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I guess the decision whether to continue with a strategy or rework some/all of it should be partly based on whether you believe it will meet your money-making goals. For example, is your goal is to have something you can live on week to week? Or maybe you're just looking to outperform some...

I'm in the Northern VA area. Currently retail trading intraday equities (automated), and looking into the possibility of swing trading futures. I've been seriously researching trading since mid-2008, began live trading in 2010. Hoping for a big 2011! Anyone else in the area automated...

Elitist, are you looking to combine your group's accounts into one when you make the move, or keep separate accounts? Just curious, haven't heard much about how trading groups operate, not sure what options there might be, etc.

If you're up for taking the time to learn a language, I'd recommend diving into C# or Java vs. something like Ninja Script. You'd have complete control over your strategy implementation and could then use that experience (code and/or knowledge) as a starting point for any future automated...

Not sure if this was clear, but I meant to say that you should regenerate that random number with every trade in your backtest. Over many trades, that process should begin to approximate the distribution you observed in live trading. Hope that makes sense.

You may have already thought of this and maybe this is down in the "splitting hairs" level of detail, and also not sure what granularity of historical data you're dealing with... but... One idea would be to start tracking (in your live trading) the number of shares hit at your price before...

I've thought about that, as well. It probably all boils down to how you want to spend your time, priorities, etc. In my case, I've focused probably 99% of my "money management" energy on trading for the past few years and left the rest of my money in either cash or fairly passive investments...

Who is the intended audience of your statistics? You? Some prospective prop firm? Trying to get people to invest in your fund? I like to do a poorman's version of the Sharpe ratio which doesn't include the risk-free rate... just to do quick comparisons between strategy ideas, etc. Simply...

One thing that I wouldn't want to give up would be the ability to backtest ideas during off-hours (or mid-session, too, I guess). Latency wouldn't be as critical since no money is actually at stake, though you wouldn't necessarily want a slow download speed for that. Also depends whether you...

Thanks for all the responses. I found an Investopedia link about applying when self-employed... says a lot of what's already been said here: http://www.investopedia.com/articles/mortgages-real-estate/08/self-employed-mortgage.asp#12960794387312&close Generally sounds like it's a tougher...

I'd be curious how cost effective running from the Amazon cloud would be vs. the costs of running a dedicated (remotely accessible) home computer. The market data feed is what worries me (consumption of cloud bandwidth). Looks like it's $0.10 per GB for data inbound to your cloud instance...

Wanted to know if any professional traders here have tried applying for a mortgage...? How did that go; were you approved? How much scrutiny was given to your profession, income, etc? I'm mainly referring to traders who don't earn a salary/wage from some other line of work. I'm currently a...

I came across my old posts on this from last year and thought I'd do an update. I've been using "highest volume exchange with rebate" since the previous post and it has definitely been beneficial. My liquidity-add orders are averaging a net cost of around $0.0023 per share (when # shares >=...

Looks like most flavors of 1099 will be available February 15. Not sure if that means "by" Feb 15 or "on" Feb 15. http://www.interactivebrokers.com/en/p.php?f=tax&p=e

I'm having a hard time getting amped up about this article. Neither BATS nor Nasdaq are hiding this information from the public... they post information about these data subscriptions on their websites and a quick google search of "bats multicast pitch spec" gives you the exact byte-for-byte...

1. IQFeed 2. Interactive Brokers 3. Java 4. Java 5. No idea. Probably a lot. Way more than my current activity.

I switched to "highest volume exchange with rebate" last night. Looks like the favored exchange is the NYSE, which has a $0.001 per-share rebate for adding liquidity. Also discovered the TWS option to "consider cost when routing"... and put a check in that box. I'll trade this way for the...

If you can imagine combining the books of both Market A and Market B into one aggregate book and sorting the prices accordingly... then if you were to execute a *market* order on that aggregate book, the fill prices you'd get would effectively be the same what you'd get if you executed the ISO...

Thanks rasesh. I take it you're manually entering orders in TWS? IB adds some restrictions for API users like myself. They don't allow direct-routed orders w/ the unbundled pricing scheme, and charge $0.008 per share for bundled direct-routed orders, which basically makes smart-routing the...

Hi all, this is admittedly my first post here (correction, second). Wanted to thank the general community here for good tips/advice in the forums. On to the post: I'm trading US stocks with Interactive Brokers using their unbundled commissions option (via the TWS API). In the TWS Smart...