Here is a conversation on reddit.com which pretty well inspired me tostart thinking about blending my knowledge of technology and financial investment. This was pretty inspiring where an indie software engineer launched his own business. He is now clearing in the millions
whatswith_this 1 point2 points3 points 6 months ago[+] (3 children)
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You’ve referenced dynamic hedging in this thread. Do you use dynamic hedging, or do you have a strategy that profits from the dynamic hedging of others?
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mejalx [S] 0 points1 point2 points 6 months ago[+] (3 children)
mejalx [S] 0 points1 point2 points 6 months ago[-]
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Yes.
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[deleted] 0 points1 point2 points 6 months ago[+] (2 children)
[deleted] 0 points1 point2 points 6 months ago[-]
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Enlightening.
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waxwing 0 points1 point2 points 3 months ago[+] (1 child)
waxwing 0 points1 point2 points 3 months ago[-]
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Not impoverishing 🙂
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[deleted] 0 points1 point2 points 3 months ago[+] (0 children)
[deleted] 0 points1 point2 points 3 months ago[-]
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Dunno, ask the LTCM investors……
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brosephius 1 point2 points3 points 6 months ago[+] (1 child)
brosephius 1 point2 points3 points 6 months ago[-]
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have you ever had a software mishap that resulted in some undesired trading?
do you play the rebate game at all?
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mejalx [S] 0 points1 point2 points 6 months ago[+] (0 children)
mejalx [S] 0 points1 point2 points 6 months ago[-]
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Yes. I’ve had almost every aspect of my trading operation give out or fail at some point or another. Redundancy is key. I will take rebates, but it’s not my staple.
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wolfman123 1 point2 points3 points 6 months ago[+] (1 child)
wolfman123 1 point2 points3 points 6 months ago[-]
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Some practical questions:
1) Is it possible to run anything like this as a hobby? If so, what sort of returns could you see? I am a full time s/w engineer but would like to dip my toe in the water if possible.
2) Can you take holidays? If so do you and how does that work?
Thanks – great IAMA.
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mejalx [S] 2 points3 points4 points 6 months ago[+] (0 children)
mejalx [S] 2 points3 points4 points 6 months ago[-]
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- Yes. Your returns will depend on your edge and capital, so it’s highly variable.
- Yes, I take holidays. In the past, I would completely turn off the trading operation so I could relax with peace of mind, but the past two vacations, I kept running 2 of my bread and butter strategies. My father who is retired then took over at my office for me to monitor the systems and just made sure nothing crazy happened.
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NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!