Search results

Just one backup broker for a hedge fund? Really? You need several to spread your orders in the first place (unless your AUM and trade positions are tiny).

What are your requirements for latency/data coverage? PS - Your time frame is way too optimistic - not only from an IT/disaster recover perspective but also from a compliance perspective, given you haven't got this sorted yet.

This is why you should have multiple accounts at different brokers

You must be fun at parties too. I see no value in parties Why would anybody even go to a party?

This isn't Chinn's first rodeo: https://www.latimes.com/archives/la-xpm-1988-03-13-mn-1805-story.html

Seems like a strange way to win business to me. Never could figure out their "Sierra Chart Exchange Feed" vs "Denali Exchange Feed" (also from them).

https://www.sierrachart.com/SupportBoard.php?ThreadID=57323 !!

There's a lot more than 100 active stocks... Most of the Russell 1000 and quite a lot of the Russell 2000 are liquid. I prefer to use a $ value liquidity filter which can be approximated using Close*Volume - I use a moving average of that above a given threshold.

LOL - I love traders like you.

Well, since it HAS happened before MULTIPLE times in the last few years and with BIGGER down days, then there's only one conclusion. I wonder if you'll ever get it.

Just because someone says he's "never seen it before" and "has 30 years trading experience" is a basic "false authority/appeal to authority/appeal to accomplishment" logic fallacy. Oh, but there is a need to do it. This has happened 7 times in the last 2 years alone which I've determined...

So Namo goes up and index goes down - that's easy enough to backtest and determine how many times it has happened before. It won't be "never happened before" Do you even backtest bro?

I think you don't understand how the McLellan Oscillator is calculated, and the difference between a market-cap-weighted index and the how advancing and declining issues are (mostly) equal weight. Don't guess on what it means - backtest to see if your guess has any edge.

btw, Quandl is now data.nasdaq.com - same rubbish, different name! I use NxCore for realtime and historical intraday, Norgate for EOD daily, and have Interactive Brokers as secondary source.

$SPXTR (S&P 500 Total Return Index) $RUATR (Russell 3000 Total Return Index) Don't use the price return versions unless you want to overstate your excess returns.

Don't trade anything illiquid in futures. If it's not 5 digits (or more) volume run away! For example, look at the latest Cboe Ameribor futures.... Early days yet, but seems to be a big waste of time and effort...

Robust backtesting of an idea is somewhat more complex and you need decent software to give you decent metrics on this, and handling of survivorship bias (that's more of a data issue though). For testing of a portfolio-based trading system based on those rules with relatively easy-to-understand...

For production use, yes. http://www.cs.toronto.edu/~bianca/papers/sigmetrics09.pdf

Look at the data. This is fairly typical of Biotechs - periods of lower volatility with explosive volatility periods.

I remember the days of $300/month data feeds. That is cheap! You need to pay to play.