OldSchool

9 ms·

91.
by OldSchool 13y ago
This type of story underscores my Icarus-inspired philosophy in business: fly high but not so high that you become an obvious target or otherwise risk getting burned. I learned relatively early that above some level (that's not even al
92.
by OldSchool 13y ago
The claim "...and they all rip off Rod Holt's design" is classic "reality distortion field" salesmanship. Lesson learned: don't be humble when you're the pitch man. Even the claim that every other computer
93.
by OldSchool 13y ago
I imagine that many people on HN would wither in a six-figure corporate job, and virtually all are aware of the rarity of the $1B exit. I'd take a self-sustaining entrepreneurial situation over the day-to-day corporate grind any time.
94.
by OldSchool 13y ago
Hopefully a disclosure like this prevents at least one patent.
95.
by OldSchool 13y ago
$10K Isn't too far off from what tuition for my EE degree cost in the late 80's. Even adjusted for real inflation it shouldn't be a penny more than $20K, possibly as low as about $15K today. That was of course at a state sc
96.
by OldSchool 13y ago
I upvoted you. My apology for any offense. I think we're talking about two different issues. Frequent moving and deployment are part of the job description with which you were associated; nothing arbitrary or for-amusement about it. Th
97.
by OldSchool 13y ago
Hmmm, I can understand getting bored and switching jobs as a way to stay stimulated, or to take on the "opportunity of a lifetime" that comes along every so often, but when there are other innocents whose lives are interrupted as
98.
by OldSchool 13y ago
Cool idea. Like a white box PC platform. Will it happen? Probably not. The iPhone took the world by storm by being a no-thought-required pretty machine, so this is almost the opposite. Would HN people love it? yes. As a related aside, in co
99.
by OldSchool 13y ago
Well said!
100.
by OldSchool 13y ago
After decades of successful remote work on both sides of the paycheck, I find this recent trend pushing against it with formality and micromanagement pretty revolting. There are jobs that require specifically to-the-second availability call
101.
by OldSchool 13y ago
These articles, especially with such a loaded title, are starting to feel like propaganda. There are those who are miserable in an office, and those who would be miserable working remotely. I don't think any article is going to change
102.
by OldSchool 13y ago
As a young engineer-type with no exposure to the psych field, I had about the same opinion when I was in my early 20's. However, a few decades of real life later I've seen first-hand, successes and turnarounds for people who eithe
103.
by OldSchool 13y ago
I'm going to suggest that if you want to call yourself an engineer in any field, you should be able to quickly understand, among other things, how engines and air conditioning work. If not, there's always the management track ;) G
104.
by OldSchool 13y ago
I imagine anyone who's been around for long at all has written what someone would call "shit code." Hindsight is 20/20. Imagine auto makers comparing product today with those from 50 years ago? That's about how far
105.
by OldSchool 13y ago
Hmm, this outcome should be interesting. As a rational person it's natural to gravitate toward purely objective.. well anything. Generally people on the receiving side don't seem to handle this well; everyone gets bent out of shap
106.
by OldSchool 13y ago
Correct. In this simple algo scenario the position is assumed to be long 1X or short 1X at any given time. After the first trade, all reversals trades are then either buy 2X or sell 2X until the very last trade.
107.
by OldSchool 13y ago
I don't think it's illegal, not even really front-running. That'd be them turning a price profit on filling your order, not just using it to avoid a potential loss. Also, you're right, at a minimum, via a subsidiary it&#
108.
by OldSchool 13y ago
Imagine your algorithm says that a certain non-volatile instrument isn't going to go much below 5.00 and often goes above 5.15. You place a limit order in advance to buy at 5.00 (market orders don't guarantee price) and if you ge
109.
by OldSchool 13y ago
My only experience is with equities, but yes forex is both highly leveraged and poorly regulated. Even in equities, your brokerage is not your friend: if you place a limit order, there's nothing to stop them from placing the same order
110.
by OldSchool 13y ago
Trading costs have to part of your model, but at Interactive Brokers for example you only pay $0.005/share (with a $1 minimum) to trade. At that rate you can try to trade for an average of pennies per share (including winners and lose
111.
by OldSchool 13y ago
Thanks for posting a very top level view of automated trading for engineers. In case discussion goes cynical here, I can attest to the fact that this sort of thing can be done consistently and successfully for thousands of trades over month
112.
by OldSchool 13y ago
Sure, the policeman becomes a surveillance tool of sorts, but I'll trade the minuscule amount of time I'd ever be in view of such a camera for a guarantee that 100% of every officer's activity is recorded.
113.
by OldSchool 13y ago
Recording the police has got be a good thing almost all the time. Unless they can "accidentally" not record an encounter or "accidentally" delete one, it will most certainly place moral pressure on the officers. We all k
114.
by OldSchool 13y ago
Worthwhile story and I've always thought that entering a space that already exists is a better bet than trying to create a market. Selling to developers can be tough because they aren't shy about telling you what details you left
115.
by OldSchool 13y ago
As soon as you have anything involved that's async to your process or thread, you're going to operate most efficiently with something along the lines of a callback. I don't see them as a Goto at all; they're much more li
116.
by OldSchool 13y ago
Growing up during the cold war, it was dogma that a Soviet "bolt from the blue" could occur at any moment and end everything, everywhere. That gave the game deep relevance. That threat was far less contrived than our current &quot
117.
by OldSchool 13y ago
Good point, financial and even hierarchical corporate success prior to any entering into any new venture changes at least a person's level of hunger and drive in most cases.
118.
by OldSchool 13y ago
Let me gently remind everyone that one success or failure is not completely deterministic. A single business failure or short-term success doesn't say much about someone as a founder. That his/her interest and drive can be made to
119.
by OldSchool 13y ago
I've never quite mentally reconciled the idea that people whose industry is built on telecommunication should have to spend hours and days traveling to talk about it.
120.
by OldSchool 13y ago
Thanks for taking the time to reply in detail :) Keep up the great art/science!

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