hard · Order Flow Analysis

What is the primary risk of overtrading in the E-mini S&P 500 for a retail trader?

  1. The margin requirements will increase automatically with every trade.
  2. The accumulation of friction costs (commissions and slippage) eroding the net edge.
  3. The exchange might ban the account for too much activity.
  4. The HFT algorithms will target the trader's specific ID.

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