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Stick with the real Jag - the XJ.. the "contour" looking ones are beginner jags :) I had an XJ8 for a while, and it was amazing how many people didn't realize that they still made the big jag! Every week I'd get a comment "I love those old jags!" - it was brand new!

Well, I think he should leverage his contacts in the industry. Maybe I chose the wrong words..

I disagree.. they claim they are doing it successfully, but I think its pure BS. I include the likes of IBM, etc, in that mix as well. Plenty of our clients thought they had successfully off-shored through us, but they hadn't. Our CEO was Indian, and he could talk rather convinvingly - but it...

Decent experienced developers in the midwest are making 80-120k a year. Unlike NYC, one can live quite nicely here on that :) It's not i-bank work, let alone quant stuff, and academic credentials only matter for interns :) offshoring: It's a pipe dream. I was a Sr manager for an IT services...

I suppose the standard "hirable" skill set would probably be C/C++/MATLAB. .net and Java are "interpretted" languages, ie the do not compile to an actual native executable but run through a VM. This is considered a drawback to to many doing development in this area, as it's "slower". Now...

I think people get hung up when they hear "7 figures". It's purely an ROI equation :) you want 1MM a yr? become a 20% ROI trader and trade a 5MM account. It seems people might be losing sightof the fact that building up to a 1MM/yr trader starting with 25-50k is not nearly the same as starting...

LOL.. why do people keep telling him to try TS? He's explained that he uses tick data, not simple o/h/l/c bars, as well as marketdepth, etc. I haven't seen TS for a couple years, but it didn't have those capabilities in back testing back then. My opinion: I've built automated systems for the...

I'm not saying they were "phony" ticks.. just that every now and then there's a momentary price that comes along that's outside the "normal" spread (ie, the small spikes you mentioned).. as a discretionary trader, it might just be a quick blip that one would see before orders stepped up to fill...

I've had even smallish legit "outlier" ticks regularly mess up automated day trading systems. The original dream of coding the "trading bot", then being able to go my day job while it traded for me was quickly crushed when I had ES executions getting triggered from prices 3 ticks away from the...

This is what "forward testing" is for the most part, and hopefully practised by most system develoipers. It's a lot easier/quicker then relying on paper trading to see how the system works on out-of-sample data :)

Historical bar data is usually just open/high/low/close over a certain time frame, not bid/ask tick. Maybe TS is no longer like this, but it was 3 -4 years ago. My historic tick data I built myself off a RT feed, by simply logging every tick. I understand that some people do in fact have...

Whats the deal here? you spam every thread it seems with links to your journal. Worse yet, it's "copy-paste" without any attempt at relevency to thread. At least throw in some relevent commentary..

so far, nearly every system I have backtested did better w/o scaling (entry or exit).. I realize one can't prove a negative, and that it may simply be the strategies I have migrated to don't do as well with scaling.. but over the past few years this has been my experience. It seems just...

random entries woud be 50/50 if the the market were random. The assumption here I believe is that being a trend, the market is no longer acting in a random fashion. I also would think MOST traders who are not on the floor operate on the assumption that markets are NOT random.

TA: technical analysis.. I think by asking that, you just opened yourself up to a lot of "just give me your money, it's quicker" type attacks :) you've just put blood in the water... If your trading a MA crossover, then you will no doubt feel some pain when the market doesn't trend...

FYI: they have another section of the site for trade journals... you might want to start a thread over there.

hahaha I'll take my lumps :) but you have to admit, someone just hearing that someone else averages down and doesn't use stops would set off all kinds of alarms in their head if they experienced a crash, bear market, and enron-type fiasco's.

How many years has then been successfull? I ask this because I have been in the markets since 99 (not long, but long enough to learn some brutal leasons), and I know TONS of people who averaged down (and never used stops) about 5 yrs ago and they lost everything. And they rationalized all the...

I've built my own software for automated trading, backtesting, etc. My feelings are it's very tough to backtest a scalping system unless you have the actual tick history - bar data will not provide any results I'd be comfortable with as you never know if you're dealing with the bid or ask, all...

I'd prefer doing it trading. I personaly bill about 2000hrs a year at 75-100/hr, which is no where near the 1MM. I've hit that in revenue when I've had a few more contracts that I sub'ed out to independents. There's also times when the IT market has slowed down to the point that I've accepted...