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Speaking as a CFA Charterholder (where I learned that markets are efficient and timing is a waste of transaction costs), I would say to pick an allocation to stocks that you feel comfortable with and stick to it. Speaking as a trader who knows the markets are not efficient, I would say the...

Yeah, my biggest concern about Quadriga is growing too large as well. Some futures markets just aren't all that liquid and I would say Quadriga does, in fact, have a "huge amount of money" under management. Has Quadriga's management ever discussed when or if they would close the funds to new...

If I'm looking at the right numbers on the quadrigafund.com website it looks like April is down 12.92% so far. That's a lousy month for Quadriga but not unexpected. It's a volatile investment. A lot of risk goes with the chance for big returns. Stay the course and you should do fine. I...

Do you mind sharing what hedge funds you picked and how you found them and how your portfolio model works? I'm very interested. It sounds like you are taking a very quantitative and analytical approach to your asset allocation.

Have you searched through past postings in this forum? I believe the topic has already been discussed.

The discount to spot is a function of long rates minus short rates. The long rate or yield on a long bond is a combination of the coupon and the amortization of the discount or premium versus par. So, in short, I think the answer to your question is "yes". Buying long bond futures is just...

Going long long-bond futures is the equivalent of the carry trade. The discount from spot is due to the difference between long rates and short rates and will gradually disappear as the futures contract approaches expiration. Unless you lose an offsetting amount due to long rates increasing...

Sage advice, Neutrino. You sound like a successful trader.

We should get those guys from CSI to enhance the images. On that show they can always take the fuzziest images and make them really crsip. :p

*laugh* I'm glad you are still smiling, Armo. Interesting story. Thanks. How do you "type" in your posts? Does voice recognition work well enough or do you use another input device? Have you read Nick Leeson's "Rogue Trader" autobiography? You'd be able to sympathize with him and...

Commissions, you mean? (Fees are charged by the exchange and NFA and don't vary except for exchange members.) You'll be hard pressed to beat FfastTrade.

Thanks, IndexTrader. Schindler Trading trades futures (NQ, Dax, T-notes, & Euros) and is 100% systematic. See our website at www.schindlertrading.com for more info. Let me know if you have any other questions (but so as not to impose on Jack's asset allocation topic, please email or PM me).

Yeah, it can be frustrating. :mad:

Are these all big, liquid stocks you are trading? If so, options could work for you. But if you have some smaller caps, then there might not be active options on those stocks and you'll have to stick with the equities. And if you do switch to options, don't go and increase your number of...

Here's a silly story... Last month as my share of a class action settlement for investors in AremisSoft (which I briefly traded during the bubble) I got 2 shares of SoftBrands (SFBD.PK). Woohoo! They even sent me the stock certificate. It turns out that SoftBrands trades at $1.23 per...

Lack of shares available to borrow is an important reason TASR has gone up so much. If everyone who's bullish gets to trade and everyone who's bearish is barred from trading, guess which way it goes? :)

I'd also recommend taking a look at FfastTrade for a fast Eurex connect, good rates, and good customer service.

About how much did you spend on commissions? With a blended long term/short term tax rate of approx. 23%, you overpaid your taxes by 23% of your commission amount. For example, if you paid $1000 in commissions, you overpaid your taxes by $230. $1000 in futures commissions at IB for the year...

Enkidu, are you trading to make money or to have fun? If to make money, perhaps you would be better off investing with a professional money manager and letting him do the trading. There are many good managers listed at www.iasg.com. Feel free to PM me if you'd like to discuss.

I put down two lines on my 6781. I list the IB gross proceeds exactly as the 1099 shows and then I also put a "commission expense for Interactive Brokers not included in line 1" number. I figure the IRS will have less of a problem with an "extra" number on the 6781 than they will with not...