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They caught Spitzer. They probably have a bunch of ET'ers on the list, but just haven't bothered since most of them are losing money.

I'm now regulated and have to follow strict rules for trading, all my trades have to be approved and I have to hold for 30 day minimums. This process is painful, because our trading commissions are ridiculously high with my firm to deliberately discourage trading. If I gave $100,000 to my...

I lost about $10,000 learning how to trade before I made it all back. I traded futures, currencies, and stocks. I'm still here 5 years later. Not super wealthy, but not broke either. This is just my opinion -- it's hotly contested on ET -- but indicator based technical analysis just does...

I've been exposed to quite a few option pricing models and the ideas of clustered volatility, but I'm having a tough time understanding how market-makers quote both sides in the underlying -- basically stocks. Is it mostly a statistical relationship? I.e., regression / factor analysis and...

I find this thread horribly depressing. I used to do small projects and stuff for free to keep my skills sharp, but now I am regulated and no longer do anything outside of work -- aside from pet projects. They pay me nicely to compensate for my inability to trade anything except on paper or...

Nice work, I will definitely try this out sometime. The biggest improvement I need for my system is to somehow get SAS or R or something along those lines integrated into my code without using all kinds of hooks. Time-series analysis is becoming another serious bottleneck in my system. I...

Nevermind, I figured out what I was doing wrong.

If I perform a PCA on the correlation matrix or the covariance matrix of the set of log-returns from 8 stocks, how exactly do I take the resulting eigenvectors corresponding to the first two or three lambdas and construct a regression model from it? Suppose I have 8 stocks, one of them is a...

I used to work at Microsoft and know the Windows architecture fairly well. Programs like AIM and Yahoo messenger inject DLLs into other processes via "hooks" in order to determine if the user is idle or not. This is how they know to change the color or maybe you "idle" or "away" without you...

There was an article recently about some numb-nuts in Pennsylvania who put alligator clips on his wife's nipples and shocked her for sexual pleasure. He eventually ended up killing her, and I think he now faces manslaughter charges. :D Thus, I don't think the expectation on this method...

Well, I'm not saying don't take accountability for it. All I'm saying is don't take TOO much accountability for it -- as in, make it personal. Obviously, there's a fine line in there somewhere.

I don't advise it. And stay away from people who make you feel bad. I noticed I was being too hard on myself in some cases and really beating myself up instead of acknowledging human error for what it is. We all don't make perfect decisions, both in life and in trading. I find it helps...

I think it's probably worth mentioning a few details about my code and how things work now. Statistical calculations in C/C++ take a lot of time to code and code correctly. As much as I wanted speed, I just didn't have the time or energy to one-man the effort to rewrite all of the...

Pretty good. Rewriting my principle component analysis code at the moment.

I'm doing quite well with basic technical analysis as a timing tool; however, my most successful trades when reviewed on a journal have to do with fundamentals. This is my most successful year ever, and every single trade was a strong, trended trade with solid fundamentals. The problem is that...

I'd like to use a combined approach and start to construct generic models for understanding what's going on.

I don't know all that much about reading and coming up with a valuation for a company. Can someone recommend some texts for a guy who didn't go to business school, but instead was an engineering monkey?

Surprised someone resurrected this old thread. IMO, the "waste of time" aspect has nothing to do with the profession itself and more so the actual job market. I just think that if you calculate the number of job postings for the quantitative stuff vs. the number of people entering degree...

Let me tell you right now that Genesis will never give you every quote from the exchange correctly. If you take an ARCABook/ITCH feed straight from the exchange and run it in comparison to Genesis, it will not give you everything. It drops quotes and L2 book updates from time to time. In...

I still laugh at Noah, because he got the ass job of having to round up every animal.