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I usually backtest using pen and paper. As long as number of trades are below 50 it do work fine. Enter data manually in Excel work too.

Yes, US is different, most other countries have sane tax rules. US is only one out of 240 or so countries in the world. Majority of people in the world does not live in US. Passport is linked to citizenship, the citizenship one can keep forever, one does not have to change citizenship and one...

What if you are a resident of nowhere? what if you are a permanent tourist, staying for 3-6 months on tourist visa and moving from country to country. Then one is taxed 0% for income and 0% for capital gains.

Yes, you always keep looking for new strategies to diversify so you have multiple choices, even if the core strategy I currently trade performed +900% since 2010 I still keep doing R&D, testing out new theories and ideas. One need to constantly evolve to keep on the top in this game.

Isn't direct routing more expensive? SMART routing goes through their market making venue Timber Hill, thus this order flow get a lower commission than direct exchange.

Agree with this as a end-of-day swing trader. Spend only a few hours per month, yet rake in 40-50% annually.

Do like everyone else that are serious about managing OPM. Registrer as a CTA, start a LLC and get listed at CTA tracking databases as iasg.com and rcmalternatives.com That is the easy part, the hard part is gathering capital. That where your social skills come in, you need to travel around the...

Always open to new useful knowledge. What I ment to say was, not much I can teach others as most generic and basic stuff is available in books.

It's just a matter of numbers, 1% of 100k is ten times that of 1% of 10k. As you grow your account, the size of your wins and losses will grow too. Then one have been trading for a long time one gets abstracted from it, you cease think of it in terms of money, it's just numbers on a sheet/paper...

Largest single trade wins so far is $32000. Last year I had two of these wins of ~$32k. Largest single trade loss is $16000. I do short term swing trading in leveraged index ETF's.

Nah, I already have one, but thanks for asking.

False. There are plenty of viable systems that work well and will continue to work indefinitely. There are generic models that never stop working, they worked good in the market 100 years ago and they work good today. Not everything is curve fitted crap. It takes 5-10 years to develop a...

Not much to teach as I trade in a systematical and quantitative maner. I don't think, my algorithm thinks for me. Give advice privately in person to friends as I'm successful and it is nice to help people if they are worthy of help.

I have run TWS on MacOSX, Linux, Sun Solaris and HP-UX. Works well, just make sure to use Oracles official Java runtime which is the same for all platforms.

Solved by architecting application as multiple micro services, which are free standing software components that only have input and output (Usualy using REST+JSON over HTTP). They can be seen as a black box and one does not have to care about the inner workings of the service or the quality of...

Thanks for the info, appreciate it. Mean while, as my strategy is trading a leveraged ETF on the Russell 2000 stock index I figure I could replace TNA with continuos contract on the Russell 2000 future (TF) and same leverage to get a trade position reflects that of the TNA index ETF. This...

My strategy exists winning positions in the pre-market and post-hours if limit order is hit. As I'm programing my own backtester, in order accuratly test I'm in need of daily OHLC data that contains the pre-market and post-market sessions in the High and Low quotes of the data. Anyone know a...

TQQQ is up more than 1000% since bear market bottom in 2009. As others have mentioned timing is everything. I would not mind sitting on my ass doing nothing and tenfold my account in 4-5 years.

These threads have it plain wrong. FundSeeder is not out to get your intellectual property. They are looking to undiscovered human talent, future asset managers to invest money in, like CTA/Managed Accounts. They do not care about your trading methods, systems or algos. You do not have to...

Only a fool would sell a working system and only a fool would buy one. 1. Create system that show exellent result then curve fitted to a time period, like 2012-2015, but will not work going forward. 2. Sell it to retail fools 3. Profit! 4. Repeat There sure is money in that business, lol..