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TraderZones, I am sad about 2 things: 1) I never asked for the definition on Alpha. While I am glad that someone provided a definition to clarify my question, I am yet sad to see the content of your post and of you jumping to the conclusion. It wouldn't matter if someone else post it...

Thank you for providing the definition of Alpha to clarify my question. So, what is your view on Alpha? Is it a good measure? Does it reflect the risk in the underlying portfolio? Is it really just a marketing gimmick to get investors to invest in funds that may not be doing too well...

To the investors out there, is alpha something you look for when investing in a portfolio? What is your view on alpha? PA

Interesting fact. The last number I was informed with was 95%. I am quite intrigue as to how they come up with these number myself. It may come from a few prop firms, but regardless, if you truly enjoy trading, the number should not matter to you. PA

This is how I see it: Option (a) and option (b) are very similar. They both require the player to draw 4 cards in different suits. The only different is that for option (a), you need to get four different suits in a defined order. So, option (b) would be less difficult given one less...

I would recommend creating an Excel model showing the expectancy and the equity curve of your trades in the long run. Review that everyday should provide enough motivation to stick to your plan. PA

That's not Chinese. It's Jack Hershey trying to explain his trading method.

Smart guy! He see through all the BS's and so-called "conventional wisdoms" in this world. PA

Coolweb, Pardon me, but would you happened to have any Grey Poupon? PA

Mecro, Could you please comment on the scenario where there are 2 traders-one with a starting capital of $10,000 and the other with a starting capital of $1,000,000 using the same trading strategy, diversification method, same percentage of risk, and the same required return? Thanks! PA

Like tech stocks back in the 2002?

What we are going to see in the near future is a flight to quality from investment funds and pension funds. Food services and phone/utility sectors are the two sectors I can think of that will be least affected by the credit crisis as they are 1) not capital intensive sectors and 2)...

Just say, "Sorry, I am not hiring." PA

I don't work in the business, and I too would not want a guy to call me just to chit-chat and ask how my day was. It would feel really uncomfortable. :P PA

There are many MBAs and CFAs out there, so I would think to get into a hedge fund, you must need something more than just experience, education, and professional designation. There got to be something that seperate you from the crowd. That something is a good reputation. One interesting...

To me, he is just another person. If he is a poster on this board, then why not just chat and talk about something you both have in common--like trading. If he is a quant trader who got one of those mathematics/physic degree, then you could ask him how he got into trading. Keep him in...

Try calculating the present value of the returns on the cash flow (e.g. PV of interests and dividends received.) Then incorporate the result in your model. Pension_Admin

I am not good enough to give advice, but here are a couple of things I always keep in mind: 1) Avoid the chop 2) Commission could mess up R/R 3) Hunting involves stalking and waiting Take care and enjoy the roller coaster! Pension_Admin

There are some sound, risk adverse financial institutions that use financial instruments as a hedge instead of a bet. If their counter party default, then these sound, risk adverse financial institutions will be in trouble. We don't know to what extend this credit crisis will extend to...

I found Waldo!