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I don't know of any traders or quants that fear any indicators - LOL. The only "fear" I have is that my edge will disappear or diminish to the point of being useless. I work on that one just about every day .

Austinp: could we just focus on Lescor and his trading? You're welcome to start your own thread and see what following you can build.

ddav, I think it is time for you to start a journal and stop "selling" the system. If you have a system to sell, we have a classified section for that. I'll close the thread.

do you have any idea what the basic concept is? I think that is key to deciding if it's something you want to trade live. If it's a commercial system you could always share a link (unless you're the vendor, of course).

Actually not - I was not being sarcastic. If the developer believes in his systems and they stats are that good, he/she should be willing to put it in play and risk some money. Why would the OP want to sell something that good?

Those numbers are good enough that you should borrow 20k and trade one of each of ES/NQ/YM. You can pay back the loan in less than a year and have ample capital to continue. Why in the world would you sell something that good? You'll own the world in a few years!

A few thoughts: 1) It's very easy to fool yourself with back-testing (I've successfully done it multiple times). Unless you have actual real-time trades, it's hard to know how real it is 2) If you don't have the faith to trade your own funds, why do you expect someone else to fund you...

it's likely an initial partial fill.

Trading is asynchronous in nature. I would most definitely never try to layer a synchronous layer on top, as you essentially lose all the benefits of being async in the first place. Whether you call it business logic, trading engine or something else, the best answer is to decouple the...

It's hard to put a price on experience, imo. An expert knowing a particular infrastructure such as IB/TWS/Java with multi threading, and has solid trading experience can easily get $100/hour or more. I'm sure you can find some college student who will do it for less; but you most likely won't...

A sneaky one I've seen is rounding to nearest cent (or tenth of a cent) for some of the fractional cent fees. I believe that e.g. the SEC fee is to be calculated to 5 decimal points and added up over a month; but I've seen it rounded up to 1c or 1/10th of a cent on every single trade. For a...

depending on OS, here's a little trick: copy the CD/DVD content to the remote server and use the assign command to create a "fake" drive corresponding to the location on the remote HD.

A related issue is that non-programmer often don't appreciate the level of detail required to fully implement what's being specified. It's generally not the calculations that are at issue, but all the other things that could affect the validity of the calculations: crossed quotes, low volume...

The white-listing is generally available as part of the parental control of most internet security software. It's generally considered the "kids" mode, where only pre-approved sites are let through.

The things about trademarks and copyrights is that the owner needs to enforce them. If the domain is available, you will likely prevail, as the trademark owner didn't protect his mark.

That's what I was thinking, but being a teacher is a fantastic idea and pays extremely well. Here's how it works out. A teacher retires with pay of about 65k/year after 30 years with a pension of about 50k a year forever. If you had to buy an annuity (or invest) to thrown off 50k a year...

One other thought: since your win rate is very low, I would try to remove the top 5% of the winning trades and see how the system does. Unless the system remains profitable, I'd consider it suspect.

Here's my take: I think the intention is the pollute the limit book, and move the VMA of the bid/ask away from a true mean. This will trick other algos into buying/selling based on the manipulation.

FWIW: I did not get an email from IB on Friday. On Friday I definitely far exceeded 1:10, as I got very few fills early in the day. I would be more than happy to adjust my code, if IB would help with some run-time stats similar to e.g. leverage as calculated by IB.

One of the challenges with the TT patent is that it seems obvious to everyone today, but it likely wasn't at the time of the invention. I'm sure significant money has been spent trying to find well-documented prior art, and so far no one has succeeded. So whether we like it or not, TT likely...