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    The Importance of the number "3"

    "And the LORD spake, saying, first shalt thou take out the Holy Pin. Then, shalt thou count to three. No more, no less. Three shall be the number thou shalt count, and the number of the counting shall be three. Four shalt thou not count, neither count thou two, excepting that thou then proceed...
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    Are intraday Candlestick patterns useless?

    newguyintown, In your first post, I was able to detect quite readily that you have a psychological preference for candlesticks. That is, you want candlestick patterns to be real , and you want them to work for you . NihabaAshi made a lengthy post with lots of detailed information about...
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    Are intraday Candlestick patterns useless?

    There is no "main crux behind candlesticks". Candlesticks merely compress price data in a way that makes it easy for human beings to see range and time in a continuous time series. The only investor sentiment behind them is yours. It is you and your eyes that see the significance, the...
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    Elephant in the Room

    Would you please elaborate on the software platform you are using? What qualitative features of the platform do you think give you an edge? What quantitative features give you an edge? What are you comparing your performance to, and how exactly does it constitute a "10-fold" improvement...
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    200K yearly

    Wannabetrader, Your question is a bit like asking, "How much money will it take to for me to climb to the peak of Mount Everest?". You are asking the wrong question. What you should be asking is "Where do I start?", because you are a very long way from risking capital in the market. That...
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    COLO at the NASDAQ?

    I have inquired in this regard in the past. I know that several firms offer hosting for black boxes, including Genesis, Assent, VTrader, and probably Bright. I cannot disclose specifics, but some firms charge nothing for this service, while others have a monthly fee ranging from $150-$1500+...
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    Observations on the NYSE specialist.

    http://en.wikipedia.org/wiki/Confirmation_bias Excerpt from this page: "Confirmation bias is a type of statistical bias describing the tendency to search for or interpret information in a way that confirms one's preconceptions. In inductive inference, confirmation bias is a type of...
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    Bugs in IB Paper Trading Simulator

    If you happen to be testing in IB's new simulator, beware of these bugs. 1.The simulator seems to be using the old commission rate for equities of $0.01 per share instead of $0.005 in its P and L calculation, and average cost calculation. 2. You may find functionality seemingly...
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