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  1. M

    Starting Daytrading Firm in India or China - advice?

    Is it not a must to set up an office in mumbai where the real estate prices are the highest in the country. Yes most of the indian i-banks are in bombay but they trade the indian stock markets. You could set up an office in any decent sized town where the cost of living is low (thereby you don't...
  2. M

    Holy Grail

    Have you found the trading holy grail yet?? ::confused:
  3. M

    What is the worst one day loss you ever had?

    Some day in feb 2006. was down $2000 2 mins after I entered a trade...Wanted to short INSM but placed a buy order by mistake. The stock was already up 50% premarket. The price went down some 30% after the open lol. The second I realized the mistake I should have closed the trade and taken a...
  4. M

    Rules preventing foreigners from trading US markets?

    I was looking at some application materials of a prop trading firm and one of the documentation that I need to provide is a copy of the US passport or the green card or the work authorization.
  5. M

    Rules preventing foreigners from trading US markets?

    I think anyone who is going to trade the US stock market should be a citizen or permanent resident or authorized to work in the US. I don't think the SEC will let anyone trade the markets regardless where the traders are. <br> Someone please correct me if I am wrong.. <br> Cheers
  6. M

    Starting Daytrading Firm in India or China - advice?

    I think anyone who is going to trade the US stock market should be a citizen or permanent resident or authorized to work in the US. I don't think the SEC will let anyone trade the markets regardless where the traders are. I'd do a firm research on the basics of opening a day trading shop in India.
  7. M

    Stratasearch

    I am using the trial version of stratasearch. I do agree it is a very good tool. It runs blazing fast when compared to wealth-lab and others. They have thousands of prebuilt entry and exit strategies but theres no guarantee it'll find you the best. If you have a bunch of strategies that you want...
  8. M

    Proper Paradigm For Successful System Development

    I've been trying to develop some systems for more than a year. The systems that do work all have one thing in common: They are simple. You don't need some sophisticated indicators to make you money. Remember all indicators only follow the price. You want some indicators that can predict the...
  9. M

    Technical analysis with artificial intelligence

    Well Prof, after endless simulations and number crunching, I am starting to believe that TA doesn't do any miracles...Just a decent return that I can invest in a handful of stocks and make the same return.....
  10. M

    Technical analysis with artificial intelligence

    I've been using wealth lab to see if there are any TA based strategies out there that actually works...Haven't found any luck yet..I look for strategies that can perform better than S&P %00 or just simple buy and hold. The programming is based on PASCAL language. If you know little programming...
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