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That is awesome news because those beasts are such a bitch to leg.

CME / Nymex / Comex is launching ratio'ed intermarket precious metals spreads, which is super awesome. This will work like the ratio'ed interest rate market spreads that have been trading on the CBOT / Globex for several years. What this means is that the exchange will internally match ( leg )...

CME / Nymex / Comex is launching ratio'ed intermarket precious metals spreads, which is super awesome. This will work like the ratio'ed interest rate market spreads that have been trading on the CBOT / Globex for several years...

Who cares if a market is a "good test" ? If someone can consistently make money in a market, ANY market, then fantastic !

I am referring to GTC limit orders for trade entry, stop-loss, and profit target - that is, 3 orders are required for each trade.

No doubt that machine learning and Algos are here to stay. Having said that, I have plenty of clients who can vouch for a good robust mechanical trading system and rules set using longer timeframes and a lower volatility product suite (intramarket and intermarket spreads) so there's room for...

It's no mystery that "traders" self-sabotage themselves by allowing their emotional baggage to sabotage what otherwise might have been a perfectly good trading system. Usually, taking on less risk and checking yourself with a brutally honest daily journal routine can inhibit these sabotaging...

No, I wasn't really trying to imply treachery. I guess "creative" and a healthy appetite for calculated risk was more along the lines of what I was trying to express.

I ask because as you likely know, how much capital you require dictates what kind of firm is likely to be interested. Probably not a prop firm but more of a private equity kind of firm. What about DRW ?

CQG will sell you tic or 1 minute data. Cost depends upon time frame involved.

Do you need to carry positions, and if so how much capital in terms of initial and maintenance margin would you need ?

This is just my own 2 cents and my own thoughts since I started trading in Chicago in the early 1990's. Just being able to write code won't make a person a trader. Statistical analyses as a background would be strong, but when taken in isolation that would not make a trader. Sound cognitive...

:thumbsup::thumbsup::thumbsup:

Many clients are coming around to the idea of having a Tier 1 (my term) FCM 24 hour execution desk work their spread orders in lieu of leasing a dedicated execution platform. There are some real advantages to it.

Trend lines are great because they do NOT sample data.

Machine Learning Systems, an appropriate exchange interface platform, with the ECN to properly take advantage in terms of execution - $30K per month. As a marker, RTS is $18K per month - and that's just the execution system w/o any machine learning front end or $16K per month co-located ECN...

Machine Learning Systems, an appropriate exchange interface platform, with the ECN to properly take advantage in terms of execution - $30K per month. As a marker, RTS is $18K per month - and that's just the execution system w/o any machine learning front end or $16K per month co-located ECN...

FX is flat price risk or worse (rigged) - i cannot recall recommending one currency versus another... In terms of how I want my clients to risk their own capital I cannot contemplate FX as offering any sort of individualististic, retail-friendly edge,

I know of a good one with solid credentials and client references in the futures prop, CTA, HF, and bank trading fields.

I have clients in the prop futures trading industry and with the major banks. They had good resumes before they hired me, and I have had the good fortune of having clients in the position to hire other clients.