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I plan to start active investing/trading in stocks/mutual funds/options. As a hedge to my own efforts and for diversification purposes, I want to invest some money in managed futures (e.g. with CTA's). The managed futures brokerage firms I have looked at so far, are similar to "full service"...

In my last post, the spreads were for the 10 year- 2 year bonds.

For US Treasuries= 9 basis points But for Corporates= 55 basis points And for Munis= 73 basis points Interesting that the yield curve is not nearly as flat for munis. Probably because there is a shortage of short-term issuance.

A very good balanced fund for "buy and hold" is OAKBX. Three year Sharpe ratio= 1.65 beats most hedge funds. A good low expense fund is VPCCX.

Now that the VIX is trading near single digits, I wonder if this strategy is still viable. Is there some point at which it just doesn't pay to sell option premium?

Epic- What tools do you use for stock screening? Do you use any of the canned screens available from IBD or Reuters? Do you screen only on increasing stock price,or do you also look at volume or fundamentals of the company? Have you ever traded ETF's. Some are probably smoother than...

Ask them for the 3-year Sharpe ratios for their portfolio accounts. If the Sharpe ratio is under 1.0, they are so-so, mediocre 1.0- 2.0 is very good > 2.0 excellent

VentureRider2- I would think an important part of your decision is your current net worth, not just your compensation. If your net worth is high enough (say 10 million or more), you can invest most of this money fairly conservatively and produce close to your desired 7-figure annual income...

>>>Am I doomed to eventual failure with a system that scales in as price goes against me? <<< It can be very dangerous to blindly fade individual stocks. But I think some good scale-in systems use indexes like QQQQ. One system uses the 5-day RSI. Start scaling in when it drops below 30. Start...

Most of the best short-term edges are related to either stale pricing arbitrage or legal front running where you can predict when/where other less savvy traders will be buying or selling and you beat them to the punch. One advantage that smaller traders have is that many of the best edges...

Become a CEO of Morgan Stanley. if you are successful, you make a fortune. If you are unsuccessful, you do even better. :D

Between 1999 and 2004, I traded part-time while at work, but as a compromise I only traded mutual funds in tax deferred accounts. I did my research in the evenings and on weekends, and only needed to spend a short time at work each day monitoring the markets. During lunch I would listen to...

Spy- I meant to ask what time period was covered by your last journal results spreadsheet that posted on page 214, 06-10-05 at 11:01PM. Sorry for the lack of clarity in my original post. :) George

Spy: What is the time period covered by your last journal? GS

I liked the video. Down to earth and honest. I think it would be helpful if you quantify what you mean by a gap- what percentage price move, how much volume increase etc. Most of your examples show very large gaps, but would this strategy work on smaller ones as well? One minor...

Thanks, I'll try it at work next week.

Does anyone know if Ed Thorp is still managing money? I would like to invest some money with him. (By using google, I found info on his Ridgeline Partners hedge fund but I think it has closed.)

Sorry, I read it from the magazine, but I think you can read it for free on the Forbes.com web site if your register. Just go to Forbes.com and search on schonfeld

Just read the Forbes article (May 23 issue)- "Last Man Standing" on Steve Schonfeld. The article seemed a bit unfair to me and had somewhat of a negative spin, and implied that Schonfeld is having a much harder time generating profits. It was also very critical of their recent acquistion of...

Hi Ernie, I do plan to join your forum. Currently I don't trade individual equities, but plan to start using them in the future for diversification purposes. I also need to post more here at Elite Trader. I don't like the idea that I'm listed as a "junior member" ! GS