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no, j-trader is another trading platform not software for IB. You would have to move to another brokerage to use the j-trader trading platform. I'm sure there are many other platforms out there that have the same capabilities also. Pierson

I've had my j-trader platform set up where i have controlled 5 different accounts from 1 main platform. I could switch back and forth or put through contracts on all of them at once with the master account. Not sure if you were asking that or software specifically for IB. pierson

ok thanks for the responses. Yes, i wanted to work out some type of payment plan for my efforts if i was to do this. Couldn't they pay me and call it a consulting fee or something? Also, any idea where to find out the rules here, would a general lawyer know about these types of dealings or...

I have a few friends who have asked me to manage accounts for them. I do not have a brokers license so i was thinking about being the power of attorney over the accounts. If i decide to do this for them i want to make sure all my bases are covered. Does anyone have experience doing this? Is...

I'm using his original rules that he spelled out for the first test. Then i am using what another poster said that he uses. He does the measurements from 1:00 number. So i take the 1:00 central price and do the *1.0033 and *.9967 for the second test. Pierson

Well call me crazy but i went through June also. using opening price +45.5 points on 19 trades using 1:00 price +21 on 19 trades From what i can tell so far the 2 seem to be a nice hedge on each other. Still only 3 months of data, i think you need around 100 trades to give you a decent...

It tells me if i had 2 years of data that told me that type of profit consistantly, i would watch it live until i felt comfortable, then start with 2 contracts and build it up to 20+. Also tells me there is some potential.....but again, you can't tell much from a method like this with only 2...

Quah - no i didn't include any commissions, i was just seeing if it held any validity what so ever. Trading it like he had it over the 2 months there were 3 days with no trades and that would be covering 42 trading days, so 39 trades. Trading it with the 1:00 measurement yielded 2 days with...

Interesting, i went through by hand and backtested on the NQ July and August like i posted before and got July -23 and August +48 points respectively. Today i took them and measured from 1:00 central and got July +40.5 and August -23 points. Almost exactly the opposite but profitable...

abogden, are you using 12:00 central to measure from or eastern? For example he was taking the entry at 1:00 central, are saying measure from the 12:00 central time or eastern? thanks Pierson

On this method, is there any time you stop looking for entries? For example if it gets to be 2:56 and you would exit and 3:00 would you still take it? How long have you been watching/trading this method for? I went through and tested this method by hand on the nq for July and August...i'm...

I applaud anyone who would post a method on elitetrader. I remember reading something about this method in one of Larry Williams books, i can't remember which one right off the top of my head but it jogs my memory and i remember thinking it was an interesting concept. As i remember he didn't...

i trade the nq for a living, if you just started trading it the past 2 weeks i can tell you that it has been more difficult for me than normal also. That is one bad thing about the nq, the summer months especially around holidays it gets very tight and choppy (even more than normal i should...

since he is the one pulling the trigger he is the most important part. Without him nothing happens. A system that works 100% of time would never work unless executed. but i know what your attempting to say. pierson

you are the most important indicator that your system uses. pierson

The problem is that this is a thing that should have never made it into the public eye. This should have been handled internally by the military. America is so self destructing, can you imagine a reporter from North Korea taking those pictures and putting those in the paper. That reporter...

I have always wanted to participate in a traders challenge like the Robbins World Cup. I've always thought it would be a fun experience but the only firms i can find that do this charge between $20-$40 per contract to make a trade. Being a short term trader this adds up to quite a bit of...

The key is the mentor, when i was 20 years old i began trading in college and have never gotten a job. But one of my friends fathers was making a great deal of money trading the markets and he taught me enough to get my capital built up at the end of 1999. And believe me he taught me well...

Everyone is different, what works for one person doesn't always work for others. Some people try the power of speaking positive to make changes in their lives, others try the name it claim it route. The truth is that you can't speak faith into existance. It's a choice of the heart. I ran...

I use blue cross and blue shield and just use the high deductible plan for my wife who stays at home with our 3 children. Not trying to tell you what to do but i would suggest not forcing your wife to go to work, how would you like it if she wanted you to get a real job :-) pierson