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I find it hard to believe that a Pro Gambler... Can get scammed by the ludicrous TA industry.

I actually don't remember the last time I had a virus... And this is on dozens of PCs over 6-7 years. Anti-virus is no longer high-tech rocket science... It's purely a simple commodity product. That's why it can be given away FREE FOR PERSONAL USE by Avast... While they charge...

Exactly. That's why Obama and the Progressive Movement... Is a SCAM to entrench an all powerful Political and Media Elite... Purely at the expense of the middle class and the poor. The actual rich (not the fake $250,000 "rich")... Will always find a way to game any Socialist System...

It's easy for a FAT city dude in white suit to say, "Become a farmer"... And live at the mercy of weather and insects and wolves, etc.

The Gross piece is schizoid at best and a waste of time... It contains various contradictions... And doesn't even try to explain the DEAD CALM in the bond market. Meanwhile... Japan has maintained high debt and < 2% 10 Year yields for 15 years. Romney has promised and will deliver the...

Until you understand this... stick to painting.

Exactly. The costs of Algo trading are so high... That these profits you read about are sheer myth. It's just another Zero Sum Game... With 2% winners and 98% losers. The big winners have always been infrastructure vendors.

What tipping point? USD makes up 61.9% of global Central Bank reserves... Down slightly from 62.1% in previous quarter... Hardly a run on the bank. Only alternative is EUR at 25% and decreasing... Not to mention EUR living on borrowed time. Everything is relative...

Like Jim, most people are homeless by choice = enjoy the freedom... Jim teaches Cantonese to all the other hobos = very rewarding... It sure beats hanging out with a sociopath like Soros.

It's all about RELATIVE rolling costs (like VXX vs VXZ)... But you're right... lots of people are on to this... The RELATIVE roll yield between short and medium term has narrowed. That's why you have to be scalping and capturing a spread somewhere... No matter what you are doing.

Just another homeless man... but with good taste in parks.

Great, it makes hedge ratios more stable... Now back to 10... the only question is how long.

I can't believe idiots are giving cancer advice on ET... And even bigger idiots are defending it... Considering that > 95% of the trading advice here is sheer nonsense.

If you are self-taught as you claim... Then you code would be unmaintainable by ANY Third Party.

Why would that be a general case... If the front month is rolled daily in a linear way by an equal amount. So today you have expiration... is there any predictable behavior? i have a feeling you don't realize how big contango is. It's not 1 2 or 3 % loss per year. It's 10-20% loss PER...

People view this too simplistically. You should ALWAYS be: (a) building a hedged position (pair) (b) scalping continuously both long and short sides (c) doing so with a high degree of Automation So before you finally exit a good one... You've made 100 or 200 trades or more over...

.NET is highly optimized after, what, 10 years... And code designed for speed by a competent engineer will match almost anything... And be infinitely cheaper to maintain... Which is a huge advantage when Algo Engineers are way up there in 6 figure land. And "optimizing" means managing the...

Finally, an intelligent post. Trading is a COMPETITIVE game... Where you have roughly 2% winners and 98% losers... If you account for the millions that have lost and quit. Also, the Securities Industry actively promotes the falsehood... That any idiot can make money trading or...

What's wrong with this picture? - Russian trader for 16 years (imagine phone bills pre 2000) - trading is like a marriage - meets random programmer who codes world class algos - calls algos "robots" - algos not augmented by manual intervention I call 100% bullshit.

In low volume stocks there is no "reserve"... Virtually all trades in 100 to 500 share range... And that often routed in 100 shares lots to many different ECNs. In lower volume stocks with decent spreads (< 100K volume/day)... Pros are actually competing with specific other Pros. So...