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Take lots and lots and lots of math classes and focus on econometrics, statistics, and some computer science at some AFFORDABLE state school. After school, go take math classes at a community college or at some kind of math center, and don't stop ever for as long as you live. One class a...

My gut feeling was that they were running a strategy that was correct in a purely theoretical sense, but one that couldn't cut it in terms of technology. I figured they kept running it as a kind of feedback mechanism to tell them whether their technology was improving with regards to execution...

I agree with some aspect of nitro's comments, but I agree with your assessment also. The skills that can be offered by someone with your typical, average college degree is not too far off from the skils that are offered by unskilled labor. I acknowledge this about my significant other, but...

Let's say I have a trade that has a slight edge on the order of tens of dollars per day, and it trades about 500 shares a day. Over the course of a year, it creates a few thousand dollars. But, in the short run, as I watch it, it's not an amazing trade. No better than working at McDonalds...

She doesn't even try. Starting to make me upset, affecting my trading and job. Someone tell me it's just the economy.

Generally speaking, a slow platform is to blame if it is behind slippage. I'm not saying TS is the one to blame here as I have no basis for comparison* against other brokers/platforms, and that is why I'm asking the public to tell me what time-frames they are getting away with -and- perhaps...

I run it in a VM with 4GB and 2 virtual cores allocated to it, running about 20 symbols and it brings the system to its knees. It's my fault, time to get rid of the VM. I figured a Nehalem could do the trick and still let me run my analytics in the background in Linux. I was wrong. What I'm...

I always ask the interesting authors on ET to start a blog. No one has taken me up on it. Perhaps you could share your retail trader journey with us in such an environment? I bookmark a bunch of retail trader blogs and read them. They seem to get less polluted with "haters", and the comments...

Did you say you had a blog? I'd like to follow it if you do. I find the journal format on EliteTrader to be really confusing, and it's something that has a lot of cross-traffic from other people. I'd love to read your stuff in a blog format.

Off-topic: You were thinking the same thing I was thinking. The coach of the Saints is a very, very sharp guy, and he's aggressive. The two-point conversion, going for it instead of taking the field-goal. This man knows how to take risks. I bet the guy is a great poker player too...

1) Just curious how fast you can actually trade on this platform and get away with a profit, given transaction costs and such. I haven't been able to make anything sub 5-min profitable, if I account for slippage. The executions are not always so fast, and the signal seems delayed. I'm sure...

Exactly. I think we ultimately see eye to eye, here. Although, let's say hypothetically that programmer realized he was worth more than the firm. He may have issues raising the capital and getting situated into a position where his skill is applicable, so ultimately he ends up trading off...

I second this.

The less risk there is involved in a trade (e.g, some well-known arb), the more the platform matters. If your trajectory is to take your business and put it on a colo and run some fancy algorithm, you still need to focus on developing the code right so you don't get screwed in the future when...

Sorry, people coming out of universities cannot replace trained programmers. If you are talking about the bleeding edge, just any programmer will not do. It really takes some serious code-nazis to come up with the right implementation, and the experience to manage performance. And, the hard...

In all seriousness, in modern automated trading, the execution performance is worth more than the strategy. The platform facilitates models, the models don't facilitate the platform. The business types try to maintain the mystique, but this is changing. My suspicion is that the real...

Everytime you call someone a retard or something retarded, it makes Sarah Palin hurt a little more on the inside. Please, won't you think of the crooked politicians from the backwoods?

http://www.housingtracker.net/asking-prices/chicago-illinois/ Go figure, the market did drop to 229k. Now the question is how far we do overshoot what is expected.

Oops, realized the data was 2007 numbers. I'm still assuming the ratio hasn't fallen too far from 4, though -- although, I am looking for better numbers.

Look at this URL: http://www.housingtracker.net/affordability/illinois/chicago Realized I made a post on the Chicago market earlier. I did some research, was looking around for cheap properties, etc. What I don't understand is how the price to income ratio can stay so high for so long when...