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How is once per day over 300 days different from 10 times per day over 30? What could make the first frequency profitable but not the second? For arguments sake, let's assume there are 20 possible outcomes in choosing a random time and direction on a given day. Since any one of those twenty...

If someone can take purely random entries and exit out of them with net positive long term results, then there should not be any limit to the number of times he can do this, otherwise he can not do it at all. This is simple logic. There is no required setup that he needs to wait for.

I suggest a bigger desk. ;)

Perhaps he did not say he could make money with random entries, but he was challenging anyone who cared to accept it that he could easily beat their performance using pure random entries. Since I could imagine only a consistently profitable trader would accept a challenge like this, I am sure...

What is someone really claiming when he or she says that they can make purely random entries into markets and have a positive expectancy on those trades, based on the timing used to exit those trades? It would stand to reason that this person is saying that he has found a holy grail, so to...

Since you calculate the range in which you want buy, why can't you just enter a limit order(s) prior to the open?

This is the same as placing a buy stop order 50 pip above mkt and sell stop order 50 pip below it. When you are filled on either one you place your target limit order. Now if mkt goes straight in one direction you have only 2 commissions/slippages instead of 4.

Tradestation was apparently not designed with serious active traders in mind. It's shortcomings to active intraday traders are just too numerous for it to even be considered as a viable platform for anything. Omega FALSELY advertises that it has the ability to backtest trading strategies and...

spencer gifts?? What a blast from the past in the staten island mall.

It doesn't much matter who they are or what their style as. I am just looking for professional like-minded people to a share a space with. Each trader or pair of traders will have a small private office within which to trade in private.

I would think that anyone who is not earning decent money would want to incur the added expense of the space or be able to negotiate a better deal from their firm to offset it. It sounds like a good idea anyway, and I have no problem with it myself. Although I am new to this site, I have been...

I am looking to share a suite of small private offices, with a few very successful ($350k+) traders, to trade in "remotely" from their prop firm. My thinking goes like this: I like to have a place to go to (an office) that feels like work. I feel that this instills discipline and...

I noticed this happening to me when I sometimes position trade through Fidelity. I once placed and canceled a bid five times in a row (listed stock), and each time the shadow bid one cent better - appearing and disappearing in tandem with me. Annoying? yes; Illegal? no. Just a fact of life in...

Bloomberg is the high-end brand of financial news and information services. Don't expect to see it on sale, but it is well worth the cost.

The lack of tradestation's ability to run strategies across a universe or group of stocks is another huge handicap to anyone attempting to use the software in a meaningful way. The likely reason for this is that the software was probably originally designed for futures traders, who have only a...

Tradestation was apparently not designed with serious active traders in mind. It's shortcomings to active intraday traders are just too numerous for it to even be considered as a viable platform for anything. Omega FALSELY advertises that it has the ability to backtest trading strategies and...