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You've implemented the API... And you are capable of scrapping out-of-date IB info sites... But you can't code a simple loop that C/R decrements your size until it is sent successfully?

Yes, for Pro Traders... not bloggers. On a normal open... I probably have 300-400 Automated orders out there... And do at least 50 trades in the first 5 minutes... Many of them freakish ez money auto-scalps that would never happen latter. You should be doing 10-15% of all your volume <...

This is 3 year old technology... If you can't afford an off-the-shelf sub-$2,000 box that's 5 times faster... Why should anyone take you seriously?

Actually, not really true... Only the "lunatic fringe" is buying guns and gold. Hyperinflation scenarios are not taken seriously in Business Media. My point was.... That long-dated OTM puts are 100 times the cost of long-dated OTM calls... The Global Financial system is making...

It has nothing to do with democracy... And everything to do with a decline in "culture" and morality. For example, US culture as driven by Hollywood... Celebrates all manner of evil and rejects all traditional religion... Resulting in a society based on narcissism, entitlement, cheating...

Still reading Barron's? While watching 80s Wall Street Week on VCR? Those monologues were the Real Holy Grail.

The entire financial system... Right down to the bazaar beggar... Is all loaded up with EXPENSIVE puts and CDS and long vol... Waiting for the next Deflationary Crisis 2007-9 Redux... This is not a Black Swan if everyone is expecting it. Conversely... A Hyperinflationary Crisis would...

FDR seized all US gold in 1933 with Executive Order 6102... At an inflation adjusted price of $587. "Hoarding gold" became subject to 10 years in prison. Obama is more radical than the "saintly" FDR... If he gets a 2nd term anything is possible. BTW, tripling $587 in 80 years...

One word = overfitting "Overfitting generally occurs when a model is excessively complex" http://en.wikipedia.org/wiki/Overfitting

Yes... and no. Even a simple trading approach that works... Is worth 1000 sexy retail trading platforms. On the other hand... It's all about execution, execution, execution... And that usually means CUSTOM infrastructure in 2012. Most platforms discussed here are "retail"... Not...

The platinum device give you 4 tries... then locks you out. Since there are 200,000,000,000 possible combinations... With the PIN increasing that even more... Only an complete idiot or a sadistic corporate culture... Would leave the Lockout Threshold at 4 all these years.

It's actually hours or days (sometimes weeks). Months is not trading... it's investing. In today's EFFICIENT markets pairs/basket trading... Is more a way to keep a portfolio market neutral... While one scalps continuously and captures the spread... Then the profitable cash cow it was...

Lower liquidity means higher spreads... Seems like a feature, not a bug.

Because of contango... VXX erodes at the rate 10-15% per month... Assuming VIX stays around current levels. That means if VIX stays at 5 yr lows for another 6 months... VXX will get cut in half to < $10... Which is why you are seeing big action in sub-$10 puts. VXX is basically a...

Borrow rate changes from day to day. You probably have to be a BD... With a favorable contract with your Clearing Firm... To do better then retail via IB... The Stock Loan business is very sophisticated these days... With borrow rates set on Stock Loan exchanges. It's a huge profit...

I see borrow costs at IB of 20-40% all the time... The short borrow cost on these ETFs... Should go high enough to eliminate the arbitrage.

Mean reversion is largely misunderstood. It means a security... Returns to a historical "Fair Value"... Relatively to other RELATED securities. That means is can work for niches... Of strongly correlated securities... Say, for example, the universe of all REITS... But is completely...

These are slap-on-the-wrist fine amounts... Basically the minimum you could get for a full investigation like this... Something you might get for improper books and records... For something that is *** shady on so many levels ***.

I'm talking stocks... Stats Arb and Reversion To Mean used to be very profitable... 10 years ago you would make "easy" money from: (a) the reversion if your quant analysis was good (b) the spread It was about 50/50. Today, it's just the spread... The quant analysis, etc... just...

This assclown has > 4,000 posts... It's why ET is now a complete waste of time.