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Yeah that's true. You could definitely be getting in at the lowest tick with a market buy. Or, if the market moves, you could end up crossing the spread on the both the entry and the exit. I'm just looking at it from a backtesting perspective. My algo uses market orders. To be conservative, I...

Perhaps you could explain more what you mean by the historical data showing that bear 3x etfs are worse than bull? Commodity prices have generally risen due to inflation so maybe there's just a bull bias to the price data? This is a great article on leveraged ETFs in general, btw...

Yeah, I mean you're right as far as your PnL. I guess it depends on what you mean by "lose." I want to buy @ 100 but the ask is 101. My market order fills at 101. In my mind, I have already "lost" one tick on the entry. The inside bid/offer doesn't move and suddenly I want out @ 101 but with a...

You're crossing the spread twice, 1 tick on entry and 1 tick on the exit = 2 ticks = $25 plus fees

The Long Term Behaviour of Leveraged ETFs There is a big myth about leveraged ETFs that has been recently propagated in the media. This article corrects the myth and explains the faulty reasoning that gave rise to it. The myth is: Leveraged ETFs are not suitable for long term buy and hold...

Buy-The-F**king-Tomahawk-Missile-Launch-Dip

The Hows and Whys of Gold Price Manipulation http://www.paulcraigroberts.org/2014/01/17/hows-whys-gold-price-manipulation/

Sounds like the disk is about to completely fail. Transfer whatever you can off of it ASAP and replace it with a new hard drive. In the future, you may want to consider adding an online backup solution like CrashPlan or Backblaze. http://thewirecutter.com/reviews/best-online-backup-service/

Risking 1% per trade means that you cap your loss at $1,000 per trade if you have $100k in your account. Peter Brandt says that if you risk more than 2% per trade, you will blow up eventually. https://www.peterlbrandt.com/your-mean-risk-per-trade-is-3-2-you-are-crazy/

ASUS and MSI have the best high-end 17" laptops right now in terms of build quality. Alienware's build quality right now isn't great from what I'm hearing. IMO the Razer Blade Pro is the nicest looking high-end laptop. No silly gaming logos like ASUS or MSI. If you prefer a 4k screen go with...

YM has broken support

I vote for #3. Maybe even simplify it to the n-day high/low.

You guys that are making over 20% a year daytrading need to sign up with Fundseeder. Jack Schwager would love to interview you for his next book...

Needs more trades. Try adding at least 30 years to that backtest.

Congrats on the profitable trade. Have you ever considered trading futures instead of ETFs?

I got 12 ticks of slippage on a sell stop on GC a couple months ago. It was during the day, may have been the COMEX open even. Soon after that, I implemented stop limits into my strategy :) Pretty reckless of me not to have implemented them originally. You can watch GC make 10-15 tick jumps...