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    borrow money to trade

    I actually don't see borrowing money from friends and family for trading as much different than borrowing money for any other purpose. The question is, when you say "borrow" do you actually mean "borrow"? Are they investing in your business (you succeed and they own a portion, but if you fail...
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    Startup launches commercial electric plane business

    Wright Electric Tesla Are businesses just going to keep taking names of famous people in particular fields as their business names? What company names will be used in the coming years? Buffet Investments, Trump Debt Consolidation, Musk Marketing?
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    CME tag 37 changes, anyone have thoughts on this?

    Certainly you can estimate queue position based on price levels, arrival times, changes, what effects queue positions, etc, but it's merely an estimate. What I mean is this: Say 4 orders come in at the same price (orders A, B, C, D) and that none of these orders are identified by unique order...
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    CME tag 37 changes, anyone have thoughts on this?

    Think "queue position".
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    IB sold me put vertical for a large debit that should have been a credit

    Basically what Sig said. Don't worry about the components. The important thing is the aggregate. Is it what you expected?
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    aspiration bank

    Considering they're targeting middle class instead of millionaires, I think it will all work out. FDIC insurance goes up to $250k right? ;)
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    Synthetic long uses more margin than just being long?

    It is not strictly the same as you are exposed to vega risk and as such more risk should incur a higher margin requirement. There have been other threads lately regarding IB's margin policies, so perhaps they're being extra cautious. What sort of margin difference are you referring to here? Is...
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    SEC Denies Winklevoss Application for a Bitcoin ETF

    This is correct, however some times this is used as an implication that e-currencies have no underlying support compared to fiat. I take a more positive interpretation -- without any government mandate or coercion whatsoever, people have freely chosen to utilize them. What does that say about...
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    Remote algo trading firms

    What are you trading equities, futures, options, FX, etc? I was looking for algo prop firms a while ago, but didn't find anything that seemed to make sense for me. I have a bit more capital (low 6 fig), so my motivation was to get lower commissions and possibly cheaper data access through the...
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    A little girl's statue was installed in front of the Wall Street bull

    A female standing in the way of the bull, making it stop in its tracks? Perhaps I'm bad at interpreting art.
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    Bitcoin Surpasses Gold

    Unlike fiat currencies (or even credit cards), the value as well as the transaction fee will be entirely dictated by the market and the transaction fee will rise to whatever minimum necessary to incentivize people to perform that action. You can think of it in terms of arbitrage if you like. The...
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    Bitcoin Surpasses Gold

    This isn't entirely true. The incentive to mine will be the transaction fee. Presumably as the coin supply dries up, the incentive will switch from the block reward to the transaction fee. The block reward also decreases over time, so the block reward incentive is decreasing anyway and as such...
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    Home-based algo server

    I am aware that 99.95% uptime allows for 4.38hrs/yr of down time. That's an SLA, not actual. SLA is just what they guarantee or they credit you for outages past the SLA's allowance. Also my systems run across multiple servers across multiple availability zones, so my actual system level uptime...
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    Home-based algo server

    Thanks. Will look in to them / the specifics of their claim.
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    Home-based algo server

    You mentioned 99.9999% on your post. Your company only claims 99.99% on its website (which I'm skeptical of). Once you get to this level of uptime, moving the needle a small amount is very costly. We pay a few thousand per month to AWS and even they only have an SLA of 99.95% on their VPSes (EC2).
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    Home-based algo server

    You're asking for a computer suggestion without giving any details whatsoever on the resources required to run your algorithms, which leads me to believe you aren't actually going to go through with this due to lack of experience. I'm going to recommend a raspberry pi so as to save you some money.
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    Home-based algo server

    From my experience, I've never had a VPS provider that has 99.9999% uptime. I'd be thrilled if you could refer me to any provider that actually meets this. Thanks!
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    Demo contests? Worth to try?

    I don't know what contests you're talking about, but there's always going to be a group of people who take the mindset of "go big, or go home" in these demo contests who find trades with extremely high reward potential, but very low probability of success. You have enough people trying these...
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    Career Advice

    This reminds me of a Groucho Marx quote. You have to ask yourself about the longevity of a small hedge fund that is willing to hire someone in charge of protecting them via options strategies who asks if they need to know mathematics.
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    AMZN Put Help

    In case it wasn't clear -- my recommendation is to stay out of options because you don't seem to have a good grasp of them. This recommendation is completely independent of your choice to buy a put, that you chose AMZN as your underlying, what I think of AMZN (the company) or what I think of...
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