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  1. M

    Java (RTS) and C#

    For broker API integration, Java or C++ would be my choice as C# api is not as prevelant. The one thing to consider is vba integration with C#/.Net framework. If you migrate to Java, you will more work. I don't know if you should consider 2-3 years down the line as any algo you...
  2. M

    Put options signaling crash Next month

    love the awesome ads to his website. hairloss products, etc.
  3. M

    futures months

    There are more liquidity on the front month. Less so in the back months. Plus, you have the time premium in the back months. Rollover can happen automatically - done by your broker, or you gotta do it youself. Ask your broker on this. They should be able to tell you how roll over is...
  4. M

    trading platform

    Don't know why IB forces the confirm on point and click. I spoken with legal awhile back on TT's patent coverage - just for educational purposes. The patent TT filed is static DOM. It is _not_ enforcible if the the DOM is dynamic - it will automically recenter the prices after awhile...
  5. M

    futures months

    Yikes... if you are asking these questions, you shouldn't be trading futures. Get out now. Just to answer some of your questions: re: is it better to buy the Sept or the Dec? Depends on the product, price, etc. re: .. buy an option as insurance? You can trade the futures...
  6. M

    Question about High Frequency Trading (HFT)

    Anyone can move the market if they got enough cash to do it. The question comes down to 3 qualities associated with moving the market: 1. how quickly they can move the market 2. by how much 3. how long can they keep the market at a price range HFT can certainly do all three. It just...
  7. M

    Algo creation using tick data?

    Second by second is not a big deal. especially you are only looking at one security. Tick by tick is slightly more aggressive of an algo, but not too hard as long as your business logic is not too complicated and blocks (implementation). Are you looking at the entire book or just L1 prices?
  8. M

    Job as a Proprietary Trader when capital investment is needed for a new trader

    The best way to start is get on a grave yard shift for a firm. night or day... same shiz. A bit more vix during the day, but I think the nights will be more important as focus _will_ shift to asia eventually. Think long term. Anyway.. good luck. I think based on your comments, you are...
  9. M

    Trading Is Gambling, So Why Is It So Difficult?

    Incorrect. Trading is not gambling (legal) in a very fundamental way. Trading is based on information. Information is not equally disseminated in the market. Actually, it is more than inequal. it can be polluted - ie. rumor, incorrect news (intentional or not), etc. Hence, people lose...
  10. M

    Looking for space in the Loop

    i got a small space in that condo as well! van buren and jefferson. short walk over to CBOT. You should check to see if they got a big 2/3 bed for rent. I don't know if you can T1 though. also, conf room would be hard to put together since the bedrooms (I hate how chicago allows these...
  11. M

    Job as a Proprietary Trader when capital investment is needed for a new trader

    is it $5500 a fee to join? i.e. that money is theirs no matter if you make or lose as a trader? If it is a fee, I say that is highly unusual. If it is just the capital contribution to a trading account, then that is fairly normal. They are giving you 20x leverage (100k). Did you ask them...
  12. M

    Looking for space in the Loop

    How far north are you willing to go? You should check by Chicago, maybe 2-3 blocks west of State. There are some rehab office locations. 2000-2500sq isn't that big. Think you can do with a condo? may have to check if you can get teleco, but def workable.
  13. M

    Openning a Yuan account in Bank of China NY Branch?

    Dunno the answer to that. But I am curious how can you open an account at BOC NY? I was going to make a stop in Shanghai to open an account, but if I can do that here in NY, that's much better. Is there a minimum? Thanks!
  14. M

    Non US LLC (such as incorporated in Singapore) trading in US??

    I don't think any of the answers above pertain to LLC and US tax. The LLC is a Singapore entity. This has nothing to do with residency of me or anyone else working for the LLC. If I get paid by the LLC - that salary/bonus will be taxed under US rules. But let's assume I get paid $1, and all...
  15. M

    Non US LLC (such as incorporated in Singapore) trading in US??

    Many countries have lax tax rules for capital gains - for example, Singapore has no capital gains tax. Can you - as a US citizen - incorporate a Singapore LLC (with Singapore tax number) and trade via a dollar denomiated FCM in the US; as such, subject only to Singapore tax rules? I...
  16. M

    Commissions and day trading

    10 ES contracts and 5 round turns a day. That's high enough for ECM - electronic clearing member. Go to CME website and look that up. You will get much better rates. Plus, you should check FCMs that can give you a better commission.
  17. M

    Weather derivatives.

    hm... Sell lots of sun shine for Illinois over June. Then get a whole bunch of planes to seed the clouds. I am sure the profit from weather contracts offsets the seeding cost.
  18. M

    To those that say trading is a 0 sum game...

    equities trading is different from derivatives or other types. It is not 0 sum trading. Someone already pointed earlier, equities can be created and destroyed. Example - new equities offerings, etc. Simple example: (A) buys stock and (B) sells stock. Stock price goes up. (B)...
  19. M

    QE money ?s

    1) QE money is free money. It didn't come from taxation on services/production/spending, etc. After this is lend out, there is no way to get it back. Is there (via interest rate increase, etc)? Taxation to get QE back will be unrealistic since the QE money was never a tax revenue to begin...
  20. M

    World economy and Farmers

    the need other things than wheat or fish. like tools to farm or fish.... This is like discussion micro economics in high school... I would argue money is made through production. it is multipled by financing (which is ultimately a pyramid scheme). You can't finance without risking...
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