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  1. M

    The best hedge fund ever?

    I enjoyed this part of their website
  2. M

    Renaissance Technologies Moving Into Futures

    Two words: Antonio Stradivari http://en.wikipedia.org/wiki/Antonio_Stradivari
  3. M

    Brit moving to US....where would YOU recommend to live?

    Lots of independent traders (people who are able do their "job" from anywhere), choose to live in US states that don't charge an income tax. These are: Alaska Washington (Seattle &c) Wyoming Nevada Texas South Dakota Florida Why do you think so many traders reside in Incline...
  4. M

    2nd try: what is easier, poker or trading?

    Which is easier, being a brain surgeon or being a Porsche mechanic? Porsche mechanics give one answer, brain surgeons give another. But who is right? Howard Lederer and Steve Cohen give different answers. But who is right?
  5. M

    World millionaire population = 9.5 million

    Perhaps the cachet of exclusivity requires a bigger threshold. Rather than "decamillionaire" it may be more fitting to refer to such people as "Eight Figure Net Worth" sons of bitches. Eight figures being, of course, 10-000-000 US dollars. Ten million of your earth dollars.
  6. M

    Strategy on RUT. Search for the best system.

    Don Fishback sells a trading plan called ODDS which does the same thing: sell credit spreads. Sell an out-of-the-money Call credit spread AND sell an out-of-the-money Put credit spread. Fishback uses the options' implied volatility as an estimate of the standard deviation "sigma". He tells...
  7. M

    trend determination

    You propose an all-or-nothing scheme: either this collection of "systems-as-indicators" tells you Yes (there is a trend) or No (there is not a trend). Another idea is to have many shades of gray between Trend and NotTrend. Why not divide your account into eight equal pieces and use them to...
  8. M

    FX multi-year historical tick data wanted!

    Demand a refund.
  9. M

    Just bought the Genetic Optimizer for Traders Studio

    And here are the results of the optimization. (My Dell laptop took 17 minutes to perform the 900 simulations specified.) I myself prefer to plot the outputs as a "heat map" and let the good old human eyeball identify the plateaus of goodness, the regions of robustness. Other traders like to...
  10. M

    Just bought the Genetic Optimizer for Traders Studio

    Here's another program's setup for performing a system optimization while trading a basket of futures markets. It is testing different combinations of Short moving average #days and Medium moving average #days. Short moving average is swept from 2 days to 60 days in steps of 2 (30 different...
  11. M

    The Code

    You transposed the digits. 6147 is incorrect; 4167 (forty one sixty seven) is the code.
  12. M

    Software for backtesting futures ...

    I have used "Trading Recipes" and "Trading Blox" to test futures trading systems, and found them to operate exactly as I wished. However, this was (A) position trading with average trade hold time >> 7 days; (B) using End of Day data; (C) using a calendar based rollover schedule similar to the...
  13. M

    Can you believe, someone published my trading system, SO ANGRY

    Look at it from the other guys perspective: he invented a trading system and gave it away for free because he wanted to. Does he care whether or not somebody else independently invented the same system? No. Does he care whether or not somebody else claims they independently invented the...
  14. M

    "Service Sector" for the most part = Euphenism for Shit Jobs

    Here's a service sector job that pays relatively well; note the expression "hypercompetitive battle". http://tinyurl.com/3xtpm3 Dated June 1st, 2007.
  15. M

    Common rollover date on CL?

    www.pinnacledata.com rolls on the 11th calendar day of the month prior to delivery month, and many position traders use Pinnacle's EOD data and Pinnacle's rollover schedule. So for example Pinnacle will roll out of December crude and into the new front month, on November 11th. If November...
  16. M

    SmartQuant OpenQuant Programmers Wanted!

    That website doesn't display your attached image to nonmembers. Therefore it is difficult to learnHow much are you offering to pay the programmer? What terms? (Engagement Fee + Hourly Rate)? (Fixed Price, Half now, Half on Delivery)? (Retainer)? What sort of Non-Disclosure Agreement will be...
  17. M

    Conditional systems with multiple indicators?

    It's a pretty old idea. If(Condition1 is met) AND (Condition2 is met) then take the trade. Otherwise, don't take the trade. Sometimes people call Condition1 the "setup" and Condition2 the "trigger". You can find it in Babcock's book (1989), LeBeau's book (1992), and Krutsinger's book (1994)...
  18. M

    How to sell an idea?

    Put the idea into a thing, and then sell the thing. The two most common approaches are (1) thing = a US Patent; (2) thing = a company. In practice, buyers prefer to License a patent or buy a company, rather than "buy an idea". Now that you know what buyers want, don't argue with your...
  19. M

    Poor man way to go long eurodollar?

    Perhaps the BAX. The Canadian Banker's Acceptances traded on the Montreal Exchange. Compare the specs, http://www.m-x.ca/produits_taux_int_bax_en.php http://www.cme.com/trading/prd/ir/eurodollar_FCS.html Over tha past 1.5 years, BAX's high was 96.25 and the low was 95.32, a range of...
  20. M

    Historical Trend Analysis

    Rather than attempting to duplicate the results of someone who doesn't tell you their methods, why not invent your own methods and generate your own results? Here is an example of how you might go about it. You might decide you are going to define a "trend" to be, a period of time in which...
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