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2 pts is plenty for many serious strategies that aren't momentum scalping. Depends on your timeframe, among other things..

Some traders swear by this and other similar management techniques, but the reality is you are really trading two distinct and separate methods. You need to test each method individually. The reason some traders love this technique is the psychology of minimizing risk. This is similar to...

Nothing more than stupid pop-up ad using fear tactics to get you to buy their software. They could just as easily say "click here and see monkeys fly" or whatever they want. But lots of users feel fear, uncertainty, and doubt (FUD) when they see those pop-up ads! Just do research on...

The thing with patterns is not whether they repeat or they exist or what have you... the issue is how tradeable the pattern is. At what point on the hard right edge can you identify the pattern? If you wait longer to identify the pattern, does that increase the % probability of the pattern...

Money management is the easy part. A lot of authors have made a lot of money selling books to traders telling them it's all about money management and discipline. Well, yes, of course it is. But that's not the hard part. Finding a tradeable edge that fits within your trading psychology...

I took Sands course 10 years ago and there was no NDA. The Turtle methods have been publicly disclosed many times (perhaps "illegally") in the past. But by now it's considered in the public domain. If you search hard enough you'll find it on various websites and message boards. Regarding...

Not the only way. There are lots of short-term strategies (based on length of time in trade by bars, not time frame) that yield very consistent results that are not based on trends of any kind. This won't make much difference. Many traders mistaken believe they can turn a method with no edge...

Disagree. If newbies always get killed quickly when learning to trade, you not only get rid of the newbies quickly but it will be more difficult to recruit new traders. Best to teach the newbie traders just enough so that they think they have an edge, but slowly bleed overtime. Not only...

Depends on the system... not all systems produce large drawdowns. Depends on the methodology behind the system.

Maybe you don't have an edge. Maybe you do but it's small. Maybe you're not applying it correctly. But enough maybe's... why not post your trades and discuss your methodology and how you are applying it if you want some real feedback?

Chaos theory is only minimally helpful in understanding the market because the market is only semi-chaotic. But chaos theory does help with other complex problems such as measuring the flow of water through a pipe, the rise of smoke plumes, waves crashing against the shore, or just the weather...

Ah, then we agree. :) An example of a "general" strategies I was referring to would be long-term trend following. The time horizon and liquidity of markets that most long-term trend followers participate is pretty much unaffected by front-running. But there are exceptions.

I enjoyed the book, especially the parts where these maverick scientists start making newbie trading mistakes even though they've been researching and testing for years! I also enjoyed it because it gives all of those traders out there interested in complex systems a glimpse that "it...

Read "The Predictors". The Prediction Company is still hiring, but you have to be top of your field.....

Only if you're trying to take advantage of arb-type inefficiencies lasting for a few ticks. You can throttle your analysis time frame back to 1m or 2m or what have you and still find pockets of inefficiencies that a retail trader can exploit.

People don't always sell because they feel the price is going down. It could be a hedge, an arb, an exit via profit-target, one leg of a synthetic, etc.... Also, I don't know why you "need" a supercomputer. You mentioned "a few billion ticks" worth of data. Have you even defined the...

Helene, at 6-1 odds, betting currently stopped because a TON of new accounts were created in Helene's home town and everyone bet the max. Apparently the Bachelor and Helene were seen walking around his home town. I love this new world where you can bet on anything and everything- not just...

Disagree. There are both general and specific strategies that do not perform as well when too many people begin to trade the same issues. Look at the open order strategy as a well known example. I know some traders trading OO and are guarded about the specific stocks they trade. I was...

Open multiple accounts at some broker (use other family member/spouse names). Repeat at other brokers. But of course by the time you've opened 5 or so accounts you're probably at $25k anyways....

There are a couple different issues here. First, whether a firm/broker/individual with access would try to reverse engineer your strategies. This probably depends on individual scenario more than anything else. The second issue is whether general or specific knowledge of said strategies...