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How do you use the information your calculate in your trading? How does the extra effort toward making a more precise estimate of price help you? I studied Black-Scholes over 30 years ago as an academic exercise. However, I have never used it in my trading which consists almost exclusively of...

I believe these are two different issues. I'm referring to qualifying a system. I think you are referring to qualifying a trader. I trader can have a superior system and still blow it because of the human element. I would agree with your time frame regarding testing a trader's ability to...

It depends on the type of system. Proving your system is robust through at least one market cycle is best.

I'm a retired software engineer. I've programmed many systems using VB, PHP, Fortran (yeh, I'm that old), etc. No longer. Prodigio, a ThinkOrSwim product, lets you use a GUI based method for developing and testing a system. You select icons representing data sources and standard transforms...

With the tools that are available today for system developers that are not programmers make me wonder why you would want a third party developer.

Gee, I counted 8 steps at eHow.

If you slightly more than double your money every year and pay no taxes, you're good to go. Check my math.

That must be why they have so many systems for subscription and so many subscribers.

As the Taoist story ends.. "We'll see" said the farmer.

Perhaps that's why many subscriptions come with 30 days free trial.

I didn't know about this service until now. I think I can live with the terms.

One of the students was 15 when his Dad brought him as a guest to my class. He is now quite successful. Your age is irrelevant. Don't use that as an excuse for not heeding good advice. What is suspect is your system qualification method. "Watching" the market is meaningless. Learn the...

Assumes facts not in evidence. I hope you don't trade the same way.

Backtesting is only the first step of a four step qualification process. You need to learn the limitations of backtesting and perform the additional steps necessary if you want to ethically represent this as a successful system. The second essential ingredient of monetizing a successful...

With your situation, I can think of only two reasons to let others in. Social capital, and economies of scale. I'm not in your range, so I can't speak to the social capital benefits. However, the strategies I prefer, I believe, would suffer rather than benefit from large scale. Sounds to me...

Unless you ask for a better rate. Or at least that's what I did with ThinkOrSwim.

I lost 6% of my capital before I turned things around.

Some brokers let you get your confirms and statements on line with email notifications. However, I did file my TAX address with them.

That's a good thing. Sometimes even the obvious doesn't penetrate.