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There's two part to creating an ATS and trading with it. I believe that they SHOULD be separate (in the sense they should be developed separately) 1. The API interface. This is what essentially converts your strategy's enter signal into an actual order that is passed to your broker and...

Well if you have over the FDIC limit, you should at least reduce your bank account to below the FDIC limit. If you do that, you'll be safe no matter what (unless the FDIC fails, then we are all fucked beyond belief). However, if you have over the FDIC limit, if indeed the govrmnt takes it...

I don't know what the policy of this forum is in regards to this kind of software, so I will simply say GOOGLE and you shall find! : )

Two ways I recommend. If you don't have the skills, just buy a Dell Open-Source PC (come with no OS preinstalled) that way you dont' have to pay for Vista or the other bs XP downgrade thing they sell. The cheapest one (vostro 200e) or something like that can be had for $269 w/o monitor...

Hello to all traders. I was wondering if anyone has every used or uses the following indicator. it has multiple variations (AD line, money flow etc), I am more looking at this specific one AD volume = volume of shares traded as upticks - volume of shares traded as downticks. Looking...

I guess you clear with RCG b/c they are member of NYMEX. What's the reason why don't you execute with them too? What is your total RT comission for CL, GC, NG ?

I am currently with IB. Pretty happy right now but I intend to increase the number of contracts I trade and slippage will be of concern (comissions really are not b/c they are such a small part relative to slippage). What is the absolute best broker for executing trades on NYMEX? would it be...

What do you mean by over optimize? I mean, what kind of changes lead to overoptimization? For example, I tried one strategy and then adjusted the stops and entry criteria values (the actual #'s) slightly to produce like 5 different equity curves that were very close in pattern and value...

So if you have a trend-following strategy, and it's generating more winners that losers (say 2 to 1)....what does that mean??? Can it really be just all luck, even through 50+ trades?

Thanks for the insight and the links!! So if kelly size is say .58 Does that mean you should put 58% of your available $ in one trade? Also, say I calculated the expectancy of both strategies, they both come out to about 1.4 However, one strategy traded twice as much during a given...

That makese sense (about expectancy). How many consecutive trades do you consider an absolute minimum in order to calculate a meaningful expectancy?

thanks for the insight. Just to clarify both of those strategies are trend following. So does that mean that as I continue to backtest (actually live simtrade), the second strategy will likely start to get a bunch of losers so the ratio will eventually got to below 50%?

A trader that i respect a lot once said that a long-term sucesfull trading strategy will have more losing trades than winning trades, because that's the nature of the game. The key for him was to craft the strategy and its money management in such a way that when you have a winning trade, you...

Haha yes it will probably confuse him further. But honestly, like the guy above said if he's REALLY confused, then he should not trade unless it's with a practice account!! My point was though that although it moves 2x as much, it has 2x the margin. So the point is if say you have 100k...

I understand your confusion actually. The QM miny is only useful for people who need the low margin requirment. If you have enough capital to trade the CL, you should trade it because you will make the same $ as they move (b/c the tick $ per contract relative to margin with both is the same) and...

Sure you can. You can do ask, bid, double ask, double bid, last and mid. I think mid might be appropriate here.

Thanks, that definetely makes sense. Now if I wanted a market neutral straddle (where the P/L would be the same if the undelrying moved -5 or +5, for example), should I try to put on a DELTA NEUTRAL straddle or should I just go with at ATM straddle? Because in the ivolatility.com P/L...

Nevermind, I understand what you meant by skew now. That is what I was referring to when I said "market forced" where the call was being bid up higher b/c people were expecting a pop. Is that the correct interpretation?

hopback, Sorry I am not sure I understand. What do you mean by "skew" in this case and "carry"? thanks!

Hey guys, thanks for the responses! The stock had no dividend payouts and the data is real time from ivolatility.com. the rally was FAST (i.e it happened as a gap up from close to next day open on earnings announcement). There was an IV crush after the earnings, obviously, but the IV...