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A collerational study between the weather in Chicago and New York compared to what the stock market averages did those days. I think there might be a weak correlation between the two. aphie

Mercedes, What is the exact model of the car you drive? I've always been a big Mercedes fan and saw a lot of them when I was over in Amsterdam -- I think even the taxis use Mercedes in Europe. I also love the Lexus 430 GT myself ... aphie

Magna, I'm sure the real world scenerio will be slightly different, but I have been trading with a simulated account for a little while and the brokerage firm assured me that it was an accurate representation of real-world trading. So, if my performance is any worse or better, it is due to...

Newbies provide the freshest perspectives from my observations. Thanks for your reply. I agree with you that it is all about risk management. aphie

A lot of people don't understand the concept of returns. First of all, it is a lot easier for a savvy trader to turn a 1000% gain in a year than it is for a multi-billion dollar mutual fund to get a high return. Why? Simple -- the size of the beast makes it very hard to be nimble. We can...

That is a good point -- but I often hear the expression, "Cut your losses short and let your profits run." However, the system I use to trade ES cuts my profits at +2 points and allows a 5 point stop loss with a success ration of 4 to 1 (4 wins per 1 loss). Then again, I can't do position...

Everyone knows that getting in the market is a lot easier than deciding when to get out -- so I wanted to start a thread with some ideas and throw them out and see what other people think. In my opinion, a good exit should be a good entry for a position of the opposite nature. If you enter...

As soon as advanced mathematics gets involved, I know the system is going to suck. aphie

The best scene in the movie is when Kevin is lifting weights and his wife comes in and catches him smoking pot. "Do you think you're setting a good example for our daughter?" What I liked most about that movie was how it appealed to the more gentle aspect of living -- the things we all...

I think if you consistently made 1,000% a day, you would saturate the market in a week's time. My goal is to average 35% per month in ES. My best average return in the past was a few hundred percent annualized and my worst was around -20%. Since that time, I've become more wreckless and...

Hey, I'm going to do it. You'll never know until you try. It won't be easy -- but it doesn't have to be extraordinarily hard, either. My goal is 100k within one year of active full-time trading. If I can do that, then the 1m won't be too far away. If I can't do it, then I'll just ...

Platypus, Yeah, or go to the ocean and observe tides and wave formations. You'll get a good appreciation for trying to catch the wave -- especially if you've ever gone surfing. If you act to soon, you will get knocked cold by the wave and left dazed and confused. If you act to late, the...

Platypus, I will look for the program -- it is a year or two old, though. The importing of data has to be in ascii format. If there is enough interest and time on my part, I could spruce it up some and allow people to feed it any type of data and set their own parameters on how notes...

metooxx, Which island is paradise found on? My paradise is found in Amsterdam, but that's a rather large island. aphie

Pabst, Wasn't the pilot high on cocaine at the time -- or rather, they found traces of cocaine in his system? Otherwise, if some of you seriously have considered moving out of the US to save on taxes, you must really be making a killing through trading. I'd have to pay over 100k in taxes...

Huios, It may turn out to be a journal even costlier than yours. ;-) aphie

It has been said before but I will say it again -- throw out all your indicators and start from scratch if you use many of them to trade. The best traders use only one or two indicators at most, and they are generally the most simplistic ones (MA, Stochastics, etc.) If you are monkeying...

I'm not a big fan of computerized back-testing. I do it myself because: a) It forces me to look at a lot of charts and, the more I view them, the more I will recognize familiar patterns. b) No mechanical system works as well as a intuitive based system. c) Back-testing encourages...

I just did it as a fun little project to experiment with viewing data in different methods -- but I was just very impressed with how natural systems have a "musical" quality to them compared to so-called "random" system. Even the prime number distribution had a nice style to it. If...

I totally agree -- even if some of us are trading 250 contracts a pop, we simply don't have the power to move the market to any significant degree. Just look at the volume on the e-minis on a typical high-volume day (200+ contracts spitting around like it was nobody's business). Also, the...