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In terms of advice on pairs trading, here’s my experience. 1. Don’t waste your time trying to day trade pairs. It’s extremely difficult to overcome slippage and commissions on an intraday timeframe. It might be possible to trade one side of a pair based on the action of the other side...

I agree with your comments but my crystal ball has always been extremely cloudy. Whenever I think stock A is going to outperform stock B ... it usually reverts to the mean! Could you provide an example of a recent trade or a possible trade? Regards, Slave2Market

I think my comments from over a year ago are still pretty accurate. http://www.elitetrader.com/vb/showthread.php?s=&postid=3299788#post3299788 I've been trading pairs for about two years now and find it to be a relatively low-risk way to make a relatively low return.

I have no idea what kind of charting software you are using but the following is true for any software I have ever used or designed myself. Time based bars provide a summary of the trades that occur within that bar time period.

Time based bars provide a summary of the trades that occur within that bar time period. The close of the current bar shall match the open of the next bar only when the first trade in the next bar time period occurs at the same price as the close of the prior bar. To help put things in...

For a trader who supposedly trades off clearly defined hard levels with high probability it sure seems funny that you don't require any proof of success from your Mentors. This reminds me of the insurance commercial on TV where the girl has a date with a supposed French model ... it's true...

OK - I understand. These guys are great traders because they have a web-site and make lots of calls ... and because you say so. I guess they're so busy printing money via trading that it would be a tremendous burden to keep track of their actual profits or losses for the year. I realize that...

Hey riffraffpatrol, I would be very interested in the seeing the Profit and Loss curves of your T3 trading mentors. You mentioned in another thread that their trading results are 100% transparent. Could you please provide a link which illuminates their actual real-time trading results...

I am not familiar with T3 but would be very interested in seeing the Profit and Loss curves for the real-time transparent trading of the traders you mentioned above. I reviewed the site briefly but that information did not appear to be available. Could you please point me to a link that shows...

Wow! Over 1,100 views and yet there are no traders in the area? Sounds like there are either a lot of bored people or maybe the "Views" count is suspect?

I love these types of web-snakes, oh I meant web-sites: 1. There is usually never a Profit and Loss curve. They typically just show the net gain or loss per trade. Can't let the Muppets see the possible drawdowns. 2. There is usually not a plot of the capital usage or any mention of how much...

Unfortunately, there appears to be very few real-traders who monitor these boards and probably even fewer in Florida. See my feeble attempt below: http://www.elitetrader.com/vb/showthread.php?s=&threadid=238321 I would put your chances of locating other real traders in the area as...

In regards to stock trading, there really aren't any short term edges left where a prop trader can push big volume. I would bet that most profitable remote prop traders (the few that are still around) generate the majority of their profits from longer term trades e.g. hours to days versus the...

I definitely agree but I thought that there might be a few lurkers out there like me who actually do trade. Not a bad idea! Maybe I should start a group to discuss the following two movies ... that should attract some seasoned veteran traders! :D http://www.imdb.com/title/tt0019423/...

OK, I'm bumping this thread one more time. I know it’s tough out there but apparently it's worse than even I imagined. Either that or the EliteTrader boards are about to become extinct? You know it’s bad when you receive a reply from a guy whose handle is “theFarmer” and he doesn’t...

I think you are mistaken about the "all" part ... I only know of two traders in the Tampa area and I'm one of them. :D There might be more but I doubt they monitor these boards. There is definitely no shortage of Snake Oil salesman and imaginary traders. In regards to taxes, Florida has no...

I'm bumping this thread in an effort to generate some interest and coordinate a second get together. I know that the Tampa area is primarily a trading vacuum but maybe there are a few other traders out there? :D If you're interested in getting out of the office then either add a post or send...

Hey N54_Fan, check your PMs. Another trader in the area has contacted me via PM so I will try to coordinate a meeting.

I realize I'm going way out on a limb here but I'm interested in meeting other traders in the Tampabay area. I often feel like I'm the only person who actually trades for a living in the area. Please don't be offended but I'm not interested in meeting novice, part-time or hobby traders but...

I'll tell you from personal experience that getting to $1M/yr level is much easier than maintaining the $1M/yr level. Edges DO NOT last forever and finding the next great edge can be a monumental task. There are very few professions where you can achieve and maintain a high level of income...