Search results

So Jack: Why don't you post code or specific algorithm for this? Some of us would be delighted to code it up and settle this once and for all. I've spent hours trying to decipher your approach, but never could. Now I'm offering you the opportunity to be specific and get your concept...

This thread seems to be getting far away from the 3*ATR question originally asked. Please take the insults and random rants to chitchat.

I can confirm that you should place orders as GTC and allow execution outside RTH. That's just about the only way to ensure that some ETFs execute. SMART gets stuck at times.

I don't speak with any other moderators about my posts and have never been asked to do so. I rarely engage in emotional issues, such as JH and his trading. But from time to time, I just can't keep quiet. If it isn't obvious: I think JH makes no sense, and I doubt he can substantiate anything...

If Jack actually wanted to settle this dispute he could do it in a few seconds by simply posting a few months worth of account statements. In stead he chooses to spend hours posting long rambling incoherent messages, often unrelated to trading.

If you have system where wins and losses run in streaks, you should consider yourself lucky. It's the ideal setup for improving things with position sizing.

That's definitely the case. IB/TWS makes it very expensive to route anywhere but SMART via the API for instance. Combined with the recent changes in minimum commissions, it's enough that if you think you can get a decent amount of rebates from ARCA (and other ECNs), you should consider a...

you need to set the route to ARCA, you'll get the rebate if you get hit. I don't think you can set a "dont route out" flag via TWS.

I use statistics extensively in all my systems, but as a tool, not the underlying concept. In my opinion, there has to be a valid premise behind any trading systems; otherwise you're just data mining. You could strike gold - i just consider that unlikely.

IB also has what's called "friends and family" accounts.

You have to remember that H1B are for "highly skilled" employees, typically someone with a Masters degree or higher. The employer (the prop firm) would have to pay prevailing wages (anything under 70k is unacceptable), AND provide evidence that no US citizen can do the job. Not likely for...

several years ago i purchased about 10 systems (fully disclosed) from Dennis Meyers. Good solid stuff imo, and not expensive He's published varients of his systems since the mid 90s in TASC primarily www.meyersanalytics.com No affiliation.

yes, I've seen that today for the first 45 minutes. Seems ok now Edit: saw it in the papertrading account, not the real ones

I use the following little trick: assign an OCA group that encodes the system name. If you use the API, you can get the OCA info back as part of the fill events. I've made an enhancement suggestion to add "tagging" in the past. Maybe you can do it, and I'll vote for it :)

I suggest you go back and read *all* of Mr "Keep Don Bright Honest", aka EricP.

I'm with lindq: If you can't express it in such a way it's programmable, you haven't figured out what you're trying to do. Everything so far in this discussion is programmable, if you have the data. Trading (imo), is all about tilting the probabilities just a little bit in your favor...

that would be 100 shares

All profitable systems exploit some market inefficiency (mis-pricing on a shorter or longer time frame). At least that's how I look at it. That basic inefficiency might get arb'ed out, diminish or somehow manifest itself differently. Small examples include moving to decimals, ECNs, dimished...

Gerald Appel makes a lot of sense for investment style systems (imo)

I print the reports to PDF. Works well