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Damir's system is called Noisebox. He is exploiting the market's naturally occuring noise in his exit routine. This is the reason he doesn't care whether his system signals an long or short entry signal. He knows the nature of the market is to oscillate, backfill and retrace. The market in doing...

The answer to your own question is in your statement above. you state "all in your head". You also state "rational" What is it that is imposing the rationality? Is the rationality in your head or is the rationality in the market? Hint: If the rationality is in your head, then an irrational...

If the market doesn't dictate anything about trades, whether feasibility (profitability) or timeframe (how many opportunities to capture X points exist during a given day), and profitability and trading opportunities are truly in the mind of the trader then it stands to reason that I could...

The high for today according to my chart was 1029.5

Just for the sake of this thread, I placed it in the Index Futures forum because the intent is that the discussion should be limited to index futures. Also, while I'm clarifying when I say "volatility" I'm not referring to the CNBC misnomer that volatility = down moves, I am referring to the...

As stated before, and as you seem to state above, there are practical limits to the # of trades that can be placed. And there are also practical limits to the amount of profit that can be made from each market by using random entries and money management rules to make his exits. If you look over...

You don't think volatility has been artificially contracted because of summer vacations, and you don't think that when summer ends the volatility will pick up at least to pre-summer levels?

If this is true, why can't I hypnotize myself to believe I can make $1 million dollars a day trading a $5K account? Your statement makes no sense.

How is 300 times a day different than 300 times in a minute?

Remember that the method damir is using enters with a random type entry, but it exits based on rules. These rules must have a certain expectation about profit size. There are only so many range moves of size "X" in a given day in a given market. That's why limiting the # of trades to fit that...

Each market does dictate a lot about how much profit can be taken. It cannot give what it has not got. It is feasibly impossible to make 6 billion trades in one day on the ES, let alone hope to make profits on those 6 billion trades. This inability isn't in a trader's mind, it is a physical...

No there is logic to this. The market dictates how many trades are feasible in a certain time. If you take your argument and extend it out you will see that a person would need to be able to make a trade a second to fulfill your requirement. Requiring this doesn't prove that random entries don't...

Have you checked your chart lately, maybe you should up your #?

If you read through the dialog between nitro and damir you will find that one of damir's requirements was to be able to name the # of signals during the day. The # of trades taken is clearly a variable he needs to control for his system to work. It is still possible to create a scenario where...

According to my records, for 9/2 the overnight points were: High: 1013.25 Low: 1010.25 It appears you used the 9/1 overnight low instead of the 9/2 overnight low as a result of the Labor day holiday on Monday. I'm sure you weren't the only one who made this mistake. If my understanding...

The implications of this would be that overnight gaps would tend to be enhanced. It seems of late that gaps are actually smaller but I haven't done a study on it. Maybe someone could verify this...

BZZZZT wrong answer, try again.

Excessively patting yourself on the back is a sign of pride, and pride goeth before the fall. Look at alfonso for an example. He was just as 100% correct (check 2nd post in this thread) calling for new highs, yet unlike one attention-seeking individual on this thread who seems to think that just...

Actually waiting to place an additional buy stop limit is a good way to miss profitable entries that jump right through the entry price, not a way to maximize the probability of getting filled. Placing a second buy stop limit at the same price means you are doing stop and reverse trading...

A relatively easy to use atomic time synch program is available at: http://www.analogx.com/contents/download/network/ats.htm With this program, you can run one of your LAN computers as the server and the second computer you can update to the time off your first computer. I presume that you...