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    vacation..

    Ok-- thanks for the info. Pat, it's funny you mention cruise.. my fiancee and I are getting married and going on a short 4-day cruise for the honeymoon in April. But she would probably be offended I'm guessing if I did any work at all at the cruise. That is pretty cool with the satellite...
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    vacation..

    Hi all, As a propective (hopefully) fund manager, I have a perhaps silly question. This applies only to funds with just 1 manager who trades at least once a week/day. What happens when you go on vacation? (Can you do that) :) :) And I'm talking about something where your family won't...
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    turtle, Thanks for the information-- looks like I got more research to do. I am surprised it only trades 8 contracts that day for that particular option-- I must admit I am shocked that a major stock that was a Dow stock a few years ago (AT&T) only traded about $1,000 worth of options for...
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    prop firms

    Don, Ok-- thanks for the replies. Yeah some of my ideas might have been off the mark since I don't understand how it works that well. I still didn't understand how the firm makes money, besides commissions and overnight charges. Or is that it? If you give me $1 million (eventually) to...
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    prop firms

    [ I've created this new discussion thread since this isn't really for the hedge fund discussion ] Don, I'm open to anything that makes sense. But for one thing I don't understand how prop firms work. And from the little bit that I have read, it doesn't sound like a good fit in my case...
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    Starting a Hedge Fund

    ktm, thanks for the reply. Yeah there is no way I'd try this by myself, the regulations are too complex. I spoke briefly with the principal of turnkeyhedgefunds.com a month ago and he was very helpful. He is on one of the main Hedge Fund trade association board of directors so he is...
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    future options broker

    Hi all. I actually have several questions all at once, thanks in advance for any help! I would like to begin trading future options. I need a wide range, such as what TradeStation provides: CBOT: Corn, Lumber, Oats, Rice, Soy, Wheat, Treasuries; CME: Cattle, Milk, Currencies, Indexes...
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    Starting a Hedge Fund

    Thanks for starting this discussion, ktm. I've been very interested in starting a hedge fund as well. I disagree with many posters here that say hedge funds are only a good idea if you are as good as Soros. One advisor I've been talking with helped start a hedge fund with a partner several...
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    Outsourcing & Jobs Report

    First I wouldn't worry about the number of jobs, most of the media/political talk is the usual doomsday scenarios that sell newspapers. Like the jobs thing.. "we lost 2 MILLION!! jobs.." but then they fail to mention that we are employing a higher percentage of people than our average the...
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    ===== You try to do that many contracts in an illiquid option the vol will explode against you. Not somewhat more expensive ... ===== Hrm-- so even if I'm in a reasonable dollar amount with the underlying stock (again say 3% of the dollar trading volume), if I buy the option I'll still...
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    Ok-- Neil-- I just saw your 2nd reply-- that makes total sense. So I'm guessing I won't impact prices too badly as long as the number of shares I control is 3% of the daily dollar volume traded or less. (The 3% number is just a very rough guess on my part). So in AT&T's case today...
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    Thanks for all the help all.. The one major problem with my strategy is that it doesn't work on just 1 stock / currency / commoditiy. It is "out of the market" about 80% of the time, so it only works well if I have a portfolio of at least 30 (preferablly more like 100) different...
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    Neil, Thanks a lot for the help.. I'm not familiar with delta neutral techniques but just found a great tutortial on the web and am reading it now.. thanks again! -Taric
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    ===== If you tried to move that size, the price on the screen is irrelevant ... ===== That makes sense.. I guess what I'm trying to ask is in this case what would be the maximum I could trade without impacting prices? 10 contracts? 100 contracts? 1,000 contracts? Thanks, -Taric
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    ===== Do you have a 100 million USD portfolio? If not, why worry? ===== Well, I simply want to leave room for potential. I know some people like to limit themselves, maybe I am overconfident -- maybe I'm a dreamer, but I always aim high. And if I'm one day making trades in the $20...
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    max amount

    Actually I posted something similar under another forum, but it is most related to options right now.. Basically how do I figure out what is the maximum amount of options I can buy without impacting the market more than say 0.1%? For example, I'm looking at AT&T (symbol T)'s option...
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    market impact

    Hi all. I'm wondering which makets can be traded if you trade in large sizes. For example let's take a $100 million USD sized hedge fund or bank trading desk that on average makes trades of $20 million. In the case of options I'm just talking about the amount controlled, not the size of...
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