Re: TradeStation Limitations for scanning... I had the global server using esignal (satelite real time) running on a dell precision 530MT dual xeon (2x 1.7GHZ) with affinities set to both processors -- its uses about 2% of available CPU Usage. I was scanning about 16,000 instruments in real...
I am not going to talk about Schonfeld becuase anyone who has traded there is under legal liability *not to talk publically in any manner regarding the firm -- those posting may want to be reminded of that.
I will however blanketly denounce all the negative articles posted about the company...
Trading is not zero sum -- if it were brokerage/clearing houses wouldn't exist; the commisions don't allow for trading to be a zero sum game. Its a neg. sum game at best. There are implications though with short selling; the difference in design between equities and future contracts.
Darkhorse et al,
I agree & disagree regarding your stance on backtesting -- I have a plethora of issues with tradestation; I think that Globalserver is unfriendly as an interface, I absolutely despise the fact that you can't backtest baskets (only one instrument at a time), and I think that...
I wanted to point out an interesting point I've observed in "size"; for most correlate the size function as a mystical phenomenon that adversely effects a fund and assign an essoteric theory in a pseudo-quantum manner to sidestep the issue. We all now that volume is a variable in any market...
An ecenomic nobel prize winner (perpahs it was Sharpe) noted that arbitrage opportunity is like a flame -- if an opportunity is present it will burn... spending the opportunity as a fire would consume an element. Arbitrage is like any other conjecture model -- if realized by x amount of people...