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There's also a list of indices at the PHLX that gives complete descriptions including component issues and weightings as well as option contract specifications relative to each index. It's at: http://www.phlx.com/products/sectors.html You'll find NDX components at the Nasdaq website (...

Pejman - If you're the legit licensee of the software, contact Microsoft. They'll have a procedure to verify you and they can replace your product registration key - this isn't the first time it's happened. Using someone else's key will only cause a problem for you and them.

You could try the ADX/DMI formulas to determine whether you're really in a trend for your period and how strong the direction. Alternatively you could try a linear regression over your target period and use coefficient of correlation and standard deviation boundary containment to determine...

Re: "...a lot of traders..." - apparently not enough to make the operation viable.

What you should question more is a system that claims to trade equally well for futures and equities. Even a mechanical system that claims to trade well across all equities is unlikely due to differences in trading patterns that generally require a degree of customization or optimization to...

murray - what are you saying? Got to say that I've written my share of stream of consciousness posts before, but so far your messages seem to be streams of consciousness fragments. Not sure if anyone else is able to decipher what you're saying, but I can't. I don't doubt that there's...

From the description so far, it sounds like its basically focused on only on scalping. So perhaps it would be better to characterize it as a "scalping" tool rather than a "trading" tool since trading encompasses so many other methods and techniques than merely scalping. Mjt - would like to...

DT-wav - Jann's right. # of trades over the backtest timeframe is irrelavent as a gauge of whether a system is over optimized and whether it can produce comparable results going forward. A backtest doesn't really evaluate the effectiveness of a system - it evaluates the effectiveness of...

jaan - A point of clarification - owning stock does NOT create any practical obligation on the part of the company to give you a cut of future profits, etc. It might if the tax laws were different and companies could more easily distribute part of their profits as dividends (although many...

DT-Wav - You probably see "system" results based on full SP contracts because it'll inflate their numbers by a factor of 5. It's marketing. But there can be some substantial slippage trading the full contracts that most of these system results don't even really take into consideration...

jaan - A futures contract is a contract to own the underlying commodity at a specific price. So if I buy a gold contract @ $270, I'm saying that theoretically I'll take delivery of the contract's amount of physical gold for $270/oz. Whether I do is up to me - most futures contracts are...

jaan - The "intrinsic value" of any futures contract is the current spot value of the commodity it's written on - some futures are simply cash settled rather than delivered. So if the spot price of gold is $270/oz, the the intrinsic value of a gold contract is $270/oz. If you hold the...

DT-wav - The bid/ask spread on the S&P emini is usually 0.25 (on the NDX emini it's usually between 0.50-1.00) and there is usually more than enough volume on either the bid or ask to satisfy an immediate 5 S&P emini contract fill (the equivalent to one large S&P contract). So IMO there's...

mikebiz1 - don't know what you're paying to get a fax with SRs for the SPX and NDX futures, but it's probably way too much. I've seen several overpriced services ($200+/month) advertised. I'm using Trade Prospector for SRs (does equities and index futures) and the realtime version even...

Cdntrader's right. The brokers ask those questions because they've been sued in the past by novice traders who lost their butts and then sued the brokers claiming the broker should have protected them from themselves. It's like the McDonald's thing - why was McDonald's held responsible for...

While it IS possible to "get away" with trading offshore and not paying taxes through a device like an offshore corporation, BUT "getting away with it" (at least until you're caught) isn't the same as "legal". There are regulations that come into play if you're the majority owner of an...

andrasnm - you're definitely right about Chicago politics and even the whole politics of open outcry at the Chicago exchanges, but I think you're off by a factor of 3-5 on your commission pricing. While $1 per side would probably be too good to be true, you can get commissions in the...

qwik - I believe the usual interpretation of "essentially the same" security would NOT match up INTC and AMD. They are different securities for purpose of the wash sale rules, even though they might be price correlated. However, if you dumped INTC and bought INTC calls, then you could run...

Kicking - check this link http://www.ird.com/features.htm They do actually mention that they worked with Townsend (presumably to clone Realtick functionality into browser compatible Active/X plugins - although the benefit of doing that over an RT program clone seems minimal to non-existant)...

Looks like the same program and the same people and most of the same hype that was being pumped on this and several other boards about a year and half ago. Some long time board members might remember a Texas company that was spamming the board hyping their program called WOW (can't remember...