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Yolanda trades 100 uncorrelated strategies. She has 100 assistants each flip a coin. Yolanda goes Long 1% of her account for each coin that lands Heads, and goes Short 1% of her account for each coin that lands Tails. The strategies are uncorrelated because the coins are independent. Zack...

Are you interested in commodities, or forex? Compliance officers tend to be specialized.

Beware that postponing an appointment means "I must reallocate my schedule to something more important than my appointment with you." You are saying the interview isn't your very top priority, which may not be well received.

Another rationale for trading multiple systems is: diversification. With multiple systems you can have diversification ofTrading frequency (avg hold time + avg flat time between trades) System philosophy (pullback buying, trend following, chart patterns, oversold fading, support+resistance...

Yes and the FS brokers who are in fact a human being rather than a website / email address, are glad for you to come into the physical office and negotiate not only the loan rate for shorting but also the interest paid on the cash proceeds of the short, AND the restrictions (or lack thereof) on...

I use Merrill Lynch, mostly for fixed income trading, but with some DOTM covered calls here and there. I also use Charles Schwab, primarily because one of the fundmanagers to whom I allocated capital, "domiciles" his managed accounts there. Schwab is his Prime Broker as it were. Both ML and...

Buy1Sell2 says: "Scaling out" is inferior behavior vhehn says: there is no "right" way to trade. the best way to trade is to find a strategy that matches your personality. for some people scaling works. simple as that. My 2c: There is lots of inferior behavior out there. Nobel Prizes in...

You could (1) explore trading approaches which use Limit orders to enter and exit, rather than stop orders; (2) increase the amount of slippage in your backtest simulations and reoptimize your system parameters for this more-brutal environment; (3) experiment with the idea that if one of your...

CME-IMM $-denominated NK is 5 points per tick. Call it "NK Chicago" to follow the naming convention of kiwi_trader. Here is some recent data from CSI (commodity number 99, abbreviation "NK"); note that the minimum increment is 5 points: DATE OPEN HIGH LOW CLOSE...

Yesterday (Monday 16 October 2006) I bought 1 contract of December CME-IMM $-denominated Nikkei at market on the open. Was filled at 16720. According to CSI Data, the "Open" price yesterday was 16710. So I suffered a slippage of 10 points which is $50 -- if you believe the "Open" really was...

Spoken like one who has never traded futures in a large account. The reason people buy and sell T-bills every week is, because their account equity fluctuates. When the markets move in the same directions as your futures positions, your account equity goes up. In a futures account (unlike a...

Policy varies among FCMs (Futures Commission Merchants -- the futures equivalent of Stock Brokerage Houses) and in some cases, among different brokers within the same FCM. Man Futures, for example, has lots of different policies at its various arms, because Man has grown by acquisition and the...

Lowest volatility of them all is CME LIBOR. Followed by Banker's Acceptances futures traded at Montreal. Then EURIBOR on LIFFE, then Canola at Winnipeg. Pull up some charts and have a look.

Too bad life isn't so simple. When you are programming and testing system ideas, sometimes you want to do something in a "grey area" that verges on the unrighteous. A classic example is the Larry Williams / Lee Gettes "volatility breakout" bigjump = 1.2 * Average(TrueRange, 5); Buy at (Open...

I've invested with a manager who offers clients a choice: either 2-and-20, or 0-and-25. I didn't see it as an act of desperation.

It's odd that Amazon doesn't display a publication date for the book. I think I'll wait a few weeks before deciding whether or not to buy it. By then, ten or twenty Amazon customers will have posted reviews, which may provide a clearer picture. Occasionally you come across a book on Amazon...

There isn't a paid source of stock or futures data that doesn't have those problems, what makes you think a free one exists?

Who is constantly increasing fees? Which fees are they constantly increasing? Does the Federal Reserve control these people?

It sounds like you have assumed that trade #6 exits before trade #7 enters, i.e., the system only trades a single instrument. However there are lots of traders and lots of systems that trade dozens of instruments at the same time. They have dozens of simultaneous positions. There is no such...

Get good tools and good data. These are not cheap. Do your own work, disregard the preaching and pontificating and posturing of others, particularly the "experts" Aim highhttp://www.elitetrader.com/vb/showthread.php?s=&postid=1190872&highlight=sled#post1190872...