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Great, good to know. Thanks for the reply. Max

I am looking at Interactive Brokers commission and fee schedule. It looks like I could diversify in a really small account. I would have to have small positions in a few issues. The question is, how are these odd lot orders going to get treated? Will I get reasonable fills on a few shares of a...

Deming took a lot of ordinary ideas and put them together to do an extraordianary thing. My hat is off to him. The place I now work for sells really bad stuff but has ex politicians on the board of directors to help them with the regulators. I don't like it, but it makes me work harder to get...

Triangles with those doji patterns as the last bar are even more compelling. Max

A quote from Deming: "Will best efforts bring improvement? No, Deming argues that best efforts not guided by knowledge will dig us deeper into the pit we are in. What is needed is new knowledge. There is no substitute for knowledge. " This is just about the third law of thermodynamics...

Deming had figured out something and at the time, Americans would not listen to him. Why should they, they had the only functioning economy on the planet, no reason to change anything, just export cheap junk. By the 70's Americans were making the worst cars on the planet and the Japanese were...

Qcharts Max

That's a gem, thanks. Max

Harry, you bring up the best questions. I recall the one with the hat and the three cards. All these idiots were posting their formulas to explain the obvious and they were getting it wrong as well!! I never had such a laugh. You have helped me to understand that the competition in trading are...

I tested so many systems a few years ago I stopped counting them. I tried to include ADX in every one of them and I threw it out every time. It's going to depend on your trading style probably because a lot of people swear by it. Max

I heard that using log price scale is the transform that takes care of the problem of the fat tails. I passed statistics the second time I took it, the first time all I learned was a tremendous sympathy for the learning disabled. There is a forum on Yahoo called Trading_Systems where people...

It's like everyting else, "mistakes" hardly are ever in your favor. Max

I saw a posting on another list wherin the trader had a machine dedicated to autotrading with only his broker and data provider having access to get through the firewall and he said he averaged two trojan horses per day. Max

Jeez yes, the markets change continually, what is somebody searching for, "the music of the spheres" or the "unified field theory of the stock market"? I did test a system on the 1932 Dow Jones Industrial data once and it worked. I thought that was interesting. It did make me feel like I had...

Data has always been a problem. Daily data from at least one vendor I know of can vary from intraday data regarding the hi/lo because the intraday data is scrubbed and the daily is not. No matter what your feed, bad ticks come through and affect your strategy and they are there until the...

Essentially, what margin does is amplifies your gain or loss by the same amount. If you use 100% margin your gain or loss will be doubled. The real scary problem is in the fact that it then also allows you to incur a maximum loss that is more than your original capital. You could lose your...

Regarding the 3D graph, your system will show a peak and possibly you chose the parameters that produce a peak like it going forward. It is generally considered much more likely to succeed if you pick parameters that keep you away from the peak and produce a nice smoothly increasing profit...

"I had enough money to live on for the rest of my life and that was one less thing to think about" I have thought about this very issue a lot and concluded that were I rich I would take better vacations, that would be the main thing. Better cars? I'm real happy with my $2500 car, it does .9g...

When I started researching stock trading I was getting only negative comments from people; "only the big guys....", "nobody can do it", "wrong time", "you aren't smart enough", people were laughing at me for doing so much research, and then there are the academics with their "proofs" that market...

That looks like a hell of an injustice. Besides, she's cute, let's get her out of there. Max