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ES, as a Moderator he might see you as an authority figure and take your original advice seriously. Youth can be impressionable. But then again, how can anyone take anything posted on ET seriously?

"Hmmm...what about S/R?" In a higher volatility, break-out trend formation kind of market you will get smoked fading/timing S/R levels. That's where the trendline and channel break-out systems really shine. Vice-versa in your lower volatility, range-bound markets. The undeniable truth is...

"Why can't you just do what teenagers do and go out and find your future wife?" Maybe if he's Amish and wants to build furniture or milk cows the rest of his life. Jeez.

This is just my opinion, but going back ten years is a detriment given events of the past 24 months. IMO, only backtest for 2 years. You don't want to include market cycles that emphasize mean reversion and timing over break-out trends and momentum. Again, just me, but I would advise...

M22, you are definitely on the right track - relative value trading with a "boosted correlator edge". Suggestion: Buy ATM SPY calls and Sell ATM airline/airline ETF calls? It is a delta and premium-neutral spread for the most part, you are selling off the theta (time) component, and if...

"Burbs are for those who can't afford to live in the lofts, Condo's or Apartments." Spoken like a true bachelor. I didn't move to the North Shore until my second kid was born. If you feel that way about commercial real estate, why not sell ATM REIT/ETF calls and buy ATM SPY calls as a...

The missing piece which takes things to the next level is that there are are other instruments outside the equity and energy spaces that have very high frequency intraday and daily close correlations to the S&P 500. No one correlator is perfect, but if you can model a basket the effects and...

Silly premise advanced by the OP - unless you are making markets for 30K up blocks (liquidity taker's choice) in dark pools. There is no guy at MS or GS scalping stocks using tic data and a a trade station technical study like 90% of the ET members. Nope. Different concept of an "edge".

Meteorology will be an exact science when the practitioner can predict weather 100% of the time. Ditto for trading. Prediction is required. If you are looking for "exact science", then Newtonian Physics before the time of Einstein might be a better analogy. The term "exact" has no...

"I took a look at the talkgold site and was simultaneously amazed and saddened" Like the old addage says: 'the more things change, the more they stay the same'. Easily satiated greed (high returns with no risk and very little effort on the investor's part) makes people lose all sense of...

Maybe the idea is to be a Ponzi investor in one of the first tranches who gets out at his earliest opportunity and stays out for good.

I would think the most logical course of action would be to pursue an interview with a fund or private equity group (Susquehanna, DRW, etc.) or a dealer/broker (Garban, Prebon Yamane, etc.) whose business model and revenue streams are based primarily upon market making. Look at the firms...

"There are some banks in other countries that pay 10% to 12% per year. " The operative term open to subjective interpretation being the word "bank" with all of the connotations associated with security - depositor insurance protections, funds segregation, and transparency.

Moody's affirms PrivatBank AS's ratings (B2/NP/E+); outlook remains negative Rating date October, 2010 The Cyprus branch's corporate parent in the Ukraine. (Source: Info-Prod Research (Middle East))Moody's Investors Service has today affirmedthe E+ bank financial strength rating (BFSR)...

http://www.cmegroup.com/globex/files/PriceBanding.pdf 6E and the rest of the CME currencies used to be PRORATA order matching, as of the latest CME circular they are now FIFO. First-In, First-Out. Bottom Line: Earliest timestamped order gets the fill. GTC limit orders have priority...

The calendar spreads had great daily trading ranges - sometimes greater than 100 tics and frequently about 50 tics and more.

"There is a no-stop, always-in system using 2 MA crossover" Let me just share what I have found, take it as just my personal opinion: That MA cross systems (and some oscillators, for that matter) which rely upon the same signal conditions for both entry and exit signals give away alot of...

" i was at a different firm before and could hide all my faking in the midst of 50 traders' orders" Ditto. We cleared Deutsche Bank for Eurex and I was the only "Size" HF high volume spread trader at a big Chicago prop firm of about 50 scalpers. I am positive that it was a big help for me...

"One of his fines, was 2 broken bones." Almost. I actually never got a formal fine - but the Eurex, Liffe, and ICE desks have my cell phone number. They have called me more about crossing orders than messages these days [that's another topic altogether]. You have to be selective - if you...

"on a side note any idea if my ploy of 1-lotting the tu will let me escape their wraith?" If they are fills, yes. Several years ago, I used to use quite a bit of automation like AutoSpreader for example to trade the Eurex yield curve. I used to keep count of my messages and ping off some...