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I personally use a co-location facility in my home-town. They have multiple SONET rings with OC-3, OC-12 and OC-48 connectivity. They also have redundant gigantic UPS backups and redundant diesel generators for power outages. Last year, I had one 2 second internet outage (and that was it)...

I'd love to know if anyone (with half a mind) takes this guy seriously? Every time I see some remote semblance of lucid thought, he quickly seems to blow it away with yet another incomprehensible ramble....... Just baffles me........ Jason

I agree 100%.... Jason

With a hell of a lot of practice and some natural talent (I suppose). But certainly not trying to hold a cam-corder in the middle of your high school and college performances.... Jason

Huh? But that doesn't answer my question. I'm confused.... Tell me again, how you manage to concentrate and actually trade, while posting on ET? Thanks, Jason

Also, if you don't mind me asking. How in the world do you actually trade, while posting on ET? Jason

So how does one incur slippage on a LMT order on exit? Please explain. Jason

Yes. I would agree with you if you wouldn't have said that your original target wasn't at 1.357 (not 1.3565). Jason

You claimed a profit target of 1.357 and this chart didn't even hit that target. So, how in the world can you claim that you just obtained a +20 point profit? Jason

There is NO certainty with trading. Only probabilities. Convincing yourself that you need to "make sure" you get it back tomorrow is an extremely damaging behavior trait in trading..... Jason

Been there done that. Back in the mid 2000's, I lost $26,500 in a few hours. At that time, that was half of my trading account. I quit for a couple years and then came back. However, when I came back, I had done tons of backtesting and had actually found a profitable methodology with a...

I'm a software engineer and finally a profitable automated trader (over the past 2 years). Took me 10+ years of tinkering and finally 3 years of concentrated analysis to finally become consistently profitable. Anyway, I trade only equities (at the moment) and I've averaged around +3300 trades...

Interesting... Sounds very similar to what I'm doing. Jason

No, I don't sleep all day. I am a software engineer and only trading with $220K. This year, I'm hoping to hit $130K in profitability, but I still won't quit my normal job until I'm banking a consistent $250K to $300K on trading profits year over year. So, I still have several years to go and...

Been profitable now for about 1.5 years. About 3,300 trades per year. I could teach someone the basics of what I know in under a week, but I don't think anyone could do it by hand. I've automated everything and my software puts on about an average of 13 positions per day. Besides, I wouldn't...

I would be gone overnight as well.....

I do a little over 800,000 shares per month with IB. I'm currently using their unbundled commission structure and I can say: IT ROCKS!!!! I use to use their bundled commission structure and last year, I paid over $35K in commissions. This year, I'm trading more shares and will most likely...

I both agree and disagree on this point. I agree in that after I finally became profitable (in hindsight), my methodology is pretty darned simple (from a 50,000 foot level). But, the devil is in the details. Optimization of my strategy was extremely difficult. Understanding exactly how to...

I "second" what Dustin said. Don't get caught up. He's clearly someone that doesn't listen to anything you are saying and just continues to ramble on and on............................... In my opinion, his remarks are not just worthless, but have a negative impact.

I'd be very concerned about a large market slide or pop that would make all of your positions instantly hit their max loss and would wipe out a large amount of your account very quickly. Just out of curiosity, how do you manage this style of trading? For example, say you have a $100K...