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    Gotta love ZERO RISK in the SP500 = $$$

    You are missing two apostrophes, one comma, one "o", and one "e".
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    Making a break from exotic internet pictures for 3 months

    I memorized mine by now.
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    Rolling Forward A Futures Position

    1. There is no such thing as the "March 1800.00" contract. The futures don't have the strike price. 2. There is no such thing as "long ES at 1800". It must be a specific contract, such as "long ESZ3 at 1800". If you want to continue to be long, you simply sell the Dec contract and...
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    How many monitors for currency trading?

    Wrong question. The right question would be, "Is there a way to trade currencies without ever looking at a monitor"?
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    Kudos to MMs

    Which instruments would be good candidates for a mean-reversion model? Currencies? What else?
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    Damn you, Mr. Sharpe

    The formula that you are questioning can be derived in a very straightforward manner. The author of that formula is Edward Thorp, who is a professor of mathematics and finance, a hedge fund manager, and a successful trader/investor with a long term record of 20% annual returns over the last 28...
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    Atheism Is Punishable By Death In These 13 Countries

    I was surprised to see countries such as Iceland, Australia, New Zealand, and Germany on the list. They don't behead you in there, but you might go jail or pay fines if perceived as disrespecting the dominant religion.
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    Damn you, Mr. Sharpe

    Discrete Kelly formula: used when the payout ratio is always the same. Continuous Kelly formula: used when the payout ratio is variable (i.e., the winning amounts are not the same, such as in a trading system).
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    Damn you, Mr. Sharpe

    Both the Sharpe's ratio and the continuous Kelly use the standard deviation: Sharpe = (mean excess return) / (standard deviation of returns) Continuous Kelly = (mean excess return) / (standard deviation of returns)^2 So, in fact, one can be derived from the other one.
  10. N

    Damn you, Mr. Sharpe

    My dictionary defines "moreso" as a "Japanese term for "I'm about to leak!"": http://www.urbandictionary.com/define.php?term=Moreso
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    The top 3 guys who make over 1 million a year at my firm...

    I believe it's called "tautology". Examples: "close proximity", "stupid moron", "hot fire", "past history".
  12. N

    Futures opening price

    What's the meaning of the stream of dots?
  13. N

    Chess

    It's over. Too many blunders by Anand.
  14. N

    how much trades for validate a strategy

    Give me any instrument, and I'll find a system that generates 20 winning trades in a row for that instrument. That's the magic of "curve-fitting". The more trades, the more difficult it is to curve-fit. What I'd suggest is calculating a system quality measure which includes the number of trades...
  15. N

    Chess

    Hint: make the white block their own pawn, thus gaining a tempo for the black.
  16. N

    WARNING ALERT, Oct 1-4 Beginning of collapse 80%

    Can you identify the location? I'd like to do some surfing.
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    Kudos to MMs

    Predicted: -100 Actual: +7 That's quite a margin of error.
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    Psychiatrists Deeply Concerned For 5% Of Americans Who Approve Of Congress

    As it has been famously noted (and I am paraphrasing a little), the people deserve the congress that they voted for. From that perspective, the 5% who approve of the congress are simply the pragmatists, who expect no miracles from the congressmen. It's the other 95% of the voters who are...
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    WARNING ALERT, Oct 1-4 Beginning of collapse 80%

    They've cancelled the "event" due to partial government shutdown.
  20. N

    Chess

    Carlsen clearly didn't pay much attention to the game, looking around half the time, so that blunder that he made with R3e2 was only natural.
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