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  1. J

    Using a trading system to daytrade

    I agree with dozu, your results might become more stable with a 4pm instead of 4:15 exit. They may or may not "improve" depending on how many post-market spikes went your way during your test period. The problem is how to exit at 4pm using a 135m bar. You could try using Robert Linders'...
  2. J

    Using a trading system to daytrade

    TS users may have already heard of this, but oddball is a system designed and disclosed by Mark Brown. Rules and results are documented here: http://www.oddballsystems.com/ It is very similar to what rcreal has posted. 60m bars, ROC of ADVN as the primary signal. Brown's system is always...
  3. J

    NQ simulation results

    Dave, Thanks for your reply. I have both tested and traded the system in the summer. It sucks :-) I traded it this summer through a painful drawdown and subsequent recovery. But it didn't feel very good I can tell you that. I only had 1 summer of backtest results before this year, so I...
  4. J

    NQ simulation results

    Here are the Dec contract results for the NQ system I trade. The system trades on a 1m chart, and uses a smoothed RSI (RSX from Jurik) for entry signals. Exits are a fixed 15pt target and a 30min donchian trailing stop, with a 12 pt crash stop. I have backtested this system over about 18...
  5. J

    Advance/decline in QCharts

    Disclaimer: I recently switched from quote.com to esignal. :) One thing I do miss about qcharts was their wide variety of market breadth symbols. I tried to locate the list today but was unable? Seems they changed their symbol lookup pages around. But, you could get a whole array of...
  6. J

    Letsgotrade.com

    Does jeffm work for an SL4 competitor? Who knows? LOL! I wish. Like Levi Strauss, the big money is selling bluejeans to the miners. No, I'm just an e-mini trader grinding out some profits in my trading account, and working part-time to fill in the gaps. I may not work for a competitor...
  7. J

    Day Trading Systems

    For a number of good discussion on oddball, do a search of the omega list archives at: http://purebytes.com/archives/ There are a multitude of tweaks you can apply to change oddball around. Whether or not the system is still tradeable for your personality will vary, naturally. I believe...
  8. J

    Letsgotrade.com

    SL4 may or may not be of value to any particular trader. I've made no judgement on that for myself yet. But what I've read so far on this thread smells like good'ol spam. In this corner, we have xcowboy, with his stream-of-conciousness posts and lack of message formatting. In the other...
  9. J

    Purchase of Home or Trading Biz?

    There has already been a lot of great advice here on the trading and financial aspect of your decision, so I will leave that alone. I totally agree with the poster who recommended "Rich Dad, Poor Dad" by Robert Kiyosaki. That book was a life changer for me. In your initial post, you...
  10. J

    OEX Questions

    Index options and futures are included in section 1256, and so are 60/40 long/short term capital gains. Check out some of the trader tax websites for better information. Or look over the threads in the "Business" section. There are a number of tax discussions there. -Jeff
  11. J

    Jurik Moving Average

    Check out the Jurik group at: http://groups.yahoo.com/group/JurikMA There are length discussions there for your perusal.
  12. J

    Order-Entry Keypads

    Here is another macro-keypad. Its made by Saitek, who manufactures game controllers. This device is rather gamey itself, but that also means you can find them on sale for consumer prices. It is also larger than the xkeys or genovation pads, which may be good or bad depending...
  13. J

    Fighting the unwinable fight.....?

    The support trendlines drawn by tuna start during the late 90's bull market. If we were still riding the raging bull, the markets would rally from that trendline. Or do I hear the 8 second (8 year?) bell going off? Any cowpokes still hanging on the bull's back better know where the exit is...
  14. J

    futures riding down the markets???

    Here are 2 other big advantages to trading futures instead of stocks: 1) Thanks to Dan Rostenkowski, futures (and index options like OEX) are all taxed at 60% short-term and 40% long-term, regardless of the duration of the trade. So your 1 minute trade in NQ yields a much higher profit...
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