70% of all money invested with CTA's comes from institutions. To qualify you generally need 3 years and 10 mill. under management.
Failing that, you need to attract individual investors. Try convincing your broker to send some accounts your way. It's a way for him to keep underperforming...
It's a pretty simple probability problem. Figure the expectation of the game (sum of all prob. * payoffs)/26 = 39,600
Take any offer above 39,600... refuse any below.
Playing any other way is gambling...something traders never do....lol.
If you enter with a limit order you're likely to miss the best moves (you know, the ones that take off as soon as you enter), and be left entering only the second rate trades. And you do this to save what? your commission? give me a break.
I'm sure you realize the VIX is calculated from the 30 day implied volatility. Doesn't take a rocket scientist to look at recent historical 30 day volatility and realize the market is pretty dead.
After the US elections I decided to help only those that don't want to screw me (higher taxes). I called all my clients and chit chatted with them. I asked them what they thought of the elections. Those that were happy with the results will be receiving a letter today telling them that their...
1/3 of all US corporate profits come from outside the US. Any protectionist measures would no doubt hurt both US consumers and corporations. US can't compete on price with the world in any labor intensive activity where price is important. Differentiation is about the only chance the US...
Get a job, here:
http://www.matcap.com/careers2.htm
At least you'll be working for a market wizard with more than $250 mill. in his pocket and you'll learn electronic trading from the best.
Here's something to get you started.
http://www.amazon.com/exec/obidos/tg/detail/-/0805852417/ref=ase_hedgefundcons-20/002-4732220-5820805?v=glance&s=books
One thing you guys probably haven't realized yet is the earth has already exceeded it's maximum loading capacity. There's not enough water to take care of everyone. Unless we start reducing the number of bodies on it, the survival of the fittest will kick in. Fusion is the future for energy...
The problem with MFE and MAE is they are usually based on dollars or points in a trade. Unfortunately, the markets volatility changes over time so either the stops generated will be too sloppy (as in using data from the late 90's in the ES) or too tight (as in using data from 2004-2005 in the...
I'm an independent but today I'm definitely MAD. Heard the agenda calls for a increase in capital gains tax and a tax increase for the top 1%. Sure looks like classwarfare is alive and well. I'm tired of paying way more than my "fair share". Guess I'll hold my end of year charity donations to...
US doesn't import from Iran (at least not above the table).
http://www.eia.doe.gov/pub/oil_gas/petroleum/data_publications/company_level_imports/current/import.html