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It's about time someone mentioned this scene. As far as trading goes, I thought this scene was better than any other "trading" movie. Boiler Room, Wall Street are not really about trading. 25th Hour shows this scene where Barry Pepper's character is sort of a hot shot gambler at a prop desk...

Hey Lescor, I know this quote is old but I didn't see any further references to this. How can you measure expectancy of a strategy without risk to reward ratios? It seems to me that this is how expectancy is measured. Can anyone shed light on this? Thanks in advance.

I have no programming experience but I'm familiar with backtesting and automating trading strategies (I can code in EasyLanguage, which is just for TradeStation). I'm just wondering if anyone knows of any trading jobs out there one could find with a proprietary trading firm or a hedge fund...

if you have an account at tradestation, you can sign up as a strategy developer: https://developer.tradestation.com/StrategyNetwork/default.aspx Personally it looks like your strategy would test well but not perform well in real life because backtesting always gives you perfect fills and...

Another obvious indication that you haven't read the whole thread. Loser.

I agree. This thread is done. Thank you kindly to the people who told me it's a bad idea in a CONSTRUCTIVE way. Some of you are really a bunch of losers.

Your posts are just insulting, it's not productive advice. Just leave us all alone please and keep your anger to yourself, thanks.

I don't read technical analysis books anymore, I agree it's mumbo jumbo. I traded for a long time prior to working at the brokerage firm and yes my experience there has nothing to do with trading. Please read the whole thread before calling me naive, it's really annoying. You told me nothing...

I did save thousands, you clearly didn't take the time to read the thread. How about working on your spelling and punctuation and refraining from swearing? You're clearly an angry person.

Well, the "what if" I'd be considering here is how much money am I throwing away by quitting my job and then making no money trading. Owing my parents money would not become a factor because I'm not willing to risk all of my savings. Then again, maybe I will have blown through the rest of my...

Bear in mind that I am already quite familiar with the psychological tolls that drawdowns and losing periods can have on my psyche. I lost 30k of my prop firm's money before I got fired and the swings I used to deal with in poker were much greater than the money I'll be risking in trading to...

Your math is correct, if I'm able to keep my expenses low I should have significantly more money saved up by next year. I'm able to trade my systems at work in simulation, and this helps tremendously. You'd be surprised how even fake money has an impact on your psyche. As far as the...

Shoot that was easy, nice ego you got there. I'm sure it makes you a great trader.

WOW, that's great! Looks like I have another song to download off iTunes.

Thanks again for the feedback. They are semi-automated because the programming lacks the necessary filters to weed out bad trades. I can spot these visually but they are hard to code. The automation software that I use happens to be the same company that I work for, so trading this during the...

LOL, it's posts like this that made me reluctant to post on ET. Overall though, I'm glad there are some people on here that seem to know what they are talking about.

As far as poker goes, I played limit hold 'em for years and I was a complete robot, I played 8 boards at a time very mechanically and did really well just playing a tight game and pounding the loose aggressive players. As far as I can tell, the game has changed a lot and I'm not able to get...

Thank you kindly sir. It's really nice to have this kind of input. I'm glad there is so much activity in this thread considering I'm not a frequent ET poster.

"NUT", that's great, I'm gonna start using that.

Thanks, I do plan on doing this. I definitely need at least two weeks of real profitability with this, otherwise I'll never have enough confidence to quit. Creating strategies that have a backtested edge in every stock just doesn't mean much until you put some real money behind it to make sure...