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    Backtesting software

    They can run on intraday data (Qfeed/Qcharts). They have historical data from a variety of sources. And you can test on baskets of symbols.
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    Backtesting software

    Wealth Lab www.wealth-lab.com
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    December Trading Journals

    These photos are on-topic if the photo posted was of princess. Hitman?
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    Purchase of Home or Trading Biz?

    "The Amazing Life of Jesse Livermore" by Smitten is a good read.
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    Purchase of Home or Trading Biz?

    And, of course, Jesse Livermore died poor of inferior emotional balance.
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    December Trading Journals

    If anyone wants to make an offer, be my guest. I hate living near this thing now.
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    December Trading Journals

    Hitman: all good apartments you posted. Particularly, for a 23 year old you will be a killer if you get any of these places. God, when I was 28 I was living on the couch in somebody's 10 x 10 apartment. I guess that's why I got eager when I had the chance. In 1998 I bought a 4500 sq. ft...
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    December Trading Journals

    A halfway (or quarter-way) decent apartment in NYC is $1M+. I take that back: $1.5M+. If anyone wants to buy my apartment now its yours for $3.3M. But I live a few blocks from the WTC...
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    Purchase of Home or Trading Biz?

    topguntrader, I know exactly how you feel in terms of what your boss is doing. That is the second worst feeling in the world. The worst being, of course, quitting the job and then losing 50% of that 100K you've saved up while you are on the learning curve. There's no real answer. Figure out...
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    can IB go bankrupt?

    Thanks for the replies. I'm in the middle of my research on this but I'm leaning towards giving it a try. Thanks again. -James
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    can IB go bankrupt?

    I've been thinking of trying IB out. I'm particularly interested in access to the currency markets and foreign exchange markets. My primary concern is: do I have to be nervous about IB going out of business? If they do it will of course be a hassle extracting money out of my account there...
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    Day Trading Systems

    documented. Just go to the top 10 chartscripts section. click on any chartscript. You will get a description + the code + a link to historical performance on Nasd 100, ISDEX, and Dow 30. Also you can test on your own lists of stocks or individual stocks. Enjoy!
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    Day Trading Systems

    In the interest of getting this thread back to the original topic I will post the basics of my favorite system. if you go to wealth-lab.com you'll see that several of the developers there are focusing on band-style systems. The basic idea: a. Take the 10 day MA of a security. b. Draw...
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    Buy & Sell QQQ & SPY Strategy!

    I typically buy the QQQs when they are low. The lower the better. Then, I sell them when they are much higher.
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    November Trading Journals

    It seems like both approaches are correct. Stockbroker: clearly if Bill Gates is caught with a prostitute and MSFT starts to tank then you are probably correct that using discretion to get out will result is lower losses. However, before statistics was invented, the following question...
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    November Trading Journals

    some quotes from fund managers. I gathered these up from the highest asset guys on iasg.pertrac2000.com. Note that this site is not just for system traded funds but for all funds. It just so happens that the most successful guys are system guys. All of these funds started at essentially 0...
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    November Trading Journals

    go to iasg.pertrac2000.com. its a list of hundreds of CTAs/hedgefunds. Sort by Assets managed. Crabel Capital Management has gone from $300K to $1B in the past 8 years. He is entirely mechanical. He is quoted as saying that he only really had bad years (1992) when he was discretionary. If you go...
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    Trading Journal, November

    Speaking of Friday, anyone have any opinions on why that would be the best day of the week this week?
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    Day Trading Systems

    On the subject of trading systems and software (the original topic) I second ttcrep's suggestion of www.wealth-lab.com Its unbelievable to me that this is not the hugest thing in trading right now. I used Tradestation, MetaStock, Neuroshell, etc. and nothing comes close to this platform...
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    Day Trading Systems

    Toby Crabel, who manages $1B, never had a down year, and his worst month in 8 years (last month) he was down 2% and some change, is 100% systematic. A quote from "The Day Trader's Advantage" by Howard Abell Crabel: I know one thing for me is that, in order for me to make money, the...
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