Search results

  1. L

    Why are Long systems more lucrative than Short ones?

    Perhaps because there is a long-term uptrend in many financial instruments due to inflation alone?
  2. L

    What is RICH?

    In other words, you say "being rich" has nothing to do with wealth and has everything to do with marrying an undemanding person and having high self-esteem.
  3. L

    priceactionlab questions

  4. L

    Where to Park Brokerage Account Cash?

    FrankSlaughtery is right (though I dispice his or her name). In the current low-rate environment your best return is the value of your cash preserved. So, you either choose investments where the ownership is in your name (in case the broker goes bankrupt) or you go for investments that beat...
  5. L

    priceactionlab questions

    I am playing around with a PriceActionLab demo now.... There is no way PAL goes through all possible 6-bar patterns in the way of brute force. Does it apply some kind of patter groups?
  6. L

    Broadband Problem / Load Balancer

    In fact, if you are scalping a dozen of instruments manually and are wantching a dozen more indices or instruments, even dial-up bandwidth 56k is almost sufficient. Your main concern should be not bandwidth but latency.
  7. L

    Hedging currency risk

    I think Martinghoul gives the best advice. As Dollar appreciates, you loose on the hedge but you should be making what you looseon appreciation of you dollar investments. A few equity brokers offer currency transactions in the same account. For example, if you have cash in GBP and want to buy...
  8. L

    Bye Bye Eurex DAX et al.

    I don't think there will be any major change as far as futures are concerned. Both trade matching system and settlement facility are already based in Switzerland - outside the catchment zone of the proposed tax. Further, market-makers will be excluded from the tax as usual.
  9. L

    list of backtest platforms using .NET

    Just for a reference, the platform doesn't have to be implemented in .NET itself in order to allow using indicator/trading strategy code written in .NET. NeoTicker supports .NET natively and AmiBroker via http://www.dotnetforab.com/. I'm sure there are many more platforms. I would...
  10. L

    Anxious Greeks Emptying Their Bank Accounts

    There is no evidence high inflation helps boost economy... but there is no doubt it it devalues savings. In fact, inflation has 2 noticeable effects: 1) It is one of the primary reason of bubbles. With high inflation people basically cannot save for retirement as any savings will be...
  11. L

    Patterns that work in many instruments

    One fair way to do it is to pay based on the number of hours or days the work takes. Go to a local it contractor website and check what the rates are like. If you want to "fix" the price, you can further ask the programmer how long teh work will likely take and base the agreed price on that.
  12. L

    Patterns that work in many instruments

    The problem with backtests is there is always a chance that the positive returns are just a fluke and not a result of identifiable reoccuring market condition. Having a larger number of trades on the backtest or the idea working on a longer historical period increase confidence that it's not a...
  13. L

    10% unemployment but H1B visas accelerating

    Lithuania is a major transport and trade hub on the way of Russian oil and aluminium to Europe. So, if, hypothetically, all the locals were indeed incompetent the country would still survive and prosper purely due to its geographic location.
  14. L

    10% unemployment but H1B visas accelerating

    You have a strong point. Assuming most H1-B visa holders are from countries like India or China, which don't allow dual nationality, they are reluctant to apply for US citizenship (as they would have to give up their first nationality). For those who want to return on holiday to India or...
  15. L

    10% unemployment but H1B visas accelerating

    Surely, most of those who came to the US 10 years ago either moved to another country or obtained US citizenship. They may have been born outside the US but they are US citizens now...
  16. L

    Alternative leverage methods?

    If you are not located in the US spreadbetting firms are another alternative.
  17. L

    E-1 Visa

    Except for what I wrote above the only meaningful thing "lay people" (i.e. not immigration specilists by trade) can say "I've done it. It worked for me." or "I tried and got a refusal." and no one has done so yet. If you keep this topic up maybe someone will contact you via PM. If you are...
  18. L

    E-1 Visa

    Well, unless you have a very cunning immigration specialist representing you, the authorities would argue that you do not intend (and probably don't even have capacity in the margin account) to accept physical delivery of the commodity when you buy a future contract.
  19. L

    E-1 Visa

    I think you are confused regarding different meanings of the word "trader". E-1 applies to people who facilitate international trade, i.e. import-export of goods and providing services. So, a (prop) trader of financial securities would not remotely qualify...
  20. L

    Possible array question in C++

    Very good point! Regarding the 5-tick range one needs to define better what "a new 5-tick range is established" means. If you want to build 5-tick-wide "bars" it is gonna be tricky because, when you move from 1081-1085 bar to 1086-1090 bar, the price can wander 1 tick up - 1 tick down for a...
Back
Top