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Just saw a Wedbush guy on CNBC, the comments would look at home in Stratton Oakmont, technically that means nothing, but fundamentally take from it what you may.

An algo is a fixed set of rules where if you have a take profit at 50pips but only hits 45pips it will not exit the trade, an experienced trader may see another timeframe anomaly and exit early. When you adjust the take profit level in the algo to account for the anomaly you are implementing...

Who told you to go big on high probability, it's really not that complicated. You trade 1lot on a win, 1lot on a win, 1lot in a win, 2lots on a win, 4lots on a win, if you take a loss you start from the beginning again, if you break even you are etrade at that level. It's called an exponential...

Realised a little while after posting this will go nowhere. You are trying to take a working algo at high timeframe and curve fit it to lower timeframes. It just doesn't work that way, algos require contextual analysis built in to them to function, this is easier at high timeframes, the context...

"You can never underestimate the stupidity of the general public." Scott Adams

Because the markets, and human nature, are perfected to break algos via contextual anomalies.

Why would they want to, the compounding is greater at second based timeframes and below, plus did not mention that as you drop under 1minute bars the patterns start to disintegrate, a 1sc pattern will look quite different from the equivalent 5mn pattern. Many of the solutions implemented by the...

What a bizarre response, they couldn't care less if they lose 100% as long as they can replace them. You seem to have the illusion that retail have the same access as everyone else, rather than the reality that each provider is structured to their core distribution. In music a musician receives...

Too funny!

Of course, 5mn is 1/12th of 60mn so you have to scale expectations appropriately. It means your 60mn is not perfect, any discrepancy is magnified 12x, then you have slippage and commissions having a more pronounced effect, so that will magnify the imperfection 15x to 20x. It's just that simple...

Trade small, build on past success, if it's uncomfortable you are on the right track, it channels your subconscious which controls experience. If it's painful you are wrong, if it is easy or you want to trade it you are wrong. That is the weaker, greedy, conscious psychology coming through...

The earth ran out of food a long time ago, organically the planet can only support 1billion people. Since then everything has been synthetically modified and automated to increase yield. How far can it go, necessity is the mother of invention, but the earth with balk at some point and given the...

It took a while to contemplate but this weekend decided to semi-retire, building a server side algo to trade 100ms and 1sc charts which allows me to drop in a out of the markets at my discretion, one high probability trade per hour a few hours per day a few days per week, means I decide when...

Who doesn't want faster compounding, from the way your post is structured looks like you ran a backtest on 7years of data, not actual trading, if only it were that simple. The direct answer, not a chance, why don't you put your strategy on one of the social networking sites and build up a...

Of course not, otherwise they wouldn't do it, everyone subconsciously understands evolution, so their process is to get ahead in their lifetime no matter the cost to anyone else. Some time back I traced the stats for TopStepTrader on ET, 90% failure rate costing a few $thousand and 6-9mths of...

The earth naturally heats up and cools down in cycles, currently we transitioning from a 400year hot cycle towards a 400year cold cycle, you always see new highs before the reversal but will probably take a few decades to play out. Then you have the stupidity of the human race pumping beyond...

No, you want the 3440 version, those are cracking monitors for trading, am writing this right now while the 1sc/1mn/5mn do they thing in other windows, knowledge is power.

Now there's the truth.

The universe doesn't owe you anything and certainly doesn't care. The only way to skew slow and steady, which the markets are structured for, is to use shorter timeframes. At 1-2% per day compounded monthly you're looking at trading second charts for high probability setups, near HFT. Obviously...

No, simply because that inefficiency is built in to their business model. It means the consultant has to offset 10s to 100s of employees lack of ouput. It is something you can do adhoc over a period of time, but not overnight, your output will always exceed your compensation, the senior...