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You seem to have a very binary way of thinking. Either I am contented with my lot in life, or not. Either I have experienced this threshold and thus am able to understand it, or not. Either money buys happiness, or not. That's not how this stuff works. One does not need to experience an...

Spending 25% on fees is reasonable for a high turnover strategy. I would be much more concerned about the simulated fills, unless you know exactly how it works how can you trust it? I would always recommend writing your own tick backtester to be sure.

That is an amazing story of your journey to become a trader :thumbsup: I am a little confused how you say money itself does not bring happiness but then proceed immediately to give several examples of how having money made you happier. You say it buys time, but as we know time is money. It's...

Sorry but I don't agree to disagree with a strawman. There is no contradiction in what I said. Being content is not binary. I do enjoy trading, but I might enjoy something else even more. Maybe I would like to go back to school and study a different field. That would cost money instead of make...

lol, take a chill pill man. If you read my posts again you will see I'm not blaming anybody for anything. Things are going good for me now, thanks to my own efforts, just like you. The difference between us, (other than my weak DNA apparently) is that I can admit that having money absolutely...

And what enables you to be "independent, not accountable to anyone other than God and your wife and family"? Oh that's right, it's money. Money that you worked very hard for, but still money at the end of the day. So when you talk about money not buying happiness it does not ring true with your...

Never said you didn't work hard, never said you didn't earn your wealth. There is nothing wrong with being wealthy. But it sounds like you have something to prove about how you got there? I think you should just admit that being wealthy is very important to you. If it wasn't then why did you...

What I said was "Being able to move whenever/wherever you want, not having financial worries, not having to trade the best hours of your life every day for money, are all luxuries that most people will never know." You choose to live in the most expensive places, you choose to give yourself 400...

This comes off to me as a pretty obnoxious humble brag and virtue signal. I could be wrong but it sounds like you are super out of touch and have no clue what it's like to be poor. oh wow you only spend as much as someone who makes 50k (an income that would put you firmly in the top 1% of the...

Is the 25K just for playing around/learning? The way you worded it it kinda sounds like you want to make 1.2% per day return.

OP wasn't completely explicit but everything about this thread suggests this is not a discretionary system. Trading discretionary based on TA makes little sense.

No offense but you don't seem to have a very good understanding of how statistical significance works. Trading demo is pretty much worthless for increasing statistical significance of a rules based system. Did you read my earlier post in this thread? If you demo for 6 months (that is a lot of...

My understanding is IB's smart router will only check every exchange for hidden liquidity if "seek price improvement" is ticked. This is regardless of your order being lit or hidden. I could be wrong so if this is important you should probably contact IB to be sure.

So the hidden orders are very likely to fill prior to the NBBO getting taken out. I agree but that's not the same thing as "prior to other lit orders". Correct me if I'm wrong, I don't think most smart routers will sweep for hidden liquidity. With IB's SOR you can do it by ticking the "seek...

Is it really true? Why would the hidden orders inside NBBO be very likely to fill prior to lit orders and how is it related to lit orders being protected? A simple smart order router that routes to the best price exchange will only have a 1/N chance of hitting you assuming all the exchanges are...

So you changed your mind about what protected means? Or are you saying I misunderstood your point?

Studies have shown that money does buy happiness, up to a point. It's pretty hard to be happy when you are living in poverty or financial uncertainty. Not knowing where your next rent will come from is extremely stressful.

You just told us that your only edge is buy the dip and hold. Sounds to me like you aren't a trader at all, but more like a value investor.

No. Hidden orders are not guaranteed to be not traded through as they are not protected. What you said is only true within the context of a single exchange. For example if I have a hidden buy order on exchange A, exchange B will happily fill orders below my limit price because B isn't aware of...

That's not what protected means. Hidden orders can be traded through on other exchanges than the one where they are resting. Visible orders can't, except by special exempt order types (e.g. intermarket sweeps)