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    Long Term Systems and Order Placment

    Enter the same day as the signal will be trigged, otherwise one may suffer slippage as the market gap away from your teoretical entry price. I trade a EOD system myself and I know during the 5 last minutes of the regular market session if there will be a signal or not. Then I manually transmit...
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    IB has most number of profitable traders (2014)

    Well, I base it on the published brokerage statistics I have seen. On average as a group traders seam to be centred in the middle, maybe in the range of +10% to -10% if I guess. Traders with <2 years experience heavily on the negative side with outsized losses and traders with >15 years...
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    Snapchat Offers Stanford Grads $500k Starting Salary

    Heh, remember the year then GS paid their junior analysts $1m in total comp. Was it 2007?
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    IB has most number of profitable traders (2014)

    I believe trader performance overall follows a standard bell curve distribution. If we view the whole amount of traders as group, most are breaking even in the middle of curve, on one side on the tail we have a small tranche of traders losing large amount of their account equity, on the other...
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    Any smart way to detect trend is going to happen soon?

    Price analysis of swing pivots would tell. Of course not 100% accurately. The algo is: The last down trend swing high pivot is taken out and price make a new higher low pivot and then takes out the previous high pivot.
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    72,000,000 people have no savings!

    I was not saying that. Just that if you waste money on unnecessary things you don't really need, you never get anywhere in life. You will stay in poverty forever. The point I was trying to make is that anyone can save and invest. Even if you are working a minimum wage job or are on social...
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    72,000,000 people have no savings!

    Not only US, all over the world. Seen that behaviour with my own eyes in Europe, East Asia, etc. Call em consumers slaves. They are the bitches of the stock owners. The stock owners get richer every year while the consumers get poorer. It's a personal choice what side do you want be in. It's...
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    Paper Trading Account for $1m? 3 years?

    I believe Quantopian.com is able do this too. You can create a strategy portfolio with an arbitrary starting size. Orders are submitted using a single line of python code.
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    Why Do We Trade? For Real.

    One of the nice things with trading is that it is decoupled from the work/time relationship. In most other professions you have to work more hours to make more money, a doctor, lawyer or dentist have to put in more hours to take out more salary. Not so with trading, a trader may make $100 an...
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    Storing trading strategy logic

    Not pointless. It gives you multiple advantages. - You can load new strategies on-the-fly into an running system without restarting it. - You can run multiple strategies at the same time in different contexts/threads. - You can outsource the development to external developers without giving...
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    Storing trading strategy logic

    You run the code using an Finite State Machine that executes the algorithm.
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    Storing trading strategy logic

    You're right. The logic needs to be expressed, either in one single file or chained files. May be something like this may work? { "strategy": "foobar", "timeframe": "5m", "long": { "cond": { "expr": "price > ema(20)" }, "and1": {...
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    Storing trading strategy logic

    I am courious how to you guys store the logic (the algorithm) of you strategies. Prior I have written the logic directly into the source code of the program. But why not use a common format like JSON to store the logic. That way you can share development with other developers without giving...
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    Small Fund Set-up in Hong Kong

    Could be possible to setup a contract for a regular individual to individual loan with a variable rate? The loan as a date of expiration then you pay back the borrowed capital. Your friends and family lend you capital, you add or substract a monthly/quarterly/annual variable positive or negative...
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    Ex. Galleon guy blows 100 million dollar hedge fund in 4 weeks.

    The truth is that most people can not generate alpha or have an edge. Even if you are a successful managing partner for Goldman Sachs doesn't mean you can outperform the market and run a successful fund. You may have the connections and a nice resume to get the capital, but then what? That is...
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    Where to begin developing?

    Quantopian is worth to check out, it is a nice web based platform for developing and testing strategies and ATS. They may also have integration with brokers for live trading. They use the Python language. https://www.quantopian.com In the past I have used Tradestation, Amibroker, Ninjatrader...
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    Trader P/L 2014

    +23500 Happy days are here again. Just closed out a swing trade for 23 grand profit. :cool:
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    Japanese day trader makes $54 million a year

    Jason Clenfield writes in Businessweek that tax returns show that a former video game champion and pachinko gambler who goes by the name CIS traded 1.7 trillion yen ($15 Billion) worth of Japanese equities in 2013 — about half of 1 percent of the value of all the share transactions done by...
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    T3

    How much of the firms money do they provide? For each $10,000 I bring how much additional capital will they add?
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    Trader P/L 2014

    Sun light, falling on my steel
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