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FWIW, I now have three clients who used to be CTA's managing well into 8 and one was into 9 figure accounts. They trade their own accounts now because they felt it just wasn't worth the effort in terms of dealing with clients.

FX, please be nice. Atticus and Martinghoul are experienced traders who are universally known to be legit.

You will not find a backer unless you have serious skin in the game. And the software and your time or sweat equity does not count. Every trader i know or met who started a fund put at least half of his asset worth into the fund. Don't bother to float a prospectus without it. You are...

My experience working with some very successful individual traders and a few funds has lead me to a couple of conclusions: 1. An Ivy League education does not make a good trader by default. It might get him or her hired, but it does not mean that they will be good traders. 2...

Another idea: Follow the blog postings on NYT re: Paul Krugman's accuracy. He has been seriously discredited by a number of experts - his professional detractors are many. Paul Krugman is a dolt and a cake-eating utopian socialist. Not to mention an Enron 'adviser' back in the day. And...

Idea: Try to find any investor who has faded the U.S. markets LONG TERM and lived to tell about it.

Any logical person could not possibly conclude that one political party has the best economic policies, and that the other party is primarily responsible for the country's economic situation. Companies should not be getting bailed out, investment banks should not be getting bailed out...

Cache, I am in complete agreement with you, it's not an apples-to-apples comparison. A prop futures trader, a prop equities trader, an independent equity trader, independent futures trader, CTA, equity relative value hedge fund portfolio manager, prop options market-maker at Prime or Ronin...

"I've already shared too much, but in a nutshell, there were a few Ah Ha moments, but I didn't just stumble across them. A decade of diligent work." AMEN BROTHER A word about the prop futures model: There is no portfolio allocation per se; a trader is given his risk limits and position...

If good technical analysis and statistical quant skills are useless, then I have no way to logically explain my good fortune in many different market spaces over an extended period of time.

If you can manage to extend your modeling timeframes and your trade holding periods out just a smidge it will not affect your trading in the leaset unless you're just searching for a good excuse. Just my 2 cents working with traders and funds every day.

On my website, I show a statement where my return for that year on that particular strategy (the ICE-Europe Gas/Oil Crack spread) was gross 1,500% and net right at about 950%. Using about $50K worth of margin capital per day, I could average over a 100% return per month. And that is not at all...

The problem with the strategy is that you can't turn on the market fast enough to scratch it once the offer goes bid or the bid goes sellers. Size orders not only take everything out, but the balance they are showing knocks you back in the queue. And yes, I've done it on the floor and on the...

If the oil price rises primarily based upon correlated economic demand, it will also come off accordingly when the equity markets sell down. If the oil price rises based upon supply constraints, the crude curve will not come off when equities sell down at the same rate - or can even rise...

Having traded on a Full and a GIM at the CBOT back in the 90's, and knowing several traders who are still down there making markets, I can assure you there is no easy money to be had on the floors. The fact of the matter is that no matter where Crakboy goes, he needs a viable strategy. Maybe...

Why not just contract with Advantage Futures or Man Financial and Trading Technologies for your own dedicated Equinix line and co-located server at the exchange? No FCM data compression or latency issues - anything else with any FCM or any third-party front-end is going to be compromised.

Please Kill This Thread Immediately.

For the currency adjustments, look at the notional value of the contract at it's current price level (price x tic value). For the vol adjustment, look at each instrument's volatility - I tend to refine the modeling timeframes based upon my planned trade holding period, with 20 day studies...

Outside of JGB's I don't see the Yen as a significant positive or negative correlator to other markets when compared to other instruments like Gold or Crude Oil. In terms of other currencies, I find the Swiss Franc, the Euro, the Remnibi, and natural resources names like the Aussie Dollar or...

"Can anyone direct me actual case studies where CEP has been succesfully implemented" I personally know of a group that uses Apama by Progress Software for CEP trading strategies ( shared office space with them ). About $18K per month to lease the software.