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Regardless of what you wanna call it, NASDAQ treats opening and closing cross orders differently in terms of fees than it treats regular "taking liquidity" orders executed during the day. Opening and closing cross orders are charged 0.0005 per share while "taking liquidity" orders during market...

1. I want to simultaneously exit many positions as near to the official closing price as possible 2. I don't want to use MOC orders 3. I want to minimize slippage so if liquidity is going to drop off as we head into the close, I need to close my positions before liquidity dries up When...

If there's a discrepancy between backtest results and actual results for a system, you need to determine why that's happening and fix it. Positive backtest results are not worth much if you can't replicate them in the real world, so that's an issue that needs to be dealt with separately for each...

If you base capital allocation to systems on just how well the system is doing, you don't have to also worry about how the market is doing. The system performance will already be factoring in the relationship between the market and the system.

Using an MA on an equity curve like that may sound logical and work on paper, however, the problem is that you will miss out on the upward jumps in the equity curve which would take you above your equity curve MA again coz your system will be disabled UNTIL your equity curve turns up..coz your...

You could trade all your systems simultaneously, and periodically change the capital allocated to each system based on how well that system has been doing over the last period. That way you don't have to figure out whether you're in an up/down market, and you let performance dictate which system...

The original question was asking what you would do if you had 1 long system and 1 short system. I just realized though that, if you have multiple long systems and multiple short systems, and one of your short systems kept losing money, you could reduce exposure in that system, and "make up for...

I gotta mention that IB's stock list shown on their website is a bit misleading, and the IB shortlist study results I posted here must be taken with a few grains of salt. A lot of times you'll see a stock on IB website shortlist, but then when you come to short in TWS, you get one of 2 messages...

5 consecutive days the markets are open

Yea it certainly sounds like you're still in college!!... To be fair, in some cases the office environment can be enjoyable for some, but for most people, its like a very long episode of Big Brother

What is it about trading that you find interesting? What do you imagine yourself doing as a trader on a daily basis?

http://www.irs.gov/pub/irs-pdf/iw8ben.pdf

what was the exact error message u got?

It's actually shortable on IB, knock yourself out http://www.interactivebrokers.com/en/trading/ViewShortableStocks.php?key=efut&cntry=usa&tag=United+States&ib_entity=llc&ln=

I see, but since one system is long and the other is short, wouldn't they be, by definition, " different and trying to capitalize on different market conditions "

dead cat bounce

Interesting, so what would you do in the case where they are mirror images of each other, and what you do if they are not? For backtesting, assume a fixed positionsizing method was used, ie it was not varied based on performance (eg always use $10K positionsize)

If you care about what people with "real jobs" think of you, you're setting yourself up for a lifetime of mediocrity and misery

You have 2 systems, one long and one short. You start each system with $100K and decide to resize the capital allocated to each system on a weekly basis. After 1 week, your short system is down $20K and your long system is breakeven. You want to reduce capital allocated to your short system...

Yes, i want the details please, i know its obvious to you guys, but im still trying to make sense of it. So lets say i bought LMRA in my regular account at $2 and it's now at $7.5. So i place a limit order to sell my LMRA at $7.5 in my regular account and then take that offer with a buy order in...