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I didn't say that all working methods/patterns will be rendered useless as a result of increased volume on 24-hour trading, only that you need to be aware of the potential impact of this gradual, but fundamental change to the market's opening behavior. Some methods should very well continue...

I think profitseer was referring to the fact that as volume continues to increase on the overnight sessions, the behavior of the opening will slowly change. Systems that rely on past behavior of opening gap may need to re-evaluate the effect of increased activity during overnight sessions...

Get Wealth-Lab. IMHO it is hands down the best backtesting software available to the average retail trader. You can even implement more sophisticated analytic techniques using WL, not to mention the abundance of WL community scripts available for free.

About the same % as those with $20k who will blow out or hit a drawdown and give up. As I said, it's all about risk and expectations. If the original poster is only looking to earn 15-20% on $2k (i.e. not looking to make a living), I think this is more than feasible. In fact, many people...

Is it really unlikely to earn $400 after 12 months on a $2000 account?

Don't let the naysayers take you down. Yes, it's very difficult, but $2000 is not undercapitalized if you trade appropriate share size. Find a broker that lets you trade odd lots or specialized tracking funds that are designed for the small trader who wants to be active. As long as your...

If you trade a non-discretionary approach I recommend backtesting to determine which method works best for you. In my experience it is always better to trade all contracts at once, rather than a phased approach where you take partial profits, move stops to break-even, etc. Simple backtesting...

Do you have suspend enabled? e.g. when you power back up from a power-off, does it just do a normal bootup or does it come back to where you were (same applications & windows open, etc.)? Do you have anything connected to USB/parallel/serial port that would be sending a shutdown signal...

I hope so too. In all of their prospectus' and other information relating to the IPO, one of their #1 priorities was improving reliability. I'd be really curious to see how what their plans are on the technology front. Afterall, an exchange is all about accuracy, reliability (i.e. uptime)...

Master Po (blind): "do you hear the grasshopper at your feet?" Young Caine: "old man, how is it that you hear these things?" Master Po: "young man, how is it that you do not?" - from Kung Fu the movie

Try 10yr Treasury Notes or Crude Oil.

The problem is you don't know when downtime will occur. 30 mins of downtime may not hurt them at all in the evening with low volume, but what if that occurred at the height of the trading day? It's a simple business decision. You look at your estimated cost of downtime (not only from lost...

I agree with you. The Globex uptime track record is horrendous. Ask anyone who deals with enterprise class systems with high uptime requirements. And FYI, 99% uptime sucks! That's equivalent to 5,256 minutes of downtime per year. Industry standard best practices is 99.96% uptime which is...

Assuming both methods (taking small profits with high % win; and taking large profits with low % win) have a satisfactory positive expectation, you can trade both methods by utilizing multiple contracts. This is a valid way to smooth out your equity curve. Tweak the # of contracts in favor of...

Some academics have a great gasp of statistical testing of various trading strategies, including using much more advanced time series analysis techniques, but their use and understand of TA is dismal. You'll see them doing sophisticated non-linear time series analysis but using simple SMA's as...

A good trader makes money consistently and can live off his winnings.

There are also traders who add to losing positions either in a pairs trading or P2 type manor. P2 has discussed his ideas here and I've talked to another tradres who does something similar. He only adds intraday, only when his position is going against him, does not carry positions overnight...

If you post on the forums there many WL users will be happy to help code your system. As long as you can describe what you do as mechanically and algorithmically as possible.

The counter-argument is that economic forces that drive an economy and interrelated reactions of investors don't just turn on a dime. The incoming administration inherits an economy. Everyone who votes on performance of economy last 4 years does not understand this. For two term presidents...

If a signal alert was generated prior to the bar completing, that would be a coding error. The original poster was asking about "disappearing crossovers" which is most likely that the charting software is updating indicators & price in real-time, hence you see a crossover b/c price...