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Cool. Look into "Value-at-Risk" ideas when you get a chance.

With a $1600 account, you should not be losing 120 in one shot. I am not some hot-shot trader, but I subscribe to the idea that the damage should be kept small until stability and consistency comes into the picture.

-$3.85 on 8000 shares. Market was not favorable to me, but ended on a tolerable note.

+$36.42 I made one mistake today, but there weren't any opportunities to really make money on. The goal, as always, is to just diversify and scale up slowly. So I was only mildly retarded today. My frustrations are no longer with trading, so much as they are getting what software I use...

I'm going to upgrade to pro today on photobucket?

Haha, min wage was like $5.15/hr when I was in high school. That was 14 years ago. Prom at our school was held in some country club, and those f-s wanted $90. And that's not including the tux rental, transportation, etc. At 18, if I spent $90 on anything, I would've had to insist that...

How do you figure unemployment is a gravy train? We freaking pay into the system. I wouldn't take unemployment if they let me keep the money I paid in in the first place.

My first job in NYC paid a measly $92,000 a year. It was truly awful, and felt much worse than living on minimum wage.

Out of curiosity, where do you get your $200-$300 a month? When I was 16, all I had was the summer income. I had some lame job at a library teaching people how to use computers, but I only made like $20 a week doing that. But $200 while in high school? Where do you even find the time with...

Awesome. I hope you get X-Treeeeeeeeme profits!

Yep. R&D all night and day. Make money, then party all night and day. :D

Yes, but where does such software exist? I'm sitting here writing a backtester from scratch to solve a narrow problem, but hopefully I will get re-use out of the objects I wrote/am writing. They [genetic algos] do help but they don't subject the simulations to the right constraints either.

Don't blame you for missing the point; it's hard to explain. But: 1) if the backtester only optimizes A without paying attention to B, or 2) the backtester has no way to reduce the parameter space when testing A and B simultaneously it doesn't help. B should be seen as a separate...

There's no simple, easy way to optimize subject-to constraints that make sense, kind of like all those lagrange multiplier optimization problems you see in statistics all over the place. It isn't enough to have portfolio level testing, because some of these programs don't fully allow you to...

Do any of these exist? I am exceeding the limits of my retail platform and need to optimize with better ability to subject optimizations; hesitant to start from scratch. I know about TradeLink, but am not interested in something written in C#.

For perspective, what %'age of your trades land in the green?

If volatility rises dramatically, you can say it's more likely to stay volatile because of volatility clustering; whether it's sustained volatility in on direction or another is another issue. I think this is why I notice longer trades: volatility is sustained (each successive draw is farther...

No, it is not harder to argue that it will be less likely to move towards the mean. You're making the assumption that every draw away from the mean is sampled from some empirical distribution with the same (or similar) variance, but that is most certainly not the case. Since the variance (or...

I can agree with this, but I think a lot of firms overestimate what the technology is doing for them. In some cases, investments have been made in infrastructure but no additional edge is extracted. When that happens, the "luxury" not really enabling the edge as much as technical managers...

You're a bold man who can withstand 81k in losses. When I lose $8.10, I puke. ;-)