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What this points out is that there is an opportunity for someone with the motivation to provide active traders with an alternative. Look at how Wealthlab has grown!! I think I am going to look into the idea of getting an alternate platform into production. If I had an alternative platform that...

I finally have a trading screen up (for the moment), at 8:08am PST. I have missed the ES open obviously and frankly, I hesitate to make a trade today, thinking that I might get stranded again and be unable to get out. I went over to IB's website and filled out their pre-account information, and...

Well it is 7:55am PST and after listening to elevator music for about 10 minutes, I have decided to call IB and ask them to send over an application package. Too bad Tradestation can get thier act together. This used to be the gold standard. Can you believe it? steve46

Regarding Tradestation, I have sent an email to Janette Perez advising her that once again this morning, the data feed is essentially frozen. I hope they get the message and try to stabilize the system before customers start to move to other brokers. I for one will start to make inquiries with...

Nitro/bhale: Yep, 41% drawdown!! and this is supposed to be one of the best systems on the market (according to Futures Truth). Ironic that after all Mr. Barna's hoopla about the technology (blah, blah, blah) and the research (blah blah) and his background in Aeronautics (yada yada yada) and...

To all post subscribers: In my response to the initial post, I mentioned that I had looked into the subject (Maximum Entropy Spectral Analysis). Although I am not really qualified by virtue of training, I do understand the basis for the product. The fact is, this is a grey box system that...

swtrader: I looked into the Mesa Software programs and as much as was possible, into the concept behind "MESA". To put this in perspective, I am a mechanical engineer, and so my background is strong math, but not especially strong with maximum entropy spectral analysis. I found that the concept...

To all members: June issue of "Active Trader" magazine. Article by Michael Harris called "Trend Trading with Short-Term Patterns". Turns out Mr. Harris wants folks to buy his "pattern recognition software" called APS. I downloaded the demo from his site. www.tradingpatterns.com, however I have...

Rudolph: In order to make a thoughtful suggestion, I would like to know what type of skills you have. For instance, do you have a track record of successful trading? If you can trade your own account successfully, you can simply start a brokerage account. If not, then you may need to look for a...

To all ET members: OK folks, its friday, start of memorial day weekend and I am home from work early. Got some laundry in the machine and I took a minute to look at the ET threads. This one in particular is always good for a laugh. Look, anybody that wants to seem to be "visionary" like Mr...

TraderJimbo: Check Larry McMillan's website (www.optionstrategist.com) for a decent conservative program that shows you how to choose and manage straddle purchases. If for some reason, you want to use straddles to sell premium, chapter 20 in McMillan's book "Options as a Strategic Investment"...

Adamoptions: I'm not big on gurus. I'm pretty sure the only way to learn to make money is to do the homework, read the books, learn the concepts and try them out in the market. I suggest you make sure you understand everything in Chapter 38 in McMillan's book (Advanced Concepts). Risk...

Adamoptions: I subscribed to Larry McMillan's site for quite a while. Read his books (the best one is his classic "Options As A Strategic Investment"), and subscribed to his newsletter for almost 2 years. If you are serious and you work at it, you can develop some effective strategies. Be...

I was surprised myself. I trade a trust account so they may have had some problems with the additional paperwork. To their credit, I did receive a phone call this morning advising me that they were almost done processing my application. If they finish by Monday, it will have been 10 days.

Maverick1: I did (and continue to use) reversals, and and 123 ocaissonaly however I find them difficult to implement. Some of the concepts are embedded in my mechanical system, and there they seem to work better. Could be that I didn't have the right "temperment" for his program. At this point...

I took Haggerty's course a few years ago, and I guess I have tried every strategy he teaches. Doesn't work for me. To put things in context, I trade futures now, and perhaps his system just didn't fit my temperment? My opinion today is that stock selection is much more important now that trading...

Hey Dgmodel: From my point of view to the extent that the specialist gets away with front running, "friends on the floor" and other shenanigans, I guess they can be said to be "the enemy". Problem is that there are more important (and unseen) enemies hanging out as well. How is it for instance...

This is a "heads up" to ET members who may be moving to Tradestation. I went out and bought a new computer to trade my system, and then closed my primary trading account with Man Financial so I could transfer to Tradestation. My mistake!! They received my application about 10 days ago, and still...

TraderKay: Couple of things occur to me to mention here. I was told by a successful trader that when you don't "have a feel" for the market, you need to do more fundamental research, until you can develop a point of view that you have confidence in. This has worked pretty well for me. That is...

0008: Don't know the man, but I have read some of his work. I get the impression that he is long on discipline and dosen't worry as much about the technology side. Basic common sense approach. As far as trading full time, I am a mechanical engineer who works full time as a consultant to a...