I don't have any idols, but I do feel I owe a massive intellecutual debt to a lot of the greats. There are clearly many brilliant traders out...
This figure is true, but means a lot less than you think. Aside from mean, median and standard deviation are other important things to know...
This is very accurate. The vast majority of people don't get how your standard of living and it's associated costs steadily creeps up as you make...
People who are serious about trading know that you can't accomplish everything by yourself alone. Or rather the full potential of what you can...
I find it's a surprisingly good mag. A lot of Wall St stories and gossip they write about are spot on. Of course it's got fanboy aspects and...
Dollars and cents, holding EST time zone constant, the best place to trade from would probably be from some city in South America. You might...
I'm not just relying on a bullshit survey to form my opinion. I've spent a fair amount of time in Tokyo, London, New York, the Bay Area,...
Quote from Rearden Metal: Right, we keep them living in fear of the prohibition enforcement goons instead. While the AIDS situation here is...
Clearly revealing my inner geek and data junkie status, but how about a section for metrics about ET? daily post frequency new member...
NYC is an expensive city, both in terms of cost of living and tax structure. So on both those counts its a lousy place for a day trader to be...
Monte Carlo methods are not really a formula or set of instructions - it's really an approach to problem solving. Let's say you want to know...
Mean Variance tests - a previous poster had written about a modification of adding tight stops to a system that lowered the expectation but...
I feel that one danger in paper designing systems is to rely too strongly on assumptions of normal distribution. This is fine in most cases, but I...
After a long tiring day of watching my pnl go back and forth, I often crave for some FPS action on Day of Defeat. Unfortunately after 7 hours...
These comments are irrational. The objective is to compound wealth, the pleasure of working in your underwear from home should be a somewhat...
Taxes are simple, it's someone else spending some of my money on my behalf. I earn $1 of which say 60 cents I retain spending discretion on and...
It's painting the tape and it's as old as the hills. I'm no lawyer so I don't know which law it flouts, but I'll reckon a good guess is that...
I think where there is much more overlap is what the best prop traders are doing and what the best "stat arb" types are doing. But quantitative...
I don't think you get my point - the "typical" hedge fund employee is engaged in an activity that is designed to return 15% on hundreds of...
The skill sets required for a typical daytrader and a typical front line employee at a hedge fund are completely different, and the two worlds...
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