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the bureaucrats who run most of the big corporations are not a product of the market. They are statist scum leaching off the productive via the organized crime syndicate we call the government. Is it any surprise at all that a statist former CEO would advocate the shredding of our individual...

electrical engineering is a great major for would be traders.

The trouble with academic research on strategies is that they are motivated to appear impressive to other professors rather than to generate impressive results. There is a world of difference. Professors are rewarded for status of process/idea and not entrepreneurial results, and for that...

The big corps at this point are fascist tools for the state. I would find a new job then trade.

What about registering as a RIA and do a fee only business? charge a reasonable fee that is good value to the clients, and u can have the freedom to act in their best interest, pick stocks, do asset allocation, etc.

"The mountain of evidence amassed to support the independence of changes in stock prices -- and therefore the understanding that efficient financial markets have no memory -- does not faze today’s electronic day trader, nor does it affect the addiction to buying and selling stocks several...

To succeed you have to have a trading niche that is consistant with your place in the market. -If you pay $5 a round trip in ES do not try to compete with those who pay almost nothing. -Swing trading is easier in some ways (cost to average profit size should be much larger) but it is...

It is true that for many time periods most, even all of the positive return in the market is due to overnight drift up. However this has never been a strong enough effect to be a stand alone strategy. Attached are returns for the prior three years of buying on the close and selling on the...

Have you visited the operations a few days to see how the place works? Do they have data and a platform for backtesting strategies? If the firm is a good fit for you there are many things you could learn there. For example, how to find and take advantage of trading opportunities.

It turns out the entire premise of the OP's question is faulty. He calls trading a profession (which I happen to disagree with, but regardless..) Then says a trader who holds themselves out as a money manager and provides a service is not in the trading "profession" WTF, is there ANY...

I think you fail to understand how large fortunes are created. The reason a good individual trader is unlikely to get that rich is that they 1. usually start so small and 2. It is very hard and perhaps even unwise to continue compounding ones own capital beyond a certain point. most great...

Based on your reaction I think you know my point. If one supports the notion that people have a right to make a living creating and selling intellectual property, one should not be telling people how and where to steal it.

is his work not covered by copyright laws?

Those that have left a small town can see how this happens. Look at all your friends who "left" and then compare to those who stayed behind. I would bet, on average, those that leave home are more attractive and substantially more intelligent. If you "left home" u likely never really fit in...

This is a controversial yet interesting topic. One of the greatest lies today is the egalitarian myth that, "we are all basically the same" and that race is a social construct. We are not the same. Absolutely mammoth, huge quantities of factual evidence (largely downplayed and ignored in...

modern cubicle papershuffling jobs are about as intellectual as gathering nuts and berrys. Big government and regulation are effectively make work programs for women and non-asian minorities.

a few points 1. men's work tends to have more optionality and is more sensitive to the business cycle. 2. women's work is usually beaurocratic in nature and is in some way mandated by state regulation. as such, it is less sensitive to the business cycle. 3. The modern university's...

i would put it this way: When u learn poker or any other card game the ranking of hands is a given and fixed. In counting/quantitive pattern trading, you must first discover how the market ranks hands by your own hard work and inquiry. You then must continually research and monitor so...

I would forget Working for a hedge fund. Unless you have a personal connection with the owner, most today are looking for grunts to put into wage slavery/pilfer ideas from. So many have this illusion that "hedge fund" is a holy grail of trading, which is a myth. Hedge funds do to tech...

This system, as good at it may be, is just one system. A good system developer can come up with a number of good systems over a course a few year. As much as one feels attached to ones creations and feels pride/does not want to share, the ultimate purpose for any system is to make you money...