Recent Content by Joetrader

  1. Automated trading system using SAS

    Numeric runs all 18B on SAS. I should have added that we are not doing any high frequency stuff with this...some intra day but no high freq.
    Post by: Joetrader, Mar 29, 2010 in forum: Automated Trading

  2. Automated trading system using SAS

    Some of the biggest quant firms on the street use SAS for backtesting and automation. We are not in the league with the biggest, but we force all...
    Post by: Joetrader, Mar 20, 2010 in forum: Automated Trading

  3. Error & Omissions Insurance?

    E&O insurance has nothing to do with trading errors!
    Post by: Joetrader, Mar 20, 2010 in forum: Professional Trading

  4. Taxes: Can a Trader Relocate to tax-free locale?

    the usvi is the worst idea ever...when the law was first passed in the mid 90's (some kind of redevelopement act because the US was embarrassed...
    Post by: Joetrader, Jan 25, 2010 in forum: Taxes and Accounting

  5. Taxes: Can a Trader Relocate to tax-free locale?

    there are lots of ways to structure companies so that you pay very litle taxes...move to canada and you have a 5yr tax holiday...in the uk you get...
    Post by: Joetrader, Dec 22, 2009 in forum: Taxes and Accounting

  6. Tax "deferral" via hedge fund structure

    I am 100% sure that if you leverage even 1$ of margin in your IRA that you have to pay UBTI (not UBIT) on all gains derived from this leverage. I...
    Post by: Joetrader, Mar 10, 2009 in forum: Taxes and Accounting

  7. Tax "deferral" via hedge fund structure

    you don't pay 1 penny of tax if you are an offshore investor. so offshore hedge funds dont pay anyone tax (US investors are not allowed). the...
    Post by: Joetrader, Mar 3, 2009 in forum: Taxes and Accounting

  8. Tax "deferral" via hedge fund structure

    The A holes in congress took our deferral away Jan 1 2009 (republican senator snuck it in to some freedom fighters bill to fund 911 heros or some...
    Post by: Joetrader, Mar 2, 2009 in forum: Taxes and Accounting

  9. Warren Buffet wall to wall CNBC. Guy is a jerk.

    Hmmmm. Turning a hedge fund into an insurance company through acquisition has to be one of the top 10 tax dives of all time. Let's see, if we...
    Post by: Joetrader, May 2, 2008 in forum: Trading

  10. Tiny Hedge Fund Startup Questions

    Management fee on 100M too small?! Egads Surf! The fund bears all of the expenses! Expenses from administrators, prime brokers, tax, audit,...
    Post by: Joetrader, Feb 19, 2008 in forum: Professional Trading

  11. Paying to Locate Stock

    if you go to a decent prime broker, many introduce GSCO, or penson, but perhaps they charge these fees to you from the introducing. Anyway, I use...
    Post by: Joetrader, Feb 10, 2008 in forum: Professional Trading

  12. Any licenses needed to be a hedge fund manager?

    SEC's ability to regulate fund industry was overturned last year by supreme court. No fund manager is required to register now, even if assets...
    Post by: Joetrader, Sep 7, 2007 in forum: Professional Trading

  13. Starting a small Hedge Fund??

    I can tell you from experience that launching a fund is a daunting task that requires many experienced people (more admin and back office than you...
    Post by: Joetrader, Aug 13, 2007 in forum: Professional Trading

  14. Goldman Hedge Fund takes it on the chin

    Not all funds book incentive fees annually. In some instances it is common for funds to book incentive quarterly. So they could have done well...
    Post by: Joetrader, Aug 6, 2007 in forum: Wall St. News

  15. How much should one make to prove himself a good daytrader?

    Make enough to retire, then retire, then you are successful. In this business "it aint over until the fat lady sings" and I'm sure you can get...
    Post by: Joetrader, Jun 5, 2007 in forum: Professional Trading