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I think this is flawed thinking so an extent. Different markets behave in different ways. A simple breakout system may trade very well on financial markets, but get chopped to death in the S&P. A system that is robust across all markets with the same parameter settings may inspire confidence...

Try Kaufman's MA. I think that most people look at a MA as simply some component of a mechanical system without trying to understand the logic of the tool. Kaufman's MA is based on a volitility calculation to change the speed of the indicator. By changing the time length for any of the three...

Take a look at this guy's results page. The average profit per trade is $50......on five contracts per trade. He is making less than a tick per trade, and it doesn't mention any deductions for commissions. I almost guarantee he doesn't take any slippage into account, which will be significant...

Though Waggie doesn't need my help to defend himself, I must say that Waggie is an experienced professional and you havn't begun trading yet. Waggie may get involved in the occasional pissing match, but that aside, you'd be wise to listen to him and consider his points. I don't think he's...

What are your state regulations like? Here in Oregon you need to register as an investment advisor, put up a $10k bond, have a series 7, and have your CTA (obviously), and pay $1000 annually. Perhaps this is not correct, but it was the inderstanding I got from our state literature. Also, I don't...

Is your system mechanical? If not you're probably suffering from a condition that I battle from time to time: the yipps. The yipps, in case you don't golf, is a putting condition where you get so anxious over where the ball is going to go that you jank up before you hit it. It's typically...

I was thinking in terms of the liquidity available in all hours, not necessarily in terms of volume for a daytrader. I know nothing about the volume fx daytraders execute per trade, but for the spot fx'ers, the spread (usually) stays the same regardless of the time. Funny thing is I assumed...

It drives me nuts every time I hear company reps touting their "no commission" fx trading. In other markets, brokers get a commission per trade for their troubles. The spread is not in their control, so the commission is their income. Fx brokers make the spread, so that is their income...

One of the things not yet mentioned is the election cycle. We are typically strong into the election. Watch the way the interest rates jumped on the rate hike rumor; people are very tapped from a debt standpoint. This will mean a harder load as rates increase. A growing percentage of...

When I saw the title of the thread I thought it was more Mr. Market B.S. :) Excuse my ignorance, but are tasers ranged weapons? I was under the impression that they were close range weapons, like mace (mentioned earlier). If these have a range, they could be a replacement for the future; if...

Wealthlab definately has its advantages. However, the original poster was, in my interpretation, inquiring about ease of programming. In Wealthlab, you can use the wizard to create the exact same MA crossover system I put up, though it would take much longer than it took me to write the two...

A simple MA crossover system would take a few seconds to code. Here's an example: if average(close,20) crosses above average(close,40) then buy next bar at open; if average(close,20) crosses below average(close,40) then sell short next bar at open; That's all it takes to make a MA...

I have a system that uses an adaptive moving average slope. I programmed it into Tradestation in about five minutes. It was VERY easy and intuitive. I have been trying to get it into Wealthlab for about a month and havn't succeeded yet. I have taken classes in programming before, and I still...

The US tends to move more than the TY. For instance, the latest move down resulted in about seven points for the US and five for the TY.

After reading the article, I dont get the impression that they are going to float. It said that the renminbi would fluctuate more. This doesn't imply a floating currency; rather, they probably will keep it very "managed" but allow a larger band of fluctuation. Perhaps this will lead to a true...

10-tick chart from Tradestation.

I think that tomorrow may be a big down day on the news release in the morning. Perhaps it could spark a big retracement. The earnings data is most likely already priced in so perhaps we could see a "sell the news" day tomorrow. I want to buy a put or two, but I just don't have the balls to...

Is there any way we can have a community vote to ban this guy's IP address? Banning his account obviously won't work because he will just keep coming back..... This site's about money....and, judging by the amount of pure crap you're posting this morning, I don't think you're making any...

This is a sort of extension to my hardware thread "Wi-fi Trading." I looked into wi-fi, and it is far too limited/unreliable for my purposes (we have a Starbucks on our ground floor, however, and I will use it for a backup connection). I am starting to lean towards a cell phone dial-up...

I have Earhlink DSL at home. We also have a Starbucks on the bottom floor of our building. I just talked our assistant manager here, and she said that a couple of the residents use the Starbucks hotspot as their primary connection in their apartment. The satellite I was referring to was the...