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  1. Robert Morse

    Establishing a track record

    No, it doesn't. Monthly calculations are based on beginning of month equity, It can be easily adjusted for cash movement mid-month. You can also go back and adjust returns to include fees for a RIA or CTA. Any admin that works with new managers can do this with their systems. Anyone good with...
  2. Robert Morse

    Establishing a track record

    Equities/ equities/options or futures? What are your expectations? Managed or pooled accounts? Are your returns from a meaningful amount of AUM? Are they marketable risk adjusted returns after typical fees? Is your Bio interesting? Do you have the ability to raise money to get started? I...
  3. Robert Morse

    Establishing a track record

    Until the time comes that you wish to market yourself, that is all you need.
  4. Robert Morse

    Establishing a track record

    Keep all your monthly statements. Keep a record of all transactions in spreadsheet. With those, your returns can be verified and/or audited.
  5. Robert Morse

    I'm a remote futures algo trader seeking backing/prop firm

    Honestly, I have found that with the small group of wealthy investors I have access to, getting an allaoction with out real trading is very hard. You would have to show that you have something very different like a unique data set. If you want, you can email me with details of what you have...
  6. Robert Morse

    I'm a remote futures algo trader seeking backing/prop firm

    Track record real or backtesting? What size allocation are you looking for? Would you consider an investor or only a prop firm? Bob
  7. Robert Morse

    Super long expiration leaps

    Can you give an example? Apple goes out to June 2020. SPX goes out to Dec 2020 Are you expecting longer?
  8. Robert Morse

    why trade ATM options vs OTM

    I LOVE craps, but I never win over time.
  9. Robert Morse

    Learning to Trade Emini Futures. Please Help

    I'm going to make a general statement. What we have not mastered is the most difficult. I can't say that because option postion trading is easier for me, that it should be easier for others. I have never been a equity day trader. But if I practice that skill and find a system that works, that...
  10. Robert Morse

    why trade ATM options vs OTM

    It is not a good idea to only do that. You are reducing your odds of success. To me, more like gambling.
  11. Robert Morse

    why trade ATM options vs OTM

    well said.
  12. Robert Morse

    Learning to Trade Emini Futures. Please Help

    Why is DT the most difficult? Why should anyone constrain their trading to one discipline? If he likes options, why not learn futures and options on futures? The reality is that not every strategy works all the time. The learning should never end if you want to make a living from trading or...
  13. Robert Morse

    why trade ATM options vs OTM

    Not always. Depends on time decay. If you buy options out 6 months, yes. If you buy a $0.10 options with 1 week to go, maybe not. All I can tell you is that the strategy of buying OTM calls over time is a loser. You might get lucky a few times, but the discipline to exit the option when not...
  14. Robert Morse

    why trade ATM options vs OTM

    ATM, and just ITM options are a stock replacement strategy while OTM options are more of a wish looking for a home run. You can be right on stock direction and still lose money with OTM options.
  15. Robert Morse

    Learning to Trade Emini Futures. Please Help

    We are making a lot of assumptions without seeing his account. Maybe what happened is not something that can be replicated daily. Maybe he was long a take over stock or short the market in february or caught the recovery in the aftermath of feb. We have no idea how he made his money. I assume he...
  16. Robert Morse

    interactive brokers for scalping futures and Qs on algo trading infrastructure

    Sorry, I just read this. We have offices in NY and Chicago. We don't offer our own hosting for futures. Yes, having your server or PC running in Chicago would make sense. You can remote to that, to trade from Canada.
  17. Robert Morse

    Learning to Trade Emini Futures. Please Help

    We can offer futures for IRAs as long as they are open with a self directed IRA company like Midland IRA. Bob
  18. Robert Morse

    interactive brokers for scalping futures and Qs on algo trading infrastructure

    HFT firms set up their own iLink connection sponsored by a member with a data feed direct from the CME at the CME data center in Aurora, IL. Wedbush requires $2mm or more in AUM and certification with both the CME and their risk systems. I have never had a customer do that. For a trader with...
  19. Robert Morse

    interactive brokers for scalping futures and Qs on algo trading infrastructure

    IMO, if you are not do an arb of some kind, and you don't live to far away from Chicago, a hosted low latency set up is too expensive for most retail traders looking to efficiently get in and out when they get their signals with $25,000. We have traders using Realtick to automate their trading...
  20. Robert Morse

    Hello from Russia

    No. Only through private messages and posts.
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