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    Interactive Brokers question

    Pardon my ignorance, but how much is that SEC fee?
  2. F

    Interactive Brokers question

    Thanks, sorry for that grammatical error :D So for 1000 shares, I am expecting to pay $7.5. Which comes out to $7.5/1000= $0.0075 per share?
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    Interactive Brokers question

    I am thinking about opening a new account. From what I understand the fees structure is $0.005 (1000 shares.) edited My question: what "hidden fees" should I expect to pay. Thanks in Advance.
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    54% return -- looking for an internship

    hahahha. I'll pass on that offer :D
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    54% return -- looking for an internship

    I am talking about the funds. I checked morningstar and msn money. Their numbers are the same, but Wall sTreet City numbers are Way too optimistic. BTW: There is ONLY one method of calculating MPT alphas. Regardless fo the cash flow aspect, there is only one MPT alpha.
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    54% return -- looking for an internship

    Well... I have a feeling that hte website is wrong or something... Just use Excel and follow the above formula. Keep me posted.
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    54% return -- looking for an internship

    I am using MSN money's database, which is pretty reliable. And none has an alpha over 17%. I am talking about YOUR fund performance calculation. How do you have a low r-squared but a moderate BETA? Formula: ri- rf = alpha + beta(rm-rf) where rf is t-bill adjusted for 252 days...
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    54% return -- looking for an internship

    36.14% is pretty damn good.
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    54% return -- looking for an internship

    check out this link: http://moneycentral.msn.com/investor/partsub/funds/portfolio.asp?Symbol=ATCHX&Funds=1 ATCHX's alpha is 15.38.... which is very very very rare. Keep in mind its beta is 2.69!!! hint: we're seeing a one-year outiler. If you look at your list. All funds had HIGH...
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    54% return -- looking for an internship

    Well ... the reason I asked is because the number does NOT add up. How is possible to have 54% nominal (i.e. non-risk adjusted return) and have an alpha of 49.97%??? The number looks fishy..
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    54% return -- looking for an internship

    where did you get this information?
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    54% return -- looking for an internship

    I am sorry to hear about your situation. Usually internship application is DUE in January. Its now June. ... and the number of available internship is quite small. With regard to Morgan Stanley, etc. IT is very very hard to get an internship (MBA level) if you're not from the top ten...
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    54% return -- looking for an internship

    What's OP? Like I said before: low-alpha would not get you an offer.
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    54% return -- looking for an internship

    With China becoming increasingly more prominent, Why not work in China? With your credential (especially with an American degrre), you would be highly sought out. Firms like Goldman Sachs, are increasing their exposure in China. You're probably demand a HIGHER salary in China than if you...
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    54% return -- looking for an internship

    Well, a trader takes position (long/short securities) usually for less than a month, aka. short term profits. Asset management on the other hand hold securities for longer periods. To improve your alpha--> EXPERIENCE. There's quantitative methods for improving alpha, but none has show...
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    54% return -- looking for an internship

    Looking at your yahoo chart... are you simply using MACD??
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    54% return -- looking for an internship

    No offense, but simply looking at your performance vs the broad indices... your performance (54% or whatever the number is) won't draw much attention. Why? Your fund is a low-alpha and high-beta performance. In other words, on a risk-adjusted basis, your performance falls short of...
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    How George Soros knows what he knows

    It's funny how NO ONE remember that George Soros recently (a couple of years back) lost $2 BILLION ( that's right Billion ). Follow up with a $600 million loss. ANd yet he's the highest paying hedge fund manager during those aforementioned period. (AUM) Go figure. And to further...
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    Unbelievable but true: CFTC declares Technical Analysys as FRAUD :D!!!

    Pretty good trend so far. I just wanted to add: More people using TA <b>weakens</b> its efficacy NOT enhanced. You want people NOT to use TA. ---Fish
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    Unbelievable but true: CFTC declares Technical Analysys as FRAUD :D!!!

    The test for market efficiency is based on the joint hypothesis test NOT profit and loss.
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