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With all due respect... You miss the forest by focusing on a tree... That hoary old correlated versus cointegrated mind f*ck... And your conclusion is simply not correct. There are 1000s of quality Listed pair combinations... And a pair must satisfy a mathematical corelation such as >...

When Worldcom or Tyco or Enron were defrauded... The CEO and top guys were obviously responsible... and got serious jail time. This is simply not the case in the securities business... Where CEOs of the exchanges are in total f*cking charge... Know and plan all the stealing going on...

Before giving your money to a broker... It is prudent to verify that broker is stable and ** profitable **. This is highly unlikely... In cases where unproven, unique, or fraudulent business models are employed. One year ago I was offered a carte-blanche prop job by a broker that...

Thank you for your thoughtful response. This is exactly what I mean... TA junkies are blindly driven my greed and greed and greed. Dreams of easy money by buying off-the-shelf books and software... Is the hallmark of a Loser. And for the adults among us... Here is a very good...

Yes and no. Some elements of "techical analysis" may approximate the methodologies used in quantitative analysis... The problem is... That the field of TA is polluted with countless, unfounded beliefs like "pattern repetition", "resistance levels", on and on... All jacked up by Insatiable...

Yes... you are right... IF you ignore my phrase "trading strategy"... And assume the principals are ** not trying to win **... And the principals are basically inexperienced and incompetent. That's a lot of assumptions I did not make. Mathematically... It's almost as hard to design a...

What constantly amazes me... Is that even fairly intelligent and educated people do not understand... That there is MINIMAL difference between the financial markets and casinos. To be specific... I am talking about short term trading... not long term investing. Both industries exist for...

Reversion to historical mean... Is a classic form of quantitative analysis. Mixing it up with "technical analysis"... just dilutes it's power. It's also a short term strategy... hours to maybe 2-3 weeks max... Because if you are still hoping for reversion to mean after many months... You...

Actually... It's almost as hard to lose $5 billion in one week... As it is to make $5 billion in one week. People do not easily realize... That if you can deliberately lose money ** via a trading strategy **... Then you can just flip it and make money.

Sounds good. Was at the last one... Was fine... enjoyed the company... talked to many guys there... But did not actually meet a serious trader running a well-capitalized business. That's mostly the point... To connect with people one can do business with down the line.

Sharpe Ratio has nothing to do with "feel"... And ROI is not a "function of leverage"... And your use of the English language is sloppy and undisciplined in the extreme... bordering on reckless... And very likely mirrors your money management style. Arbitrage funds that grind out a steady...

Actually... If you have a profitable quantitative strategy... and only use Limit Orders... Your profit from an AMEX-listed stock will be perhaps 70-80% of an identical NYSE-listed stock. That is real money... and not bad at all. In your favor: The market fragmentation results in various...

The Man is a testament to self-promotion... And building/maintaining relationships with influential friends. I have his book (doesn't everyone?)... And it's an endless hodge-podge of hoary old trading cliches... That do not get in the way of the Real Purpose... Shameless promotion of all...

Why are you getting LEGAL ADVICE at Elite Trader? That kinda tells me how seriously you are to be taken. If you cannot hire a good Law Firm ** experienced in Securities Law and IP Law **... To protect YOU while 2 parties draw up a contract... And do not have at least $50-$100K to litigate...

Here's an article by some pros... On NYSE "trade throughs" and "out of sequence prints". It may be 4 years old... but I doubt much has changed. http://www.hedgefundnews.com/news_n_info/article_detail.php?id=266 Their Conclusions: (1) You are entirely at the mercy of an NYSE that is...

If you trade AMEX stocks... You have to assume you will be "gamed" by just about everyone along the food chain... That almost anything can and will happen to your order... And build that into your Transaction Cost assumptions. (The US Constitution, Federal, State, and Local Laws, SEC...

The insurance is pretty standard... What you will see with a Customer Account anywhere in North America. So it's not the "insurance" that's the primary consideration... But the chances of IB's insolvency. IB's risk of insolvency is much lower than others because: (1) IB religiously...

This is the way to go... I use Casper XP. A very good setup is 2 internal SATA drives... And one external SATA drive in a quality enclosure like NexStar 3. Internally you byte-by-byte clone c: to e: every 2-3 days... While the external drive can be a more sporadic clone or perhaps a more...

There is a good reason... Why formal, difficult, university level education exists. It's the ONLY way to TRAIN a person to think differently... on a much higher level. 4 to 10 years of Intellectual Boot Camp... Teach doctors to think in specific, structured ways... Teach lawyers to...

Nice to encounter someone here with a moral pulse. As a generalization... People who specialize in profiting from human disasters, fraudulent stocks, or illegal trading... are sociopaths. Nobody forces you to rush to short airline stocks after plane crashes... After you shorted that...