Search results

The best indicator if you are buying is a rising slope. If you are selling, a declining slope.

Most of those guys are self-taught. They read books, experimented, traded, and figured out what works. That's the way to go.

"If you don't invest, you cannot expect to profit." Talmud, Megila 6 "Most of the time when markets move, no one has any idea why. A man who can tell a good story can make a good living as a broker." Liar's Poker by Michael Lewis "The stock market is filled with individuals who know the...

Money. Lots and lots of money.

Oops. Should be "quantitative modeler."

I had this problem just last night. Friend: What exactly do you do for a living? Me: I'm a quantitative model of automated trading systems. Friend: Huh? Me: I trade stocks. Friend: Oh. Me: Actually, I trade futures. Friend: Huh? Me: Nevermind.

2005 had pretty low volatility in both stocks and bonds (the two futures I trade). As a result, my backtested system had it's third worst year in 52 years (still made money though). Hopefully, next year will be more active.

Looking at last year, volume picked up immediately after New Year's. But New Year's was a Saturday last year so volume came back on the 3rd. So expect it to come back on the 2nd or 3rd. Looking at 2005, volume hit a peak in the April time frame. It started declining halfway through May and...

Me: Quantitative modeler of automated trading systems. Them: What's that? Me: I trade stocks. :( (I don't even trade stocks, but if I say futures, they'll only ask more stupid questions.)

I'm lonely right now (of course, the markets are slow this time of year). I think I need to get me one of those hot girlfriends wee man was talking about.

I'm sure lots of people do. IB does. http://www.interactivebrokers.com/en/trading/exchanges.php?exch=ipe&ib_entity=llc All in commissions are $3.20 per contract per side. I didn't know the IPE changed to the ICE. When did this happen?

The wars of the future will not be fought on the battlefield or at sea. They will be fought in space, or possibly on top of a very tall mountain. In either case, most of the actual fighting will be done by small robots. And as you go forth today remember always your duty is clear: To build...

I tried some genetic algorithm optimizer for Excel (don't remember which ones) and found them to be much slower than Excel's solver. But it depends on the type of problem you are trying to solve.

There are no atheists in foxholes (or trading).

I should also add that ES trades all night, but you can't trade SPY all night.

With futures, 60% of gains are considered long term capital gains.

Do you mean it actually asked and rolled over your positions? Or did it just update your ticker?

I knew I chose the wrong career. But it wouldn't be bad to find a "lovely back office girl" to do my taxes.

All that is great, but where are the hot girls?

“This is my long-run forecast in brief: The material conditions of life will continue to get better for most people, most of the time, indefinitely. Within a century or two, all nations and most of humanity will be at or above today’s Western living standard. I also speculate, however, that...