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    kelly formula

    There has been other discussions on the kelly formula here. The conclusion is in general, risk 1/6 the kelly ratio for your system, for the reason that expectancy one week or month can be totally different than it was a month before. i.e a long-only system might have a win rate of 30% and...
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    Trading NYSE from Russia ? Are there going to be (2-3seconds) delays ?

    What about satellite internet?
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    Victor Niederhoffer's Matador Fund is down 12% in 2006

    probably picking positions that are uncorrelated to each other in an attempt to reduce volatility so they can use more leverage. until the black swan event comes along and wipes them all out...
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    Taleb In the news

    http://www.borsaitaliana.reuters.it/news/newsArticle.aspx?type=fundsNewsUK&storyID=2006-07-21T095517Z_01_NOA135713_RTRUKOC_0_FINANCIAL-HEDGE-RISK.xml&archived=False
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    Its 2000 all over again

    wow, I think I need a new board. ( actually I know I do) That is kindergarten quality intellectualism.
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    Its 2000 all over again

    Many billion dollar hedge funds are now going long only due to the inability to obtain shares for shorting in quantity, among other structural reasons not to be short in this environment. Lone Pine Capital, Caxton, Maverick among others...
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    gunning for undermargined traders ?

    They do they that every time they go for stops
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    online casino

    How do they make money? As I understand it, Pokerstars and such dont charge a rake or any fees. I dont see ads on their service either. But they can afford to advertise and pay top players to wear all their stuff. Unless they just collect clean wire transfer money from the u. s and mix...
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    Why does Milton Friedman prefers Fiat currency instead of Gold standard?

    russia is more a story than a country.
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    Portfolio/trading analysis software

    Amibroker does portfolio level backtesting, $200 U.S
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    Vanuatu is world's happiest country

    gbos, you ever go to perissa beach? I had many a good time there.
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    What are some examples of "future concepts" in tech, food,, business and medicine

    Biotechnology- RNA Interference. ALNY, RNAI are public stocks. Atugen, Calando pharmaceuticals are developing delivery technology to deliver these drugs. My opinion is $10 billion in 10 years.
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    Japan- is its economy doing good?

    Excellent article!
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    Japan- is its economy doing good?

    Read up Soros view of the Japanese Carry Trade. http://www.rediff.com/money/2006/jun/14soros.htm Although he says it doesnt affect the Japanese Markets, I'm assuming that their are traders large and small borrowing for zero interest rates and trading on the Tokyo Exchange. I'd watch out...
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    Althucher guesses: trend funds to disappear within the next 10 years...

    Maybe you should discuss the validity of his methods with him on your radio show or website Surfer.
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    Althucher guesses: trend funds to disappear within the next 10 years...

    When I used to race mountain bikes seriously, it was a 2-3 hour a day commitment. I raced for years moving up the ranks to elite. When I got there I realized there was a whole level beyond where I was at. I didnt go around pretending I was bigger or better than rider XYZ, a 5 lap race will sort...
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    Althucher guesses: trend funds to disappear within the next 10 years...

    Not many daytraders are billionaires either...
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    Anyone here ever work at SAC?

    alisa other than the market wizards interview, you can check out sec.gov and see the quarterly holdings of SAC. It doesnt make too much sense though, that you would earn 50% or whatever it is annually with no volatility when most of the money is in altria stock and such.
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    Best books for system design?

    Well Toryj, Seykota, Henry, Dunn, Campbell all built trading systems that generated billions of dollars using trend following principles. Whether its garbage or not, I'll leave that to the never ending trend following is dead threads appearing on here daily.
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