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I can say with greater than 99% certainty that this system will not work. My posts are blunt, but they are honest and backed by an actual understanding of math. Please do not take offense to what I am about to say; I just want to save you from losing money. This system uses indicators in a...

Thank you. It is a non-referral link so I am not making anything.

If you have to ask if you a system is good enough to sell, chances are that you have much to learn about the math behind testing and developing systems. Consequently, your system will most likely fail. This is not being said to discourage you, but rather to encourage you to learn more before...

What I am about to say may seem harsh. However, it is only said with the best intent. I am the same age as you and have been in this situation. You are in no position to start trading. $3000 is no where near enough to turn a profit in this business with the proper risk control. If anyone...

It is not just about the initial load. When your program operates, it loads files from the disk to run. This is where the much faster read speeds come in. Programs do not cache all information and files into ram. Even files that are cached into ram are often "pushed" out due to size allotment...

Unless you are planning on playing pc games with your system, there is no need for such a high end graphics card. If you want more than 2 monitors, get two cheaper graphics cards. Also, what power supply are you using? Do not get less than 550 watts. I'd recommend 650 watts. Most people...

Most of what I see in threads of this nature are random rantings, wisecracks, and irrational statements. The situation you are presenting is a very serious one, and hopefully I can do it some justice with this post. Two formulas: Your actual day trader "salary" = How much you are expecting...

If you do want to go with a custom pc vendor, after picking out your pc, DO NOT ORDER RIGHT AWAY. Always save the parts list, and review it with a company representative. Ask them for clearly in an e-mail if those parts have any compatibility issues. If possible, keep a case number for the...

She should probably consider seeing a different shrink.

I am not saying this to discourage you, but to save you money. Given the level of knowledge you have demonstrated thus far in this thread, you are more likely to lose $15k a day then you are to make it. A person with the knowledge to make such profits on a consistent basis would not seek the...

Learning about trading is a unique process, in the sense that the conventional resources are unreliable. If you want to be a doctor, you study the textbooks and attend classes, and through that you become a doctor. If you want to be an architect, you read the books and learn from the teachers...

You NEVER expose yourself to risk that you cannot afford when trading. That is a fundamental rule of trading. Doesn't matter what else is said.. you never break that rule.

True, but the above are examples of extreme deviations from what can be expected. Bill Gates being a college drop out is not indicative of college drop outs having a higher probability of becoming wealthy. You are completely right in the sense that you can major in something completely different...

Given that you are a finance major Greg, take a look into double majoring in stats, or at least take up a minor in stats. If taking up a minor in comp sci is too much of a load, teach yourself c++ so you can at least state on your resume that you have basic understanding of some programming...

The following information is based on looking through actual job postings at hedge funds, investment banks, and other places where people ACTUALLY make a consistent, high (at least 6 figures) pay check. In addition, I have talked to several individuals employed at institutions such as Goldman...

NinjaTrader has been great for me so far in most every department except one - back-testing. The problem with NT is that when it sends orders in back-tests, it sends it on the bar after the code tells it to send. This results in improper fills and distortion of code logic. The guys at NT said...

I'm in NY, and am upstate from time to time. I'd be interested in meeting up with some fellow traders.

So I was manually looking through the charts and I noticed some irregularities. The continuous contract I was using to run the back-tests did not line up with the actual contract. Looking through, the continuous contract chart contained bars with 60 pt ranges from top to bottom where the regular...

I do agree with you. I do not want to justify a flawed logic base. Emotions such as pride and ignorance do not do well in the system development field. I'm taking the algorithms back to the drawing board to see if I can get them to intrinsically factor in volatility rather than passing the...

Definitely true. There are traders who can't explain chaos and fractals, but do make a healthy living from the markets. I just find a mathematical background to increase the chances of success, or at the least, reduce the chances of loss.