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It probably means 'from zero' or 'from breakeven'.

There is a bug that Microsoft claims is in Java, and Oracle claims is in Windows. The bug causes clock errors, but it seems to happen mostly when a Java app is started. There is a workaround for Win7, but I cannot remember exactly what I did. Try Googling Win7 Java clock drift. I use the...

I know there are managers and funds with good track records, but I have the impression that the better ones often have high minimums or are closed to new money. I don't meet the criteria for accredited investor (someday maybe?), so I cannot speak from experience. I have the impression that...

In reviewing collective2.com, it seems an interesting idea, but quite a different business model from RAPA's. People who create systems on collective2.com are looking to get paid subscriber fees. Presumably, a system has to have a positive expectancy to gain subscribers, but it looks to me...

Gil Blake said something like that in his interview for New Market Wizards by Schwager: My answer to [diversification] is that you can diversify very well by just making enough trades per year. If the odds are 70% in your favor and you make enough trades, it's very difficult to have a down...

My two meter commute is one of the better benefits of being a trader. Some people cannot stand the solitude and need the interaction of other people. But I don't see how trading alone in an office away from home accomplishes anything useful.

A house is two things: shelter and an investment. I see those two confused all the time. Everybody needs shelter, but not everybody needs to own a home. Home ownership is a luxury. It may be a good investment or not depending on a lot of things. But it's good not to confuse the two, and...

If you and all your clients are outside USA, you can get by without US registration, but you won't be able to accept investments from Americans. Rich Americans can get around that by forming a blocker company in the Caribbean. If your trader is in the USA, he/she will have to be registered...

IB can handle the trading and accounting with their Financial Advisor (FA) structure. As you probably know, you can also manage multiple accounts on one computer and run multiple (up to 8) algos for each account. You can always add more computers as needed. If your algo needs little attention...

Okay, I will concede that was a good find. I lost interest in the story at some point and never followed up. I am still not convinced that Doug Allen of Blue Lion Capital in Pittsburgh is the same Doug Allen who does MLM in Texas. So maybe his hidden agenda was selling "prosperity training"...

The Doug Allen on ET said that the MLM guy was somebody else with the same name. I saw no reason to doubt that. There must be a thousand people in the country with my first and last name. I never saw anything about Doug Allen that was other than what he claimed. The same applies to RAPA...

I think I am missing something here. It is my understanding that RAPA has capital and is looking for traders. How is that a scam? If a trader has a short track record, is it not the purpose of the RAPA program to help establish a better record. No one here is being solicited to invest...

I don't see what the big deal is with option exercise. Exercises are automatic, and most of the time you will know whether an option will expire in or out of the money. The exceptions are when an option expires near a strike (i.e. is pinned). In those cases, the options are usually liquid...

I don't doubt that starting out in institutional trading is the quickest way reach the top. But that is not an option for all of us. For some of us, making the most money is not our first priority. For myself, it's important to have a life and to be true to my nature. My mentor never...

I understand that without analyzing the trader's positions, you cannot tell if he is taking fooled-by-randomness type risks, such as selling options naked. But if I had been doing stat arb in the glory days, I am not sure I would have been talking about it in a forum such as this. When we find...

For an astute trader or asset allocator with resources, knowing that somebody is making money doing [fill in the blank] is really all they need to know. The real secret is that [fill in the blank] works. Gold has been found, and the rush is on! I have been doing well lately, but when people...

You're obviously new here. They have been easy on you so far (by ET standards anyway).:p

This is a good example of two very different views of the same problem. For folks with the money, there is a shortage of talent. For folks with the talent, it's too hard to attract money.

That's the ET way. About 4 years ago, a fellow named Doug Allen showed up wanting to fund traders. ETers were absolutely brutal with him. I never did find out whether he was legit.

One of the issues we don't know about is what kind of performance RAPA is targeting. The calculation of RAPA score is propietary and confidential. By way of clarification, it is my understanding that Maverick74 is a principal with a Chicago area prop firm. Correct? I am a retail trader...