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I don't think it is off-topic, because I think this is one of the connotations and associations of what constitutes "gambling" in most people's minds, even though you may not find it in a dictionary definition. In addition to the idea of uncertain outcomes, is the idea that the bets are...

Agree. However, I don't think you can reasonably call trading a "business" because there is no product or service being rendered.

Because it isn't productive. It's a way to take money from somebody else's pocket and put it in yours, but accomplish nothing in the process, much like shuffling cards around on a table in a poker game. People have more respect for people who earn their money by producing something in an...

And professional gambling is not an occupation? This board is hilarious. Folks, trading is gambling. The level of denial you folks show over this absolutely irrefutable fact is alarming.

That's because trading IS gambling, silly.

Exactly. I'm actually a semi-pro poker player who's here because trading looks attractive in that it's not self-limiting as poker is. As you move up in poker it gets tougher and tougher until you're inevitably bleeding. It takes a long while to find your level, and moving up to mid...

Start what over from scratch and why?

Pretty simple, I think. Because there are so many "respected" sources which claim it is impossible, and that anybody who tells you different is a cheat and a liar who is trying to profit off you, or a compulsive gambler in denial, probably hiding his own imminent destruction. You hear this...

I live in the US. I don't know if it is enforceable or not. My guess would be that it isn't, but I don't like signing agreements on the assumption that its clauses are unenforceable.

Thanks for the answers to my questions. My next concern here is the terms and conditions in the account signup that I am currently looking at that says: "In the event you fail to deposit sufficient funds... may, without prior demand or notice... sell any property belonging to you..."...

I have never traded futures but I am interested in learning. In trying to open an account I am getting confused by the warning disclosures about my liability for trading a futures contract - what the real (maximum) risks are. Let's say I have $4k in an account and I buy 1 e-mini S&P 500 at...

Clearly that's the goal. However, you have to get from point A (a non-existent or system under test) to point B ("so fucking stable"). This is not trivial. I don't think it's different from the first goal at all. It allows trading where it would otherwise be impossible. It is not...

Nothing like putting a person in the loop as a sanity check. I think this approach makes a lot of sense.

I'm watching this with great interest, vlad. I have been thinking about building/deploying an automated system as well. I am in the infancy stage, having backtested a couple of systems and am cutting my teeth on the IB API. My main concern at this juncture is... RISK ABATEMENT and I...

By open-loop simulations I mean set up a fully automated strategy with real-time input and paper trade on it for awhile. I am a trading novice (complete), but am a programming and numerical analysis professional. Designing trading systems looks like a fun diversion when I'm not playing...

And those solid reasons are? I am trying my first "back testing" runs on this using e-mini S&P 500. It appears to turn a very small profit. Tweaking the times appears to wreck the system pretty quickly. I have no clue why. Any hints? Bob