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outsourcing Why is it a waste of time and money? If you are to give someone a detailed description of the work required, do they have the ability to screw it up real bad? Unless you get uncommonly lucky, the programmer will take longer than expected and fail to deliver what you want or maybe...

You're asking interesting questions here. I'll bite, but keep in mind my opinions could be nonsense. 1) computer language The best one is the one you already know. It's harder to get good at programming than most non-programmers expect. The best way to get good is to do it a lot. One of the...

I have FF31 and have not had this problem. I think the most likely cause is either an FF add-on or the most recent Windows update that I recall had some kind of font problem. I have not [yet] backed out the Windows update because I haven't yet seen any problems. For more info...

New Posts is a nice feature that would be a lot more useful if I could filter out certain forums such as those in the Community Lounge section. I have no interest in those.

Some stocks trade between 9:30am (Eastern) and the official open, and most data sources report the first trade after 9:30 as the open, rather than the MOO price. I think a significant number of NYSE stocks trade MOC, and NYSE MOC orders must be committed at least 20 minutes before the close...

I received this in a recent email: While in our beta stage we will hand select a few traders to start trade tracking. These accounts will be tested under live conditions and will be some of the very first to be added to the FundSeeder network. If your trading account is with one of the...

I think this is an important point that a lot of buy-and-hold investors don't consider. There is a difference between a good outcome in the past and a good strategy going forward. I think the 2008 financial crisis was worse than the 2000 crash. Sure we recovered within 3 years, but there was...

I think we're talking about two approaches to trading, either of which can work. But they feel very different. I started out as a high-performance trader wanting to make as much money as possible as quickly as possible. I had some success with that, but as I have gotten older, I have become...

I mostly agree with NoBias, except that I have lost interest in SSD for a desktop system because of price and reliability. SSD is good for laptops because of shock resistance and better battery life. I bought a Dell Inspiron with i5 processor and Win8 from Staples on sale for around $450 as I...

Judgmentalism is probably part of it. But I think a more important part is that they know most traders lose, and they see people who attempt it as fools or flakes. That makes them feel superior. If they find a trader who is successful, they are envious of the trader's success and resentful of...

It's not clear from your code snippet when you request market data, etc. You should do that after receiving the nextValidId() event which signals successful connection. If you have any unhandled exceptions, all subscribed data streams are immediately stopped. You could be having an unhandled...

I agree with Baron that running as admin is less secure. That said, I have been running Win7 Home Premium (64-bit) as admin since 2/2010 and have not had problems. There is almost always a tradeoff between security and productivity.

I wanted to be a money manager and make big bucks. I naively thought my trading record would sell my services, but that was not the case. I am able to pay the rent trading my own capital, but I'm not getting rich. But I no longer have any interest in managing money.

I was registered for only one year (1996-97), and I did the registration process and disclosure document on my own. I didn't need pool registration, and probably would have outsourced it if I did. I was warned that the NFA audits were burdensome, but I never got audited. I also never had any...

You should have no contact with CFTC unless you want to lobby for rule changes or they start an enforcement action against you. NFA does everything for registration.

Whoever advises on your SEC/Finra registration should also be able to advise on CTA. If you want to check on your own, the NFA seems to be reasonably helpful. Also, CME has a free booklet entitled "How to Become a CTA" that was published quite a while ago but might still be available. In...

I cancelled an order late in the session, and the status is magenta (awaiting confirmation from venue).

@IBsoft: I have been thinking about this ever since your post. If IB routs my non-marketable order to IEX, and the order subsequently becomes marketable, IEX is then required by Reg NMS to rout it out. Correct? That's what I am looking for. I am a retail trader and a liquidity taker. I see...

I got involved in tax lien and real estate investing some years ago. I too was attracted to reports of high interest rates. What I found was that the annualized rate of return on each deal only mattered for bragging rights. The important issues are: 1) do I like doing this, 2) am I good at...

Many managers do it that way. If you or the client are in the USA, or you use USA exchanges, you will have to be registered.