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Um... a pacific island is looking like a mightly good place to start a company. I wonder if anyone has thought about this. Relatively speaking, it's not that expensive to buy an island. Can't you simply declare it a independent territory, and declare yourself The President, the CEO, and the...

Right on Funster. C2C, In a former life I was a political analyst. I did nothing but chew and grind the constitution. I of all people appreciate the US. But the disadvantages are being very serious (alright, not as bad as Europe): 1. Taxes. Don't need to expand on this anymore. 2...

Hey guys, thanks for all the great replies. With regard to citizenship, I'm thinking of renouncing it. The tax is just too freakin' socialist (okay, so there are countries that are worse, but I can definately find the 0-tax ones :-)). What do you guys think? Am I being crazy? (oh, I do...

Hello guys, I'm going to be moving out of the US for a while (a long long business trip). First year will be spent in Canada and another in Asia. Would I still be able to trade from outside of the US, even if I'm no longer considered a US citizen or resident (shaddy business arrangements...

I think it's not that easy (legally) to charge an incentive fee. The Investor Advisors act says you have to register with the SEC as an investment advisor before you are allowed to charge fees on the profits of your clients/LLC members. The registeration is lengthy and expensive.

GATrader, I once asked the IT people at my LLC to try to build a server system that would work out the adjustment needed in a Gamma neutral trade. They crunched the codes for a month or so, and told me it can't be done. For the most part, the adjustment are purely mathametical that has...

Sure, I use IB. Every one does. Even with 8 bucks to enter, it's a cost to consider if you are doing an equity option (since index options are so heavily traded that the price you pay on the spread will be almost equal to the expected value of the positions). Equity positions don't...

I used to. But the problem is, it's hard to find premium high enough to cover the commmission of having to open four positions.

Speaking of which, is there a place you can get historical volume data on options (not series, but all the option series) traded on a particular stock? I haven't seen any.

Okay. Here's the main question I still have before I can start coding: what kind of interface do you find most efficient? Or have been thinking about, but never can find? The reason for this is, interface is a very important of any program, and especially trading softwares where...

I'm not sure exactly what to build it yet. I can do a scanner without a problem, or in some other form. That's why I need all the experience swing traders out there to tell me what they would like to use to trade with. Is that the type of program that swing traders find most useful? If so...

Hello Everybody, Finals are over! I'm going to have about a month free so I'll be working on my big programming project: building a complete set of software used for swing trading. I've been coding trading softwares for years, so as far as programming is concerned, I know what I'm doing...

That's an interesting point. One school of thought says that you buy these options with extraordinarily high IVs, because they are ready to explode; the other school says that you should do covered calls on them because if they explode, you got the premiums, and if they implode, you are...

I just finished reading "McMillan on Options." It's a very insightful book. In it, he outlines a strategy that tries to identify pre-merger/acquisition stocks through looking at options trading volume on that specific issue. I was wondering if any of you has every tried this strategy. It...

What test are you talking about?

tnt, Okay, so here's a bit more details about the AI. You seem to have experience with it, so I definately want to hear what you think. 1. It's NOT a neural net. 2. It's forecasting. Not lagging. Everything can be done in real time. 3. It's based on learning historical data...

Thanks for the link. I'm looking at it. The one advantage I do have, however, is to inspect the AI system. I get to read the source code and do out-of-sample test myself. So I won't get burned there. Still... black-box trading - kind of takes the human-factor out of it. Which I suppose...

See, you are right. The problem (not a flaw, but just a limitation of the AI) is that the AI doesn't tell you precisely when to enter a position. In fact, it only tells you whether the S&P will rise, remain neutral, or fall next month. That said, the error (times and magnitude that the...

Well, I can't really tell if your post was sarcasm or not. Maybe it's just my paranoia. Anyway, I'm bounded by confidentiality not to give specific information about the AI. As you can imagine, he doesn't want something potentially this power to get out. But I can definately say that...

Thanks for the suggestions. But here's what I do know. He trained his machine (not a neural net) with historical data. Then he used the results to backtest on data that weren't included in the training data. So the machine never learned those. The result is that the machine is accurate...