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Well, that's not fair. You have a smart crow helping you.:p Tom

I never said not to use <b>hedging</b>. I always said that <b>stops at single trade level</b> are among the least effective way. Further, they allow the dealing desk to rip you off more easily. It's a scientific fact, easy <b>provable and replicable with rigorous experiments </b> that there...

Ever wondered why every forex dealing desk (which is taking the other side of your trade) gives ample recommendations (the web is just flooded with that) to place your stop ? http://www.etoro.com/education/placing-stop-order-your-trade.aspx Clearly, they wish you to rip them, because they...

Have restarted. only 11 hours. Have been doing a lot of simulations last week. I have some (small) performance improvement: so am running a parallel test with the new strategic variation (making use of the 2 additional strategic layers). For now they are "aligned". It's not a large...

The basic problem with the mechanism of using stops on single trades is that it is "inherently" weaker than others. A wildly smart trader could anyway be profitable even systematically closing unprofitable trades, especially because he develops an instinctive feeling about entry points and...

have you browsed this page: http://www.interactivebrokers.com/en/trading/exchanges.php?exch=dtb&showcategories=&

Trading with no stops on single trades does not mean absence of protection mechanisms. More advanced approaches use multiple strategic layers. For instance, one can use 2 layers for the main scalping game and 2 additional (nested) strategic layers with an <b>higher frequency counter-scalping...

I have never heard anyone using that expression with IB. On the contrary, i have heard many people pleased with execution, including myself. It depends on what you mean by "slippage". I trade automatically with lmt orders and all orders are executed promptly at the lmt price or better...

Well i did not mean to take the position of one who wishes to "teach" anything. I am actually the one always ready to learn. Just, as you were stressing the "predictive" component in the original post, i wished to make you aware that there are also people who may have a different view...

Yep. Nobody uses martingales for trading, unless suicidal. It's not so simple. By appropriately overlaying several strategic layers, one can arrive at a point of "balance", where the system will self-hedge. It's not easy and intuitive, nor something achievable in just few years of work. But...

http://www.elitetrader.com/br/ Many scammers out there. Stick with those most reviewed, and with best reviews. Tom

http://www.elitetrader.com/br/ If you check out those with more reviews, you cant be that wrong ... ;-) Tom

I tend to agree with this view, rather than not. Stops can be used of course, but on an exceptional basis, more than a systematic manner. Especially if we talk about automated systems. There are more effective ways to hedge, and i think i have been demonstrating this practically many times...

I am so sure that publishing URLs in his shameless fashion will make the mods deliriously happy... ;-) ... let me know in case, i will happily contribute! :-))) T

Well, i do not think the question reduces to being "wrong" or "right". More simply, based on actual experience, i have always been trading based on "no prediction" assumption (within automation). And i have usually exceeded other automated approaches, based on prediction. see for instance...

Personally, I disagree with the above apodictic view [not because of philosophical beliefs, but simply because i know it does not correspond to (my) experience.] There are more facets to the question, and other ways to build an hedge ;-) In my view, it's actually more likely the...

I have banned prediction from my strategies (as nearly everybody knows ;-)) ). On the other hand, i do think that price is a factor which exercises some influence on the future price trajectory (although predicting it is another matter). People (and automated systems, consequently) do...

IB is still the very best (and free). There are many losers and scammers around. Beware. Some will (try to) charge for API, and some arrive to (try to) charge for "conformity" testing. ahah Plain business stupidity. Automated systems generate thousand $$$ in commissions for the...

Reached the end of the week with a very good realized (35K). Next week (starting sunday) i will try a new strategic variant, adding 2 more strategic layers, and comparing with the previous version. I am currently running simulations and i am seeing some (small) improvement. Will see if it...

It all depends on strategy. I find higher profits in this mkt , instead. Tom