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  1. M

    Gain Capital and market orders

    That still doesn't make sense to me. The concept of market order is that you will either hit the bid or lift the offer - doesn't matter where/what the market is. If I was quoted 200/201 for bid/offer. I send in a buy Market Order, it will execute the buy by lifting the offer - even if the...
  2. M

    Employee personal trading guidelines

    If you have two accounts, you can trade long positions in the long account and trade your shorts in the short account. To your broker, you are flat (if you are indeed flat at the end of the day). For example, you longed 100 shares of GOOG. then flatten out within 10 minutes. If you...
  3. M

    Monte carlo simulation

    OK. Can someone just confirm whether I am using a monte carlo method or not? I am just a dumb a$$!! I've been reading everywhere online and not sure if I grasped the concept. So here is what I am doing. I have a random number generator. This generates 10 numbers of probabilities. I...
  4. M

    Employee personal trading guidelines

    This is funny because I just moved into compliance and working on a personal dealing system. (Hence my shiz doesn't allow me to trade - period). But for the rest of ya, here is my take on the rules. Holding rule - some have 30 days, some have 14 days, etc. Either way, if you can open...
  5. M

    Where can i find an allocation table for Symbol - Sector

    private message me.
  6. M

    Mergers

    That's a great question!! I am wondering about the samething after seeing your question. Take Thomson and Reuters for example. The merger removed RTRSY symbol, and introduced TRI. But on GOOG, you can get historical daily back to 2002 - this merger didn't happen until 2005ish. So my...
  7. M

    Best way to play QE2 on Tuesday

    Premiums on both sides will be pretty much priced in. Right after the announcement, the wrong side's premium will shed significantly greater than the right side. If you are thinking about buying a put and a call ATM (or OTM), I wouldn't recommend it. I would rather play the over reaction of...
  8. M

    How much money have you lost before figuring it out???

    Started with 25k. Made about 6k. Then lost 6k in on day. Then 7k in another. Then took another 2k loss. Max draw down - 15k. Based on my strategy and what I know now, I didn't start off with enough captial to trade the style I needed for that market. I stopped trading b/c I can't...
  9. M

    Which contract you scalp ?

    ES is hard to scalp. Not enough vix - I say ES is more a momentum product. I haven't never trades bonds, so I don't know what those markets are like. But CL is pretty good - although you will need about 8k to trade/contract (based on my calc) - assuming margin at around 2600 per. I...
  10. M

    Structural problems in stock market

    A one sec time enforcement solves nothing. I would enter a fat order at the market then lift that order off the market to a price that no one can hit/lift. Essentially doing the same shiz. So instead of a single FIX msg, I use two. But I sure can have them stacked back to back. :-)
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