Recent content by fulliautomatix

Heard about them from a friend - anyone know anything about them? There are about 20 guys in the NY office and have branches in NJ, Boca, and LA as well. Looks like the typical $500/wk 50% profits deal until you can put in your own $$$- but I want to know if these guys are good... Thanks!

curious- where do you get historical data of the open book?

2.5% makes quite a differance imho about fakes - most fakes, at least from what i noticed as a daytrader, were around 25 cents from the current prints- as they would usually be from daytraders themselves who aren't out to fake out longer term players- just other daytraders. don't know about...

I'd be interested in seeing the results... I always thought it was interesting seeing how people trade the books. You would see a large short order stepping down until it hit a large buy order - then you would see people (using bullets at the time, or private placements as they do now)...

don't know if this is what you mean but- when i started trading (good old bullets...) it was common to see large order suddenly 'lifted' off the books on the NYSE- and for the price to suddenly swing the other way. I certainly don't trust the books too much any more- even when you see a...

i don't post here much due to the fact there are more people interested in putting people down while comfortably hidden behind an anonymous id than actually helping them to trade...which is what this site should be for. don't know if this was said yet, as i didnt read all of the posts- but...

I've found that for me-simple = better = higher profits. I am no quant and so I have never had success when trying to develop a strategy that is overly complex. I have really only had success trading (relatively) simple strategies, while implementing strict money management rules.

About backtesting- its better to test on about half of the days of data you have available- then test out the system over the full range of days. This will help avoid curve fitting - and will let you see how you do on out of sample data. Each time you make a change only test on half the days...

you can find programs that will record the Time and Sales for you- then you can study them if you want later. Or just use esignal or something and look at the tape at the end of the day- they usually save one or two days back.

There are many who do not feel it is possible to ‘beat’ the market, and promote instead the long-term holding of index funds- funds which include many, if not all, of the stocks in a certain market. While this approach certainly has its merits, why would an experienced investor/trader not...

New to elitetrader- have traded the last 2 years. Now focusing on a mechanical strategy I've developed following intra-day trends of the ETFs. I wrote this a while back while doing some research on trading strategies and putting some ideas on paper, and wanted to share to see what you guys...

Take a look at Tradebolt.com. It will interface with many programs that export signals and send them off to your broker using an API link. It manages the trades based on your own parameters and simply takes the buy/sell signals from your program- makes certain that your order is fully filled...