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Whether or not a hedge fund category exists as a viable strategy is whether or not the allocators deem them to be viable. I can tell you that the fund of funds do not want to allocate to the trend followers after 2004-2005. I know a trend follower personally. He has a great track record...

Altucher's fund management company had assets under management of $55,600,000 in 2005 as listed on the form ADV. Nothing to sneeze at. I would love to be in a position like his someday. I think Altucher is an inquisitive market thinker who is undoubtedly successful. You don't generally...

$4 per side plus $1.14 routing fee per side. It does seem high, I have never seen an order routing fee stated before. Also $4 per side seems high as well for e-mini.

Also, TerraNova Futures clears trades through RJ O'Brien. http://www.terranovaonline.com/TNO_PandS/Futures.asp

I think that you could just hold your accounts with RJ OBrien and trade a self directed account using their own front end software.

I traded with them in the past and had a good experience. At the time they were an introducing broker for ADM but they are now an FCM but I saw no difference in the level of services offered. I always liked the ability to access so many global markets and I traded pit markets in Chicago and...

Altucher is correct about money flowing out of trend following strategies in the CTA/CPO world. I do think there willl be funds close and new entrants into the field will be curtailed. There is a lot to learn from these trend followers but the fund of funds that allocate money absolutely hate...

<b>"Secondly, if you can get a fund raiser that focuses not in the major money centers, they would have an easier time raising money. I know an Italy based banker that raised $38M in the span of 8-10 weeks for a fund. "</b> This is an important aspect. Here in Colorado I am starting a RIA...

Your right I was thinking and reading wash sale not wash trade my brain just skipped and replaced trade with sale. Wash trading is not something that the brokers look nicely upon. If you read your terms and agreements from your broker it will probably state that it is not allowed.

you can wash trade all day but you can't claim the tax benefit. Wash sale rule is an IRS section code law. The SEC isn't going to send you to jail for it. Your brokerage firm (depending on your designation) may not want you trading against yourself by using a different account though.

Ok, if you have your series 65 then you can set up at IB and charge fees, if you register with your state securities division as an investment advisor.

Jake Bernstein has a book that was published 20 years ago or more. Probably out print though. I can't remember the name. "Commodity Spread Analysis" Courtney Smith. I have read it. "Commodity Spreads" also by Smith. I have also read this one. "Futures Spread Trading: The complete...

You should be able to open the account easily, however, you probably will not be able to charge any fees.

Chris, what is a FA application? Are you charging management fees or does IB allow per trade fees.

Are there any advisors, RIA or otherwise, here at ET who use Interactive Brokers. Starting an advisory as a RIA and wondering if anyone had any experience with them.

Hasn't the price gone down? In September Gasoline was $3.00 plus and oil was near $70. The price for distillates has come down and therefore demand has gone up. We are probably at the low end of the price range to ensure that supply is able to meet demand.

I would look at Refco, and Man, and since Man has taken over Refco accounts it it sorta the same. Although they are still operating seperately. If you want to trade New York Commodities definitely get a broker that clears trades on those exchanges, like Refco and Man. You want a large pit...

I believe it can be backtested using S&P Compustat database, but you have to adjust for survivorship bias that is inherent in a backward looking database. Aaron,

I know one top notch market mind that would know of some people. Howard Simons is a tremendous resource for both delta hedging, and dynamic hedging and knowing the top commodity folks in the business. contact him at www.simonsresearch.com He may be able to help you. If not read his...

I actually just got done researching and developing a cattle trading system that keys off of specific oversold levels. 80%+ correct in testing and am observing in real-time. I have a cattle background so it was fun to develop. I don't want to act like I am selling stuff so just send me...