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you'd be crazy to give up a six figure job... if you're so smart you should design systems that could trade stocks/futures WHILE you earn those six figures. just my $.02

Yes, probably normal. Personally, I would never use a system based on an indicator like stochastics. You will probably have better luck writing you own indicators rather than a canned one. Start opening up all the functions and reading the code. Also, as someone pointed out before, the more you...

If Kim Schmitz wasn't a scam that really would have been cool as hell. This whole thing reminds me of the DOD and DOJ people who recruit hackers at the HoHoCon hacker conferences. They are there ever year saying "work for us, work for us".

I feel that optimization can be useful to discover certain things about the stock or market that one is trading. For example, say you are creating a point and figure type system with "block sizes" or some other type of static or percentage based block size system, in such cases optimization can...

I just finished Martin Pring's new fourth edition of "Technical Analysis Explained". I think it is a solid introduction to TA. Very much worth reading. It is 600 pages, but easy reading...

the archives of the omega list can be read online here: http://purebytes.com/archives/

yeah, I am also of the feeling that old ladies deserve some sympathy. what disgusts me the most about the whole wallsreet analyst fiasco is the claim they make about the chinese wall. I used to watch iw.thomsonfn.com to see what insiders were doing after an upgrade/downgrade, and 99.9% of the...

easy, I know how you feel. Maybe manual trading isn't for you. I know I hate it... I am trying to make a complete transition to system trading. The amount of times I've lost money from spacing out, sleeping in, dying of boredem, etc can't be counted. I am hoping system trading might help with...

The easylanguage code is not nearly as hard as it looks. It might take a week or two to learn the basics, but in my case at least, I really enjoyed learning EL -- it wasn't at all a chore. As far as profitability goes, I can't say for sure because I haven't yet started trading any of the...

CTrader, you might want to think about Tradestation with a CME feed to test out some of your ideas, you might find that is money better spent... my $0.02

gold futures and gold stocks?

that is worrisome, to say the least... def, you better get some of the IB staff in here posting soon or you will be losing customers. I am not leaving, but others may look elsewhere.

just imagine the investor turned commodities trader that finds out his contracts, which settle tommorrow, must be settled with a delivery of 200 live hogs.:D

You're forgeting the other half of the story... the index shed almost all of that gain within the next two days, if I remember right. I wasn't trading at that point but I was looking at the historical futures data a few weeks ago... it looked to me like move in the futures was 300-400 points in...

reminds me of the antics I used to observe on liquid stocks like sunw. It looked like the computer based traders would buy when everyone was selling and sell when they were buying. I bet it is some computerized system. Some nerd on the way to blowing up his firm... or, getting insanely rich.

Those attempts to "get in" were packets hiting your computer, mostly probably they were pings, probes from local email and news servers, ftp attempts, etc. Just because a packet is hitting your computer doesn't mean by any stretch of the imagination that someone is hacking you. There are many...

so in other words, the IRS is like the mob and it isn't good for a person's health to cross the mob? :D

the way I see it, estimated taxes are a huge pain. Anyone here not pay them and settle for the penalties at tax time? If you are losing money during a certain quarter (and you have paid outstanding dues), I guess penalties would be next to nothing, so there isn't much reason to pay them then I...

You're forgeting that the Hindus believe in Karma in basically the same way as the Buddhists. Muslims, of course, are a different kettle of fish... If any of you are seriously losing sleep thinking about nukes, eloba, and little green men, then I have a suggestion ( a few actually): 1)...

<How about this. Instead of pimping this guys site like some cheap crack ho, put up your trades PRIOR to your taking them. Just that simple, if you can make people money great some will follow. > I agree totally! My advice to the newbies (from a newbie) is that whenever you read someone...