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I wish I got some benefit out of Obama's tax cuts. What I don't get is that $250 social security payment. What is that, 1 half of a month of groceries for regular people? Maybe a month over 3 years if you buy 3 years worth of mayonnaise at costco in bulk?

The basic Q: How much is your house worth on the market and the city, and if you feel like providing sq ftage and such, feel free. I consider ET to be a fairly random cross section of people in the US/Canada, outside of the ghetto, plus a few foreigners outside North America. If you're a...

I make over 150K a year in NYC and I still live a pretty shitty life. This isn't by choice -- apartments are expensive (still), taxes are ridiculous, and the city doesn't really lend itself to cheap socializing. Don't feed this crap to new dreamers. They need to know that the NYC life is far...

There aren't that many datapoints in what you are trying to do, so I imagine some basic programming in your statistical package of choice would be adequate for this task, particularly once you have pulled the data from a reliable data source.

I'll give you a good reason: the management at Morgan is retarded.

Yeah but your ping times to NYC and Chicago will be total crap. 150ms+, and the crap will get delivered over TCP from some of these retail feeds. Unless you colo and automate, you will be restricted to large time-frame trading.

Your question is near and dear to my life experience, so I'm going to try and give you a sincere response as to how it all worked out for me and all the idiotic things I did to keep learning to trade. My honest and sincere recommendation to you is to save money to live for one year and just go...

Don't bother with indicators. TA is a waste of time, 90% of the time. Find some stocks with solid fundamentals or horrid fundamentals and find a way to capture the momentum.

Fork-Join is idiotic. The whole point of multiple threads is to make use of the fact that you have the same virtual address space being utilized by different threads of execution. You either need this for performance or you don't, and you can use it correctly or you can't. Look at the i7...

<i>No offence you commuters but if you cannot ride a horse none of these fancy cars help you. Technology is a trap. Simple ideas make money. I know people who still raise horses. I know many others with 10 cars who constantly commute poorly. Oh yeah, V8 engine cars transit for faster...

I wouldn't want to know either if I was looking at getting 30mil+.

Yeah I'm a goner. I literally depend on their Zyrtec to get through the day, and that's because I have allergies, ... which are probably a sign that I'm gonna get cancer from the toxins my body just flat out doesn't like.

OpenBook Ultra just added a field to their feed where the timestamps are in microseconds. When I say HF, I mean trading where that precision on time stamps makes a difference. Most options MMs are still playing games on the millisecond scale, but the stock MMs and cross-market arbitrage...

Autoregressive conditional heteroscedacity. It's sort of like AR models, but for variance. ARMA models => residuals/error terms are weak stationary -- i.e., same mean and variance. ARCH model improves on this by allowing the variance to be conditioned on other variables. ARCH/GARCH is...

I actually think this guy has some legitimate points. We're only required to tell the census that we live there, but they harass people for not telling them more. The thing that gets me about this claim that they only want 500mil people in the world -- why?? So many goods and services are...

I hate that this criticism is leveled on us quants -- not being able to multiply. Anyone born after 1975 used a calculator in middle/high school. Even our SAT was on a calculator. I don't know why they haven't changed the GRE, but... Point is, we grew up on calculators. Sure, I can do it...

Gotta know how the MMs price them to trade them, right? :-)

http://www.amazon.com/Introduction-High-Frequency-Finance-Michel-Dacorogna/dp/0122796713 Very mathy, but the part that's relevant is the "mean scaling law of returns"... He uses it for FX, but it's relevant to scalping. You can probably "search inside" the book on Amazon to read just that...

Symbols and exchanges, please? :-) Would like to verify. I know nothing about grains, except how to eat them in various forms. I love bread AND corn.

I didn't work at IB, I meant I worked at an investment bank (IB) working on issues that were similar to those in this thread. lol. I know that they were hiring when I was looking a few years ago, and that they wanted people to take math tests at the time.