Recent content by PranKsterJack

The attached chart shows a trading strategy that yields an average profit $137 per day on an account with a starting balance of $10,000 Posted here for amusement & comment (actual trades were run through the Ninja Trader 7 Simulator)

you need a radio button that says 'I have no idea'

Interesting story ... http://www.propublica.org/feature/all-the-magnetar-trade-how-one-hedge-fund-helped-keep-the-housing-bubble

They pick the pockets of the unsuspecting

Oct 08 + $800 since then (I have a day job) I get better at it every year

Yeap chilling I work for a tech company we just laid off 100 guys in the US earning >$125K and replaced them with 75 guys in India at 25K a pop 10 years from now - if you want to live in the US - youd better be a doctor or work at jiffy lube because there wont be much else to do that...

if you know how to set a stop loss its far easier to have a very bad day taking 50 trades than it is taking 5 trades

bloviating again jack?

the former has always seemed easier to execute on than the latter just my 2 cents

so...... the remedy is hmmmmmm don't risk the rent/food money? nah, too simplistic

Ninjas strategy analyzer does not use the same logic for fills as the real time sim you will get different results every time the SA also does not support bid/ask on historical data (in 6.5) Its gettin better but it aint there yet

you need a plan that leaves you in the trade at that time - at least 1 time in 3

and you backtest, how?