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Simply wrong. There is indeed a lack of highly qualified workers in the states. One of the reasons being that most of the students who run from the start through the american education system are worthless in the end. Take a look into the PhD programs of the top schools. Most of the students are...

You are screwed ...

One aspect may be found in the (lack of relevant) qualification of people in LA ... if you want to stick in CA, take a look around the bay area...

Depends on the time-frame. Clearly a consistent short strategy on a longer time-frame is more difficult to find than a long strategy. If the time-frame is small enough, its becomes equally difficult ...

Silly question. This is identical to finding a consistently winning system (as long as the loses do not mainly come from slippage/commissions).

It takes a lot of skill, effort and time to develop a working automatic system (and as well to keep it profitable over a long run). That's the thing you invest. The amateur level things you find in the net (like c2, etc.) are mostly worthless crap. The origin of the profit depends on the...

As a potential tax refugee of EU origin, just do some research by yourself ... Step1: Google for a list of countries which do not tax foreign capital gains, or have a tax rate you can live with. Step2: Check what the (non)-residency requirements are. Usually this is the problem...

Depends on what and how your algo trades. Even so the iB data has a ~ 0.x secs lag and iB execution lags ~ 0.x secs, I have a fill rate of >93% for FOK/IOC LMT equity orders with iB quotes.

I recently noticed that I receive from my data provider the first "real-time" quote for CBOE VXO volatility index with a 15 mins delay to market opening. According to my provider this is normal. Does someone know some details of the calculation of this index ? In particular why there is a...

You got me a bit wrong. Of course everyone in this field has to start somewhere in finding his alpha. However, one should not be as presumptuous to think that the idea one is working on is new, in particular if it is on such a basic level. This does not mean that basic ideas can not work, in...

You see, one thing that many in academic finance fail to release is that there are thousands of masters/PhDs/Profs in physics/mathematics/computer science employed outside academia to do nothing else the full day than finding edges in the market. This is not a recent phenomenon, but started as...

What you are describing in your "thesis" is basically a primitive form of evolutionary/genetic programming/strategy design.

Another fine example that shows that (most of) academia is 1+ decade behind the market ...

Met recently in a bar one of the guys supervising the IT roadmap of one of the mayor US banks ... you would be surprised about their actual IT ecosystem. Since it grew over a long time-frame with different vendors, and they don't like to upgrade/change systems running well, it is rather diverse...

Putting aside if I have the means or not to hire a top talent (since this is not of importance) To my experience, math/physics graduates are definitely more suited for the job and in general are more capable ... and this is not only my opinion, as you can easily verify by taking a look into...

Yep, in general I would never hire a pure cs guy for another purpose than slave work (I'm always amused about the programmers in this forum bitching around about their bad payment ;) ) Math or physics majors can do the code aspect equally well, and, the important point being, in contrast...

I don't think it makes much sense to talk only about win rate and profit factor ...

I don't go live with strategies which are not (more or less) stable for different markets (of same equity class) ...

Isn't this a necessarity ? Or how do you deal with an unexpected connection loss (if you run multiple strategies on same contracts) ? My system in addition records in a table the PnL of each trade (open and close of position) and which strategy triggered the trade. OMS is generally...

For strategy dev. and backtesting I'm using Mathematica. Gives you (almost) the power and possibilities of C, but allows you to do many things in a very convenient way (due to its symbolic nature). In particular, setting up parallel computation is as simple as possible. Main drawback is the...