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    How can someone blow up in day trading?

    Not really my friend. Take the ES for example. Unless you are unloading more than 1500-2000 contracts you probably wont even move it. If you are talking thinly traded securities that might be another thing.
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    Republican Senator Foils Unemployment Benefits

    He is a Grade A D-Bag IMO. Did you see him try to call out Ben B. yesterday? What a joke
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    Expert Advisor Results

    Your drawdowns are much too large. Your timeframe is too small as well. What timeframe/candles are you trading? A professional wouldn't take the time to see this through just because of the fact of the short time window of trading. Couple that with your outrageous drawdowns and I can...
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    Average daily profit with $50K account?

    First I think that is a pretty terrible assumption in money management. Secondly, you could move it to a money market account, but you already knew that. Thirdly (is that a word, haha) - you do have different performance my friend if you determine performance on a percentage basis. I do...
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    Average daily profit with $50K account?

    I edited my previous post
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    Average daily profit with $50K account?

    That is what he is saying I think mang' Or Im not sure what you are saying actually haha, but they are NOT experiencing the same performance BECAUSE OF ACCOUNT SIZE. Their PROFIT IS THE SAME but THEIR ACTUAL PERFORMANCE IS MUCH DIFFERENT
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    Average daily profit with $50K account?

    You aren't that great at the game of risk management. Not to be mean or anything, but you need to realize what you are saying and do the math. Lets just say $500 a day for easy math That is 1% EVERY DAY. What are you risking to gain your 1%? Best hedge funds average around 8%, I've...
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    Where does the automated retail trader start to find edge?

    Still man I don't know, a lot of assumptions. You know what that means. Most technical indicators are garbage IMO, but you need to find out what works best with your methods. Trial and error and a large enough sample size will be what takes your programs to the level they need to be on...
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    Where does the automated retail trader start to find edge?

    You could do this. I use Sierra, it would be complicated but it is possible. There are most likely much easier ways of doing this though and it would most likely take a team of people. If you have not designed a system before it really is quite an undertaking and I recommend if you...
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    Average daily profit with $50K account?

    You wouldn't be too smart executing this strategy being that you are throwing 5% or something of your account per tick. Unless you are "just foolin" you will probably just feed the coffers of your friend JP Morgan with most of your net worth.
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    Where does the automated retail trader start to find edge?

    Well it is hard to demonstrate the speed difference from 04-10, I believe liquidity providers make the market more efficient for us if your timeframe isn't less than 1 minute. Without the added liquidity we are talking increased spreads. It would be hard to deduce IMO the real difference...
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    Where does the automated retail trader start to find edge?

    There is a thread on here refuting your first comment, located somewhere on this site. I would be weary, but speed shouldn't matter to you in this manner because IMO you will just end up getting ripped off/not understanding your true competition in the end. Hopefully you prove me wrong...
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    Where does the automated retail trader start to find edge?

    If you had a truly viable strategy, no matter how honest the other party was, would you throw it on their servers? No offense to sponsor, or whomever you are speaking about (didn't think you could do that with them), but I wouldn't trust my dog with a viable strategy - if I had a dog even. :)
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    Where does the automated retail trader start to find edge?

    I have never used your software, and it could be top notch, most likely is - But you cannot account for the latency in the network of the retail user. This is where we lose. Interesting if you could post some results that could back this up unless you are still in testing phase. Thanks
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    Where does the automated retail trader start to find edge?

    That is according to your risk tolerance. No one can tell you that.
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    Where does the automated retail trader start to find edge?

    MOST are Liquidity Providers. Don't think you can play their 20ms game. That is a fallacy. You basically "get in where you fit in" my friend. No one is going to give you their style if it is truly profitable. My advice to you would be to focus on MEAN REVERSION. GL
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    Damnit ! Not making that mistake again

    +1 I have watched the last 4 years in the ES in 1 hour candles I really can't even say how long, but there is an infinite amount of tricks. There might be less than a handful you will be able to take advantage of if you are lucky while your eyes are bleeding staring at the screen. Find...
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    Where does the automated retail trader start to find edge?

    You might have to rephrase your question. There is a very big difference between Institutional HFT and you (and me). We do not HFT, and in reality most HFT are LIQUIDITY PROVIDERS. You do not have the capital or speed to perform these functions. You can automate strategies, but you...
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    Real time up to the second news?

    Guessing Dow Jones newsfeed? There are programs currently already in use that read news feeds then trade on them, so you will always be behind the curve because you cannot react as fast as they can. Best bet would never to be trading news IMO, but you can go from here.
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    How long should you paper trade before trading with real money?

    Depends what your time frame is No matter what *IMO* & experience, though limited, no professional will take your work seriously unless you have tested your theories over a very long period of time and market conditions. I was basically laughed at for 4 years of backtesting on ES with 1 hour...
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