Search results

Mark Cuban has NO CLUE about how money is made trading... But then he is not a Pro Trader... is he? Most trading firms never "pick stocks"... Or make directional bets... Unless they have inside information or position. Firms grind out consistent profits through some form of market...

Junk bonds are up 12% since the August 16th... And have been very orderly all week... So this is hardly "bottom fishing". Pro traders that specialize in this area... Which is about 10% of my trading... Have made a killing since the bottom... With negligible risk. You make the silly ET...

You are a moron. Stop trading.

I'm gonna load up on Teldar Paper.

Very perceptive, yes. Virtually every system designed by IB... Is seemingly designed ** in a vacuum ** by their engineers... Without any input from traders that would actually be using the design... To run a million dollar business. They then go through a long process of complaints...

Yes... but this is a trading forum. All quants here trade... or try too. An important point to make... Is that Quant Analysis in not nearly enough. Probably 80% of the ballgame is Execution... Meaning simply how well you trade... Which is a function of trading experience +...

Yes... this is fairly trivial. If this was designed by a professional programmer... Internal latency would be negligible... On the order of 10 ms or less... If that was important. External latency... Stuff like is your "real-time data" actually "real-time"... Or delayed by a small...

Thanks for your post. The exact Security Device IB uses is the following...

I think the IB Security Device is terrible. Can someone please explain... Why they would chose an out-dated hand held device... Instead of a USB device like this one: http://mktg.safenet-inc.com/mk/get/req_rm_form_shk_lp?gclid=CJbq_cnYmo4CFQM1PwodU25wXQ And please don't give me...

Yes... the "good old days". Many years ago... I would maintain "short against the box" positions... For hard to borrow stocks. Instead of closing out a short... Where I might not be able to borrow the stock again... I would just buy an equivalent long position... Then sell the long =...

"learning how to program" is not a hobby. It's a professional discipline. It takes several years of university level education... And AT LEAST 2-3 years of full time work experience = 5,000 hours... Before a software engineer is worth anything at all. The notion that hobbyists can...

Actually, they are equal for the following reason. I have been told by Tech Support... That after 4 failures your account is LOCKED for 2 hours... Which is a truly INSANE policy if true. Since brute force attempts... Would require thousands of tries for the card... And millions for...

Let's say you follow a universe of 100 REITS... (The kind of stocks Quants might trade... ** but I do not **)... At any given time... You will have the Top 10 overvalued REITS... And the Top 10 Undervalued REITS. You will then construct a Portfolio... That is Long 10 REITS and Short 10...

Actually, this is not just "the internet". US Securities Laws are fully applicable... To everything that goes on at ET. In particular... Any Broker-Dealer or Registered Person... Must comply with all NASD Advertising regulations. Someday... You will grow up... And be a businessman...

I hate my IB Security Token... But these things are SEALED and very reliable... Probably have a failure rate < 0.1 % Here is some "independent testing"... Where the tokens were put through a full wash cycle, etc. http://www.securecomputing.com/index.cfm?skey=1110

After looking at some of your posts... You have the PERFECT skill set to be a very successful Quant. Already. Right now. The problem is... The chaotic soup that is ET... Instills false beliefs into impressionable people... And false beliefs are deadly... very hard to de-program... And...

There is a reason God created lawyers. Anyone who would refinance their home... Or make any major business decision... Without consulting ** THEIR lawyer ** deserves what they get. Stop with the sob stories already. This one is so PHONY... The actual details of what was wrong with...

This is total, complete nonsense. By definition, one places a Limit Order at a price that one WANTS to fill. Therefore, by definition, the VAST majority of Limit fills are a "good thing". "you limit will trade through" This poster knows jack shit about statistics. The market spends...

It's not just this... IB has always had a difficult time valuing NYSE listed ILLIQUID stocks... For example, any of the 1000 or so stocks that trade < 50,000 shares/day. These stocks often have crazy spreads for a few seconds... And even the odd trade $2.00 or $5.00 or even $10.00 off...

Is this recent? In 2005... I had a NYSE listed short stock position... "Bought in" well after 16:00 on an ECN... $1.00 higher than the NYSE daily high. This is the most incompetent and abusive thing I've seen in a long time... But it ** was reversed ** after complaining to an IB manager.