Nope, not at all. I don't need to know specifics, like if you're trading options, what is the exact formula you use to determine which ones you're buying/selling, but we do need to know the rationale behind the strategy, what you're generally doing, etc. You'd have to be an idiot to give someone money without knowing what they're going to do with it. We do the same due diligence on all of our external managers, usually with a signed NDA, and those guys are running tens or hundreds of millions and have no problem explaining what they do and why they do it.
Hey all. I do know of someone in Whitby that will be rolling out a mean reversion algo with various alerts for new as well as experienced traders; we have been trying to get a trading floor setup where I am in South Florida with another of his strategies. Prior, I traded a grey box strategy for a different programmer who lives in Markham, so I am familiar with the Toronto trading community, and have a few trading contacts in your area. If anyone wants me to loop these people in, send me an email, douglasderosa@hotmail.com, certainly cant hurt. I spent 2 weeks up there last April, really great city/area.
Hello Tango, I realize that, I'm a bit late to the party, was just seeing if there's anyone left still looking to form a Toronto group.