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The Archipelago Exchange will most likely revolutionize the NYSE over the next year. I wouldn't want to put all my eggs in the "tape reading" basket if I made a living from the markets. Of course with all the money involved I wouldn't doubt this modern technology will be suppressed by the...

I don't know if Dozu uses intraday bars in his system, but through backtesting you can discover the ideal intraday bar to use based on time of day, but you'll have to discover them yourself. I think a lot of successful people use s/r on intraday bars for an entry/exit strategy and won't admit...

Have you tried using the H/L of 1 to 5 minute bars for short term trades, and even 10-30 minute for longer term? Takes the fear/greed out of equation. I try to look at trade from different time frames and use trendlines as well for guidance, not for entry/exit. I use this same method on...

Amibroker is going to implement intraday backtesting and realtime services by March 2002, I believe. They are quickly catching up with Tradestation. http://www.amibroker.com

There are just enough fools to buy the shares the smart money is dumping, keeping us in a tight range. There should be some good downward action soon. :)

Keep us updated. I'm moving towards charging a fee to my LLC group, and would be interested to hear the pros/cons and any legal/tax advice you get regarding charging fees, etc. Of course I'll get my own professional opinion, but it's interesting to hear from other sources. My thoughts...

Open the monthly report via your browser. Go to File, and then Save As, typing the name you'd like and change the Save As Type to "text" from "HTML" (default normally). Then when you are in TradeLog, and hit the Import button, find the directory where you saved this text file, select the file...

Made a mistake in an assumption about short-term capital gains. They are treated the same as ordinary income now! Wow, I'm behind the times.

You save the monthly report as a ".txt" file, naming it something that corresponds to the month/year and then Import it to Tradelog with the Import button.

In general...A person who receives a K-1 is an "owner" or Member in the LLC, and a 1099 means you're considered an independant contractor. It's up to the other owners how they handle this. If you are a Legal Member then you should get a K-1 showing your capital contribution, and distribution...

No, they don't offset directly. You have to capitalize and then depreciate the computer over 5 years. But you could elect section 179 and write off the whole computer the first year up to your schedule C income + I believe your W-2 income, limited to around $22,000 per year. You better check...

I see the benefits of MTM for someone who loses money, but what about someone who generates a large income? Capital gains rates are capped at 28% vs. a potential 39.6% for regular income (at least they were in 2000). So if your making over 100K then it would seem like paying the capital gains...

Thanks for the observation. I know a big crowd of traders loves the Specialist system, and can take advantage of it, but I don't trade the tape and am looking for only tight spreads. I can only get this now on the NASD. I try the NYSE but it just isn't worth the effort unless doing multiple...

Someday they'll get rid of the specialist thieves altogether and then I'll give you an answer. Human + Lots of Money = Crook

Maybe this could be adapted for stocks: I devised a strategy for soybeans using options where I'd buy an OTM call at say 30 when the price was 32 and sold two calls @ 40. This makes you net short 1 position. The two calls sold paid for the 1 purchased and gave a little profit depending on...

I installed Zone Alarm over a year ago and noticed that Microsoft had a program running invisibly on most of my computers that communicated to one of their servers. I don't know what it communicates but Zone alarm asks if you want to give it permission to use a port (which I denied of course)...

That's good to hear the quotes are only $10 for Non-pro. I'm not a professional but apparently they think I am with the prices they are quoting me? I do about $70 per day in commissions so I should be fine. Is there some FAQ gh1 where you found this info?

I logged into IB after the market close today and was greeted with a quote subscription sign-up? Do we need to pay fees now to get live quotes? I see $20 for Nasdaq and $120 for NYSE. Even though I use another quote service for quotes, it's nice to have something to compare to during the day...

Sorry it was me. Bought this new autoexecute program from Ronco and it went into a selling loop when I plugged it in.

1. Portfolio of 10 noncorrelated low beta stocks.:[/B] Yes, but higher volatility. Recently have gone to 6-7 stocks. 2. Stop and reverse system with longs going to shorts at low of previous day and vice versa.: Pretty much, most swing systems use H/L as entry exit, I do like to flip...