Search results

  1. L

    The Currency That's Up 200,000 Percent

    With $500,000 worth of transactions per day (and till it received a lot of publicity on the last few weeks) Bitcoin has remained under the radar. If it gains popularity, it may start to be considered an object of money laundering regulation.
  2. L

    The Currency That's Up 200,000 Percent

    The liquidity in these is abysmal. If you look at market depth on the "exchange" Web-site you will see that the whole orderbook (over 50 price levels) is worth $30,000 or so... Also operating using Bitcoins is not illegal. In terms of their status they are close to Linden Dollars and other...
  3. L

    Blackjack player beats 3 Atlantic City Casinos for $15.1M

    google search gives http://www.pressofatlanticcity.com/news/breaking/meet-the-blackjack-player-who-beat-the-trop-for-million/article_86f42838-83c8-11e0-92d7-001cc4c03286.html
  4. L

    what is the best object to purchase and store in USA

    Enlighten me. What is "third party grading" for comic books? P.S. I thought you were supposed to laugh while reading a comic book.
  5. L

    German Nuclear Plants to Close.

    Having found out how profitable exporting oil can be they are probably looking at exporting electricity too. The advantage here is large areas with very low density of population. So, any smaller "accidents" would affect only the staff at the plant and their families living nearby...
  6. L

    standard profit split?

    I don't think there is a standard. There is a minimum you can expect when you join a firm (so that it's a good deal as opposed to rip-off). When you have traded with good success for a few months you are in a position to negotiate. The best traders are in a position to negotiate much...
  7. L

    execution trader

    I meant a trader who would buy/sell Japanese stocks listed in Japan (presumably on Tokyo and Osaka exchanges) for a firm based in New-York. One of the perks of such a job is living in NYC but working Japanese hours.
  8. L

    execution trader

    Occasionally, executions trader is a job to deal with a differnet time zone and different corporate culture. Say, you may be working as an execution trader for Japanese stocks from New-York. The guys who gave the buy or sell order will likely be gone from the office by the time you start working...
  9. L

    Proper software (multiple projects)

    You didn't mention the programming language or the operating system. Without these any reply is meaningless.
  10. L

    Sovys - Sovereign Yield Spread Futures

    Are these reasonably liquid right now? Most listed Globex products have a dozen or fewer trades in a month. P.S. Sorry I didn't read the document.
  11. L

    Tradingjournals Quest... Turn $100 To $100K or To Ash

    One has to post a few losing trades in order to keep suspense going.
  12. L

    Any successful trader in Chicago need an assistant?

    If it's the same guy, shouldn't he be making more money writing autobiography or pitching for a movie sequel?
  13. L

    futures tick data - electronic vs. floor vs. combined?

    I presume the orders where a client wants to buy 5000x S&P 500 contracts on the day of "flash crash" still go to the locals.
  14. L

    Question about Spec of New PC

    It's a 4-head card... it seems like an engineering marvel on paper but if you search the Web it has a number of abysmal revews: people can't get all the 4 monitors working at all and others have to reboot their PCs multiple times in a row until the card recognises all 4 monitors. That's why I...
  15. L

    How Goldmans cost Gaddafi a $1.3bn fortune

    Large traders certainly loose... but the guys in the article weren't traders. They just bought tons of complex financial products they didn't understand. Victims of a typical sales babble: "you can earn 3 times market return with no risk whatsoever... and don't read the small print: all...
  16. L

    German Nuclear Plants to Close.

    That is if you don't factor in 3-5 year period of usefull life after which the whole expensive battery has to be replaced. Compare this with 40-60 years for nuclear plants. Well, wind turbines are even worse. In the first commercial deployment in the UK half of the turbines broke down in the...
  17. L

    Programmer monthly rate (Java multithreading IB Platform)

    In fact, the firm management often understands that extended unpaid non-compete term in their "standard" employment contract is unjustified and may agree to reduce it to the length of the notice period (which is one form of "paid" non-compete clause). There is no harm in asking.
  18. L

    futures tick data - electronic vs. floor vs. combined?

    The worst part is "pit" prices include trades done outside the exchange at a price that may substantially differ from the prevailing "market" price at the time of the timestamp. Also "pit" prices may not have volume where it's not reported at the time of the trade.
  19. L

    German Nuclear Plants to Close.

    Installing a natural gaz engine into a typical sedan is relatively inexpensive and given the oil prices can pay for itself in a year or 2. The problem is to place a bulky gas tank the car owner usually has to sacrifice the trunk, which deprives the owner from a lot of convenience in having a...
  20. L

    Question about Spec of New PC

    In terms of price/performance, you should aim the second generation I7 processor, the budget variant is called 2600/2600K (the latter is unlocked for overclocking overclocking). Unless you are seriously pressed in teh budget department, there is really no reason to go for I5 versus I7...
Back
Top