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  1. J

    Determining source of volume from T&S

    Let's say I'm watching T&S for ES, and I see a single transaction for 100 contracts at the bid. Now, in all likelihood there was not one person selling 100 and one person buying 100. Rather there was probably one person on one side of the transaction and several people on the other. Is...
  2. J

    Calculating Sharpe ratio for intraday futures strategy?

    Sending back up to the top of the list...
  3. J

    Calculating Sharpe ratio for intraday futures strategy?

    I understand the calculation of the sharpe ratio as it relates to long-term investing of non-margin positions (its most basic implementation). I'm developing an intraday trading system for YM, ER2, and ZN, and I'm a bit lost in what values to stick in the equation. Should the percentage return...
  4. J

    90 percent of traders lose <yada yada>...

    I don't disagree with the idea that 90 percent of traders will suffer a crippling blow to their initial trading capital, but in the long run I believe the percentage of successful traders is probably in the 20-25 percent range (successful traders in this context being those who after some...
  5. J

    90 percent of traders lose <yada yada>...

    In looking around many trading sites, including many threads on ET, one can find the often-quoted statistic that 90 percent of traders lose in the markets. What is actual basis for this statistic? I recall reading about a study sponsored by the SEC which showed that a large proportion of...
  6. J

    White House: Deficit Plummeting to $333B

    None of it ever would have gotten past Congress, and none of their BS would have gotten past him. Happy stalemate.
  7. J

    White House: Deficit Plummeting to $333B

    I'm a conservative Democrat, but I think the country does best when government does as little as possible. As much as I would like to chalk up credit for the 90's economy to Bill Clinton (one of the few quality Dems), I believe it was the equilibrium of relative inaction that's achieved when...
  8. J

    White House: Deficit Plummeting to $333B

    What is he, a spectator in the budget process? Who can veto the budget passed by Congress (to be fair, he's not yet demonstrated that he's aware of his veto power), whose party controls both the Senate and the House, along with their respective budget committee chairmanships?
  9. J

    Pattern Day Traders Criteria and Restrictions on IB

    I don't know about non-US equities, but there are no such restrictions on futures and options on futures (although I'm not sure about single stock futures).
  10. J

    Rollover day for 100 oz. gold (ZG) and 10-Year T-Notes (ZN) on eCBOT?

    It would appear that the 10-Year T-Note futures don't have a specific rollover date; apparently the folks in the pits choose the day each time rollover comes around. My understanding is that the day chosen would always be prior to the First Notice Day, which is the last business day of the...
  11. J

    Rollover day for 100 oz. gold (ZG) and 10-Year T-Notes (ZN) on eCBOT?

    I really need an answer on this today, so I'm sending it back up to the top of the list...
  12. J

    Rollover day for 100 oz. gold (ZG) and 10-Year T-Notes (ZN) on eCBOT?

    I know that the last trading day for ZG and ZN are the third to last business day of the maturing delivery month, and the seventh business day preceding the last business day of the delivery month, respectively. What are the rollover dates for each contract (the day when the front month...
  13. J

    CBOT Lease Question

    proedge_joe, can you please clarify your equation? It looks like an AM can trade any or all of the three areas (indices & metals; gov't debt; physicals); is that correct? Thank you. Regards, William
  14. J

    If Chewy Loses Money in July - He Will Quit Trading

    Scalping requires a strategy as well. I would not expect you'll have a much different outcome if you're trying to trade off the cuff. There's a book called "High Probability Trading" by a guy named Marcel Link (http://www.elitetrader.com/bo/index.cfm?action=view&B_ID=92&CatID=6). I think...
  15. J

    TradestationSerious Performance Issues: Alternates?

    Is your system based on regular old C++ or Visual C++?
  16. J

    Exchange fees, Do we have to pay more then once for them????

    Someone in the know please address this question (DTN, eSignal). Does an exchange basically grant a site license to a broker, IB for example, and then IB would simply report how many users (all of them anonymous to the exchange) are accessing data on a monthly basis and pay the exchange...
  17. J

    Argh! Help w/ Multiple Monitors!

    If you're using a windows based PC, reboot the machine and then use Safe Mode when it restarts. You should get a plain desktop, and then you can reset your video settings. Regards,
  18. J

    If Chewy Loses Money in July - He Will Quit Trading

    Chewy, It looks like your average loss has been getting larger with successive trades. Are you trading more size to try to make up your losses? I know that it's very tempting to try to get it all back with one or two good trades, but it's more than likely that you'll take a whopper loss to...
  19. J

    Nikkei 225 futures on SIMEX vs. OSE

    No, I'm not that sophisticated in my trading. I'm just looking for the markets most likely to give me some movement during the odd hours and relatively short time I'll have available for trading each day. The SPI index futures on the Sydney Futures Exchange seems like the best night time...
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