Search results

Yugoslavians. We took target practice on you guys.

Traducere în română: mă piș pe zen pentru că pot.

Je me pisse en Zen. Parce' que je pois.

To me, it seems like our system, though communist in name, was more like tsarist Russia before the bolsheviks. All smart guys know we're living in a dictatorship, most important question is how to best deal with it? Well, Russians have tried and thankfully failed the experiment of shooting all...

I posted this on another thread here: "If I make the slightest of an attempt, in your glorious capitalist system, at pointing out the viciousness and unfairness of the system, I'm getting fucked worse than my father was during communist times. Back then, like now, they fired your wise ass. But...

I'm working on my own money and in Romanian we have a saying, "you can't steal your own hat". Anyone looking for other people's money has no place on this thread. Including as an employee or contractor, as disgustingly observed everytime someone makes the slightest hint of offering money...

Me too. Or at least that's what I think you would call what I'm attempting to do. Different from hiring or getting hired as a code monkey. Perhaps we should talk in private.

I'm not a racist, had to learn the concept after being a full grown adult and like all foreign languages, you never get quite native at them :p But apart from living in the part of the world where the concept of nationalism was invented, I'm not that either. Intolerant though, I admit that I...

It's clear to me there are two types of forums for our kind: for geniuses, like Wilmott or Nuclear Phynance and for ret^H^H^H regular guys like you. If you would have bothered to read the title of my post, it says QUANT cofounder. >> u didnt test what i said Do you know what a stochastic...

Backtest from 2010-May-28 to 2016-Nov-30 (about 6 years). First image is naked sell, the second is delta hedged sell of daily ATM options on 3m vxx etf: Naked: total profit of $250,000 with a drawdown of $100,000 for a very mild spike in the volatility. Delta hedged: a more modest profit of...

I have to go to work soon (it's 7 AM here) but I'll think about your strategy more in depth afterwards and run it on my backtester on a few indexes and also plain stocks. Will tell you how it performs and if I think it's worth trying to get the money. It's not just a day of work ahead but also...

I've seen 50% running for years on ~ $50mm of capital. So if you crack it you can recover years of research, therefore if it takes me another 10 years and I'll still be OK in the end. Compared to just what my salaried job brings, it's not like I'm starving or anything...

It's "volatility arbitrage" I'm talking about. You can replace "volatility" with "probability" (or more generically with "market dynamics") and it's more clear what the technique is about. If the market dynamics is a normal distribution of constant daily variance, that's a random process so...

Experience. Took a long time to acquire the knowledge and I prefer to keep the direction.

I've got a lot of experience but bottom line is I'm not making money yet. EOD prices are just fine for me at the moment. That's one snapshot per underlier per day but with 10-20 strikes and 3-4 maturities and some 5000 underliers, that's a lot of data to go through in backtests. And in a live...

Definitely, that's the whole idea of co-founding / associating. Two people means 50%-50% split. Four would be a 25%-25% (and don't think I wanna go higher than four founders, even two is a crowd). A subscription to end of day option and stock quotes + code to clean the data, otherwise it'll...

I know that $500/month is nothing when someone receives them but I noticed an abrupt change of perspective when the same person would have to pay them instead. The business plan is: Phase 1: develop profitable trading strategy. Phase 2: ??? Phase 3: Profit!!! OK, phase 2 was a joke (inspired...

I agree. When someone calls me a thief and a fraud though (like I've had some guys here), that's a classic troll's ad-homimen attack and definitely not helpful input.

I know the chance of finding someone is slim, plus I'm gonna be getting the usual hate from this forum's trolls. If you search on Indeed UK for "Quant Cofounder", I've placed an ad there. I'm willing to pay some modest amount (thinking of $500 / month for starters) since I've discovered that...

I do believe in mentors who share their proprietary knowledge to a limited numbers of insiders (often just one). Gurus who share to the world... like userque said.