Search results

You're right NYC is probably doing relatively better. But if you're a property owner in places like New Jersey, Westchester, Long Island you're in deep, deep trouble - the term "buyer" has become a distant memory.

Real estate market stinks where I live (NYC suburb Westchester County). Average time on market is about 12 months. And about 36 months backlog of inventories. I know plenty of properties that have been sitting for more than 18 months with no offers, and zero traffic. There is basically no...

My understanding is different. I believe anybody can renunciate their US Citizenship free and clear: http://travel.state.gov/law/citizenship/citizenship_776.html The only catch is the exit tax. If you have had an income or net worth above a certain amount in the years prior to...

This is never a good thing to bring foreigners to do work that the locals are perfectly capable of doing. Just look at the US. There are too many H1B's shipped in to do work that US Citizens are perfectly capable of and willing to do at even lower wages. Many H1B software guys in the US earn...

Most CTA's have an accountant calculate fees. At my old shop we only had an offshore fund so there was a Cayman based guy. For managed accounts there are guys that can do it cheap where you just email them all the client statements every month. I know one CPA who charges $35 per statement...

obviously you don't know how they're running commodity derivatives RAD/Middle Office groups at places like Credit Suisse and Nomura. It's all excel/vba with some secondary DLL writing in C#.

Beg somebody for an unpaid project. I'm not sure what kind of job you're looking for but as an example you approach a company that trades raw commodities worldwide and build a scheduling or project management spreadsheet with macros, pivot tables and vba code. And maybe link it up to an Access...

OX?

Livingston: Which broker are you using to trade the spread? And just to confirm what you posted: are you entering the order as a spread or are you entering each leg separately?

anybody going to short UUP and buy some DX?

It's around 3pm NY time. It's up like 1.6% on the day. I checked DXZ9 and the dollar's actually pretty flat today. What gives?

It sure looks like a covestor wannabe. I don't understand how this new website arrives at the "genius" ratings.

If the CTA runs a fund then it needs to be audited and you can request to see the documentation. But if they are running a bunch of managed accounts, then it's harder to trust the numbers. Basically, unless they're a well known shop and running at least 100m you cannot trust published track...

TA by itself has lost its fine edge over the past 5 to 10 years (it still works but not as well). This is mainly due to the advent of easy TA overlays/automation available from most retail brokers. You need other tools besides TA but use TA to confirm entries and exits.

The problem is what I trade for the institutions is quite different from what I trade for retail, mainly due to account sizes and the instruments I'm able to trade per unit of assets. Although I consider my AUM somewhat decent, it has not made me independently wealthy - I continue to earn a...

I'm not sure how you came to those conclusions about my work ethic solely based on what I posted. I often find myself working 13 hour days. And forget vacation days because I trade futures in all the major world exchanges. As a self employed person I have to work and perform consistently...

they're tradable on interactive brokers even if you're US based. But they seemed very illiquid and huge bid/ask spreads, which is fine if you're buying and holding.

I manage money for institutional clients where their internal departments calculate my quarterly fees. All I do is get the check in the mail every quarter. Recently a retail customer has expressed interest in one of my programs. I've looked into Interactive Broker's advisor platform but it...

This is the equity curve of the pair strategy I backtested. It assumes MOC with 1/2 cent commission per share. It consists of 25 pairs, most of which I got from this thread. The backtest is, of course, cherry picked - I only chose pairs that had consistent equity curves over the backtest...

I just put together a pair system that makes around 18% per year (unleveraged). How much returns are you guys making in actual trading? And do you use margin/leverage? Also what is your return/drawdown ratio? That is Average Annual Return divided by maximum expected peak to valley? I...