Tsun: You are absolutely spot-on. Some prop firms have approached me about package deals, have reviewed my bona fides, and then requested exclusive rights (with non-compete clauses for rivals). It has been sticky to-date but your basic tenet is superb.
Econo: Spreads. Beautiful spreads with very high degrees of statisitcal fitness that model like a dream. Stat Arb would be an automated HF version on spreads that show ridiculously high rates of intraday mean reversion. I have friends in my office space that lease Apama for $18K per month, so I know a little bit about it. Very expensive to do it correctly with all of the associated colocated servers, hardware, software, and geeks.
Great thanks. I remember you from a long time ago, you are the real deal--the APAMA comment just proves you know your stuff. thanks! pay no mind to that traderzone character--he is just a broken down old timer who seems bitter. Can you post some examples here??
Econo: I have a copy of the Apama Users Manual, I've read it, and of course I know the guys who use it in their trading group - but I've never used it. In essence, you are building a highly automated spreader which puts you squarely in the domain of stat arb. The other biggee is Portware. Credit Suisse has co-located spread order driver servers that they use in exchange for a prime brokerage haircut.
Thanks Bone. I was speaking of examples of your trades. Specific names before the fact. Are you willing to provide some real calls here on elite? thanks!
I can't - I'm not a CTA nor am I a registered broker/money manager. It would be foolish and illegal for me to make buy or sell recommendations. I enter into a six-month technical consulting contract with my clients. As is evident from earlier posts here from existing clients, I am legit and provide bottom-line results. I will let my clients provide the performance details to prospects seeking due diligence.
FWIW, I'm one of Spreadprofessor's clients. I chose his services not for the claims to riches, but to receive proper guidance in spreading. His consultation services are just that; It's not a miracle "trading academy", but rather a guidance services for those that would like a lending hand from a legit individual looking to improve his trading. My experiences may differ from others, however, thus far, i have nothing but positive experiences from his services.