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I miscommunicated there. I/we trade 4 time frames at the same time. And with different methods and markets. This, in an effort to smooth the equity curve for our associates. That's why you would read me talk about different markets or trading style depending on the post. Including discretion...

1) no doubt. any trader should fully understand that. non linear it is. just like the weather it is predictable very short term. - the comparison goes further : although only predictable short term, seasons do apply to the markets too (it is statistically possible to know when in the year the...

I fully agree. You can make it when you know when to hold and when to fold. This is so key. It's one of the way to find the 'holy grail', the real one, the one inside. When you lose (and even later when you finally make money) analyze ALL your trades. Find when you should have hold...

I receive sometimes private messages asking me about a platform or another. I want to remind members that moderators are not affiliated to any sponsor, so I won't answer these requests as such. believe it or not, we are actually independant. tntneo

I have one for you : S&P500 947.95 it moved +0.75% where will it go before your account lose 10% ? :D

I think it's easy and cheap to say that one is the best in the world. I pity traders who believe such statements. I expect them to be smarter than that. why don't you all stick to facts, getting too much bad rap from members here.

Nice stats. the issue is do you confirm your live trading matches or not ?

LOL publias !!! :D I hope others don't get the wrong impression (I know publias is kidding) : I don't believe in high rate performance. That's the recipe to wipe out soup. I choose low performance and super reliability anyday against high performance. consistency is the key, not...

30 points means nothing. is that 30 points per contract ( :eek: ) or 30 points with n contracts ? you may have there the misunderstanding. anyway, bottom line is you have both few people making a living and a vast majority wasting their time and a few who will migrate to make a living...

missed boat, my remark about people not trying it, was not to you. I want to make that clear. But to others who dismissed it in former threads (even before it was available!). now and again, it's just a tool. and some tools are good for some, not for others. not because of the person but the...

I agree with CalTrader, AAA and Darkhorse. These are other catches and important remarks. Surely a system that worked in the past won't necessarly work in the future. That's why you often read "nothing works all the time". another important point overlooked with system trading. I defended...

Using the close is fine. in fact you can use either the close or the open to enter. The danger is to use indicators based on close and enter within the same bar. that's a bug ! nothing against the close itself actually. But consider open also (if you can build indicators based on the open...

OK, then it's research. It's good. We use this to enhance and debug systems while researching them. my remark about forward testing was only to advise against trading based solely on a forward test. An idea may work for a month and seem the greatest thing since sliced bread. Then you go live...

OK, let me add a few reasons to the pot : - backtesting code is tricky to write. so you need very qualified people to R&D a system. not everyone can do this properly. even for a simple system, you need to code properly slippage, execution and system failure. - nothing works forever. that is...

well, OK. Too much flexibility may concern some traders. Well, I remember the same kind of concerns regarding decimalization. I'd like to remind you something though. candle bars are NOT the reality of the market. (I would argue there is no 'single reality' but that's another topic). the...

Gap thingy : it's not 100%. it's high win rate though. but it's not rare to see the market never look back on you. this setup is well known, as well as stops on it : time stop of 30 - 60 mn confirmed swing against you etc. otherwise, as metoxx is pointing out, you'll get ugly drawdowns...

A lot could be said about it. People should try it, it's pretty obvious after a while what you should do or not. Sure, stepping in front of size is possible, although if you have size, it's better to pick the the ask. the book is good to find support and resistance ultra short term. it's even...

if the stock has too much volume it is pretty useless. with lower volume stocks this tool is the best thing since sliced bread. S/R and tape reading is much easier with it. since these stocks have bigger spreads too, open book is a way to rob the bank. they are many nasdaq traders or prop...

BRILLIANT !

I agree with candle. There are all kind of concepts you can think of (or read anywhere). While you need 1 or 2, that's all. more importantly, I think it is critical to see exactly what the others are seeing. How can you be with or against them (depending on your style) if you see...