Search results

I'm a bit too academic for my own good, so sometimes some guy telling me "cut losses, stupid" is the right medicine.

Say you look at your PNL from a given strategy and calculation the skewness of the histogram. You find that the strategy is losing because of a few large outliers, but otherwise, the strategy has mostly winners. When is it NOT correct to put a stop loss to limit losses? If the market is...

I'm trying to get R to show me the frequency domain plot of a set of stock prices. Trying a few of these functions, but can't quite get it to look like what I'd see on an oscilloscope if I were doing some electrical engineering work. :-) Can anyone help me out? So say I have high frequency...

I don't know the official mechanics of TradeStation, but I have a feeling "intelligent route" orders are not so intelligent. For example, say ARCA, INET, and NYSE all show depth of 100, 200, and 300 (respectively) at price level X, where you want to put your order out. The logical choice is to...

Yes, I learned this lesson a few weeks ago. Any profit you think you'll get from trading baskets off the open just won't happen with Tradestation. I've restricted the time-frame to "sane" hours, because the information off the open might as well be considered "trash" because of all the HFT...

Hey, this was really helpful, and quicker than tech support. Thank you ever so much. Since this is ET, and no thread can go without a flamewar: l0l u r a d00d00 he4d im gonna make m0re m0ney th3n u n0w. (Ahem -- No really, thank you!!)

Is there any intelligent way to do this in TS's language in one fell swoop, or a way to make a shortcut? And make the basket have a mixed setup, like +100 shares of A, -200 of B, 31337 shares of stock C, etc? Say my code messes up, or I want to unwind just a fraction of a basket. That's why...

I fit this profile, but I never had any problems finding jobs. What I think is wrong with people is that they don't change their approach. I went so far as to change my resume around 10-15 times and put separate names (that weren't even mine) on the resumes to get a feel for what the...

I don't think the advice is too terrible, because governments tend to want to inflate their currency. You can't realistically save your earnings anymore, so you -have- to take risk. If Congress wanted to control speculation, they'd have to respect the purchasing power of our currency. They...

Problem with Chicago-related posts is that the results are mixed with the HFT firms, which is -not- where I want to go. I don't want to call these guys up and be like, "Hey, I want to run a piddly retail trader strategy on your million dollar infrastructure. Oh, and I need a computer. No, I...

I posted earlier, didn't get too much interesting info. Need a prop setup in Chicago, need a desk, access, a computer on which I can run custom-written software, and a reasonable API. I do a bit of discretionary stuff, bit of automated stuff. Will take me some time to port automated code to...

Not to insult or accuse you of anything, but I have a dozen systems that are profitable everyday on backtests that just make no money in real life. Would be nice if you had broker statements showing realized results, plus some kind of independent audit of your results.

Not sure I saw this addressed in this long thread, but did you say what your hold time was? I wish there was a lescor-FAQ.

How do you keep your PnL? If you're running the show and not a robot, how can you avoid getting dragged down by life-drama? Wouldn't this imply it's best to be alone and avoid outside interaction at all to the best of your ability if your livelihood depends on your intense focus everyday?

Indians are schemers, even if not always practical schemers. :-)

Might be, depends on the state. How does one get laid off correctly is the real question.

I was just mocking the thread on quitting a job to make a living as a trader. Kind of funny. I feel kind of ripped off that they take money from me in taxes but then when I need a buffer to try something new in my life, I can't get that money back.

Also, I do not want to get sued.

Serious thread, not a joke. The best I can do is get labeled an underperformer, but I can't get fired. Note, I do not want to get arrested. I just want to get fired.

What's a decent Chicago prop firm that's not like a huge firm, but a prop firm where a guy who just needs a desk, a computer, and an automated trading API, with reasonable commissions? Please note, I am not talking about a high frequency trading firm or a fancy firm. I just need a place...