Strategies come and go, and you never know what your next big system winner will be. If you have a small account, do one good trend system, and...
Diversify. I trade about a dozen systems in stocks and ETFs. Some look for trends, other are mean regressive. NEVER STOP RESEARCHING.
I second GoToMyPC. I use it daily to run my program when I am away from my desk. It is extremely reliable, and I can login on my iphone or any...
I put my first option trade on at about 30 in the early 90's. Lost early in my career, had brief periods of profitability, and at the ripe old...
One downside of a (good) prop firm is the registration. You have to pass the test which isnt too bad, but you have to get fingerprinted. Yes an...
Haven't read all the replies, but there are good prop firms that will teach you, and provide research, but you will have to be there, and not...
I worked for an engineering firm in Stamford in 2008, and we were doing work at SAC Capital, Steven Cohen's old firm. Our project manager was...
Managing money is a long road. Really hard to raise money unless someone knows you well, and has the cash. As a prop trader, you have enough to...
I agree, increasing TIER 1 capital requirements effectively cuts leverage and profits.
I agree that it won't get appealed, but much better than Hillary's idea of adding taxes to financial trades, at least this is what I heard.
Dodd-Frank forced banks out of speculative activities such as trading. I feel that there will be more opportunity if Dodd-Frank is relaxed IMHO.
Good news for traders
Get some good research, and put a solid back-tested program in place. You can join quantpedia.com for $500 (not affiliated), and find many Phd...
This totally goes against a lot of Phd research. Fading a stock after earnings has shown to be winner for many years.
First of all, try to get some sleep. 4am?
You know what they say - buy the rumor and sell the news. Short it.
I bought a Dell dual quad core server off lease on ebay for about $600 two years ago. I have used it to run some algos and it has never crashed....
I trade equities and ETFs for a prop trading firm. Would love to beta your software. Thx, John
Best portfolio analysis software for the money. You can also run a fully functional demo for free.
He is probably one of the most successful hedge fund managers of all time, and probably is/was the best emini trader all time. In his prime he...
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