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Of course it's a simple thing to learn, but it's also an indicator of where he is on the learning curve. IMO it's a bit early to plunge into a system you find on a chat site, regardless of how simple it is. Not saying not to trade it, just be careful. It's not an "ATM machine" system from...

No offense intended. Just that if you don't know what the switchover day is, you've got a lot to learn before even trading a simple system. Drawdowns and slippage are a good place to start. Sorry if I hurt anyone's feelings or used the term in error.

Just wondering FT71, are you prop futures guys shooting against this system at all now that it's so well known?

I believe ANFutures data already takes into account the contract switchover. But FYI, active trading on the new contract switches over on the Thursday before the 2nd Friday of the expiration month. ie. 8 days before expiration. As a noob, when you backtest this thing be very aware of the...

Perhaps you need to review the rules. "The remaining unexecuted stop is your stop loss." :)

How does a broker's routing software know you are there if your order is hidden? Stepping ahead with a hidden order is only effective if you're stepping ahead of another ISLD order. You are hoping an order will be routed to an order already on ISLD that can be seen. Precendence within the...

I see the point you are trying to make. And yes, I agree, the typical performance chasing fund investor is screwed in your example.

What happens to the fund's assets under management in your example is irrelevant to the investor (though not to the fund managers). If I was an investor from the first year, I did not lose all of my gains in your example. Let's say I put 100K in to the fund the first year and never...

Silvia Wadwha! End of story. :D

AlanM, My experience with them is that you can specify to the second what time you want and it's been "instantaneous", ie. imperceptible delay.

I don't know if it's accessible via the API, but you can use the "Good after Time" order and a stop order that have the same OCA code.

I run a Compaq X1000. It has a 1.2G Pentium M in it and 512M of DDR. On the road I run Esignal and two TWS sessions, IE, Outlook Express and a few other things and haven't had any problems at all. In fact it's my fastest machine, my normal desktop is a 1G Athlon with 1G of DDR. It doesn't...

It all sounds too good to be true. Has anyone ever successfully withdrawn their money?

If you are just trying to get in on the open for stocks you've selected (rather than Don's opening strategy), then try a simple market order routed directly to NYSE rather than an MOO. I have had the same problem as you (MOO rejected) for an odd lot and this worked. I got the opening print...

Mecro you're probably right. I think I'm superimposing my belief system onto her and that's probably a mistake. I haven't really read anything that should make me believe she would be that loyal to her broker. Guess I'm just a softie.

I haven't read this entire thread, but after giving it some reflection, I feel bad for her, though I agree with the verdict. Here's why and certainly this is conjecture on my part. But it seems reasonable. Her broker called her. He told her Waksal was desperately trying to sell ALL his stock...

i put the welfare of the people above the welfare of business - there used to be a fine line but that line has been sold to the corporate world. On this we agree. I too believe that fine line has been crossed. It really seems like business is getting all the breaks these days and the worker...

doesnt change that there are US citizens qualified for the job. theres a difference between qualified, more qualified and not qualified. Just because you are qualified doesn't mean you get the job. "Qualified" is a pretty vague term. Are you trying to tell me that as a hiring manager you...

MaxPi, I used to hire H1-B's in my previous high-tech corporate life. For us the pay was identical. We hired the best person for the job and I'm sorry to say it was often a foreign born grad. They were more enthusiastic about working for us and it was clear in the technical part of the...

Are the NSO or ISO options? If she does buy and hold, for NSO's the difference is taxed immediately (withheld by the employer). For ISO's tax there is no immediate tax liability except that the potential gain is counted for AMT. This liability does not go away even if the stock price...