Search results

  1. S

    What's the difference between trader and portfolio manager?

    Hi Libitum, Sorry for not getting back sooner; it is Ramadan out here in the Sandbox and I got busy on some other stuff. All I can tell you is the vast (really vast) number of successful Hedge Funds/CTAs all include foreign exchange in their trading profile and dealing in size almost...
  2. S

    Mechanica

    Hi Stochess, No I use it because it is really easy for me to test general ideas in Mechanica before calling in the big programming gun to code a promising idea to run super fast in the in house prop trading system. Also I like to see an idea tested on two different software platforms...
  3. S

    Mechanica

    Hi Stochess, I am not sure what you are asking to be clarified. I am not a professional programmer but am a physics/math guy so I can do quite a bit of high level coding by my self so use Mechanica as a pure research tool rather than a production tool. After I have flushed out an idea...
  4. S

    What's the difference between trader and portfolio manager?

    Thanks for the link Van_der_Voot! Hi TraDaTor, I don’t know of this guy and my Serbian guy just left on summer leave with his family in Belgrade due to the 45 degree (that’s in centigrade Americans) summer heat out here in the sandbox so I can’t directly ask him and really don’t...
  5. S

    What's the difference between trader and portfolio manager?

    Hi libitum, No but (isn’t there always a ‘but’) then again I don’t know anyone that runs any reasonable amount of money that doesn’t actively trade EU/$ in size. Correct me if I am wrong but I think you are trying to get an opinion on the theory floated around on this thread and...
  6. S

    What's the difference between trader and portfolio manager?

    Hi TraDaToR, No you must be thinking about someone else. The guy out here has never had anything written about him and thus fits the profile we feel comfortable with of staying off the media radar. Generally true but surprisingly enough like the rest of Eastern Europe generally the...
  7. S

    What's the difference between trader and portfolio manager?

    Hi Ghost of Cutten, Sorry I guess I wasn’t clear on what you would be doing either your own or at someone else’s hedge fund if you institutionalized yourself to pass due diligence to be able to trade outside money. What I meant to say is you would be hired to run your own strategies...
  8. S

    What's the difference between trader and portfolio manager?

    Hi dhpar, I think thus statement depends on how you define "making a decent living" ? This is my personal answer to your question assuming we have the same definition of “making it”. If you have successful performance you will become an institution even if you don’t join an...
  9. S

    Broker Could Steal Your Strategy???

    Hi ChadZ, I haven't read the thread so excuse me if you have already got this answer. There is nothing to be concerned about. Your broker makes money off of your commissions and thus wants to keep you happy so you keep using his service. The broker also wants to you accumulate assets so...
  10. S

    What's the difference between trader and portfolio manager?

    I disagree; your biggest risk is not making hay while the sun shines i.e. opportunity cost. If you have a real non-correlated edge then your risk is gigantic if you don’t exploit it to the maximum for as long as it exists and to do this you must have as much capital as possible to bring...
  11. S

    What's the difference between trader and portfolio manager?

    Hi ezbentley, I am from an institutional background and have worked as a professional trader/PM/prop in interbank & Merc floor & hedge fund etc starting in the early 1980s and in my opinion sjfan might have ruffled some feathers but he did answer your questions correctly. This is a...
  12. S

    Blowing Up

    Hi blowingup2012, Well your post is one of the most depressing stories I have ever ran across on a trading site. My initial observation is you appear to have a real gambling problem since you don’t appear to have the will power to leave this thread alone so I doubt a 160 grand hit will...
  13. S

    the Managed Futures mirage

    Hi 1prometheus, I haven’t read the whole thread so if you have already seen my answers from someone else; sorry about the redundancy. Very true! My first job in the CTA/Hedge Fund world was with one of Europe’s oldest CTAs. When I joined they had about a 12 year run of no annual loses...
  14. S

    trading firm startup

    Hi nyc_guy, What was your position in the banking/trading world? Did you trade prop, broker, sales, operations, IT etc? I am off shore in the Middle East and the last time I worked in North America or Europe was on the LIFFE floor over 20 years ago so I don’t know what this...
  15. S

    New Poster: Mechanica vs SmartQuant?

    Maybe this is a case where being subtle isn’t going to get the relevant information across? In my position I have heard the allocation pitches and cross examined the best players in the professional league and for the most part they are more alike the gifted amateur than different. One...
  16. S

    New Poster: Mechanica vs SmartQuant?

    Hi Ron Black, Do you ever expect anyone is going to suddenly specify their proprietary stuff on an internet message board? I work in the internal prop group for one of the biggest asset allocators in the world and see guys practically lose control of their bodily functions before spilling...
  17. S

    New Poster: Mechanica vs SmartQuant?

    Hi Ron Black, I’m not testing anything that different from what I expect the rest of you guys are doing except for a couple slight twists. For example I am a lot less focused on signaling and more focused on which market is the best to put it on, how much to put on and what to do with it...
  18. S

    New Poster: Mechanica vs SmartQuant?

    Hi Guys, Well it took years but I finally have an answer. What happened is we bought both of them and Darwinism did shake out a winner and the gold metal went to Mechanica. Day to day what I generally do is use Mechanica to do most of my fooling around, taking a shot, wako creative type...
  19. S

    Mechanica

    Hi Trend Riding, I haven’t been on this site for a few years but surprisingly enough last time on this site I started a thread that asked a variation on your question. I can tell you that I have been using Mechanica for the last four or five years and have generally been reasonably happy...
  20. S

    New Poster: Mechanica vs SmartQuant?

    Hi Guys, I would like to thank everyone that responded on this thread and in PMs to line up a few power users scattered around the world for me to talk with regarding the Mechanica vs SmartQuant issue. Also thanks to those who had other packages to suggest. To be honest at this point I...
Back
Top