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Obama is the most thinly veiled Leninist ever. If he wasn't such a PUSSY with his golf and celebrity obsessions... And, instead, had Putin's or Stalin's or Castro's single-minded STEELY vision... The American experiment would be over already. But Obama is so inexperienced and inept an...

This is an engineer's idea of professional trading. If you are paying "slippage" = paying bid-ask spread... Then you are increasing your commission by 200% to 400% and up... And are totally screwed in the long run. Instead of paying $0.003/share... it's really $0.008 or $0.013 or...

Non-pro perma-bears... Are people that assume the fetal position... After learning just enough financial jive... To "sound intelligent", but only to other non-pros. Buying gold = assuming the fetal position... Because there are so many ways to make BIG MONEY from a Crisis. When US gold...

Ya man, ZH has been wrong 99% of the time since it's founding... Perma-bears, in general, are wrong 99% of the time. Obama and Bernanke can and will devalue the US dollar forever... So you could see Dow 100,000 before you see Dow 10,000. But priced in real assets Dow is a dead horse.

Ya man, if you can't develop professional quality Custom Software... You may as well be performing brain surgery on your cat... It's roughly the same level of stupidity.

There's a reason free Avast has 200,000,000 downloads on cnet... It's the #1 anti-virus in Europe... I've used it on countless PCs over 6-7 years. Just get the free version... Paying $500/year for commodity anti-virus software... Is the biggest scam in the world.

Rules of Successful Traders (1) Keep it as simple as possible. (2) Execute with professional judgement and infrastructure.

It tells me nothing about software quality. I have about 10 partners... So at most about 10-20 people visit my PRIVATE website... And I have an Alexa ranking in the 3,000,000 range. But then Deltix is around 1,900,000... So maybe Alexa resolution is sub-optimal. Trading expertise and...

You don't understand XIV. XIV is designed to inverse track VXX *** INTRA-DAY ***... That means from 9:30 to 16:00. XIV does not track anything over the long term... Because you have to rebalance DAILY to VXX.... And you are paying huge rebalancing costs... Which is similar to paying...

So after 10 years you have Alexa 8,839,991 ranking.

It has nothing to do with "deregulation"... It's all about changes American social culture since the 60s... Mirrored in TV shows and movies and commercials... Where "work ethic" has been replaced by an "exploitation ethic".

This.

No, ETFs and CEFs are completely different. ETFs have a specific NAV + a specific arbing mechanism... So an ETF's NAV is arbed all day long by robots. Assuming a CEF has no redemption date (which is most)... It's "NAV" is almost completely meaningless... Since it can't be arbed or...

I'm the opposite... A veteran stats arb specialist... Which pretty much defines all Market Makers today... And view limited Vol hedging as a good complement to a market neutral Portfolio.... And, yes, I stayed market neutral 2007-9 and summer 2011. Let's say you have a 90% correlated pair...

This response is more to the point. You make an assumption that I'm net long stocks... And hedging that with short Vol. No, I'm very diversified market neutral stocks... And hedging that with short Vol... Plus I'm scalping Vol all day long... Though not so much the last 10 days near...

You didn't understand my post... Fifty cent terms and $3.50 will buy you a coffee at Starfcuks. My Stats Arb Portfolio primarily throws off profits from hi-volume scalping... The days when you could live off reversion to mean are long gone. And scalping profits go up dramatically with...

VXX cannot be viewed in isolation. It's traded as part of a more complex hedging program... Where you buy this, short that, hedge with options... And then scalp the daylights out of securities with the biggest spreads. If you are not hedging baskets... And scalping like there's no...

As a software engineer who's made > 2,000,000 trades in 15 years... And work with the IB API extensively. I've been following you on/off for about 5 years... Since you were working on your poker server. You are a certified genius 10 as a software engineer... (I'm only a lowly 8, but I...

Relative to the many alternatives... Buying VXX is always stupid... You are either short VXX... or you are on the sidelines. You're post reminds me of the line from BB... "This is a non-criminal's idea of criminal behavior"... Your suggestion is a non-traders idea of trading :)

You should call the London Olympic Committee to organize your Portfolio.