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IIRC the Turtle system is a long term trend following system that gets in and out with a breakout trigger. (Something like "buy if the close is higher than the close of the last 14 days".) Like Gotta_trade says, long term trend following is a profitable strategy (witness Aberration's well...

I was assuming it was negligible for someone with Marathon's high volume. But I guess if he does 50 rt per day = 1100 rt per month = $1870/mo. at $0.85 per side, then it isn't negligible. Good point, Franz.

FFastTrade is advertising $0.85 per side for the Euro Stoxx. Let me know what you think if you check them out.

My email address has been spoofed before also (spoofing = spammer forges your email address as the sender address). I got a couple dozen delivery notification errors over the course of a week. And then they stopped and I haven't had any problems since. I figured if it got too bad the only...

We should do what it takes to protect ourselves and our allies. President Bush had it right that you are either against terrorism or for it. Appeasement leads to contempt and terrorist attacks. Saddam has been in continuous defiance of UN resolutions by shooting at and tracking our planes...

How many trades are in your backtest sample and how do you pick the stocks to trade? If you have hundreds of trades in your backtest sample you can have more confidence in it than if you have dozens. And you should pick what stocks you backtest on and will trade on a priori (without...

You are asking about making a living off trading the DJIA but you can't pony up the funds to trade 10 DIA shares? Osho67, think of your trading as a hobby for now and don't quit your day job. Your first goal should be to just be profitable and grow your account. Later you can worry about...

It all depends on how often you trade. If we both make the same size trades and you trade twice as often as I do, you're going to pay twice as much in transaction costs. My recommendation... Make your best estimates of the transaction costs, factor them into your back testing, and then when...

What's your "portfolio return" (rather than the return on this single investment)? Did you buy more than one domain and are still sitting on the rest? Why can't you say what the domain you sold was?

What series are you talking about? Charlie Wright's "Trading as a Business" is one of the best trading books written.

Boyle and Mouch are Ayn Rand characters in Atlas Shrugged, for the uninitiated. I'm glad you are proud of it, Molon. I'm no Ojectivist, but a discussion of politics with you over a pint sounds like a good time.

Exactly. And his embarrassing perpetuation that people of color are victims and don't have the ability to be successful without Affirmative Action.

I smell an indoctrinated Ayn Rand Objectivist. To most people a looter is one who steals during a riot. To an Objectivist a looter is anyone not an Objectivist. Not that I agree with Jackson's politics, mind you...

You never answered why you require the person to be outside of Canada and the US. I can't think of a good reason. Sure, a US resident would be taxed on their own earnings, but that wouldn't cause your fund to be taxed. In fact, there is a good argument to be made for wanting a US-resident...

Perhaps you are thinking of the mark-to-market election. You don't have to file anything ahead of time to file as a trader on your 1040. Get a Ted Tesser book.

The scientific way to test for leading or lagging behavior is to calculate a lagged correlation. For example, to test if the ES follows the NQ with a 1 minute lag, then you would take a sample of ES and NQ minute-by-minute prices, compute the change from one minute to the next, lag the NQ...

I've never heard the term "Randist" before. Is it distinct from "Objectivist"?

Interesting poll! You might get a different result if you asked "how much of your own money are you trading with". Another interesting poll would be "how much do you make or lose trading each day (standard deviation of daily P&L)". A big account can be traded very conservatively and vice...

Thanks, FX-trader, for the news update. A little competition will do wonders for the bloated fee structure at the Chicago exchanges.

Can I have some of my money back, sammybea? I think most of that was mine. :D