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When it is on the tick level it is on the smallest level possible. So did you backtest your strategy with historical data on level 2 and orderbook data too ? Did you calculate how much P&L per day or month can be made based on actual or average volume data for your stocks ? And last, when you go...

There is a way with those Forex prop firms like FTMO and MyForexFunds to give an example. They provide value for your money as you get additional room or Drawdown to trade with. Thus you do not need any positive expectancy just a good or few runups to make or extract some money out of those...

If you want to get complete information on news you go with Reuters version for Metastock Xenith for $99 monthly. Then you have all the news. If you need fast API that is a different story.

You cannot avoid these spikes, as there are in the market (not broker only ones), so the only way is to reduce your size, lower your leverage and allow more room for market breathe. The only other way would be to perfection your market timing and go in into smaller time frames, the very hard way...

Not on Forex prop firms which also allow trading cfds with good spreads on indices, commodities etc., therei is no trailing DD here only fixed, which is way better/easier.

Surge in UK gilt yields exposes pension fund weaknesses by Colin Robertson 4 October 2022 Low, not rising, yields were thought to be the danger A decades long downward move in UK gilt yields has led to a fall in the interest rate used to discount future cashflows and increased the value of UK...

If that is the end...but if not, everyone knows all is built with substantial leverage on that. Any infos about derivatives trading on these ? Priced what in...?

...the trailing drawdown is usually the killer. It is really bad, only fixed DD challenges on prop firms should be considered. Overall score what you get as value for money is also not good, compared to MyForexFunds for example.

I see only one reason for such a group. One or a few will backtest his discretionary talk, maybe with some additional idea included, he was not aware of. Then he might get a look and copy the code and decide whether he will trade this or still must think how to optimize his discretionary trading...

...and by the way who is religiously repeating his 200 hours talk to the flow of new traders which then replace the failed traders all the time of those 16 'traders/gamblers' ? Just write it down in a pdf in an orderly manner, that would be far better than just talk. Then make this pdf free for...

If I could bet I already know it is a loosing team of those 16 traders. ...and works on any market is usually a term it is nowhere really good or worse, not profitable with any significant edge (so not working except with some discretionary luck). It seems the author is not awaken at all when he...

This kind of strategy should diminish itself as the majority will loose with those jump ins into hot stocks. When the losses are severe for everyone no one will follow those boards anymore, except some new fresh money comes in to be burned then soon too.

Did you ever backtest your strategy ? or are you not aware of all your rules which then can be coded easily ? Any statistics you provide with your strategy ?

What is your timeframe when you trade intraday only ? 1 min or 5min or second charts ? What is you average trade net profit in percentage per stock ? Just I can get a better imagine for the overall profitability. Do you want to say something about your lookback period, how long it is ? Did you...

You can trade outside days on daily data with S&P500 index as breakout system. It is profitable trading strategy but not something very good.

No, I would say with zero edge.

El-Erian is without doubt a very good guy. He had trillion under management being chief analyst with Allianz managing their bonds.