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Yes, the 3 videos are interesting indeed ... my last question in the 1st post was : - is there training materials available from him (or anyone / anywhere) that is understandable by a "normal" person ? I haven't seen much answer to that question yet.

"Trading is an exercise in odds & probabilities" - that's the 1st sentence of the ***** traders manual. - Trading "patterns" do not have a deterministic outcome, on a case by case basis. - Failed patterns are difficult to consistently spot on a chart (by the eye/brain), hence any...

Convert daily to the number of minutes in the day-session (assuming you are charting day-session only, else do the same using all-sessions), then do +/-5% to the result. You will probably have to create a session template that goes from Monday's open to Friday's close in just 1 session, though.

Change your chart timeframe by +/- 5% ; 10% ; 15% without changing anything to your strategy, and see how the system's performance is impacted.

My ToD (Time of Day) filters remove about 35% of the total number of trades, while they blackout approx. 75% of the 24h session. I have a couple of price-action based filters, with a hit rate of about 10% each (one of them deals with conflicting opposite setup on a larger timeframe). That...

I haven't traded stocks at IB for over a year, but it used to be (per side) 50 cents per 100 shares with a minimum of $1 (of US stocks)

I am sincerely trying to see if there is any value I would forever miss by putting him on ignore. BTW, you don't seem to be a former or current student of his, this thread isn't for you to post either - re-read the 1st post if you have any doubt about that.

I am a bit overwhelmed by the numerous posts of Jack Hershey, making all sorts of claims re. his day-trading method, and never able to articulate anything in an accessible manner - not to mention, hijacking threads without addressing the least their OP's subject. Before I put him on ignore, I...

Another update (already 5 weeks since last one ?!) : - I developed a fairly large workaround for the NinjaTrader issue with "native" IB OCOs ... since I am only trading 1 contract per target at this time, I decided to cut a corner at this stage and constrain that workaround for 1 contract per...

In the stock market, when you open position (say long for simplicity) you buy a certain amount of shares & pay for those shares with cash at the instant market price. In FX, you are trading a pair of currencies one against the other. When you open a position on the EURUSD pair, you...

You are right it is a statistical finding ... what it says is there are enough ABC pullbacks with later continuation that it doesn't pay to freak out & move the stop above A once price has done AB & starts going for C (or a reversal) - unless B is a DB/DT or near-miss of that (I use 95% retest...

The best exit point is the one that maximizes your system long-term expectancy ... it cannot be optimum for any particular trade, and in the spirit of Mike Douglas "Trading in the zone" you shouldn't care about the current (or next) trade outcome, as long as you follow your system's rules. On...

Seriously? And looking at the gravel on the sides of the road when you are driving I suppose :) I was checking TickData's historical tick data quality just this morning, comparing with my own data collected through IQfeed historical server ... even with the proper tools, it was a major pain...

Jack, I think you are about to regain all your credibility on ET ... just post your account trade log for today and enjoy!

Forgot the attachment - just for Jack

Jack, thanks for the input, really. When was the last thing of practical value your posted on ET? I can show you white noise in CL any day / any time. But this is not even what I meant by "noise". BTW, my fully automated system that separates signal from noise sold CL at 89.61 (1:41pm...

IMO, the problem isn't in the number of parameters - not even in the intrinsic complexity of the algo, which is a better representation of its over-optimization capabilities. The (mechanical) trader's problem is to: 1. identify (mentally) a recurring pattern with a tradable edge. 2...

I am looking for a converter, from the TradeStation OMZ file format, to anything "public" (TXT, CSV, whatever). Thanks in advance

Ninja (free) comes w/ a free EoD Kinetick datafeed ... sure this isn't intraday data, but that gets you some data to get started programming. Also, with the Ninja free version you can connect to your broker (if one of the supported list) for data-feed ... it won't let you send orders, that's...

I honestly think your best bet is learning C# and using NinjaTrader ... let me explain: - Ninja is free, as long as you don't use it to place your orders. Which means you can use its development environment to learn & develop your strategy, for how long as it takes you, without any cost. -...