Recent content by MVR

Hello, So.... here I go..... Whoops, let sharpen the plan! wishing you abundant trading, Mark

(repost, the first one didnt seem to make it onto the list) Hello, I will definitely take your ideas on board. I do recommend the trade ideas scanner, it gives good results. Friday before last it gave me a 10% move over 9 minutes (3% decline over the next 5min)with huge volume and it gave a...

Hello, Thanks for the link. My problem with back testing is that I only trade 52 week high break outs with high volume and momentum that appear on my scanner the moment they happen. To find these conditions and back test them from previous data would be difficult. Hmmm I am sure there is a...

Hello, I attempt to allow for a little slippage during paper trading by writing down the entry price for the ask on entry and the bid on exit 10 seconds after I make the decision. I kinda figured this would allow time for the imaginary order to be processed. Since MBtrading doesnt have a...

Hello, Glad to hear you think there is no problem with the system. Hopefully my friend and I will keep each other to the system as we trade it. Thanks for the feedback, wishing you abundant trading, Mark

I agree, market orders do give slippage, but it is a trade off of sorts, a limit order can miss the move. I will play with both and see which comes out ahead. Thanks for the feeback, wishing you abundant trading, Mark

Hello, Excellent links, thank you. You where pretty much spot on there with the 100 days. hahaha cant hide anything from you. I brought a firend in to trade with, so we keep each other on track. So there is no deviating from the entry and exit rules. Thanks for the feedback. wishing you...

Hello, I dont know anything about backtesting software, but will starting reading up. Interestingly, on the days that I papertraded with lowest returns the indices where down. So I did a scan for bearish stocks and it looked good for shortselling. But I have not worked out my entry and exit...

Yeah, borrowing money is a risk, unfortunately with a small account I can only do three trades in a 5 days period. They want a minimum of $25000. I will take your advice by keeping the trades small until I get the hang of it with very tight stops. This should provide a nice cushion. Your...

Hello, I am new to the list. With only three years of playing on the market I consider myself a beginner. I am making the move into full time intraday trading. I have gone back to paper trading for the last month to fine tune my system. Here is the very simple trading system which I would...