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Sorry BKuerbs, I didn't read your post close enough!! Swish

The problem w/ averaging is that is doesn't accout for the order of the returns. For example, if you lost 50% in year one, the 20% gain in the next year should be based on the adjusted capital basis at the beginning of year 2 - thus a 20% gain in year 2 only recovers 10% or 1/5 of your loss...

Wizetrade's been discussed probably in a dozen different threads. Do a search and you'll get plenty of scoop on it...... Bottom line - black boxes don't work - trading is more difficult than that! Swish

My contribution: 1. Single member LLCs are possible in most states and generally provide all the advantages of more complex entities. 2. If you miss the April 15th deadline to file for Mark-to-Market and still want to trade under MTM acct, setting up an entity gives you the opportunity...

I appreciate everyone's response!! My friend had the highest ethical standards and there is no hint of any wrongdoing. He just got caught in a downward self-propelling spiral of loss!! Also, I'm not trying to communicate that no-one should be a hedge fund manager or hedge funds should not...

Recently, a good friend of mine who managed a hedge fund committed suicide - largely over the losses he'd incurred over the past year. He was consistently profitable prior to 2003 for many years (5+). Many friends and acquaintances were invested in the fund and a self-propelling downward...

Sounds like you've had a run of bad luck. I've got 3 dells, 2 of which had repair issues in the 1st year. Dell sent technicians to my office and fixed them next day. Never had too much problem reaching tech support. I'd buy Dell again without thinking twice about it. PC Magazine has...

I've asked this q before of lots of folks and I think if your bid/ask posts to Level 2 from the ECN or any broker, it is truncated to 2 places. Most ECNs post to 4 places, I'm pretty sure that's the max no. of decimal places anybody posts to......

I am familiar with the natural gas and crude oil industries and oil & gas companies often hedge - in fact almost always hedge some portion of their future production. Once company I know which actively acquires will hedge all of their forecasted production as a matter of policy from the...

Appreciate the link!!

For the life of me, I don't see why people are so committed to calling trading a "zero sum game"...... Or "worse than zero sum" due to commissions, etc. If the market had a total fixed value, then yes, I would be convinced it is zero sum - BUT clearly it is not. Because of the longer term...

You can generate a list in TC2000 or TCnet pretty easily using EZ Scans and Personal Criteria Formulas.....

Out of curiosity, to what extent do you think MM's participate in pre and post market trading? I have assumed that they probably didn't participate too much, but in hindsight I've realized my assumption was probably based on NY Specialists not participating on listed stocks outside regular...

Wish I could announce to the world I thought a particular stock or sector was overvalued and then watch it tank!! Of course I'd load up on shorts first....... Surely Piper J wouldn't do that though - that's gotta be illegal!! LOL

anybody know what in the world caused the carnage over the past hour. I was long NTES from 68.55, was up about 90c, then BAM, stock's dropped $5+ in the past 45 mins..... I got out at 68.25 or so Swish

given the spreads, why trade the ssf's?? leverage? shorting rule? do ssf's have the same tax breaks emini futs do?? Swish

Oliver, Thanks for the post. What does standard deviation of returns refer to in your SR equation? Thanks, Swish

What a saga!!

I took most of their courses when I was learning how to use CTPro. Most of the courses are on using their package. A few of the self directed courses are (best of my memory) on very basic tech analysis stuff. There are no strategies taught. For those trying to learn the software though, I...

I'm not going to get into some drawn out debate that serves no purpose.... Ain't worth the time. Good trading and best wishes....... Swish