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How far back do they go for data?

I am looking for a robust backtesting software package that is ease of use and can handle intraday minute bar backtesting (maybe even tick in the future) for US equities. Furthermore, the package MUST have a scanning feature, i.e. stocks that closed at their highs on November such and such...

Bungrider... Is what you are saying accurate? No downtick rule for them?

When Program Traders are trading selling a basket of DOW stocks, I assume they like everyone else is using bullets to get short. volatility will eventually get killed. Anyone have a real time scan of Beta/Volatility on specific stocks relative to their past trading history, i.e. historical...

How are hege funds going to adapt? A fund like SAC that derives over 90% on daytrading is going to be severely impacted. This will undoubtedly have an affect on Program Trading, which will have an affect on the ebb and flow of the S&P futures.

Has this approach been successful in your trading?

Shaq, if it wasn't for the system outage, trust me, I wouldn't have been short overnight. My question really is not focused on homebuilders, however, it really questions appropriate hedging methods for stocks that are not a major component of an index. For example, if I was short MSFt...

As a trader who primarily closes positions at the end of the day, overnights are a non-issue to me. However, one recent trading day, the firm's (which will remain nameless) trading system went down, leaving me overnight with a sizeable (2500) short position in CTX. Luckliy, I came out...

I have "seen" program trading occur when the Spoos breaks a key level, whether on the upside or downside, and immediately noticed large bids/offers come in on various DOW/S&P 500 NYSE stocks. However, sometimes these spurts in volume occur completely out of the blue, leaving most traders...

OK, we all know what program trading is: simultaneous purchase and sale of $1M > worth of stock/ futures blah blah blah...However, has anyone here developed a program trading model or an indicator to anticipate actual program trading occurrences during the day? John

I think you should start that poll.:D

Ebo, should have included that. New poll?

Wanted to get a feel of how my colleagues, equity traders, are doing on a daily basis?

Wanted to get a feel of how my colleagues, equity traders, are doing on an average daily basis. 0-500 501-1000 1001-2000 2001 +

This has been a dying strategy due to current market strength. I have tried to identify market buys, but they hardly look like the classic size step down. A little tougher to find even in this market.

I know this has been a template strategy for many novice traders, especially in prop firms, but how many traders out there use this strategy in their daily arsenal, regardless of experience?

Omar, thanks for the honesty. Money is not an issue since I do trade with my own capital, however, commissions are always a factor, so that is why I am (was?) considering HOLD. TradeScape's system, IMHO, has a way to go in the Listed Trading category. John

Casey, sounds good. Thanks for the input. BTW, where are you now?

Casey, thanks for posting your experiences with HOLD. If you don't mind me asking, what was the reason you left? rates/system?

Thanks, Okown. I will do some sniffinga round since these things happen quite often, i.e. TradeScape & BlackWood.