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    Engineer looking to make a career change into trading (PART II)

    To the OP, I'm an engineer to and have been down the same path as you. This might sounds a little extreme but I ended up moving from NY to CA to trade the mornings and during the move, I traded full time while looking for work. Places out here are pretty laid back with the hours you can work...
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    Why do 95% of retail traders lose?

    Read here. This was from a prop firm, but the stats are about the same. http://www.elitetrader.com/vb/showthread.php?s=&threadid=162253
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    Experienced Traders' Bloopers

    About 3-4 years ago, I was trading small and my days were +/- ~$200. I had a sim account and my live account on the same platform. One day I just nailed a stock that was running off the open and ended up having my first $1,000 day ever.... when I went to check my account, my ballance was still...
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    Traders - What are your hobbies?

    Motocross for me. The CRF in my name is for the bike I owned when I signed up here, a CRF250. Many bikes later and now I ride a KX450f now but the name stays the same. I've been riding for over 15 years and this never gets old :-) <iframe title="YouTube video player" width="480"...
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    CL Redux

    Traders shorting the spread, buying light sweet, selling brent.
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    Biggest day ever

    I see this on allot of old posts and it's kind of depressing. I always wonder what happened to some of these traders from the past. I even posted asking about some and the other day I was just going through some posts by "no pm please" who had a nice journal about starting a trading system...
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    What ever happened to these traders?

    BUMP ;-) Still wonder about traders I used to read on here that no longer post. Anyone remember Dee Man?
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    2010 Kentucky Derby

    I like Lookin At Lucky, Paddy O'Prado, Devil May Care, and Awesome Act. Homeboykris and Make Music for Me for longshot wins. Got small bets on each to win.
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    Pair Trading Strategy Journal

    That's what I ended up doing, just track it manually from that point.
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    Pair Trading Strategy Journal

    Another bug that I noticed to. What is happening is that you have the PTF running during the day and the trigger was set off intra-day. Then if you shut down the program and the price has changed where it wouldn't set off the trigger, it will show up not in the trade. For example, if you have...
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    Pair Trading Strategy Journal

    You can highlight and delete pairs you no longer want to follow and then add pairs you like from back tester. Once the pair is saved in the console, it will start to be checked for triggers for entry/exit.
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    Pair Trading Strategy Journal

    That's one of the bugs I'm talking about. In the back tester, it gives you the average correlation percentage, but not the current percent. So a pair could have an high average correlation, but now have a very low correlation. For example, the pair DIA/NX has a high average correlation ~85%...
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    Pair Trading Strategy Journal

    The program has a "beta" release feel to it and has several bugs and could use some enhancements. The only setting that you can adjust for the trigger is the +/-. I think default it's set to enter on a +2 or -2 and exits at 0. All the other signals(correlation, spread, ...) you have to...
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    Pair Trading Strategy Journal

    Darshan, in the Pilot box in the top left of the program, there is a icon that says Triggers, second one from the left. Click that and it should open a new tab named Triggers and that will list all the entries and exits. The newest triggers are the ones at the bottom of the list. I'm trading...
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    Actual interview brainteaser at a top flight shop

    There are 9 possible ways to get 3 tails in 5 roles. 5/9 require a 1 on the first flip, 4/9 have a 0 on the first flip and 1/9 starts with '00' requiring you to get 111 on the next three rolls. How to use that to make a betting strategy I'm working on :confused:
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    When Israel Bombs Iran How Will Market React?

    Wouldn't you be able to pick up radiation after the blast or an EMP during the blast?
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    California unemployment fund is broke!!!

    I don't know what that guy is doing but I live in California and I was unemployed from June till October this year and I never had to make a phone call. You go online and put in a claim, 1 week later you get claim form in the mail, you check off a couple boxes, sign it, and mail it back. A...
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    What ever happened to these traders?

    Steve, Since you no longer trade stocks, do you think you can give some insight on how you traded so consistently? It was like clockwork, 100k shares traded, $2k profit, day in day out. Also, did anything you leaned in stocks carry over into futures? Was the learning curve longer or...
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    What ever happened to these traders?

    Steve Tvardek and SammySOESa? When I first joined ET, I remember seeing Steve's posts in the PNL thread and he was one of the most consistent traders here at the time. The other was SammySOESa, he had a pnl blog posted on his personal site and he was also pretty consistant. What made me...
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