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Buy side analyst if you have an undergrad degree, associate if you have an MBA.

Seriously, a chart without even a y axis label? You're trying to convey exactly what here?

I actually do personally know individuals who worked in the forex divisions of big banks, people I sat through forex and international business classes with. Their days as described by them consisted mainly of putting together swaps for large multinationals with unbalanced currency exposure and...

Seriously, retail traders trading with direct market access that the banks could manipulate to "take out stops" consist of a fraction of one percent of the overall forex market. A market that is primarily made up of banks executing business strategies on behalf of their clients. Additionally...

For sure, there's an implicit assumption that the OP does have an edge to automate. He does sound like he has a focus on backtesting though, so he's already going in the right direction.

Exactly, if you want to hedge your USD exposure you have to pay the carry on that. You probably would find it helpful to know that IB has ridiculous carry rates, so your cost should be much less if you went with any other forex provider. Your probably best off making the stock trade with IB and...

You're by definition exposed to currency risk if you are buying long U.S. equities priced in USD. You're not going to avoid that no matter which broker you use or how they price the currency carry rate.

You're an interesting one. I did a quick search on you and it appears you've limited your contribution to this board to calling anything and everything "dumb". Do you actually have anything to contribute, or is that all you've got?

Exactly. If you think that some of the most traded options in the world are mispriced than you have a spectacular buying opportunity! Or it could be that thousands of experts in options who trade in these products every day know a little about what they're doing. In general I've found when my...

Sounds like you're going at it in exactly the same way I would, careful and methodical. My only other piece of advice is to keep in mind that you're a little captive to whoever you choose to start with if you use their proprietary API because of your sunk costs setting up interfaces. So, if you...

Again without context this is meaningless. Do we have a population bulge called the baby boomers who are starting to retire? Are more people going to college as a percentage of the population? Both would count as "people not working", just like they're part of your "47%". Without knowing this...

You all should read your predictions about what would happen over the next year made a little over a year ago at the beginning of the thread. Suffice it to say I hope most of you didn't put your money where your mouth was for your own sake!

You may be an exception if you're already an engineer, but the concept of automating without knowing how to program is akin to saying you want to fly a plane without understanding aerodynamics. Knowing the syntax of a programming language is only a tiny part of knowing how to program, most of it...

A $.05 change in GOOGL represents a far smaller percent change in the underlying than a $.05 change in the price of a $5 stock. Min tick sizes in options are one of the few legitimate reasons for reverse stock splits.

What is the security? If you're looking at SPX spreads, for example, there is a complex order book which quotes the spread itself independent of the leg prices and you can get a guaranteed execution of the entire spread, usually just past the mid of the spread quote. If you looked at the...

For sure an MBA isn't the only way to go or necessarily the best way to go. However distressed debt funds are a very different animal than a straight stock trading hedge fund. Distressed debt funds are activists who make their own reality by buying up entire tranches of junior debt and...

Pension funds have been investing in stocks and far riskier asset classes for decades, who do you think the LPs are for PE and hedge funds? I think you may be confusing what is optimal for you in a personal retirement fund as you approach and pass retirement with what is optimal for a retirement...

I think the answer to that is "it depends". I was a military pilot when I went to school. I did not do a finance internship. Despite graduating in the top 10% of my class, I'd have had a pretty tough go of trying to get a distressed debt PE job because the finance hiring types are pretty set on...

The internship is actually the key to the career switch. And the type of jobs you're looking for only recruit for internships at a few schools, hence the advice. If you're interested I think the admissions department at most top 25 schools will tell you where their students got internships in...

If they're just selling puts on $1.6B of stock, which is what it sounds like reading between the lines, the impact won't be that great. Zerohedge can generally be depended on to gloss over key facts to make the impending doom more sensational.