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Tradestation (and it's kin) is a tool that is a standard weapon in this war. It is unlikely on it's own to give you an edge is all I am saying. There are plenty of things it won't allow you to do, but to be fair you can bolt on programs / make programs yourself to do most of them. On it's own...

"Funster : your advice is: don't use TS, don't create trading systems - it won't give you an edge, and even if system looks good on historical data - it won't work in the future, because people will discover it. You can't win with financial institutions who use supercomputers. " Perhaps if...

tom_p "You didn't offend me and there's no need for apologies. I've always believed in my ability to find an edge and I can't understand why a bright chap like yourself has effectively thrown in the towel. Funster, pull yourself together, lad Why the cynicism? Why are you so certain that...

tom_p "and when you uncategorically call it BS, I know you're full of it." Sorry if I offended you Tom, but a few years in this biz has really attuned my BS detectors! dottom If you want to see 1/4ly figures for program trading (which includes index arb) have a look at the nyse...

"In fact, after this even the casinos made several changes to the game, including shifting dealers frequently, stopping the wheel after so many spins and spinning the ball the other direction, using multiple balls with different size and mass, recalibrating wheels periodically, and switching...

tom_p "(4) Let's talk about roulette, which you use as an example of a negative expectation game. Have you read "The Eudaemonic Pie" by Thomas A. Bass, about a bunch of computer wizards who tried to win at roulette? They went to Las Vegas and played roulette, in disguise, with computers in...

Well mate I would start looking at those funds... program trading and index arbitrage now accounts for 30% of all volume at the nyse. IMHO it is pretty much responsible for TA no longer working on the qqq, es etc. Mean reverting is the big boys' game - forget trend following - this is just...

Sounds like you guys are trying to get a little insider info for the next dynamite short opportunity! Tch, tch, naughty boys!

"Funster, would you go into more detail what and why "tick volume" is a more important indicator.....maybe an example??....trying to learn TIA" It is not a MORE important indicator - it is just a good approximator of volume, where that is unavailable. For example you might suspect that...

Also with futures you normally can plot instead of volume the "tick volume". This in my experience is a pretty good approximation of volume ideal for analysis e.g is this potential head & shoulders pattern displaying the right volume pattern?

I got a (most pleasant but rare!) phone call from Tradestation today. Apparently concerned about posts to this board where I was having problems with Pro. Forget how public this board is sometimes!!! :eek: Anyway they have a new version coming out in the next few days. When it comes out...

Not much at the moment. In fact I have fallen asleep watching the (s&p) eminis several times in the last few days - even on a 1 minute chart!

I am in the same boat as you. Answer is simple: Trade futures (eminis) with IB (same globex nil fee as non LLC), and open something like a Datek account where you can position trade/invest in stocks. If you think about it all these restrictions ($25k daytrading rules etc) just mean...

Just use their feed then! I have tradestation pro but am not stupid enough to sign up for their brokerage account. IB like everyone else!!!

Good luck with it. I think your problem will be with the tax authorities though. I tried that (here in UK - similar laws to US) to see if I could take a load of money I had on deposit in an LLC and put it into a personal account to earn better interest (banks really screw small business on...

"I have had the ocasional quote freeze but I would say that about 95% of the time quotes run smoothly. They did have some terrible problems early last week after they introduced a new upgrade, but things seem to have smoothed out now. " Does that mean that we as users are supposed to download...

I enclose the reply I got to problem 1. Let me know if you also experience problems after. Strength in numbers is always better when confronting Tradestation. PS: I did not try turning my anti virus off. "The TradeStation Servers are performing under normal conditions and the data...

Do any other users have the same 3 recurring problems I have had with tradestation pro (running it on windows 2000): 1. Throughout the day, you sometimes get prices freezing as if the whole feed has gone down and the green circle turns red. A few minutes later all the charts reload and it is...

What are the commissions for futures at MyTrack? Their equities commissions start at $12.95? That sounds too steep for trading ES/NQ! Have a look at their website. My friend has not got an actual account with them I don't think.

I was going to transfer my stock account with Datek to IB. But because it is in an LLC I would have had to pay something like $200/mo in exchange fees. Sorry, I know there is a whole thread on this, but can anyone recommend another fully online broker that offers all the feature that IB does?