Recent content by Rod Shaft

I sacrifice a goat every morning. Only way to keep dem trading gods happy (and trust me, they can get very angry).

So I was reading an interview in zerohedge the other day and this caught my eye... http://www.zerohedge.com/news/interview-high-frequency-trader A second example: HFTs can model other traders’ behavior. When someone trades through Scottrade or Interactive Brokers, their order has a...

Looks like more propaganda... http://www.youtube.com/watch?v=Bd_U2mnHqMU

Kenneth Rogoff came out against FTT last week... http://blogs.reuters.com/great-debate/2011/10/03/the-wrong-tax-for-europe/

Why is it that nobody ever mentions these professions when discussing the elimination of parasites from the economy?

You know, you might just be right on that one. If for example Italy unilaterally imposes FTT it will fail miserably (like it did in Sweden, who now oppose it). Then perhaps the layman will clue into the fact that it's a terrible idea, particularly at percentages so high that they effectively...

On Bloomberg, use the security (or the function lookup). Everything they have should be in there. Then if you type FLDS<GO> it'll show all the fields available for a security. You can also get a live chat going with their help desk.

It seems to me like what is unfair is not algorithmic trading itself (after all, anyone can learn to program and come up with a strategy), but the fact that some are able to execute trades with less latency than the public could ever hope to achieve. The quality of the algorithm should be the...

I always use manual scale charts. That way you get better perspective on the current volatility.

actually, part of the reason for the continued u.s. presence in south korea historically has been to prevent the south from attacking the north. and south korea has a very powerful army, i'm sure they could easily take out the north. the only problem is that seoul would be flattened.

it's all a slippery slope leading up to the no downtick rule

He's probably just trying to scare people contemplating voting for the Liberal Democrats into voting Conservative. Thoughts?

people on elitetrader should all get together and share data files. vendors charge too much and it should be free anyway. i have 1-min data for all those markets if you want to pm me btw.