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  1. syswizard

    Interested in algo prop?

    Hmmm....I don't believe either of those platforms are programmable, are they ? I last used Lightspeed 10 years ago. If so, please provide some links to their API or language.
  2. syswizard

    why energy and mining stocks keep sinking for the past 2 months?

    TOLD YA. http://www.marketwatch.com/story/5-big-reasons-for-oils-plunge-monday-2015-07-06
  3. syswizard

    Interested in algo prop?

    You mean this firm ? : http://avatarsecurities.com/ What platforms do they support ? Equities ? Futures ? FX ?
  4. syswizard

    Can you please recommend software

    But Murray, can it connect to other API's like Interactive Brokers for real-time trading ?
  5. syswizard

    Our Data is Fast, Is Yours? FREE Kinetick 101 Webinar Today at 12 ET

    If I want only historical tick data, I do not need to add any exchanges, correct ? IOW, for $55/mo, I can get up to 100 symbols of history at a tick level ?
  6. syswizard

    Designing an edge

    Understood. Please post your results from trading it back here in 7 years.
  7. syswizard

    Designing an edge

    You cannot say that until you've backtested it for at least 5-7 years with a few thousand trades.
  8. syswizard

    Using Bid&Ask Prices vs Only Mid-Price in Backtest

    DEFINITION of 'Stop Order' An order to buy or sell a security when its price surpasses a particular point, thus ensuring a greater probability of achieving a predetermined entry or exit price, limiting the investor's loss or locking in his or her profit. Once the price surpasses the predefined...
  9. syswizard

    Using Bid&Ask Prices vs Only Mid-Price in Backtest

    Slippage should be minimal for market orders in a liquid instrument that is not violently volatile. Stop orders definitely cause the need to account for slippage.
  10. syswizard

    New Market Policies will be push out in China

    Shanghai Composite now below 4000 level.....the China bureaucrats better step-up their rhetoric soon or we could see the index at 2500 by the end of the year. That's HALF of what it was 2 months ago.
  11. syswizard

    Using Bid&Ask Prices vs Only Mid-Price in Backtest

    One thing you did not mention: Your trading platform has your model buying at the Ask and selling at the Bid, correct ? You are using at-market or stop orders ?
  12. syswizard

    Using Bid&Ask Prices vs Only Mid-Price in Backtest

    Why even bother with bid/ask ? Why not use the actual prints ? For your holding period, I don't think bid/ask makes any sense. For someone who's algo trades for seconds or minutes, then maybe.... The more important question is what type and what level of aggregation are you going to...
  13. syswizard

    why energy and mining stocks keep sinking for the past 2 months?

    Today, Bloomberg online had a great piece on base metals.....prices near 5 year lows......
  14. syswizard

    why energy and mining stocks keep sinking for the past 2 months?

    Crude oil down 4% today alone. Has the rout started early ?
  15. syswizard

    why energy and mining stocks keep sinking for the past 2 months?

    Just use your head....commodities go up when there is inflation. Inflation occurs when there is more money chasing fewer goods. There is more money when people are getting paid more. THAT IS NOT HAPPENING. All of the jobs growth has been in the $15-20 per hour range. Salary increases for white...
  16. syswizard

    why energy and mining stocks keep sinking for the past 2 months?

    Iran will be bringing on new supply by the fall.
  17. syswizard

    UK trader arrested for May 2010 U.S. Stock market flash crash

    Exactly, and this statement "....“Spoofing” is a technique used to manipulate prices in equities, futures or options by entering large orders that trick others..." clearly was missing a key word : “Spoofing” is an illegal technique.....
  18. syswizard

    why energy and mining stocks keep sinking for the past 2 months?

    Likely a temporary supply glitch. Just wait, it'll be coming down a lot.
  19. syswizard

    why energy and mining stocks keep sinking for the past 2 months?

    likely due to prospects of upcoming slower worldwide economies.....and even China now looking shaky-at-best.
  20. syswizard

    Five years after flash crash, committee to fix markets can barely agree an agenda

    http://www.marketwatch.com/story/five-years-after-flash-crash-committee-to-fix-markets-can-barely-agree-an-agenda-2015-06-30?page=1 When will we abolish the SEC and CFTC ? These people are highly paid and accomplish nothing. One would have thought there would be an improvement after they got rid...
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