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I think you're mostly right. I don't have much defense against this other than just accounting for total disaster situations as part of some bigger-picture risk model. There were some mild things I could've done to limit exposure, but the crux of your argument is mostly true. I wasn't...

I think your post adds value to the thread, even if it is somewhat known. 2rosy had a good answer, but one thing about telecommute work is that most of the stuff is geared towards web stuff. C++ people are at somewhat of a location/telecommute disadvantage. My guess is that mobile...

I was chatting with a recruiter the other day, because they always call and ask if I'm interested in working for so and so. I usually say no, but lately with the volumes down (and also my own net PnL), I asked him how the placement in our business is. Supposedly, not very many people are...

I don't use bar-based systems for this reason, and instead construct a sense of value using bid/ask + trades instead. There's only one thing I like bars for, and that's for just getting some sort of cleansing of time-series for relative-value trading systems, but even then, they are sort of...

Another few bugs I've done: - One API I used in the past would push the routes available for trading to the program dynamically. Only, there was a bug where one of the routes published which was supposed to be a midpoint route was not really a midpoint route. Thus, whenever I crossed the...

Yeah, agreed, but I can't exactly go looking into the plumbing of why my broker's order server took 3 seconds to report something. At best, on my end, I can program checks to not make a bad situation worse. I still consider it a bug, though. My programmer ego was definitely bruised...

I'm imagining I'll get a lot of flames on this thread in advace, so I'll admit, my bug is stupid. I just think I underestimated how bad order server and fill notification lag could get. This is more a class of bug that goes into the timing / race-condition class of bugs. I usually fix these...

Sure, I'll tell you my bug. The strategy of mine posts multiple passive orders to get out. Usually, when one gets hit, I cancel the others and move along. Occasionally, someone sweeps the market, and I'll get overfilled. Normally, when I go into an overfill situation, the strategy turns...

I had a bug hit me yesterday that happened in a kind of freak scenario I didn't envision, despite having programmed in numerous safety checks. I'm just curious whether any of you have some horrible automated trading disaster stories. Knight probably takes the cake in this department (so...

So basically the news here is that perfect software is really damn hard to write.

-$1200 today. I got caught on the wrong side of the AMD news. I got absolutely crushed, my algo was supposed to shut down when it got overfilled, but somehow the system kept picking up shares because the quotes started going bad. Hurts. Definitely hurts.

The markets have had their life sucked out of them. I feel like making the post you made every single day to this forum, but don't since it would be mostly unproductive and eventually turn into some troll thread. I ask myself the question: What would bring volume back? And there's nothing...

You make it more complicated than it is. If you were making money properly (i.e., high sharpe, big numbers), everyone will be interested. The doors open themselves. If you weren't making money, nobody cares. So the suggestion is to make a lot of money and show someone the real track...

Mind posting an annotated screenshot of what you are talking about? I'm not a technical trader, so I guess I don't know what people are referring to as a pivot.

I find them to be entirely believable, because they are similar to my own experiences. It's really, really hard to get edges to stick for a while. Also, the whole 2009 and start of 2010 thing is telling, because the market today is absolutely nothing like those markets. I have a closet full...

Nobody who understands the markets is disagreeing with you. They're just saying you need to get faster. :D If you are using IB TWS, you will probably always miss. :p

I'm using automatedvps.com and found them to be very reliable. The only problem is that their support team takes a really long time to get back to me or just doesn't get back to me at all, or I can never get a hold of them on the phone. Are there other providers out there with this level of...

I guess it's sort of like bell bottoms and leg warmers. I guess I could get rich by creating my own exchange called RetroEx. Our company logo would be a fat specialist smoking a cigar in front of a big board showing fractions.

Anybody out there want to comment on what is great/not-so-great about Windows 8? Should I upgrade?

Given that this is ET, I will probably get yelled down. But here's my advice to you: don't trade the biggest, most popular names. They're a magnet for everyone, which means they also tend to be the most efficient. Unless you're HFT, have superior fundamental information, or have some other...