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    Ritchie - The Open Source Exchange - Call for Contributors

    Where do I mention "exchange" in my post? Do you think NYSE or Nasdaq is a monolith running on one single computer. :rolleyes: I'm talking of micro services from a generic perspective. ProtoBuf is just vanila sockets with a standardised bin-packing protocol that is language agnostic and can be...
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    Ritchie - The Open Source Exchange - Call for Contributors

    Architecting a system/application as micro services in Docker make it easy to outsource development to India and other low cost countries. The deliverable is a Git repo able to build a complete working docker image with micro service working according to the order specification. Input/Output...
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    Bitcoin multi-year forecasts

    The difference is XBT has a real world use that will drive new people into it, while gold has not. Gold is only good as a door stop. Oil is a energy commodity and not comparable.
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    The Boy King of Ethereum

    Do not own any ethers, but I believe strongly in the concept of DAO/DAC. A business entity consist of business processes that governs it functions, and this should be possible to automate using smart contracts and external API interfaces, so one can build a corp/business that is hybrid...
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    What happened to the old traders

    They retired and stopped trading. What is the point to keep trading if you got $5m on the account, you can just pluck it into long term investments and enjoy life. Trading is boring, why would one trade if one doesn't have to.
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    Is it okay to use forex signal services?

    Time has value. It will take minimum 8 years for a new trader to get to the point where he breaks even on his trading. He may have $100,000 in accumulated losses that he needs to catch up with. So he need to make back lost capital + lost return from stockmarket + inflation during the time...
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    a half Billion fund with so low revenue?

    Yep, there some "absolute return" strategies with billions i AUM that pump out 5-8% annually. They have customers for their niche.
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    Is it okay to use forex signal services?

    Yes, but stear clear of reckless gamblers that show and target huge returns. Invest in those with a long term perspective and got patience and continuity. Many people are greedy and want to make large returns quickly. They seek out these high risk gambling systems with too high returns to be...
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    How do I turn a $1000 trade to $100,000 within a year instead of 10 years?

    Well, you can.. But the probability of success drops to almost nothing. There's higher probability of turning $1000 into $1100 than turning $1000 into $2000. You can buy a powerball ticket and turn 10 bucks into millions, the probability of success is infinitely small. So I would say it is...
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    Risking 1% of your total equity. Does this refer to the stop?

    I have hear about the 0.1 percent rule for day traders. This is in relation to total account equity, not how SL for open trade position is managed. Just of a rule of thumb to conserve your account equity so a string of losses wont deplete your account. Swing traders use larger size as they trade...
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    Trading in Paradise??

    Marbella, Malaga, Canary Islands has great weather year around. One also has to factor in other things like food, restaurants, night life, women, etc. Life is not all sitting in front of the screen. I know Marbella/Malaga area has a retail/ex-pro trader community. So it's nice to be able to...
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    Interactive Brokers is a scam, 2-3x margin maintenance requirements

    Good that they keep gamblers away. So you don't mess up for us pro's with your reckless behaviour.
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    Home-based algo server

    The biggest benefit of running your algo in the cloud is redundancy on the internet connection. If your internet access at home go down you have an outage and lose money. Same if computer or networking gear breaks and need to be replaced. It may be worth it to pay some extra $ for a VM in the...
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    Home-based algo server

    No, you don't have to. Regular day trading or swing trading algorithms work fine to run from a server at home. Low latency strategies is not for retail traders and should avoided. An regular PC with 16GB memory or more and a CPU with 4-8 physical cores work fine as a server.
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    How to start a Hedge fund?

    Do you have: a) talent b) experience c) knowledge d) credibility e) edge/alpha HF is as much as a investing game an social game where you have to meet clients face-to-face to sell yourself and your capatibilities. It's more about trust and strategy than the historical performance. If you...
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    One of the World's Most Successful Hedge Funds is Facing an Employee Rebellion Over Donald Trump

    Magerman got the boot. http://dealbreaker.com/2017/02/robert-mercer-trump-rentec-insurrection/ Anyhow bringing political drivel and discourse into a business is unprofessional and bad for employe ambience inside the company.
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    Converting ETF system to trade options

    Did forgot to mention that the trading style is swing trading and position hold period is 1-6 days. The stop loss in $ for each trade is $7000 so these is a decent volume to work with.
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    Converting ETF system to trade options

    Is it possible to increase returns by just changing trading instrument from ETF to index options and keeping the same risk in $ ? Lets say I have a system that trades the QQQ and the RR-ratio is 1:3. Ex. each trade do risk $100 for a expected profit of $300. The profit target is fixed 3% and SL...
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    What kind of approach can make you INSANELY rich?

    Doesn't need billions. I'm perfectly happy with $2m, which is a realistic and achievable goal. Being able to generate annual 30% of that indefinitely one can spend $50,000 every month for the rest of ones life.
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