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What does SL stand for in this context? Edit: Stop Loss, I imagine! Can't understand anyone being firmly entrenched against that though.

That's also the kind of guy who's going to have the most regrets on his deathbed: http://www.collective-evolution.com/2013/04/27/the-top-5-regrets-of-the-dying/ Life is about balance, not blind ambition IMHO.

These questions are "know your client": they have your answers on file it case anyone asks. Other than that, they just want to weed out the easily scared and the inexperienced (and indeed, with IB you're expected to figure everything out on your own, no hand-holding from the support department)...

I'm not into scalping so I wouldn't be a good match for you, but I do remember that the IRC chatroom on my first day trading adventure (2003) made things a lot more entertaining and at times helped keep me focused. I can only imagine that an audioconference must take that to an even better...

I can't find any announcements (nothing on their blog), but I notice that they removed their withdrawal wire fee, and now it seems that you keep your first $5K before the 80/20 split takes effect, regardless of how many withdrawals you split that into. (It used to be only the first one, up to...

(Emphasis mine.) This is what I too have come to realize about business in general in recent years: everyone has a different breaking point and talent level, and only a few people have enough talent to reach their own definition of success before reaching their breaking point and quitting to...

Ah! That's the thing: I always TAB off input fields after modifying them before doing anything else, so I guess that's why I never experienced what you're describing. Maybe it's because I was a programmer first, that I have such habits of not trusting anything...

...or they're improving on what works and letting go of what doesn't. They're a young company. Not trying to defend them, but the fact that I prefer most of their current rules vs their older ones hints to me that it's more about improvement than headless chicken management. Funny, that...

We all have to find our own style, but on the charting side of things, I've been most inspired by Timothy Morge. No-nonsense guy with 40+ years of success, specialized around a single leading indicator and not much else. Best of all, you can gather what he has to say without spending a dime in...

The reason could very well be that you've accumulated enough capital to outgrow them! ;) TST is only really appealing to someone without say $100-200K to throw at intraday futures trading. The closer you are to that, the more it may make sense to trade on your own. At large enough personal...

Funny, I read Darvas' book for entertainment recently and that's what I took away from it. The guy trailed stops at interesting areas and otherwise let trends run their natural course without trying to pick tops. Refreshing compared to the jittery video game generation looking to scalp a...

He was just stirring the pot. Don't fuel the fire. ;)

I think you're viewing the problem from the wrong angle: I want interested college students and other people without funds to have an opportunity to experiment on their own, at least as a learning exercise. Affordable high-quality data helps a great deal to level the playing field, just like...

Hm, sorry I thought he meant backtest as in playback, not automation?

I can't speak for the trading world, but as far as interpreted languages go, it's been referred to as having a lower barrier to entry than those with heavier/stricter syntax (i.e. Perl which has plenty of ways to piss me off sometimes). The rest is about the snowball effect of the community's...

So that'd be a +1 for Quantopian then, in Python. (Although they still have yet to disclose their actual fees — they're still in beta I guess. And if their library's proprietary (not sure) it's not really that much better than LEAN anyway.) However isn't LEAN built around C#/.NET? Not that...

FYI the GitHub contributors page shows 13 different sources of commits, though the bulk does seem to come from just 2. Punch card shows that commits usually come during business hours plus plenty of evenings. Unfortunately because the initial commit in January was already some 26,000 lines, we...

It's for Windows, but I use Sierra Chart for exactly that. You can play with the replay speed at will, it's very lean on resources, and its trade simulator includes decent slippage (mostly useful for shorter timeframes). Once you're into a position, there are also handy "skip ahead" shortcuts...

While I fully agree, and don't use those myself at all, I'm going to venture a guess that those patterns may offer some value on daily and monthly timeframes, where closes have some significance. I can't imagine the point of using them intraday.

Bright is still around? With the state of their web site, I thought they might've stopped around 2012-2013...