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The simple changing of the rate of interest is the purest form of makret manipulation. Beyond that, if you don't think the market is manipulated on a short term basis you're trading with your eyes closed. That shouldn't be an excuse for losing money, however. What's stopping you from...

Sounds like there's a discretionary element to your strategy. That being the case, I wouldn't worry too much about them stealing your system. You put two traders on the same system and you'll get 2 different results. I've yet to see a pure black box that doesn't have to be adjusted for...

Great point! Many new potential clients expect to get rich when they enter the futures market, even with someone else managing their money. They don't consider what 19% compounded per year for many years turns into -- a load of money. Instead, they want 190% each quarter LOL. You just gotta...

A CPO is a Commodity Pool Operator. Think of a mutual fund manager except in the futures markets. A CTA is a Commodity Trading Advisor who can either advise clients on futures positions or trade a client's account using a power of attorney form that gets filed with the broker. I don't give...

I'm referring to the time when it's most active.

I don't manage a hedge fund any longer. I wanted my life back so I switched from a CPO to a CTA. Everything changes once you take possession of OPM. As a CTA I can link my clients accounts to mine and then invoice them each month, depending on whether it was a profitable month. No, I'm not a...

The obscene levels of student loan debt new grads are carrying will also slow down their purchase of a house. Current home owners can't buy a house because they can't sell their own so first time buyers are needed to help the housing market along but....but, with all that student loan debt?

The same can be said for an MBA. If you're working and the company supports your decision to get the MBA then it's worthwhile but doing it to get a job is a complete waste of time and money. The market is also saturated with MBA's.

It depends on your major. The article said humanities and arts are the worst and the person named in the article majored in creative writing. Where does that lead? Math, science, engineering (maybe), and computer science is where the demand is. Go to career builder and browse through the...

You and I are basically polar opposites. I trade the ES very well but not so well in the FX markets. I'm very active in the ES right after the opening bell. I love the volatility and change of direction. It doens't always occur though. I agree with you on the 3:30 issue. That's when mutual...

Good advice. The paperwork and red tape you have to tackle is mind-numbing. If I ever started another hedge fund I'd pay someone to do this part of the startup. OP, just FYI, the first thing you need is a Private Placement Memorandum, an Operating Agreement, and a Subscription Agreement...

What you are referring to is fraud and it should be prosecuted. If you read the article people aren't getting locked up for simply owing a debt; they're getting locked up for contempt of court or ignoring a court order. That is a jailable offense and makes the reason the person ended up in...

Eviews is by far a superior product compared to Excel. What you can do with this software is almost limitless. Read all the features it has to offer. It's not cheap but it's worth every cent if you are serious about analyzing the market from a statistical standpoint...

In an election year all numbers that come from the Government are skewed in favor of the incombent. Bernanke keeps the printing press running, statisticians issue favorable numbers. Obama appoints Bernanke for another term, statisticians keep their jobs. Crony Capitalism at its finest.

You can get a trial version of Avira Antivir. I'm pleased with it. http://www.avira.com/en/avira-free-antivirus

You might want to educate yourself a little on the validity of backtesting and the consequences of forecast error. You can begin here. Be sure to hit the related topics toward the bottom. Check back when you've had some time to commit real dollars to your fucking awesome strategy...

The thing is...most of your statements are essentially true but that doesn't render trading a game of gambling. The markets are grossly midusderstood as buyers vs sellers when in reality, the market is nothing more than a constant flow of data until the closing bell rings. If you can accept...

Don't tell them it's coded. Tell them it's discretionary and based on an intuitive read of the markets.

Most people believe that anyone who wants to can learn the art of trading. Nothing could be farther from the truth because it requires the ability to see the market in a way that only a small percentage of the population can see it. Not everyone can score a 780 on the LSAT and get in Harvard...

If you have good record keeping you shouldn't fear an audit. When the IRS gets 100's of 1000's of audit triggers for the same thing they'll quickly realize that something is not right. I am reporting my basis based on what the true basis is. Let the audit begin. It's always fun fighting the...