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My very first computer programming was on a PDP8E ( E for extra memory I guess). Later a supernova. I wrote in Turbo C and C++ in the late 80s and 90s. I had my first PC in 1984 and supported them amid other duties. In 1996 I was assigned to figure out the impact of the internet and (with...

When I started this game (almost 30 years ago), I was continually told that no one can run stops because the regulatory bodies would whack them. On chat rooms and boards you were laughed at as an amateur if you even suggested it. Traders told you that it was all your fault for placing the wrong...

One uses order types not available to most traders and implement the zero plus algorythm. Who is Haim Bodek?

Isn't this moot anyways? Without enforcement of the laws, you can print anything in paper laws to increase confidence in government, however, it is not worth the paper it is printed on. Has anyone been punished for breaking the old laws?

My question: Will the US political parties wait until after Dec 21 to sign a fiscal cliff agreement? After all, years ago, we heard mankind would be taken out by all sorts of scenarios this year ....... two in particular, a mayan calendar maker who was laid off in a hostile corporate takeover...

... but will really twist your noodle is that relativity scientists might say there is no objective time anyways ..... I think that uranium decay is random. Quantum mechanics and entanglement is not. String theory in the 11 dimension universe theory is random. Current computers can't be...

Or could it be that catalysts cause market thriving. Some traders believe this holy grail approach (superstition?) so I am sure you come to these beliefs sincerely. Perhaps some day you will abandon them and adopt much more helpful beliefs and your trading may improve immensely. Just my...

I think the market is chaotic and not random. There is a huge difference between the two. People buy and sell on rules or principles and their psychology. That is definitely not random decisions. Surprisingly most beginners would have better trading results if they did enter randomly. I...

So you are saying that a general hedge fund rule is: the more money you manage, the older and uglier your girlfriend should be!

I suggest we be careful with assumptions of HFT. While they do a lot of scalping, they are branching out into other kinds of trading using AI. I think that the reason that low volatility markets are tough is that scalpers and market makers have the edge. Volatility stops are too close to...

I can hardly wait for the future headline .... bot computer loses money ..... pulled off a plane while on the run from the FBI ... placed on the no fly list ... his lawyer layers milllions of appeals ... 30000 a second, which are all withdrawn nanoseconds later in an attempt to gum up the appeal...

In Quebec recently, there was a provincial election and the three candidates split almost exactly one third of the votes each. When I asked a friend his take on it, he replied that it meant that the voters were really saying none of the above. In Quebec, the government will have to hold a...

I respect you taking an opposite position. That is what makes a market. I read lots and lots of stuff, even the nutty articles, in order to glean my own perception of the murky and unknown reality, in order to place my trades. The objective, like you is to make money and not be right or...

Do people really forget what happened only 4 years ago? Congress was put on notice under huge pressure to approve TARP or the monetary system of the world would be destroyed. Do you forget that an outcry went up over buying debt from "insolvent" Banks (supposedly mark-to-nomoremarket) and the...

First I must admit Ed, that I find you difficult to read. Perhaps that is because we come from different views. That's great though, I can learn from you. I would like to know what you mean by private credit in the above quote. Are major banks and the FED private credit agencies? Are you...

I think a dark pool is where people trade, but can't make enough to liveoff of so they start cutting back on expenses. Here is a hypothetical situation for you. Suppose you are a large bank that has two departments, one that offers 2.95 trading commissions (lowest in the industry) and one...

Some more fiction from economists: http://www.zerohedge.com/news/2012-10-19/why-economist-qe-refuses-work (This is, why to an economist, QE refuses to work) If all the economists in the world were laid end to end, they still wouldn't reach a conclusion.

I have sympathy for the forex traders although it seems bizarre to me that any trader would have to reclaim their "segregated funds" using lawsuits! However, it seems to me that forex currency derivatives is where the gigantic world banking casino is really played and they already have...

Readers may wish to Google "richard koo on quantitative easing" for a laugh. 2011 - Richard Koo on why quantative easing has failed - http://www.businessinsider.com/richard-koo-quantitative-easing-2011-4?op=1 So we are to believe this fellow invented the term 10 years before the US...

Because you didn't dispute what I said and you didn't apologize but tried once again to change/muddle the subject, I will assume you understood exactly what I said. (You have done this more than once in this thread for some odd reason.) Respectfully, I think you should re-read the past posts...