Recent content by Mr.Wahdy

I manage long-only and long/short strategies for SMAs on IB, and can confirm that it's a bit of a challenge. Accounts do not perfectly mirror the model portfolio. For example, sometimes when I look to exit a position, I'll submit the order with a percentage allocation of -100%. Some accounts...

Well, they aren't perfect. :P Good point about accuracy of data, though. I come from an i-banking background and am used to having to verify statement and economic info, but tick data is a lot more intense.

This. You also need to specify your trading mandate to make it very clear as to what you will trade, when you will trade it, and for what reasons. Do a few backtests (use out of sample data as well) to show your potential and compare it against major benchmarks (S&P, NASDAQ, etc.). Then...

IBAdaptive is pretty solid for what it does. I really just use IB to route and submit orders, although would be happy to replace with a better OEMS like RediPlus (may consider after they integrate with Eikon). Java is too clunky to work with, and for investment ideas I like to extract data and...

Lol @ money.net as a Bloomberg comparison. The problem with all non-Bloomberg products is that they offer very little value that you can't scrape Yahoo Finance or other free providers. Bloomberg has an OEMS platform for trading (if you trade across multi-brokers), gives you quotes (fixed...

I'm just north of San Francisco. Feel free to PM and we can chat.

Tsing, what metrics are you using to base your statements on? Also, what is your recommendation for Japan?

Good question. My firms edge comes from modeling scenarios across price. For example, what impact might there be on AAPL if the USD drops 20 bips? We try to make our models as sophisticated as possible without forgetting credo that it is better to be generally right than to be specifically...

If you can't convince them, confuse them.

Easy boy, I'm not selling anything.

Looking to add some flavor to my current IB contact list. I'm a trader and owner/Managing Director of a small RIA based in California. Looking to expand my network to include people outside of the sellside world that I lived in previously.

And then some people are just wrong, Peter Schiff being one of the latter.

In my defense, your posts could put just about anyone to sleep.

Tsing, you probably fell asleep in your WACC class, or stock buy backs financed by debt would at least be familiar to you. Debt is not inherently good or bad, like most things, it depends on the price. If the US Gov't can borrow for 0%, then they should and spend that money on increasing future...