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    How logical is it to buy a very cheap home?

    House in NYC is totally not doable. Homes start around 400-500k, and I don't have cash for down payment of 20% on conventional loan. I know there are manufactured pre-fab homes up in Pomona, not too far off on Metro North at around $139, but we're talking terrible commute there. Proximity...
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    How logical is it to buy a very cheap home?

    Well, I'm ugly so women aren't a concern. That's why I have time to think about money. However, I'm replying because: $150k studio within 15min of Financial District? Where? What web site are you using to search? realtor.com isn't very good, and zillow.com has issues with its maps in this...
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    How logical is it to buy a very cheap home?

    Regarding value of free-time -- my rationale is that my time is actually usable on above-ground trains with the advent of broadband cellular. If I carry a lightweight laptop, I can work on the train on projects and homework without much difficulty. If I were home, I'd be doing the same things...
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    How logical is it to buy a very cheap home?

    $30,000 isn't "all this cash". What world do you live in? It's the bare essentials needed to survive a job loss, getting fired, or a health care cost shock. Have you been to NYC? A non rat-trap costs $2000/month minimum. People will criticize me, but $100,000/yr is poverty level in NYC.
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    How logical is it to buy a very cheap home?

    I've been thinking about this recently. My annual income is a little over $100,000 and I live in NYC. I have some student loans, with $30,000 (base) all in gold at the moment -- 60k total in gold on margin, bought at well beneath the current market price. I was thinking about buying a low...
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    I am bearish on gold

    Except the ECB told Sarkozy of France that they have no intention of preventing the Euro from getting strong. They're going to let it go up. This was an article I saw somewhere -- someone else help me confirm? Buying dollars makes no sense, because the US government's financial situation...
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    I am bearish on gold

    Why would you be bearish on gold when the dollar is being devalued so intensely? If the market liquidity crisis is addressed, then institutions don't have to offload gold to correct their other positions. (Btw, that isn't an accusatory "why", I am trying to understand why someone would...
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    Developing a Trading Framework from Scratch

    I'm going to revive this thread. I'm still in graduate school, and I'm still trading [not as high frequency, though -- I have a long position in gold.] The perfect storm more or less has been created for me: - I have taken more statistics classes - I am now employed by a broker that...
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    Offering to write your strategy for free

    Hehe. I have pet rats, some are chubby.
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    Offering to write your strategy for free

    One thing I should mention is that I'm not helping everyone, just whoever is the most articulate and has something that's feasible. You probably should talk to me about your ideas in as much detail as you can go without actually giving it up. You should classify what platform, what style of...
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    Offering to write your strategy for free

    Regarding the thread topic, someone else suggested I try this to evaluate and figure out how to leverage my technical background in this field without getting upset and burned out by hedge funds and banks in Manhattan. Free comes with hitches, however: - I am a graduate student, meaning...
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    Is becoming a quant a waste of time?

    I ordered this book. I'll post a review later. I was sampling the inside on amazon and I'm totally intrigued.
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    Is becoming a quant a waste of time?

    One other thing I'd like to point out is that they're only hiring by the boatload because there's a lot of turnover in your typical Wall St. electronic trading outfit. What do you think there is to implement outside of the quantitative side of finance that hasn't already been implemented a...
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    Is becoming a quant a waste of time?

    I don't want any e-troubles with you rcanfiel, but your words sound more like that of a recruiter. The primary lure of every Wall St. recruiter is the prospect of making a lot of money and getting "close to the business". But I guarantee you if you come from the technical side, you top out...
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    Is becoming a quant a waste of time?

    I'm going to investigate this option as soon as I finish my degree. It's just a matter of whether it's the sane choice.
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    Is becoming a quant a waste of time?

    I've spoken to a few hedge funds. They're no better than investment banks. I'm at a loss as to why I'm in Manhattan anymore. I'm thinking to stick on the education path for myself, then leverage the skills I already have to just create my own fund. Looking to people outside for...
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    Is becoming a quant a waste of time?

    I've spoken to these organizations. I feel like I should give warning to people who're out there reading the forums and thinking a CS/math education makes it much easier to get closer to the business of trading. Most of the roles that are offered to me are not very stimulating. Primarily...
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    Is becoming a quant a waste of time?

    This part scares me. I am handicapped and have speech and motor control problems. The whole reason I am trying to make a living independently is because of my problems communicating. I have failed many times, because health care costs consume my earnings outside of a conventional job. I...
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    Is becoming a quant a waste of time?

    I need some help and guidance. I followed the advice on this forum about 3 years ago, and I've gotten myself much closer but not quite where I want to be. I've been working on Wall St. for some time now as a guy who develops a lot of the infrastructure for pulling in market data, cleansing...
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    Anyone use virtualstockexchange.com?

    My university is running a contest which I'm part of. I've been doing quite well, but this web site (virtualstockexchange.com) gives the crappiest fills, limit orders don't usually work right, and order confirmation doesn't happen for periods of over 20 minutes. Anyone know if their...
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