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    Bank of Mom and Dad Closed! What about 50K a year tuition?

    Ah, maybe you're right. Yeah, if you ever want to figure out how much someone is making, a good statistical way to calculate it is to take their home price and divide it by the local median price to income ratio -at the time- they purchased it, which you can generally figure out from...
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    Bank of Mom and Dad Closed! What about 50K a year tuition?

    Article says "up to", so the reality is he probably made 200 every year and then one year made 550. If you wanted to hazard a guess as to what his real income was, you could go figure out what neighborhood he was in (or check public records) and divide it out by the local home price to income...
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    Bank of Mom and Dad Closed! What about 50K a year tuition?

    What, no. Prop taxes, income taxes, etc. At best he could have saved 100-110 after expenses.
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    Maths wizz only thanks

    Remember the rhyme about the indian princess named soh-cah-toa. sin = opposite over hypotenuse (sin->soh) cah = adjacent over hypotenuse (cos->cah) toa = oppositive over adjacent (tan->toa) Calculators do it in radians and not degrees, usually; make sure you convert from rad to deg, or...
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    Mentally Challenged Trader X-Treme Profits Dot Com

    On a more serious note, I'm more interested in just documenting what I do that's wrong. I know what I'm doing is wrong, I've got the post-it notes to tell me what I'm doing is wrong, but somehow the discipline just needs to develop. At least, for me, historically, it's been a steady upslope in...
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    Mentally Challenged Trader X-Treme Profits Dot Com

    1) I want to hold myself accountable, hence the title "Mentally Challenged" -- since it's a mental challenge to stay disciplined. 2) Trader, because I want to be a trader and not have to work at Starbux or McDonald's anymore 3) Because X-Treme Profits will get me out of my mom's basement...
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    Trader P/L 2010

    -$195. It would have been a grand day, but I made some idiot discretionary trades. I need to stop making discretionary trades, no matter how tempting the look. It's not my edge, it's not my game, and I should just twiddle my fingers while my code is running, unless it's to prevent disaster.
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    Trader P/L 2010

    Revised: +$119.50. Code had bugs, but I saw what it was trying to do and continued with the logic to make a little more money.
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    Trader P/L 2010

    +$89.50. Code of mine is not working correctly; bugs prevented me from making much more. Going to call it a day and step aside to fix software issues. Fortunately, I'm back into the green for April after that disastrous Friday.
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    Slippage in this market vs. other markets

    One thing at a time, man. First, let me move out of my mom's basement. :-)
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    Slippage in this market vs. other markets

    I use TradeStation. Since I use their backtester, I consider it a "good fill" when it gets the price as close to the opening of the next bar. Typically, the fill is around the open, or off by a penny. The worst I've seen so far is a penny, but I've only been seriously using this platform for...
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    best way to hack up an rdbms to approximate something like kdb for poor/dumb people

    Yes, I know what I am looking for. I designed a model based on an observation I saw in the market, and the performance of that model was so impressive I wanted to look for other candidates. I've actually got 12 or 13 cores mining the database now. It took a few iterations to get to the...
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    eSignal 11 Preview

    EFS is a disaster. Do you plan on revising it so it's not as clunky as it used to be? Getting work done in EFS was a total chore compared to TS or NT.
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    Coal vs. Oil

    I was looking at these two, and they seem like they move in step. Occasionally though, one starts to move faster than the other and give better returns. What are the factors that drive the acceleration of one versus another? And, at least from my casual inspection, it seems like the one...
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    If you're a trader, you're a loser.

    I see this all the time on this forum, and my response to you is: so what? Not to challenge your assertion or be rude -- you're right, but ... Hear me out -- it's perfectly healthy for all these people to want to try and become day traders, even against all odds. The same goes for wanting...
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    College student needs your help and information

    You should copy others' work and paste it as your own, and cite that since outsourcing has freed up your time, ... you can now go out and create jobs. Kind of obvious?
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    Trader P/L 2010

    -$70. I should have punched out at break-even, but I expected more out of my trades. Didn't happen. Could not get the break I wanted.
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    SEC presentation Sub Penny HFT etc.

    I'll chip in $20 if you hire a lobbyist. :-)
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    SEC presentation Sub Penny HFT etc.

    Hey Don, I'm really glad you guys are doing this. The whole fragmenting of the equity market is a sham. I'm glad you guys are tackling this problem head on.
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    DE -- Why is this stock so sick? Obamacare?

    Thanks Rabbitone. This was insightful.
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