Recent content by Echieo

Quick question about trading costs in automated trading stratagies. We have a algorithimic trading system that generally does quite well but sufferes from the fact that our trading costs are so high. I was wondering if anyone here knows how high frequency traders deal with trading costs? Are...

Wow... http://www.ebay.com is retiring <a href ="http://www2.ebay.com/aw/core/200904.shtml#2009-03-16135606"> Ebay Motors </a> Edit: Oops. Misread. Their just retiring the page.

Thanks for the info and the link. So basically, the advantage leverage gives you is that you can be in more trades, or bigger trades then your account would otherwise allow. Why do people get so excited about getting high leverage then? It seems that with a lot of trades my MM system tells me to...

I was curious how people apply money managment systems when heavily leveraged and day trading. I typically swing trade and rarely trade with leverage. When I do leverage it is in very small amounts. I manage risk by determining a logical stop and then calculating the number of shares to buy to...

I often hear traders on this site saying they have simple streamlined systems that they backtest. How do people select securities to trade with these systems. There is a lot of talk about signals but not much on picking securites. How does one test a system even if its as simple as a moving...

I trade stocks. My stratagy is to first determine the overall direction of the market and then look at industry rankings. If the market is trending down, like this one, I start with the industries that are doing the worst and flip through all of the 3 month daily charts in those industires. I...

I'm pretty good at jumping on trends but bad at knowing when to take profits. I pick good entry points but lousy exits. When is a good time to take profits trend trading. Are trailing stops worth using or do you just continually move your stop above points of resistance (when shorting). My...

5K is recommended

Address is http://www.echotradeonline.com/ I'm in touch with one of their managers in the Manhattan office.

I am considering becoming a proprietary trader with Echotrade. Their pay out is 90% during the training period, then 100% but with .7 cents per share commissions. I am very interested in stocks, serious about making a go of this as a profession, and I have enough savings to live on for at least...