Recent content by Joey25

https://www.youtube.com/watch?v=bZcIxEnWbOc&list=RDbZcIxEnWbOc&index=1

I've been through a couple of cycles of a) being long beta in the late 90s and b) short vol in the early to mid 2000s. You tend to get influenced by the times you trade in; anyone who started buying stocks during the dotcom bust probably chucked in the towel- likewise during the recent crisis...

Paul van Dyk - For An Angel (Club Mix) - YouTube

My understanding of the MT4 platform is that it is not a limit order book. Traders always "cross the spread", so passive limit orders are not possible. Therefore, your order is only triggered, as you have said, when crossing the spread will result in that price. This is a market-if-touched...

Above & Beyond - Formula Rossa (Original Mix) - YouTube

They're still market-if-touched in the sense that (for a buy order) the ask needs to touch your price. In other words, the bid is below your price by the amount of the spread. A true limit order earns half the spread, because you only need the bid to hit your price.

Try going long the star performer and short the crap performer. It's been tried for moving averages and apparently earns excess returns.

Hull?

Playing devil's advocate, and allowing the guy his "World Champion" status as an exaggeration, are these courses really any worse than the 30K students will soon be paying for university degrees, when they often have no real prospects?

Chances are those orders are really market-if-touched orders, meaning that you still pay the spread, and hence perform worse for smaller bracket orders.

Exhibitionism.

Gareth Emery feat. Christina Novelli - Concrete Angel [Official Music Video] - YouTube

The natural log helps to deal with the fat tails (kurtosis). With regard to a random process, the shape of the distribution, including skew (as in incomes) does not determine whether the `random' assumption is valid. All you need is that the sum of the probabilities adds to 1 (or integrates to...

I think it's probably referring to the error term in the following: ln P(t) - ln P(t-1) = e(t) The difference in the natural logs from one day to the next gets closer and closer to the bell-shaped normal distribution as the sample size gets larger. As long as the individual e(t) are i.i.d...