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bs each market has its own profile. based on acceleration, deepness of corrections, choppiness, gappiness, candle overlap range, etc... so no system can work in all markets. systems prefer some profile(s) and won't work with others. the wisdom we refer to is to make sure you did not...

there is also the issue of ownership transfer. a transaction should change ownership, otherwise it is manipulation as well as far as I know.

contra indicator ?.. yes likely.. he probably fades his own calls as well.. lol

I don't know if anyone mentioned that already. All IB users should be very careful with free API software available for TWS. IB does not recommend, test or support any of these application (and for good reason). anyone can build one of these, offer it to the public.. then, they have full...

the book was totally empty. it did not take a lot of paper to drive this up (maybe including stop running, but I don't see that as a sure reason.. lack of liquidity was obvious). with such an empty book, noone should place an order for a target of less than 30 or 40 ticks, since we know the...

yes, the P&L in the account window can be wrong, as it is an 'estimation' of the current market value. sometimes because of the average cost and also because of the bid ask spread. with a wide spread, the current market value constantly change widely. so I can understand the confusion...

very unlikely.. why are you talking about your P&L anyway. what you should do is to check the daily statement. match each open and close for each trade, account for commissions. if and only if then it does not match then you have a claim. of course, I bet you will not see an error...

ok TriPack

thread closed, requested by thread's starter.

whatever the stop type (native or not) around report times liquidity is so thin that you will suffer huge slippage (and nice profits, depending..hehe). Don't have a position around report times unless : - you want to try to profit from the extra volatility - or you hold for long enough that...

I do program in C++, a full automated trading machine, with some charting etc.. After all the rhetoric from several members and fans of this or that language, the last comment "using VB" seemed so back to ground level. and I must say reasonable, the entire thread seemed futile afterward...

LOL

Use slippage to see how your strategy is dependent on the exact price. in your back test, use a fixed amount of slippage (ie use a worse price than the actual open) do the same for the exit (although with limit prices, you can get away with it and still be realistic). it's very important to...

you need a very good reason to develop your own charting package. any of the popular packages would take you years to develop alone (and in the meantime they keep on progressing). while you spend all this time on this, hard to master trading itself which is a full time job imho. don't...

I am in there for long enough to remember when IB did not have an API and did not want one.. lol.. anyway, it's a very good one.. there are some issues but nothing you can't work around. the cost is good :) the samples are very good imo. I use C++ and it's easy to start with the sample...

thing is, usually when a trader makes money he does not tell you exactly how. if only to delay the inevitable time he will lose his edge. usually vendors tell you how to trade, since that's a sure way to get money, as opposed to simply trade. statistically -and I bet you know how statistics...

and he's still making money by the way.

I find this is an interesting thread. usually they die faster than that. yes, it's like any other business. many business have cycles, ie they are 'profitable' 6 months per year (or less !) still they open everyday. some are opened a few months a year, but daily then. most business have...

well done NihabaAshi. a few additions : - I love people who say it can't be done, they often highlights places of good opportunities in the markets. - emini is not the only futures, although when one reads ET it may seem that way. - all locals, and most market makers (and that includes...

Yannis, yes, my exits have more intelligence than the entries as well. I contend that entries are important. not more important than exits. the debate is endless considering other details and views of the market. Personally I trade a market making style. Entries are pretty underrated in...