Search results

>> PS. If can make 5 million with a reasonable IR and ROC (say IR of 5 and ROC of 20%), you can find plenty of shops that would give you 25-35% of your revenue as a payout. OK, I gotta ask some questions related to how these prop shops operate. a) Do they require that you explain your strategy...

Interesting, I might consider it, gotta think about it. Right now I'm putting a bit the chariot before the horse (I still have to run my strategy privately for a while), but I like to know in advance what options I have after that.

@Van_der_Voort_4 I did say "After several months of (profitable) results I'll have to think how I proceed next". It's not like I'm going to take money from friends before running by myself for a while. Plus there's always the option of plain borrowing from a bank, at 10% - 50% (depending on...

Here are the results of the backtests as net asset value of my Interactive Brokers account ($10k) over a period of about 2 years. It's the first time (in 12 f***ing years) that I'm getting systematic profits while being in full awareness of why I'm getting them and why I do what I do. So about...

Just ran a first backtest and got a systematic positive return. Not exactly over the top but it's a start. Unless I messed up something, will see that after I review the algorithms again and run several more backtests.

Well, I'm living in an Eastern Europe EU country and it's €125,000 here. I'm considering my options...

Heck, I would have expected it to be much more.

In US, UK, various EU countries? If you happen to know.

Andy_p, you're the guy asking let's say "naive" questions (Pekelo had what is probably a more appropriate denomination). Can you give us an estimate on the amount of capital you have at your disposal for this options trading business? Do you at least have enough to open an Interactive Brokers...

Also the aversion to cognitive dissonance is sufficient that a person who reliably projects high social status will be viewed as competent and high-performing in any place. If you've got such a watch, the implication is that you must be worth something.

I suppose these watches are not for us, mortals, men born out of a woman. Warren Buffet and Jeff Bezos are humans too and need to feel some kick when they buy things. Relative to Buffet's net worth spanned over 100 years, this watch is like a $25 one for me.

But.. isn't it similar with trading strategies? Raw trading ideas transfer more easily through untrained minds than refined trading ideas transfer through trained minds. There’s a reason why large groups of traders on Internet forums focus so much on simple strategies, pity that difficult...

Fortunate for us, the retail traders. And an explanation why the "big banks" don't know and can't control everything. That, apart from the fact that no matter what big companies you round up, most of the smartest people in this world don't work for them.

Saw a thread on Hacker News discussing this article: https://minnenratta.wordpress.com/2017/01/25/things-i-have-learnt-as-the-software-engineering-lead-of-a-multinational/ There are a lot of solid points there but I particularly like (have seen) this one: "An organization populated by a...

If you're talking hedging then this one's a light read:

Ran another proof of principle test with improved hypothesis and some tweaks and results are so good that I'm almost purring like a cat. Even if backtests will be disappointing (although I seriously hope not), I've got enough material for a new PhD paper, at least I'm getting my coordinator off...

Actually I just finished implementing the largely theoretical proof of principle (step #1 in my list) for the latest strategy ideas I have and the results are very promising. Next thing, #2: backtest on real marketdata and see if the promised opportunities are there, or darn market already knows...

@fan27, OK, I'm looking forward. Although, lemme express my reserves about these trading systems where you don't need to know nothing, there's a button there labeled "Make Money!", you just need to press it. Programmers especially seem to have a fascination about these systems where you don't...

@rb7: isn't your point #2 a bit self-referring? Most important step in developing a profitable trading system is to develop a profitable trading system.

Good point! Thanks for raising this up :)