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MacroEvent, I must not understand your system correctly. From my understanding: When activating your system you have 50 contracts long in the long account and 50 short in the short account. Say the starting price is 1200. When price goes up to 1201 you want to add 1 contract to the...

The trick to reading Grob's attachments: - Use IE or - Save the file, rename it to .doc, then open, or specifically open with wordpad/MS word.

Buying OTM options is like playing the lottery, lots of little losses and rare giant gains. Selling OTM options is like playing Russian Roulette, lots of little gains and the rare giant loss. Most people prefer to play the lottery because they prefer rare giant gains. A few people play...

It doesn't matter what you like and it doesn't matter what I like. The question is whether your strategy requires you to hold overnight. I don't like holding overnight and I really hate holding over the weekend, but I do it anyway because my strategy requires that.

MacroEvent, Yes, I understand that your system can profit from 1 point oscillations, and that's the beauty of the system. That explains the capital requirements because you have to be able to carry 1 contract for each point in your projected range. 80 contracts for your range, that's a lot...

nitro, lurefo, Does what you say have anything to do with the fact that: the fundamental philosophy behind a limit order is counter-trend, whereas for market order it's trend following? For example, it just doesn't make sense for a trend-follower to use a limit order because he's fighting...

MacroEvent, So how is your strategy different from someone that trades from one account but short 2 units for each +1 point and long 2 units for each -1 point? Your 50%/50% point is my flat position point. Your 100% long point is also my 100% long point, same for short. And what do you do...

Bleh, this thread is not worth the drive space it's stored on at 3GB/$. Oh and venerable Mr Bird, if you have a 8 figure net worth you could do better with your time than wasting hours perpetuating this thread.

1. Right click on your desktop -> Properties 2. Select "Screen Saver" tab 3. Click "Power" 4. Select "Advanced" tab 5. Change "When I close the lid ..." to "Do Nothing"

http://www.elitetrader.com/vb/showthread.php?s=&threadid=52450&perpage=1&pagenumber=19 Reading Grob's posts, it's clear that he had very different experiences from most of us, and thinks very differently too, thus the different communication style. It has little to do with IQ. I had to...

Your central message, I think, is of freeing the mind and the commitment to always learning. This is of course applicable to every aspect of life. The signifcant exchanges you had with ET members in this thread appear to be focused on unchaining the mind. FuturesTrader71 was perhaps chained...

Sounds like he doesn't believe what he did were classic trading errors. So it's not a matter of how, but why. How about making a deal of some sort (so you get to do something he wants you to too), to make him start keeping a good journal? If his trading timeframe is not too long he can...

Thank you, Jack, for taking the time and pain to share your views. Why is it so important to remove my starting capital and trade with early profit only? What do I do with the starting capital? Sock it away in a Swiss bank account or spend/enjoy it?

The answer to that question mostly depends on the person in question and what exactly he's stuck on. All I can share is a little personal experience. I started early 2000 and lost a lot of money in the dotcom bust. For many years I never quite figured out what the mistakes were, until I...

So do you act more like an engineer who applies processes to manufacture things efficiently? That as opposed to a scientist who tends to be detached from whatever she's studying. It would make sense from your involvement comment. Another thing that you tend to say is that the edge as most...

Think I misunderstood what you were trying to say. Let me try again. Are you advocating the use of the scientific method in trading? BE rational and inquisitive -> DO apply the scientific method (iterative refinement) -> HAVE a model for success In applying the scientific method...

Jack, I find it hard to follow your train of thought at times. Here I'll try to restate your exchange with Albert Cibiades. Please correct me if wrong. You don't like the word "predict" because it implies "getting ahead of the market", "taking money from the market", in any case DO...

Computers are an extension of your mind if you know how to program, much like a gun is an extension of your fist and a car is an extension of your feet.

Too much analysis can lead to debilitating paralysis too. Nonetheless, you're right to try and convince him, I hope he listens to you.

You can get all the detailed transactions from http://online.penson.com This problem is easy to spot if you have some general idea of your margin usage, or if you have some basic tracking software such as MS Money or Quicken (can import directly from Penson). Can hardly expect MBTrading to...