Search results

IV> I am actually going to limit myself to the week (Monday-Friday when exotics are traded) so technically I have no "overnights" but a gap will definitely hurt me. Large whipsaws from +100 to -100 are my enemies for sure. BTW guys is there any reference or website when I can read up on...

Ahh I didn't know that. Way to make a client's life hell though in case you need to quickly close out a position for whatever reason.

Cool. I am not trading any where near 50K boxes (I was still under the impression that they limited boxes to 2K) so I am not going to be worried. Speaking of pips, a box I had was hit today. It was a miss box at 1.2912 and apparently the high was at 1.2914 before plummeting to the 1.2770...

Risk> I saw that you were having some issues with Oanda's pricing and software (box blotter, PnL going missing). Were you able to straighten it out with the folks at Oanda? Are you still trading with them?

Thanks for the assessment B. I will take your offer and IM you tonight (I did IM you a few days back but you were on your mobile).

Well decided to take the plunge into boxoptions by Oanda. The strategy is essentially to buy up boxes with high payouts then hedge using spot so that when box is hit loss of box price=gain in hedge. Of course i also need to have a stop loss so that (payment-price)=hedge loss. So the idea is to...

Buffett isn't above "speculation", he does it actively for his personal accounts. In his biography "Buffett: Making of an American Capitalist" it talks about how he didn't have a lot of money while Berkshire was soaring because he refused to sell shares. So he took 50K and built it up to a few...

Thanks a lot.

I am trying to upload some datafiles into Neuroshell but having some trouble. I have data in ASCII (*csv) format but for some reason Neuroshell is not recognizing the format. The data is set up as: Date Hour Open High Low Close Volume I have also attached a...

Scholes already is chairman of his 2billion+ fund (there was a piece of him in a recent bloomberg mag). All of them have nice shops set up by now.

Good luck B. If I have any questions (and you know I do :)) I will shoot you up at your email. I shall not be so articulate but Risk is the man. He has helped me with all my questions even some that are stupid at best.

Whats wrong with Steve using a scientific approach to trade the markets? Aren't you the guy who loves Niederhoffer? He is an empiricist as well who focuses on scientifically approaching the markets(although one that has some issues with hubris which causes him to blow up).

Thank you.

Well a market beating June due to some major gains in the portfolio during the last week: Model: -0.28% Since start of journal: Portfolio: +5.02 S&P 500: -1.05 Dow Jones Industrial Average: +2.17 Nasdaq Composite: -5.82 Russell 2000: -1.03 Wilshire 5000: -0.89 July list posted...

One hell of a hectic week that one. My intial bias during the start of the week was one with a dollar weakening early on before a strengthening during the latter parts after the FOMC forecasts. The first part of the week was correct as was the downturn midweek.But I was caught by the FOMC...

IV> Here is a document I found a while back on dispersion trading: http://www.nuclearphynance.com/User%20Files/2/Dispersion%20-%20A%20guide%20for%20the%20clueless%201.1.pdf Talks about why it worked. It seems that this edge became pretty well known causing that opportunity to end (realized...

So you mean dispersion as in vol arbitrage? For example, short options in the index and long the components? Isn't that field too crowded so that the edge has been exploited (index options are now fairly valued instead of being more expensive than the stocks)? Or am I completely...

Starting next month I shall be able to provide a hedged basket. I have basically developed a short strategy which compliments the long-only model. It can be classified as a contrarian strategy. The results shall be based on a 50% long and 50% short, unleveraged portfolio. The monthly...

If he had any sort of contact with the financial industry he shouldn't have had to rely on Fortune to tell him about Griffin's success. Just your average lawsuit faced by billionaires.

www.riskglossary.com is a nice little resource as well.