even on the secondary spike - & we're hauling our asses round Prime Broker facilities, so god knows how the average retailer shooting off a low key retail shop board can boast of all these wonderful pip collections LOL. And to boot, we know what we're doing (most of the time).
Another thing: What happens if/when this dude closing up shop?? Where do you go then?
Do you have an in-depth understanding of what he's looking for on every possible occasion if the data prints slightly out of synch? How does he prepare for any anomalies in the number?
What back-up does he/you have if his station locks up?? Which alternative station will he/you hedge against in that scenario?
What kinda relationship does he/you have with your rep at the broker??
Do yourself a favor, go get a proper education & learn about the internals & externals which affect your favored market. Experiment with a cross range of timeframes & tools to give you a flavor of what might suit your
PSYCHOLOGICAL persuasion.
Do as Ez mentioned & demo a few strategies to get attuned to the climate. You have a whole sackful of grind ahead of you if you wish to persue this business on a realistic levlel. And it's gonna take you a whole lick of time!