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    Former Turtle Trader and ET Member in Jail?

    For those who don't want to watch the entire video, here is a summary: 1. Curtis Faith has an identical twin brother, cloned by the Nazis in Argentina. 2. NSA, CIA, and the Georgia cops are all after Curtis. 3. Much of Curtis' time is spent promoting Taylor Swift as a U.S. presidential...
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    Former Turtle Trader and ET Member in Jail?

    It appears that most traders (including myself) care more about Fiama Colinet than they care about Curtis Faith, so I suggest we re-purpose this thread to focus exclusively on Fiama. My bid: $9K.
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    What approach should one take when starting day trading?

    Here are some of the well-reviewed and frequently mentioned books (in no particular order): "Reminiscences of a Stock Operator", Edwin Lefèvre "Market Wizards", Jack Schwager "Trade Your Way to Financial Freedom", Van Tharp "A Random Walk Down Wall Street", Burton Malkiel "Liar’s Poker"...
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    Trader PnL 2017

    No setups, no trades for me today.
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    Question. Why is my fill Prices above or below market?

    Yep. OP: you should be trading CLG7, not CLH7. With just 1 CL contact traded, your slippage should be 0, even with market orders.
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    A noob's learning curve

    A trading strategy is a set of rules that you (or your automated system) follow to decide when to enter the trade, when to exit the trade, which instrument(s) to trade, and what size to trade. For example, here is a (simplified to the bones) trading strategy: -- Buy 1 ES contract when the...
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    Trader PnL 2017

    In the way you are describing, this would indeed be "averaging up" and/or "scaling in". But it doesn't look like it in my case. Here are the actual trades for today (7 buys, 7 sells): None of the strategies use either targets or stops. Both entries and exits are triggered by setups, which...
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    Trader PnL 2017

    The win rate is about 75%. There is no scaling in or scaling out. There is no averaging up or averaging down. Each strategy trades 1 contract, independently of other strategies. The 20 day run would likely produce a 3% return on the account. The current sequence of two active trading days is...
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    Trader PnL 2017

    My leverage is carefully measured, historically tested, and formulaically optimized against the size of my trading account. Today, I ran 10 automated strategies, and 7 of them made 1 trade each. The performance of the strategies is highly correlated (which is not a good thing). This means that...
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    Trader PnL 2017

    Another good day for me: 7 trades, all 7 profitable.
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    Slippage with different brokers

    IB recently introduced a new type of order, called "Adaptive Order": https://www.interactivebrokers.com/en/index.php?f=19091 Presumably, this is to accommodate clients like yourself, who move large sizes, and want to minimize slippage. Have you looked into it yet?
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    Trader PnL 2017

    Good day for me. 5 trades, all 5 profitable.
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    reading the MACD line

    Well, that depends on which time frame you want to observe, doesn't it? That's exactly why you have the signal line, and the histogram. Read again the wikipedia article, and try to uderstand the terms "velocity" and "acceleration".
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    reading the MACD line

    You have 6 different indicators plotted on your chart. It is no wonder that you can't figure out which one is MACD.
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    reading the MACD line

    MACD is presented as 3 lines: 1. MACD itself 2. The exponential moving average of the MACD 3. The difference between MACD and its exponential moving average There are multiple ways of interpreting these 3 lines. You may want to read this article: https://en.wikipedia.org/wiki/MACD A useful...
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    IB Gateway + SPY++

    I've been a software engineer for the last 20 years, so I know the difference. I'll try one more time: automation of the TWS/IBGateway login has already been implemented in IB Controller. If you want your own implementation, nothing stops you from coding it yourself.
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    Cost of carrying futures

    Really? You are using tiered commission structure while trading 1 contract at a time? How much do you pay for the ES round turn?
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    Vanguard attracts record $305B in 2016

    Nothing is wrong with it. However, what I am thinking at the moment is the following. We are being told that the U.S. economy is sluggish, the incomes are stagnating, everyone is either on food stamps, disability, or in retirement, and the households are in debt. So, I wonder, where did the...
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    IB Gateway + SPY++

    We are going in circles now. IB Controller is open source. If you want your own C# version of IB Controller, feel free to code it yourself.
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    IB Gateway + SPY++

    IB Controller runs as a binary. How does it matter if it's written in Java or C#?
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