Search results

I think he means instead of a six figure job he wants seven figures.

While I am waiting for the book on fundamentals to arrive, anyone has an idea why in the last 24 hours the price rose by $5, technical, fundamental? Bernanke? or some other data on oil storage etc?

A very interesting idea. Is there a good book/information resource about this? Would this mean that you better try to center your strategy on "stuff around the mean" and cancel out the tails?

as a trick you could try to chart the bid and ask instead of last transaction.

One day, going to school will be fun. Computer games are fun and they teach you stuff too. Now modify those games that they teach useful stuff and there you are.

Every market seems to move similar though. Look today, Euro, AUD, Gold, S&P, Bonds.. all similar moves

Thanks! Looks like a quality book.

I understand the drivers of bonds, stocks, even currencies (mostly macro-economic indicators) and gold (sentiment at the moment and as bottom the more or less the cost of mining it). What about oil? What do you look at for drivers of the price. Is geo-political risk expectation (middle-east...

Social Science Research Network? and maybe advancedtrading.com has some pointers on their site

Nowadays it is easy to trade all kinds of asset classes from a single brokerage account, including all your varieties of global macro. So let's make a list of best and worst markets to trade nowadays. 1) For sure, gold is is trending, sufficiently liquid nowadays, what more do you want...

Wasn't it Taleb who argues that option premiums are too low?

ok, that's another thing to consider then as a possible disadvantage vis a vis sticking to underlyings

I wonder how much you lose on commissions and bid/ask spread on a run of the mill option strategy, versus an average spot trading strategy?

Dow Jones News Service at Esignal, about $100 a month is pretty fast, I do not know if it is machine readable. You'll probably not beat a Goldman Sachs on it.

Don't you think this is already being done by many well-capitalized, technologically well-advanced firms?

You are going deeper here than I have ever looked into. But a superficial answer would be that systems like financial markets are inherently incomputable (while still deterministic) like the weather. Yet computer systems might have an edge over human intelligence, as weather forecasters do.

I'd be scared trading any size on CL. Seems like one guy (who knows probably more than you about oil positions) can move this thing way beyond your stop.

Probably that's what he is looking for. MBA is probably a bit of both ;-) (with possibly adding some extra values)

Just a random thought: Did you get the rounding right? Some languages have idiosyncratic ways of using floats/integers etc.

What happens if you buy them?