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Exactly my sentiments...

Bill, I was the head trader of equity derivatives/emerging market equity derivatives at a major IB..which is still in business:) I now understand where you are coming from.. But you are way off the market in your assessment of "flow"...

IBill, You are being somewhat naive if you do not think "order flow" is massisve edge,and "somewhat" is being kind.. Keep in mind I was referring to investment banks.. As for SS vs the others you mentioned,it is vastly different,and I do own the other programs.

The EDGE is in having flow. People pay for flow Forget commisions....

I dont think your examples a are a Buy Low sell high issue,it is more the way you are managing the trades.They are radically different,and in case 2 you have set a 10% profit target with no stops. The second approach needs a stop,otherwise you are comparing apples to oranges.By that I mean it...

Trading customer flow is illegal????? Its called market making I take it you have never worked in an investment bank..... There are a handful of traders who can successfully exploit an "edge",and I am not talking about credit or financing edges... Cant comment on systems I am not...

Bill,there is no edge in trading unless you are trading customer flow for an investment bank, pushing obscenely high vol on customers thru structured notes,or happen to excel at information arbitrage....For what its worth,this is coming from the ex head trader of equity derivatives at a major...

Hi Bill, I think we have a slightly different view on how we define the"discovery" of trading systems.You are correct that SS comes with 2500 pre programmed rules which are 100% disclosed.The user also has the ability to program their own custom rules and formulas.Rules may be selected as...

Hi Ron, The program comes with over 2500 rules.The rules are sorted as Primary Entry/Exit,Supporting Entry,Supporting exit and Supporting Entry and Exit.You must have a primary rule,but all the others can be random or never. With that said,you can select all/some/none of their rules,or...

Hi John, There are many different "levels" of SS. There is the traditional backtesting platform such as Amibroker,and is not that much different than other system software.Let me state that I am not a proficient programmer,so I am not sure of the limitations of SS in that regard.I would...

SS developers are very aware of curvefitting and have added several features which significantly decrease the likelyhood that a systems succes was due to curve fitting... Just to name a few... Walk Foward Analysis with parameters being reset at predetermed intervals Alternate data...

Probably bullish Equity holders are $%^$ed,tax payers are %$^$ed,credit holders get oxygen.... BULLISH short term,but the problems still exist

Pardon my ignorance,but how in the world is FRE/ FNM paper rated AAA by S&P,and they are now essentially in a pre bankruptcy?? Am I missing something?? Nice to know that the equity holders are going to be wiped out,and its good old folk like you and I theoretically guaranteeing the debt...

I believe Amibroker has what you want

Anyone ever use a program called Insider TA? Its oriented towards volume studies,and somewhat interesting... Any insight appreciated Tao

It is absolutely ludicrous to base ones trading soley on Condors,butterflys and all the other 4 legged beasts that these guys prop up.. By and large they are cheap in high vol,and expenive in low vol assuming the strikes are close to spot.. By the time you cross bid offer spread to...

Its a very easy program to use.I would reccomend watching the learning videos.It is not a black box in any way,so you do have to put some time in. The developer is a great guy and 99.9% of the time responds the same day...

Yes,the latest release can be used for futures

I think StrataSearch is one of the best products on the market,and certainly the most unique.I have used or demoed everything on the market,and SS is my favorite. I would strongly reccomend taking the Demo..

Jeb is correct assuming that you buy puts on the specific names that you are long.As it appears that you are more concerned with market risk than specific risk,you could/should buy index puts against our portfolio. There are several things you should think about.For starters,how well does you...