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Rounders was a decent movie. They obviously consulted poker pros when making it, although they did sensationalize and over dramatize a few scenes. Playing poker professionally is just like trading. You make moves 99% by instinct and win or lose it shouldn't affect you emotionally. You know...

This book can be summarized in ONE sentence.    Take all NR4/IB trades in direction of the breakout. That's it my friends. The author never responded to my claim that he is simply reselling a concept established by Connors and Rashke in TASC articles and their book.

ditto :)

The reason exits are so heavily emphasized in trading lore is because that is how most people affect "management" of their trade (profit targets, stop losses, etc.). However, if you look at scientific analysis of the benefits of entries vs. exits, you will find the following to be true...

The same problem exists with exits. You do not know if that was a "good" without hindsight. Just because you have, say a 4.00-pt stop loss on ES and you exit when your stop is hit, then pat yourself on the back for taking small losses, then the market reverses and shoots up, that is NOT a...

I have always, always felt that ENTRIES are always MUCH MORE important than EXITS. I have my own proof of this but I am not willing to share at this time, sorry, but it involves some proprietary stuff I'm being paid to do for hedge fund. Nonetheless, to take the poker analogy, if you...

I'm not a big fan of Sands myself, but I'm a lesser fan of spam.

My point is that if you are sharing "just a guideline" or an indicator then you are likely to not get any responses around here. People are interested in how well this value or indicator can help in their trading, and the only way to evaluate that objectively is by looking at mechanical methods...

Have you created a mechanical way to trade the values produced by your model?

This guy has been spaming this ad to every message board and mailing list having anything to do with trading. Here is Russell Sands response: -----Original Message----- Dear Mr. Nagy : You are obviously free to teach and sell whatever you like, you are also free to call it whatever...

I think it's a valid exercise without volume. Besides, I think volume would be easy to "fake" by varying it to some degree similar to the price change magnitude. e.g. large range days and gap moves would see higher volume, just like in "real" charts. Also, you could create a synthetic...

Try posting trading summary based on mechanical method of following the forecast and you might get more interest...

Your P&L is most impressive. The question then becomes how do you determine when a stock is about to rip such that you can add to your position before the ripping is done? And if the stock goes against you, and you start shorting other stocks in same sector, how do you determine that the...

Buy high, sell higher.

With compounding you'd be even in much less time, prolly one year. :)

And depending on the time frame you choose, you would most likely be merging today's close and the next day's open into one bar which would definitely make it difficult for someone to recognize or reverse engineer the chats. (Besides, I think most people don't have enough time to waste trying...

You could use intraday data, using like 120m bars, or something a little more obscure like 111m bars. Also since you've normalized the data so someone couldn't simply do a search on the OHLC values, I think it's quite safe from people "recognizing" the data. You could also sector indexes or...

After this round is completed, we might want to try again using around 1000 bars of data instead of just 300. We have the possibility that some real charts look very random, and some random charts look very real, when looking at a smaller sample size. I'm also curious what people's...

Depends which version of Tradestation. If you request from the vendor an ELA for an older version of Tradestation, there are a couple ELA cracks floating around...

Long term results are probably just around the break even market with losses mostly commissions. Besides, even fading such a system would be too difficult for most people to handle. 90% losers relying on the 10% outlier wins.