Recent content by opmtrader

I traded Iron Condors early on and found that without "legging into" the spread, the risk to reward was just not that appealing. Once I realized that I was spending the bulk of my effort trying to use directional insights to better my price I took as step back and just went with straight...

I would echo what others have said, especially man's point about compressing the same number of trades to "converge" to profitability faster. You can generally reduce variability if you can shorten your time frame effectively, add more trades, and still retain your edge. This positive effect...

"nitro", anyone I deal with will come to know me personally. I have collaborated with many individuals through ET, both online, on the phone, and in person, who all know who I am. I've had traders to my home whom I've only had a few conversations with. I prefer my privacy online. Its just...

If my money management preference throws you, don't worry about it. Just be sure not to rollover profits. This puts undue importance on starting point of the backtest. Find a way to keep your trading results consistent across time. If your performance stands out enough we can address the...

No it does not necessarily have to be in production. Of course this would mean that our realtime verification time would probably be extended. In terms of the money management, I would ideally like you to simply trade the futures price as if it were a stock price (shares = 1,000,000 /...

This was posted during the weekend. Just bumping it for those who may not have seen it.

Well, since we are on the topic ... I am currently searching for system traders whose systems could be a worthwhile addition to a current system portfolio I am managing. The firm I work with is seeking to build a wider portfolio of systems in order to benefit from greater style...

Dan, Tick level data is the most accurate way to backtest, but you can simulate order fills with X minute level data. It all depends on what you are doing. Testing indicator based systems can be difficult as you are tempted to do the mid bar override in realtime trading. The easiest...

Acrary, Please drop me a line at opmtrader@yahoo.com. I have been trying to track you down via PM. I have a legitimate trading opportunity that may interest you, somewhat along the lines of your first post in this thread (i.e. opm). I hope you will be in touch. I am deeply saddened...

nononsense, the thought of a computer fire has always scared me. I once investigated a halon system to put out fires, but was dissuaded when told that it can be poisonous if you are around for the fire. Not sure what is the truth. gnome, I agree. Unfortunately, dropping >$500 on a drive I...

I just answered my own question. According to the net, only 36 cents per day for an average computer to run hard for 24 hours a day: (150 Watts * 24 hours * $0.10prkWh)/1000 = $0.36

I just lost a drive yesterday. Thankfully it was backed up. I am currently having a nightmare of a time getting a new 750 GB SATA drive to work in my UATA computer. Three PCI cards which are meant to handle this have all failed thusfar to do the job. Does anyone know how much money it...

acrary, what an honor to be mentioned. As you know the feeling is much more than mutual on this side. I've been trying to drop you a PM about a potentially worthwhile trading opp but your popularity prevents it. Maybe drop me a line at opmtrader@yahoo.com or a PM if your box gets clear. Keep...

Perception is reality in the markets my friend. Keep that in mind.

Thank you both for sharing. That short futures long T Bills sounds very compelling! I will have to remember that. I am really thinking, what if you waited for a historically high interest rate environment, with a steep yield curve, and set up a fund to do a long S&P + own 10 year note...