Search results

Series 65 if you are collecting a management fee. What license does the person managing the money have ?

Well, people are backtesting on such shorter time frames. You can get level 2 tick data nowadays. I have seen backtested systems with an average 6 sec trade time on the ES. If you really believe in your system, I say just trade it with your own money. Or even start out trading a single car of...

I know the OP's system is not a high freq system, I just used that as an example.

Hedge funds, trading firms and the lik get hundreds of these proposals a year. If it is just backtested, no one will even look at it unless you have a track record from a previous system. If you have out of sample paper traded on a demo account it is BETTER, but not by that much. Backtested...

Just for sake of being complete, you should know who your regulator is for your trading. ProfitTakgFool trades futures which is regulated by the CFTC. Your milage may vary, depending on what you trade. I personally like the CFTC more than the other regulators. I don't know why, but they seem...

IANAL, but take a look at Regulation D of the 1933 Securities act, mainly rule 501(a), 502 & 506. I am sure you can google a link somewhere.

In starting a hedge fund, one should take a look at the blue sky laws in your state and the states of your investors. You may or may not have to register as an investment advisor depending on the state and number of investors IF you collect a management fee. Most states have a De Minimis...

IMHO not too many, or at least not for the long term. If successful they would trade more cars , thus no longer a one lot trader. If not successful, would have a blown account.

IB also has a Proprietary Trading Group Account if you are going to let different individuals besides yourself trade.

Yeah, nothing radical at all. A lot of firms trade their own money. Then the people they trained take the same methods and go start their own firm and repeat the same model. Wash, rinse, repeat......

4:30 AM - 11:15 AM. It changes since they do not have summer ( daylight savings ) time.

Nope, I am asking techguychicago. I am not giving him a hard time, but when firms are JUST starting out, not ones with tons of capital for infrastructure, you need profitable traders strategies. techguychicago said he was a tech guy, but that is not the first thing you need if you are...

So, OP, do you actually trade profitably or do you come up with profitable trading strategies?

Will NinjaTrader 7 support historical level 2 tick data for backtesting. Not the 'replay' stuff. If I had historical level 2 data from a different source , say all of 2004, could I load that data into NinjaTrader 7and backtest that on a tick by tick basis.

I think he meant $100,000 a year, not per day.

Wow.

Title trading has an office in Taipei. You can check them out.

eugenie98, You have traded futures for two years, and I assume you are still at Princeton. I think you are overthinking this. It is quite simple if you have been trading futures.

Taiwan Bank Holiday. The whole country had a holiday, not just Taipei.

Very True. Just bring up the 6E and the spot at the same time and you will see. You have to adjust the futures price, but it is arbed out very quickly nowadays.