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    Getting Started Developing and Trading System

    I started with Metastock many years ago. At some point it became obvious that a commercial product never would be flexible enough, and i wrote my own. Been trading and testing exclusive on my own platform since 1998. PS: until you know what you need/want, try something inexpensive such as...
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    What are websites you check daily for stock info?

    My favorite is marketwatch.com, and briefing.com is also excellent
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    R-Breaker System Performance

    Futures truth tracks it. My recollection is that it's not made a new equity high since ~ 2003
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    Take This Trade, Hershey Traders?

    Just a reminder that this Forum is about strategy trading and system development. I don't want to spend the time editing out insults and rants, and will therefore either move the thread to Chit Chat or delete it. Please focus on JH concepts and move the personal disagreements to CC or PM.
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    windows vista ... yes or no

    I got Vista ultimate on my new laptop a few weeks ago. The only things I've found are: * Firefox does NOT work on EliteTrader, but works on most sites (I've filed bugs on this) * Remote access requires ultimate or enterprise (the equivalent of XPPro as far as i can tell). Remote access...
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    Las Vegas Traders Expo

    This is the big one: http://www.tradersexpo.com/ Las Vegas in November
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    p/l thread 2007 skeptics and detractors

    The P&L Thread serves as a constant motivator for me. I thought I was doing quite well until I saw the numbers PatrickQ was putting up a few years ago (1k-3k pretty much every day). At that time, his consistency made me revisit every little aspect of what I traded and how I traded. It forced...
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    IB data a mess

    This is exactly the problem. SMART goes crazy and makes "poor choices" when the quotes are off. The only solution I know is the one Mr.NBBO gave above. Also remember, that IB quotes are NOT complete. TWS only shows us quotes from the market centers they support. Compare to eSignal to see the...
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    ECHOTrade

    Just remember that Echo isn't a paying sponsor at this site. I know several of their traders and they are reluctant to posts for that reason. From what i know, IBs volume rates (unbundled) are a pretty good upper bound on what you pay at Echo. Plus you get the leverage.
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    The Opening Orders Thread

    Shreddog is the real deal. We've shared news lists in the past, so I can personally confirm he's a master at this. Listen and learn!
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    Saxo Bank Has Screwed Me

    Unless you live in Denmark, why on earth do you trade with a forex broker in Denmark? But they are highly regulated , so I'm sure you can file a complaint with the appropriate Danish agency.
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    Pre-market ArcaEdge order on IB?

    You have to set the time flag to "GTC". If you pick "DAY" it will not activate until the regular NYSE hours.
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    prop firm trader P+L swings

    For my retail stock trading I've managed to keep the annual returns around 100% with a maximum drawdown of 5% (2006 and 2005). That is MUCH better than the backtested results of my models, so I'm expecting to see DD of up to 15% without anything being out of the ordinary. In 2005 i had a...
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    Do not use tradelog for your taxes

    Despite my reserved comments above, I still use TradeLog for all my trade accounting and have recommended it to my trader friends. Schedule D is very hard to figure out on your own, and as far as I can tell, TL does it correctly. Also, when the SchD continuation sheets are measured in...
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    Do not use tradelog for your taxes

    I have used TradeLog for about 4 years and generally found David Eich to be responsive and fast at addressing changes in format, bugs, etc. One thing has changed: David must have hired someone to do his support. My last few interactions with support for the first time made me think about...
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    IB Secure Device

    This is my only real concern. The keys on my first device are very small and almost impossible to use. The 2nd device is quite a bit bigger and easier. I suggest you consider offering replacements with the larger keys should people be interested.
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    The official "Is it safe to download the new and improved TWS version? " thread.

    I upgraded to 870.2 yesterday, and have one major problem. TWS will change focus if another order fills or changes. E.g.: I'm editing the limit price in line 10. An order on line 20 fills, and TWS now moves the "active line" to line 20, leaving edits on line 10 "half finished". Most of...
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    Joe Krutsinger: System Developer

    Get his two books, they are very good. When futures truth ran one of his stock systems for a while, it did not do well. But that's just one data point. His books have lots of good info in them.
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    Any part-time trader here with a proper day job?

    I do this all the time; and i know of others who do the same. You just have to have good solid software. Generally i like to "check in" every 3 to 4 hours at the most, but I've left it from open to close a few times.
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    What's the point in using "targets"?

    Assuming you have a plan or trading model it's ultimately a numbers game. From a statistical perspective there is proably a particular favorable move that happens 80% of the time. This would be a good place to take some profits. For some systems having targets is the right thing to do, for...
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