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I appreciate you having taken the time to clarify and I apologize for getting the wrong impression based on the good/bad questions. Thanks for all you do in keeping this place running.

I understand. It seems, though, that the good/bad question distinctions are a bit nuanced: http://www.elitetrader.com/vb/showthread.php?threadid=227116 I took it to mean that I shouldn't ask about programming with IB's API, with Genesis' API, with NinjaTrader, with Lime, with Rithmic, or...

I see how this specific forum is well-defined. However, early on when it came to be (I think last year?) I wondered: why is there a programming forum that has absolutely nothing to do with trading on elitetrader? Would I get the best feedback with an obscure programming question here or on...

Keep in mind that even though they are resin parts, they can be used to make injection molds etc for mass production. But, there are companies where you can upload them a CAD file and they will send you prototypes. So, I think the main barrier is just getting good libraries of open-source...

I think this is legit. Been done in other developing countries though mostly Asian.

Thanks - I do think you are correct it's not a good idea for someone like you. What would you do if today you had less than $100k, some gaining confidence in your trading, but realized you could likely only do 30% per year while keeping drawdowns low (<10%), a most optimistic case? And if...

Very true. Thanks for responding about the off-thread non-manual space. I tend to get whatever feedback I can (especially when it's good) until someone tells me to get lost. So.. What is your opinion on taking the CTA route for a retailish/quant-wannabe trader with less than $100K and...

Understood and appreciate the insight. Too high-end for a garage quant likely to compete. But, I've been a programmer long enough to know that it isn't all quite so otherworldly when you break it down. And, with services like Amazon EC2, we all have on-demand clusters -and the future for...

For your algo work, what framework do you use for data storage and analysis? What data sources? I'm guessing a lot may be custom but I always try to find the best tools for the job.

Thanks for your post. This kind of insight is very useful! My thoughts on this are likely not as useful but I'd like to share my beginning inklings of 'turning the corner' in trading. I can see similar stages in my trading except it is over a longer time period, probably fewer trades per...

Agree. Especially avoid MBA for that purpose since I don't think it will get you near trading (at least not where the rubber meets the road).

I was at a dot-com where we had options and people were always wondering when to exercise and how much. The main problem was that people wanted to do it all or nothing and at one time. There is just something mentally where your average joe thinks in those terms. I would advise people to...

I've used pretty much all of the models in the Precision and Optiplex lines from Dell. You'll probably get more value from a T3500 but the small form factor Optiplex can save you some valuable space and can be the right tool if you don't need to do much under the hood (little expansion)...

If the delay is in your code releasing the order, not sure why dedicated line would help. If the delay is in receiving an ACK for the order, then in my experience it's because the order goes through risk checks before being confirmed. The risk checks might be done on a different server than...

I would try looking at business associations - even if they are not related to your line of business. I paid $400/year to join a high tech business association so that I could get on a group plan. They had a lot of startups I guess and that was part of their service niche to get small...

If you have no negative months, and returns range from 1% to 9%, you _will_ have a respectable annualized sharpe ratio (> 4) no matter how those returns are distributed. If your returns look good, there is likely something going on with your sharpe calculation that isn't right. I don't mean...

Take jcl's advice and get your annualized sharpe ratio. So, if you calculated some monthly returns, you'd take sqrt(12) * AverageMonthlyReturn / StdDev(Monthly Returns)

I agree - but I think the mythical ideas are sometimes reinforced by (non-deposit) prop firms themselves and it exposes how it's not easy to know who is going to work out for the firm - so they've got to set interesting criteria. Like Optiver and the speed math tests - seems relatively...

Well I always enjoy reading insights into how people get to where they are - trom's path looks to be fairly traditional. Some people have interesting stories to tell. Didn't mean to imply that I was digging for some extra special insight. It relates to point #1 of my post yesterday: how the...

Well, it may just be that simple.