To: TraderAlan who wrote (564 ) 6/12/1999 2:20:00 PM From: - Read Replies (2) | Respond to of 18137
<your training budget was higher...> Yes, while supporting myself through consulting, I took every trading seminar, traveled everywhere, studied with everyone for a period of about three years, all the while trading aggressively - it was quite an adventure, and in hindsight, a worthwhile investment. I knew I was developing a second set of professional skills, and wanted to immerse myself in it intensely, and gain a "perspective" on all the different approaches. Fortunately (<g>, I have more free time now) that phase came to a natural close a couple of years ago. [although, I confess I'm flying from CA to NY to attend John Summa's "OptionNerd" weekend S&P/OEX seminar later this month!] About three years ago when I was studying for a week with Greg & Oliver at Pristine Capital, I told them about all of the different seminars/training I'd been through, they just busted out laughing. Which, is the appropriate reaction!! <CPU intensive> Yeah, you can buy your way out of just about any CPU-intensive problem nowadays... between my lab and trading operation I own more than a hundred 300MHz+ Pentium machines, we do performance testing on them frequently at the lab. Even with fast Pentiums, with too much running, the thing you run into is 1)CPU saturation (BPU Bandwidth saturation), and 2) memory access (speed/BW) as a chokepoint. One of my trading "number cruncher" machines is a Dell Quad-processor PowerEdge server...it's a beast. I run RT III on a 500MHz PIII; the slowest machine is a CPQ450. None of them has any problems with BB's, even my Dell Laptop can handle the exponentials <GG> Good trading, - Steve