how many day traders on here?

[HappyScrappy]

How many of you trade stocks multiple times a day?
Multiple times a week?
A Month?
A Year?
Ever?

Options, straight stocks, margin trading, futures?

just curious how many, if any, people on here were into that.

 

[Doktor Bollix]

And while you are at it, how does paying your taxes work?

 

[Code]

I *used* to day trade, about 3 years ago. Back when everyone was doing it.

I traded 3-4 times a day.

Now I'm only playing the long term stocks. But since I'ms tarting my own index of security stocks, I plan on putting my money where my mouth is :|

 

[HappyScrappy]

Your own index? As in you are starting a mutual fund company - or you are just doing something for fun?

 

[Code]

Your own index? As in you are starting a mutual fund company - or you are just doing something for fun?

just for fun.

I'm trying to write an app that tracks my stocks and displays daily/weekly/yearly results.

 

[HappyScrappy]

just for fun.

I'm trying to write an app that tracks my stocks and displays daily/weekly/yearly results.

ahh - interesting you say that.

the reason I was curious if anyone on here traded a lot, I have a new system that I wrote that is all web accessible and it does some trading analysis and tracking. just wanted to know what features they would look for.
it is currently at least a month out from being a live system, and it won't be fully up until I have enough revenue from it to get a live stream (so intra day trading won't be practical in the system until later once I can get a feed... or rather afford a feed to the system)

neural net analysis would be the main draw.

 

[HappyScrappy]

and code - back when I made a decent amount of money during the boom when retarded monkeys were making "decent amounts of money" - a bunch of my friends said that I should run an index/fund. as a joke I set one up, but it is worthless now due to lack of maintenance.
I have an idea for one that I think I will actually really buy into as well that I think would do quite well

we can setup we pages that track their progress and compete to see who's fund performs better (although I won't have the free cash to implement mine in reality for a few months at best - but I could do a theoretical one until then)

 

[Code]

and code - back when I made a decent amount of money during the boom when retarded monkeys were making "decent amounts of money" - a bunch of my friends said that I should run an index/fund. as a joke I set one up, but it is worthless now due to lack of maintenance.
I have an idea for one that I think I will actually really buy into as well that I think would do quite well

we can setup we pages that track their progress and compete to see who's fund performs better (although I won't have the free cash to implement mine in reality for a few months at best - but I could do a theoretical one until then)

Have you seen the interview with Rick Wallace on /.?

He talks a lot about how NN's are the wrong route to AI.

Interesting stuff.

That sounds like a cool idea.
I'm not doing anything fancy, just basic stuff regarding market cap and price ranges.

I haven't even developed a plan for the code yet.

 

[HappyScrappy]

one of my friends is an investment banker and I had a contest with him who's stock portfolio would perform better (percentage-wise) and who would reach 1 million first in net worth...
well - considering he now makes well over that each year, I'd say he won that part, and we don't bother comparing stocks anymore.

thanks for pointing out the slashdot thing - looks like I missed that when it was first up - I'll have to check that out later.

(neural nets suck in terms of some AI, but are really amazing at other things - they are mainly impressive on non-linear tracts - and hopfield nets are fucking amazing when it comes to solving the travelling salesman type problems over "conventional" algorithms)

 

[Code]

one of my friends is an investment banker and I had a contest with him who's stock portfolio would perform better (percentage-wise) and who would reach 1 million first in net worth...
well - considering he now makes well over that each year, I'd say he won that part, and we don't bother comparing stocks anymore.

thanks for pointing out the slashdot thing - looks like I missed that when it was first up - I'll have to check that out later.

(neural nets suck in terms of some AI, but are really amazing at other things - they are mainly impressive on non-linear tracts - and hopfield nets are fucking amazing when it comes to solving the travelling salesman type problems over "conventional" algorithms)

I used to love NN's in college. But we used them so fucking much in the DoD that I'm just burnt out on them.

We did Autonomy type shiznit with massive data sources to track changes in data types. Basically we looked at "hot topics" and then sifted backwards looking for similar data before the topic was hot.
Example: On 9/11 we would have rolled back and looked for similar topics and data types before 9/11 occured.

You can imagine we'd point this botch at *every* data source available. You can imagine the processing power we needed.....

 

[HighIntensity]

day trader here, sweet gig

 

[HappyScrappy]

Example: On 9/11 we would have rolled back and looked for similar topics and data types before 9/11 occured.

You can imagine we'd point this botch at *every* data source available. You can imagine the processing power we needed.....

wired had a writeup recently of some of these systems. predicting the next disaster and when/where it would be (that is technically the wrong term - should say "showing the probability of certain events happening").

there is one that has been running since the 80's reading news articles and magiazines and the like and it sounds pretty cool - in the late 80's it was seen as "self-aware" (not really, but it appears that way - it asked quesitons about itself and if there were others like it)

there are a bunch of different types of neural net algorithms out there, not all are truly valid, and if you use the wrong one for your purpose at hand, then you might very well never see any results that are worthwhile.

 

[Code]

wired had a writeup recently of some of these systems. predicting the next disaster and when/where it would be (that is technically the wrong term - should say "showing the probability of certain events happening").

there is one that has been running since the 80's reading news articles and magiazines and the like and it sounds pretty cool - in the late 80's it was seen as "self-aware" (not really, but it appears that way - it asked quesitons about itself and if there were others like it)

there are a bunch of different types of neural net algorithms out there, not all are truly valid, and if you use the wrong one for your purpose at hand, then you might very well never see any results that are worthwhile.

When I left in '97-'98 we hadn't gotten to the point where we though we could accurately predicit activity.

Or my dept simply wasn't interested in that aspect, not sure which.

 

[gotmilk]

I trade maybe 20 to 30 times a month..

My friends just bought their own broker dealer and we are getting ready to break some short positions...thanks to Thomas Kernaghan's fraud.

Actually looking for some private investors, venture capitalist, or bankers to help us out..

 

[kunta]

used to trade 4-6 times a day now only like 2x a wk or so if that

 

[VicTusDeuS]

for 100,000 you can start your very own true mutual fund

 

[Ffactor]

Multiple times a week..