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  1. J

    HSI orders not respected. How to deal with it?

    Same here when I was trading HSI (I was with IB as well). 3 things here, in my opinion: 1. order "transmitted" in TWS doesn't mean that the order has reached the HKFE system. 2. the HKFE system is far from perfect (granted they've made substantial progress these past couple of years). 3...
  2. J

    questions on Hang Seng future (HSI)

    monthly contracts for HSI.
  3. J

    Buying/Selling Options

    IB is fairly good yes, definitely one you should consider. I used them for some time, then had to close my account with them for compliance reasons in Hong-Kong (my company doesn't authorize having an account with a HK broker). I closed my account reluctantly.
  4. J

    Buying/Selling Options

    Well, it could help, yes !
  5. J

    Buying/Selling Options

    I am not saying the market is bearish "now". This is the problem: the market has been one way for the past 6 months. Problem is you never know when the next bear cycle will come. When it comes to you, the question is "can you still make money ?". The answer could very well be "yes", but right...
  6. J

    Buying/Selling Options

    In this case why not considering NOT leveraging yet and see how you perform over a longer period of time on the cash underlyings ? If you can make money on your longs in a bearish market, then I'd say it could be time to go leveraged? Again, just me.
  7. J

    Buying/Selling Options

    20% on capital in 6 months with no loss at all - assuming that you had enough trades to make this statistically sound - is not what I call a "mildly profitable" performance, but it could be just me. Rounding this to 40% per year, over the years you compete with some pretty good fund managers in...
  8. J

    Buying/Selling Options

    You don't say what are the extent of you PnL swings. If they are not small, going leveraged may not be a good idea. One thing you could do is download an option pricer (for Excel for instance, many are available for free), and run simulations -stressing the results- to see how the results would...
  9. J

    Why would a prop firm steal your deposit?

    ???????????
  10. J

    What exactly is a Holy Grail, in terms of characteristics?

    my... PREEEEECIOUS.... LOL !
  11. J

    Gold correction has ended

    Nitro, I was told that buying gold through miners, you do get leverage. Here's the theory which I'm sure you know: Income: 650$ Expenses: 400$ Net: 250$ Gold jumps to 700$ (a 12% increase or so) Income: 700$ Expense: 400$ Net: 300$ (a 20% increase) Of course we could discuss...
  12. J

    Job with Morgan Stanley???

    MSDW is a reputable firm in the street and you'll certainly have opportunities later. Although probably not at MSDW. I am working for a competitor of MSDW doing correlation trading in Singapore and as far as I can see from the type of cars they drive lol... my colleagues from the private...
  13. J

    Why can't I close my IB account ?

    In last August, I moved to an investment bank in Hong-Kong (have been living there for some time and opened an account with IB in September 2004 or so). This bank is registered with FSC, the local regulator, and technically I am not authorized to prop trade, so technically I have to close my...
  14. J

    Good FX platfroms

    There he is ! What took you so long mate :p ! Metatrader is my primary source of FX quotes.
  15. J

    From Index futures to Futures Currency Trading while watch the Spot market

    I think I second that. My recommentation would be for you to download FX historical quotes and calculate correlations yourself. You don't need a full Bloomberg subscription for that, free FX historicals are available all over the Internet. You can also check how correlation changes over time so...
  16. J

    Tell us how you rate IB's connection/HK

    Personally I have another account with another broker (the broker I was using before IB, I kept my account with them but it's dormant). In case I can't close with IB at least I can hedge with my other broker. In 2 years with IB I never had to use this contigency plan though. I know I know...
  17. J

    Tell us how you rate IB's connection/HK

    I have only 1 trade per day and I close it on market close. I also systematically leave a stop loss order when entering a position. So far the disconnections have been fixed before market close, except on one occasion but this particular day I wasn't trading for some reasons. If I was, I guess I...
  18. J

    Tell us how you rate IB's connection/HK

    One disconnection every 2 months on average here. Latency 17ms.
  19. J

    I LOVE the HSI futs!

    I am in HK using HK server and I have an IB connection drop off about once every 2 months on average. Roughly. These are disconnections I attribute to IB. Disconnections due to my ISP provider is another story.
  20. J

    Black Scholes Replacement?

    There's a paper on CCR model here: http://www.business.uiuc.edu/gpennacc/f400n10.pdf#search='CoxRossRubinstein' The paper should be explicit enough to help you model it in Excel.
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