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LLLLOOOOLLLLL I'm sure there are much worst jobs some people are slaving at to gamble their mini accounts in hope of a better life. Most jobs are boring in the long run. Understand that there is a huge gap between having a paycheck and having only hope and expectations of profits. As a MD...

There is a thing called the risk of ruin, it's a formula. You may want to use it to dertermine how much to bet. And yes, you did not give enough info for us to answer. In fact there is no one answer, it depends how much risk you personnaly want to take.

As long as I know with IB there is no currency conversion. You borrow and therefore have a negative amount in that currency. When you close the position that "loan" is closed. If you have a gain, you keep the gain in the foreign and if a loss you are still in the nagative in that foreign...

With mean reversion as done here you are trying to catch a little fast irrationality. If you read the posts carefully you will see that trades does not occur when there is a trend but rather when at the boundaries of a trading range. If you read the book Statistical Arbitrage, you will find...

Prop firms can get you 10:1 leverage. Maybe even more if they get to know you. Enough rope to hang you with.

With a prototype I think you could get cream from some venture capitalists. I dont think they would buy an idea without knowing you or you having some kind of record of producing some high yielding systems. But with a "in principle" prototype someone could assess wether or not the idea is worth...

I also think that 2 man year of coding is a lot. But, if you have experience in the field you know some serious shits can take long. (Usually in a business environment it takes longer cuz people are not focused...) Some guys at Societe Generale are working on Kalman filters for hedge fund...

London Toronto Paris Tokyo Germany HongKong But by far, Forex is the best option if it suits your trading style.

I think some people get to pay less for comission.

February monthly review: Played 16 days. 36 longs, 33 shorts, 52 winners, 17 losers. +0.025 average per share. Smaller $/share for me but still ok. Played with my spreadsheet during the month and came back to my previous settings, maybe causing a little underperformance. Shitty expiration...

7 fills, all longs, 5 winners, 2 losers, +0.02 average. Could have been a little bit better but not really.

Very carefull this morning. Cut all financials. May cancell all after the open on a LOD of the ES. Widder on shorts. If anyone think it's smart to play the financials, please share your thoughts.

I think they are market market on options and are therefore making the spreads.

Never heard of but what I would do is ask to show up and see for myself the offices and people trading.

First thing to me is open with more than one institution. Split assets between 2-3.

Enjoy! And... good luck.

Maybe I should but I'm afraid I would get kicked out of profitable trades very often. This is why I dont.

Do you actually want Excel to send the orders or you just want to manually update the daily close and put the orders manually yourself?

For me, it's all across the board. Some are 1:1, some losses are only 0.01-0.03 cents. But others are very big losers. In stat terms, I have a negative skewness on my P/L. This means probability of a big loss is bigger than probability of a big winner. I put limit take profit si I can't make...

Away yesterday. Today, 5 fills, 2 longs, 3 shorts, 2 winners, 3 loser, +0.02 average. GE best, SLW worst. Avoided the fall in SYK.