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3000 trades in 6 months is about 25 trades a day. That's about 1 trade every 15 minutes. That may or may not be excessive. I suppose if you have limited funds and the trades are over-lapping and your limited funds prevent you from opening all of the positions. I'll just take your word...

Felix, If you have direct experience with trades not getting executed, then you should contact the broker(s) directly to find out why? It is possible that there is some setting that is preventing some trades. You should be very specific about circumstances surrounding the trade that did...

If the exercise is NOT ABOUT MAKING MONEY, then post only the BID PRICE for the entry and the exit, so you can eliminate the spread from the results. I think the exercise is a good place to start a strategy. The next thing you need to do is slowly start adding one new rule at a time (maybe...

Loki, A better / more legitimate test of the random trade generator program would be to enter randomly but exit only after either a 10% profit or a 10% loss. (or some other percent, as long as it is the same for the profit and loss). Then, over a long period of time, the results should be...

The DOW was dropping 100 points a minute. There was no question that we were going down. I think it comes down to what do you want to do while the market is crashing. My traders did exactly what they were supposed to do. The short traders rode the market down and closed all short...

That's easy. Just add or remove a few "bogus" rules to your strategy that will make it unsuccessful. For instance add "and DaysInTrade > 10" or change your profit goal to .01 Most strategies involve investment and committment and I seriously doubt someone is going to steal your...

I don't use autotrader, but I do use other fully robotic stock trading software, and can say that it is not necessary for a software provider to put out a new release every month. Too many updates can also be problemsome. I prefer to only receive product updates when major functionality is...

I run multiple unattended automated traders and there is no way to "manually" trade them. You would go crazy. My measure of a successful automated strategy is does it make more money in profits than it loses. That is not always easy to measure as you could have losing positions that are...

Buying on dips and selling on on a run-up (on pullbacks) destroys buy & hold. As dump as they are, mutual funds will survive though simply because there will always be enough people who say "I'm too busy, so I leave it to the experts to manage my money".

The age of the files does not matter. The samples are still valid. I have been programming with the TWS API since 2004. Though my program has changed a lot since then, the API has not changed that much. Ed

join the yahoo group calls TWSAPI and you can get sample programs to start with. Ed

Interactive Brokers trading fees are also great ($1 for 200 shares or less). Also you can find sample programs to help you get started, in many programming languages, on the TWSAPI Yahoo group.

DITTO

Outstanding! Thank you.

I'm looking into trading pink sheet stocks and imagine an "all or none"/"fill or kill" limit order is probably the way I would like to go. I haven't started looking at the brokers yet, but I wanted to get these issues resolved first. Thanks a lot! I appreciate it! Ed

Thank you "everyone" for helping with the market order vs limit order discussion. Based on the what I have learned regarding the order types. I see the importance of trading with Limit Orders ONLY! Do you know of any brokers that provide the ability to submit a FILL OR KILL order? i.e...

That is very insightful / helpful. Much of that I was not aware of. Thanks a lot! Ed

So, you are saying you can use market orders. It IS legal. But it is advisable to use limit orders only. Thanks!

Someone today mentioned that you cannot submit a market order for a pink sheet stock. I don't trade pink sheet stocks, but am considering it. Anyone know if you MUST submit Limit Orders? Thanks.

What amazes me is Warren Buffet's $34 BILLION in railroads. Now that's a lot of money for one investment. Seems like it completely ignores the, accepted belief, that one must be diversified in their investments. Ed