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Do anybody think it would be good to have a "beginners forum" part of elitetrader, where newbies, like me, could post all the silly questions that otherwise sometimes might clog up the other forums?

Nice! I'm happy for them!

Lots of good information here!

So probably one could just post his entire strategy/system and ask people to kindly have a look at it in order to help him improve it. Maybe one would even be better off doing that. However, something hinders the trader to do this. Many valid reasons have been posted.

Sorry Steve for the misunderstanding. As for living in a bubble, that's pretty accurate in terms of the trading world. If I had something I was curious about in "the real world" I would ask some people to help me, say if I had built a foundation to a house but didn't know how to raise the...

Yes, I understand that those are good enough reasons. However I presume that liquid markets, say nasdaq 100 or DJ30 have so much liquidity that if I tell people of my strategy where I buy when price closes above a 30 day MA it wouldn't matter that much. I have also heard that TA is...

Thanks JJ. I would presume that most traders use "commonly known information", if they don't develop their own indicators. But how you combine indicators, interpret them and use them in action will naturally differ.

Again, I was not looking for any strategy here. I'm sorry and apologize if you or anybody else find me irritating. If you could please be so kind to point out what I do that is irritating, so I can improve my behavior. I might sometimes may express myself in a little strange way, but that is...

Like I said, it is not a thread to hear your strategies but to understand why you should give it out. Like I also said, I'm hesitant because I've always heared you should never give your strategy to others. I have never gotten an explanation why. There, it's rolling again...

Please...!! No just kidding! I have never really understood why you shouldn't reveal your strategy, because then other traders could exploit it, or trade it themselves, and you would thereby lose your "edge"? How? I understand that if you found a real "holy grail" that would always...

That sounds pessimistic... :)

Does it echo in here? :D

Thanks Don.

Yes, money management is very important indeed. The tricky part is to know when the drawdowns are normal and when the system has stopped working. Maybe stop trading for a while when hitting a series of losses or something like that would take care of it?

I'm not trading live just yet, I'm learning, reading, developing my system etc. My system shows somewhat nice profits, and also naturally some periods of drawdown. I've been thinking that when I "go live" that if my system will produce drawdown that I wont be able to stick to it. This...

But with good money management a bad system could be trader for a longer time! And the trader would beleive the system is better than it is... :D

Doesn't sound good... :(

Is this correct, would the trader owe the company more money than he put up in the beginning?

Thanks Eric. I'm backtesting with EOD-data (OHLC). So for nasdaq100, there would only be average slippage of 1 to 3 penny per share, ok. Is a correlation between volume and slippage significant or does it depend on other factors too, like volatility? Is there a way to predict how much...

Could a hedge fund use IB? Why would an advisory account be needed?