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Interesting thread. I think mean reversion is more for sophisticated quants. CTAs are historically not quants. If the CTAs started off as floor traders, they aren't likely to be educated enough to do quant stuff. I don't think commodities markets are unsuited for mean reversion strategies...

If the platform is down due to high volume, I would expect the phone lines to be jammed as well. Lots of panicky traders will be calling the brokers by phone to sell down their position. I seriously doubt there will be enough human operators to answer the phone. The safest is to have a reliable...

I was not in the market during credit crisis in 2008. Even Interactive Brokers had problems? Cannot log in at all? Sounds worrisome.

I think IBKR's margin requirements are usually higher than the exchange's margin requirements. If we pay exchange minimum, wouldn't that be lower than IBKR's?

One nightmare I have as a retail trader is to be locked out of my trading account because the broker's platform broke down as a result of very high volume. Were there any brokers who suffered technical problems this week? It will be good for clients to know as this is an important factor when...

What does removing intraday margin mean exactly? Suppose the notional value of a futures contract is $100k. Does it mean when I initiate a new position in this contract, I must have $100k cash on hand?

I have never rolled over a futures contract. I would like to consult the experienced traders here who have done it before. Which is the best day to do roll-over? I came across this article. It says the rollover day is 8 days before expiration. Is this correct? Can I do rollover 1 day before...

Thanks for your insights. Would you know what are some of these jobs? I will like to pursue them as a career. Wonderful characteristics like fund managers. Collect money like "parasites" during non-productive period without having any fear of losing jobs. I do not doubt you that such jobs exist...

An investment writer who wants to be taken seriously should also have a good investment record. I hate to read investment books that sound like a summary of what is written by other writers. A good writer needs to write original stuff. Only those who invest on their own can write original stuff...

What is Nassib Taleb's investment performance since 2009, given that many prominent hedge fund managers seem to have faltered in this bull market?

Sounds reasonable. This reason seems to work on many rich investors. How I wish I can use the excuse on my employer. "Boss, I underperformed this year. But next year, I may outperform. You never know, so continue hiring me at top dollars. You'll regret if you sack me. In the mean time, I have a...

Thanks for the replies. HOpefully, it never happens.

Suppose I sell a stock today. Tomorrow, the broker announces it has gone bankrupt. Settlement takes 3 days to settle and cash from the sales has not come in. What happens to my money? Will I still receive it or should I just bite the bullet and write the money off? I am using Interactive...

Interesting and inspirational story. How much capital did you need to get into full-time trading?

Thanks. I understand it better now after reading your reply. What Seykota meant was we get what we want on a subconscious level. Nobody consciously would want to lose but some would want to lose subconsciously because they felt guilty about it.

In the market wizards book, Ed Seykota mentioned "everyone gets what they want from the market". All market participants that I know enter the market to win and not lose. Yet, most of them lose. I'm sure I missed something that Mr Seykota can see. Can elite traders who can see deeper share your...

https://www.reuters.com/article/us-ge-stocks/ge-shares-stumble-to-worst-week-since-financial-crisis-idUSKBN1F82BG NEW YORK (Reuters) - General Electric (GE.N) shares tumbled for a fifth straight session on Friday, sending the stock to its biggest weekly percentage drop since the financial...

Mr Einhorn and Mr Ackman have already made their billions. Losing now has little personal financial impact. Impact is more on the ego today. https://www.cnbc.com/2018/01/18/rising-hedge-fund-stars-are-crushing-the-market.html Einhorn's Greenlight Capital fund returned a meager 1.6 percent in...

I am getting end-of-date data from Reuters Datalink. I am looking at their S&P E-mini continuous contract. https://www.metastock.com/products/endofday/reutersdatalink/

During the 2008 financial crisis, SEC banned short-selling in financial stocks. Throughout financial history, short-sellers get the stick from regulators during financial panics. Short sellers at that time did not expect such a thing can happen because allowing short-selling is important for...