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fibs rule. look into fib zones created by multiple fib overlays. fibs need to be combined w/ other indicators too for signal strength. use them like other pivots. so many other traders use them in that like other indicators there is always interest in the fib levels especially on the larger...

Hey Increasenow, I am making the transition to futures from years of stock day trading - stocks are a heckofalot more work and less leverage - tired of it. I will be running a grey box HF scalping system for the ES and manually trading others. Maybe I will post a journal as well. Good trading.

been with TS for 6+ years - no complaints - good auto strategy development API - cust service not bad - reliable - i give them a thumbs up

Back testing is a waste of time. 30 days is not enough time to test anything. You need to test over a wide range of different market conditions and that could take months. I run my new auto-strats on live sim (all live trading rules apply and execution is real time) for a while to make sure I...

Trade efficiency is key to my style - I would rather have 1 trade per day (100% efficient trading) that meets my goals than the sum of 20. Because in the 20 there will be losers so efficiency goes down to 60% , 70% or so and commissions are higher and my working capital is stretched thinner...

yeah my screen is mostly sideways. market is hesitant after that sell off late last month and early this month. I am seeing daily maybe 2 or 3 good catchable moves in the 60 or so I monitor. One good thing is bigger moves are hopefully coming soon.

add only when you have another reason (entry) setup as long as your current position has not reached it's target or stoploss. it should also have it's own set of rules (target, stop loss, etc). trading around an existing position is a great skill once accomplished.

Are those broken horizontal lines floor pivots? or what? If meaningful S/R lines then why did you not respect them and loosen up your stop? If your scalping pennies why did you enter at top of a tight range and not bottom? Sit back, relax, trade lighter, be more selective, don't worry about...

TS is ok, but not for HF, rapid fire tick trading. If you seek 1min bar trading or slower TS should be fine and it is easy to learn to program. True, a hundy a month cost but if your trading that should be negligible and they waive the monthly if shares reaches a upper limit.

I have been on TS for 6+ years. I have not had much luck with HF auto strategies. It seems to work best for non-scalping , swing related auto strategies. I run a Line Break auto strat that does not base anything on time, pure price targeted entries but it is patient and it works well. I also use...

I programmed one for an auto strategy years ago. Abandoned it because the trades were far and few between. Now that could have been because of the markets behavior at the time or a number of factors. However, you got me thinking, I will crack it open tonight and revisit just for fun.

Not many funds here or prop shops but I know others are out there. Looking to form club/group to discuss strategies and black-box development.

best single rep 325# while weighing in at 192 and no bench shirt or wraps. This is respectable but not good - I know another individual in same weight class single rep 465# w/o bench shirt can talk weight lifting, martial arts and trading all day - :D

Not sure if this thread is still active but FWIW. Denver isn't exactly a major "financial hub" so we have to make our own industry. Very few funds that I can find except for commodities. I am in CO, I trade remotely and like the idea of a club/group trading thing. Also interested in...

wow there are a bunch - some free, some for pay. IMO if you are new to trading, watch how your room trades for a while before committing a dime. I have been in rooms (many over the years) where they are obviously simulator trading, where the basis for the trades are random or poorly planned...

Hey I have read the book and traded for a while with those guys albeit a few years ago. No issues. At the time they seemed transparent and on the "up". Worth a check out IMO.

? GS just broke $150. as a swing trader I would rather see downward momentum fade and upward momentum increase before I would grab a falling knife. check your daily charts of obvious channel break, topping patterns, MA breaks, etc. I would wait and see - just my opinion.

Tradestation EL is pretty easy stuff. IMO it does not do HF well or at all but down to 1min bars it cannot get any easier - I do not run math intensive algos either so no opinion on that.

Absolutely hilarious! :D Seriously Ripley, buy an expensive sports car and join the local club or hook up with an attorney who specializes in private equity and start paying for rounds of golf.

my 2c .. no idea what the future holds but for me if GLD breaks above 113 I will watch for long entry or under 106 I will watch for short entry. but that is my "if, then" method and my opinion