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When I generate an order on Chart trader, the Account field always needs to be set. Is there a way to set a default? Things I tried: Using the Quote Monitor to set the default account: Works for order generated from the monitor only. Set the group setting for the charts and the quote...

Does anyone know of a copy trading platform* that Works for futures Works for Day trading and is NOT Collective 2 TIA *goal is to trade a single account and have the trades move (copy) into several other accounts

Rotation. Then climb the "wall of worry" to a new high, or retest the 100MA or 200MA. Either way, Up, Down or Sideways. Trade it as you see it, not as you predict it.

VG is more like paper trading. Everyone has a different risk-damage threshold so when real money is at stake, is really the only measure of one's "emotional" grip. That being said, there is a lot more going on, for instance, How long does it take to get "leader board" good at a video game...

This might help. You are probably thinking that a "score card" of results are useful. They are the atomic parts of a "meta-system" that is useful. Let that sink in. Now, ask yourself what you want from your "journal". Your needs are going to be different from others depending upon type of...

Servers go down. Quotes get frozen. MKT orders get rejected. The list goes on. It is interesting that people get caught off guard by these things. Fast moving markets put stress on systems. Always have and always will. How many times does one have to see this before they realize retail...

WOW, OK. Forex is used to hedge currency transactions primarily. So every corporation of any size has to repatriate their funds either coming or going to deal with the settlement delays. So many professionals are there to facilitate that process for their clients. They are moving real...

So you were just practicing cannonballing. ;) One needs to treat a paper account as the real thing. There are advantages already, and if you cannot be good on paper, live is out of the question. This applies to tactics, money management and psychology. I don't understand why non...

When they say poor traders don't have their ego in control, this is one of the thing they are talking about: they the need to call tops and bottom, especially publicly.

Yeah reality can really beat up your ego. These threads are like Latin soap operas. While people are posturing and making predictions, trade after trade are flying by. Markets go up, down or sideways, isn't that enough for a trader?

Price is a VERY POWERFUL indicator, (of future price). Price Movement is a VERY POWERFUL indicator, (of future price). Seriously, how many times can you take derivatives of current price and previous price and gain any insight before it is an exercise in "digital alchemy"?

Look at conditional orders.

Some people go to "all you can eat buffets" and stay there all day..... Just Saying...:sneaky:

I would add that you need to figure out how you will exit paper trading. What is the criterion? Paper trading without an exit goal is not really a plan so much as a holding pattern. Also consider that different styles, e.g. day versus swing, are better suited for different personalities and...

I agree with MM. Also it silly to talk about "a trade". Talk about a set of 50 trades and 50 sets of 50 trades, then it gets meaningful. Single trades are noise. So get an edge over 100's of trades. That is what you want, not a single trade with an edge.

Fixed stops have these issues: Don't take into account, market volatility Don't take into account, trade entry Don't take into account, market action before entry Don't take into account, market action after entry That being said, having an idea of what a "hard" stop should be, as a percent of...

Create a spreadsheet that takes into account number of trades. The strategy should have an expectation, so you need tactics that will match. After you do that, figure out the probability of each type of target (profit/loss). Combine the two and find the sweet spot. That will be your...

I wonder if it is a combination of things. For instance, I use the default 100 ticker limit. I wonder if I upgraded to a "booster pack" if I would get a different feed and perhaps better performance?

I agree. I guess it comes down to the details of how much is the "system" right? Some people consider a set of indicators a system, others include the trade executions, and still others include short term risk management, and others hedging while the trade progresses. Likewise, the criterion...

El_C's point is very valid. It is very easy to bog down TWS with multiple time frames switching instruments. Very sub optimal. So now I use TWS for a single instrument, ES. I have no problems. I.e. it works great. Just being practical and making the system work within its restrictions...