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CubFan is right. There is zero connection between CFA and trading. Show me a candidate with documented born math talent... (Were you 1st in math in Grade 10?) Who has a history of poker, sports betting, blackjack, and trading... A non-conformist who understands that the securities...

As someone who makes 50,000 trades/year via IB... And is well advanced in building ATS with the IB API (VB6 with Excel front-end, it's stable and working great)... I'm gonna watch this thread. I'm on your side... so view anything I write as off-the-cuff "critical analysis". (1) You are...

I doubt that one can prove or disprove what Specialists do... Unless you are one or know them personally... Or are a member of NYSE and they work for you. At least 15 Specialists are up on criminal charges right now... So if it is against NASD or NYSE regulations... and therefore...

Sigh. GOOG is not a "search" company. GOOG is the world's largest supercomputer... Custom designed from scratch to provide average people FREE thin client applications over the web... And then make money off ads. The FREE software can be anything... Search, email, maps, word...

> Quote from science_trader: > 0.4% a day, Sharpe ratio (if one can rely on that) around 5... > Any more comments about backtesting ? >> Vow. >> Yearly return of more than 200% with Sharpe ratio of 5. >> Is this for single-strategy or a portfolio of strategies? Vow 1,000,000...

The people pontificating about possibilities of doing this and that... Ignore the mathematical laws of risk/reward that apply to ALL securities strategies... Except insider info and market manipulation approaches. If you are not familiar with Gambler's Ruin... You definitely should not be...

Yeah... I've been experimenting with the newer NVS 440 PCI-x. It's a very complex product... Not very well documented... e.g. no examples for 4 monitors and no troubleshooting section. Just seems unstable. There is ZERO troubleshooting info on the Web for this rare card. And when you...

I find it amazing that a trading forum... Allows itself to be high-jacked by Third World Islamo-Fascists... And their Stooges among us. Is there some reason that escapes me... Why people dedicated to the destruction of the US financial markets... And the random murder of American women...

I have the exact same problem... A large (about 10,000 lines) VB6 program running as a compiled exe... Fires up my hard drive every 10 seconds and then does a big, loud seek... All day long that I am trading. It's definitely not an infection... Because it's been duplicated on different...

Your chances of Gambler's Ruin are extremely close to 100%. http://en.wikipedia.org/wiki/Gambler's_ruin You can read this... But why bother... When you can just DREAM.

This is the ** entire content ** of your response... no more than a RANT. Unlike my posts that are oversimplified... But non the less address specific real-life trading challenges... There is nothing in your content above... To indicate that you have any advanced level of...

You miss the point: (1) Mechanical systems, however complex or "restrictive"... Will always give you a certain number of proposed trades that an experienced trader would avoid. I ** cherry pick ** from among many opportunities to exploit. Can you list 10 major pitfalls indigenous only to...

I believe that most ISPs charge for anti-spam service on the order of $10-$20/month... It's a major source of revenue... So they are in bed with the spammers... Just as phone companies are in bed with 900 number scammers, viruses packing dialers, etc It's entirely beyond me why people...

As an experienced quant... And as someone who has made 300K-400K trades... I completely 100% disagree with you. Once you develop a workable strategy that takes advantage of some market inefficiency... What makes it successful is NOT sticking to it with iron discipline... But having the...

Mailwasher is not very effective... I'm getting rid of all my ISP email accounts... Because I get about 100 spams/day each... Versus maybe 2-3 legit emails... And Mailwasher catches no more than 20-30% of spam... So it's f*cking hopeless. Easily by FAR the best is GMail... Where I am...

You know... People seem very impressed by IB's growth rate... But they are < 1% the size of Merrill Lynch. http://en.wikipedia.org/wiki/Merrill_Lynch I actually think that their obssession with automation... And inflexibility about automation... Significantly limits their growth...

IB is like learning a new culture... So the onus is on the customer to learn how IB likes things done... ** And adapt to IB **... cuz they will never adapt to you. Complaining about this fact of life is pointless. In terms of Canadian deposits... Get your lazy ass over to a Tier I bank...

Clearly you need to move up the programming tree... To achieve anything other than patchwork security. Also... People tend to ** vastly overestimate ** the value of their trading system "intellectual property"... And overestimate the desire of "brokers" to to steal existing software...

OK... the security has been called for September 13, 2006... But, of course, will continue to trade until that date on the NYSE. IB has a policy of not allowing trading in "called" securities... In order to minimize "reorg" costs. That is fair enough. But notwithstanding the...

It's 6:45 EST Friday morning August 18th... And after calling and emailing IB since Tuesday... This live NYSE listed symbol is still down... And not tradeable through IB. http://www.nyse.com/about/listed/lcddata.html?ticker=AMHPR Please fix this symbol. Thanks.