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Thanks for your reply. Apex does not allow bots and based on what I have read, FTMO is all sim trading. I won't make a value judgment on that, but I want actual alignment with the firm and to avoid a setup where my success costs them money.

Hello Trading Friends! Of the many evaluation firms, are there any you'd suggest I look at particularly for automated trading approaches? Here are some considerations I have: - I need to use exogenous order signals generated from data science models (Python or R) - I think I can do this...

I'm interested in the variety of CFD "prop" firms that charge an enrollment fee and challenge. I like the idea of paying a fixed fee to prove things out, perhaps primarily to myself. Are any CFD prop firms better at integrating with algorithmic trading than others? I mean beyond MT EAs...

That looks cool but not maintained since Nov 2010. Looking more closely at API docs I May have close to what I need with the 2 examples that extend the SimpleWrapper class. They at least track order state with a mutex. Thanks a lot for the suggestion.

Yeah, I meant that I see that part as hard. Not trivial. More to keep track of than you might initially think. A lot of what I see out there, some of which is free, is bloated or has graphical/backtesting components that I don't need. I'm looking for less frills so that I can know the...

Hello, I have looked over several open source projects for automated trading with Interactive Brokers but I could use some help finding something. I don't need all the bells and whistles the couple of examples I have found have. I am looking for something as basic as possible to handle simple...

I suggest running the stats including your current commissions and then with some hypothetical commissions that would be realistic with a prop firm. Without commissions it seems hard to evaluate. I wouldnt discourage you, maybe it can work out great. There are prop firms where guys trade...

I think you either get a PhD or you become basically a quant-oriented programmer. The latter, maybe you already have the education for - maybe just get a certificate from someplace like CMU MSCF or other? Too bad Tepper dropped their Investment Strategy Track MBA, it seemed like a good blend...

Wow - good sleuthing. It's like our own little Financial District :D There are a few hedge funds in Pgh and some bank trading operations, Federated, PNC, BNY Mellon. A few moderately sized RIAs. I knew a real estate developer who located in Carnegie just because the address would have...

So, I've got this theory that certain types of HFT arbing equities/futures decisions should be made with the least latency directly between Chicago and NYC. It is the place that receives pricing information first from both locations. Where is that? You might ask.. Pittsburgh! (or 30-40 miles...

Oh - it's a lot less boring now. Still cheap to live here, though.

Just my small-time self. I've always thought there should be more quant or prop operations here with Carnegie Mellon. I work as a programmer non-trading related.

How about storing your data in a RAMDisk?

I'm in Pittsburgh - Trading capital of the world! ;)

I think the poker playing could help. Many traders don't have the nuanced view that they need to react to a constant stream of new information - a bit like how your bets will change based on what cards are coming from a deck. So, people focus on the entry and think less about the exit...

EricP - Regarding automation: do you have any suggestions for back testing or scanning technologies that are appropriate?

What's that?

I'd like to bump the thread with a couple of nitty-gritty questions: - What technology/software do you use to scan for stocks? - If different, what technology/software do you use to submit/manage orders? - Is there a backtesting platform that works well to test a strategy that scans...

I mean watch, not read. Sheesh. :p

Yup. Luck plays a role. Here's an interesting related talk: http://www.ted.com/talks/alain_de_botton_a_kinder_gentler_philosophy_of_success.html It's a good talk for losers to read, anyway. :D This guy says that doing stuff and telling people you're doing stuff is what increases your...