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If you want to go Prop for leverage, you don't need it with futures, especially day trading. IB is a retail broker with competitive commissions. Depending on what strategies you use, if you want high daytrading leverage, you may want to shop around for better day trading margin requirements...

The model is only 55% accurate in predicting direction, and the average magnitude of the move goes way down. I think if I want to play a directional model, I'd be better off doing an intraday volatility-breakout method ala Larry Williams. I've also looked at combining some traditional TA...

The model works for past 6 years. I haven't tested prior to 6 years because one of the inputs I use wasn't available at the time. The model has done very well past 3 months, actually hitting at a 87% rate. (Your observation of frequent 1.2% moves is accurate and results seem to reflect that.)...

Aphe, As I've mentioned to you before, trading a 100% mechanical system is the most boring thing I do all day. It does indeed feel like an "order operator". But at the end of the day/week/month, you look at the profits and just smile. The fun is in the constant research to improve on...

Yes, it does exactly that. The model enters on the close the previous day. By 3:45pm I have all the 100% mechanical data needed to make a prediction. So as of 3:45pm on Friday I would enter a position and exit Monday at close. Note that if I get a signal on consecutive days, I would just...

One of the reasons the model has such a high success rate at predicting a 1.2% move, is that it is directionally neutral. The model looks at 100% mechanical variables, including volume, volatility, and some custom derivations of momentum & breadth indicators. The reason to choose options...

Assume the model works just the same on OEX as DJIA (it's very close, but I first used DJIA because the parameters used for model input have highest correlation with DJIA - but OEX is so closely correlated I can use model as is and be happy with the correlation. I will modify the model to run...

I have a 100% mechanical system that can predict a move at least of 1.2% in the DJIA with 78% accuracy (this currently equates to about a 100-pt move with Dow at 8322). All back-testing caveats were taken with regards to ensure no curve-fitting. Performance on multiple out-of-sample sets...

I thought you already found your edge with your sophisticated program that was backtested, forward tested, and paper traded on the simulator? You rebuffed everyone's advice about what the system can and cannot do and insisted that you had a positive edge after slippage and commissions. My...

Did you read jsk2424's reply? Read some of his other posts and you will recognize he is a sophisticated user. PM him if you really want to talk to someone who thoroughly tested this product, that is if you're not just a KwikPOP troll.

And after you've overcome all of that, you still need to have a method that gives you a positive expectation, aka "edge". I've found that the best way to overcome all the emotional factors is to just stick to my 100% mechanical system. I thought you created one? Use it!!!

Aphe, Trade your plan, dude. Just like in paper trading. Trade your setups. The ones that you've pain stakingly tested and have determined give you a positive edge. Stick to your plan and ignore everything else. As Rob Schneider said in Waterboy: "You can do it!"

Kwik*POP, I didn't make the initial "quality of your website" comment, but I believe I can clarify the original poster's intent. You are saying that the quality of your web site should in no way be a judgement of any kind on the quality of the content you are selling. In other words...

DayTrader6758, No offense intended, but you have the profile of an all too common occurrence here on ET. A new username signs up and with their very first post poses an innocent question about a vendor product. Then all the follow-up posts are in support/defense of that vendor. I'm not...

JS1257, It is a perfectly legitimate exercise to ask questions about a proposed vendor product without having to actually evaluate the product itself. Personally, I prefer meaningful, valid statistical data before I even begin the evaluation process. Others have more time on their hands and...

If you have been profitable trading the TI method, I have six people that would like to talk to you and find out what you are doing different. They all lost money.

I personally know six people who have attended the TI course and all of them lost money trading in real-time. If you look at their hypothetical results and apply their subjective method, it is almost impossible to trade all those signals without 20-20 hindsight. The reality is only about 20%...

Please post your experiences when your evaluation, and please be very honest about all the negatives and positives. I'd be curious how well the "filters" work compared to something as simple as a short-term oscillator with Keltner bands. Good trading!

btw, they claim you can make $200-$600 per day. Seems they could just not sell the tool and trade it. If a vendor is going to claim how much money you can make per day using their method, then they must have some set of hypothetical results to base that number on. Look at the con...

You say they are only selling an indicator, not a system. I say if the indicator is any good show me a system with some results. You say their tool should be used as part of an overall trading approach, perhaps involving discretionary criteria. But look at what the KwikPOP FAQ says...