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...the simple fact is that I am jealous of discretionary traders. I tried for years to do it and was an abject failure. In fact from that viewpoint I am the idiot. BTW it was irrelevant to ask him long or short. At that time of days IMO it's random entry.

...I'm an NQ player so the questions I ask you about ES may be really stupid. Why did you enter pre-market, and at that particular time? Absent 8:30 ET news I avoid that hour like the plague.

...the "American" method! How droll! You must remember that most of us are descended from sturdy English criminal stock. All I can say is to quote you what my daily setup instructions sheet reminds me to remember every morning while I'm trading: "Trading is not about learning, being smart...

...trading IS gambling. The only issue is whether you have a system and are a winner or trade "discretionarily" and are a loser. You don't need to change your personality at all. All you need is a winning system. I am a maniac, a drunk, and an overall addictive personality, but I could trade...

...in defense of backtesting, done properly, tomorrow IS like today and yesterday. Your comment, IMO, indicates that you don't know how to backtest, and could bias the inexperienced reader toward the boundless sin of discretionary trading. Repent! Go ye forth and sin no more!

...when I develop a mechanical system that works reasonably well in a broad time frame (which for me is an hour) the very last thing I do is to backtest stop times and "too late to enter a trade" times. This often has a dramatic effect on the performance of a system which was profitable without...

...I have found that if you post something serious as if it were a joke, a hoax, or a complete crock, you get more interesting responses and PMs than if you play it straight.

...Rats! I was hoping it was mechanical. Beware in advance that mechanical ravens like me will circle around cawing that discretionary trading is idiocy. However, if you're successful we can probably dissect your method and mechanize it for you! So please do post entry and exit times and...

...do you plan to post your entries and exits? Would love to reverse engineer you if successful. Thanks.

...just a white-trash idiot with a knee-jerk reaction to stupid questions. I was trying to beat dbphoenix, who is the only person here more obnoxious than me, to the punch. If it were anybody else but you, I would say something ugly. I have deep respect for you derived from the intelligence and...

...I have a major hard-on that won't go away for fully automated trading with IB inside the E-Signal platform. What's the latest on that, if you can say, please? If not IB, will it be another brokerage partner? Thanks. - Mike

...the e-Signal thread in Software says more intraday data is coming in the next release in a few weeks. Beware, however, more is not necessarily better. A sample size so large that it produces more than about 60 trades invalidates the simple statistical significance tests like Z-score, and may...

...I am a voice crying in the wilderness. Consider E-Signal's strategy development and backtesting language. It allegedly will be fully automated to tradewith IB early next year. If you can conceive of it, you can code it. Plus, if you have any coding background, since it is Java based, the...

...the first hour is the way to go to on the U.S. west coast if you have a day job, too (and maybe always will). It's making a virtue of necessity.

...thanks. I must confess that I am not real big on portfolio management (the math leaves me cold). I prefer instead to use multiple systems over different time frames on the same instrument. Have you used any particular method to determine the optimum portfolio mix, or is it simply empirical...

...I have to take up for Illiquid here. I find fairly often that I have to override my systems when they are not "smart" enough to know that they are wrong. IMO coding up all the "wrongness" conditions would be an immense undertaking relative to the generation of reasonably optimizable 5-7...

...I didn't catch the portfolio aspect of your system before. If it is not proprietary to ask, does it NEED to hold multiple positions simultaneously to work well?

...I don't get it. I generally stick to what I think of as the "serious" forums, TA and Strategy Trading and Index Futures, and I don't see him. IMO absolutely the most trenchant questions that cut to the heart of successful trading generate the fewest numbers of posts. Contrarily, it is the...

...IMO NQ is easier to trade than anything else out there. It is just like a woman. Get to know when she's gonna be sweet and when she's gonna be a bitch and you have it made. NQ, like a fine woman, definitely has an attitude.

...and why do these people hate him? I never see any posts by him. If he's so obnoxious, why is anybody paying attention, much lest posting about him? Un mystere, un boule de gomme.