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  1. V

    Expectancy above .50??

    In my experience there are only really a few things you need to watch out for: 1. Profit Factor. Should be > 1.5 for a tradable system 2. %Win. I like this > 50% 3. DrawDown. Try to keep drawdown less than 10% of max equity (with whatever position sizing you choose) at any time and CHECK...
  2. V

    Tight Stops

    ttw144: this is getting embarrassing. I'm closing the thread. You've had many opportunities to "prove" yourself without attempting to insult anyone who happens to disagree with you. Not to say that your "opponents" are saints (they are being dealt with separately).
  3. V

    Tight Stops

    You post for everyone to see: http://www.elitetrader.com/vb/showthread.php?s=&threadid=61514 There are quite a few who post pretty much every day - highly respected.
  4. V

    Tight Stops

    ttw144: The good news about EliteTrader is that we have a forum called "Trader P&L 2006" If you want to prove your case, you simply post screenshots of your daily results as other good traders have done. That should settle the case once and for all.
  5. V

    Tight Stops

    ttw114, steve46: Please tone it down both of you. I don't know if one of you is "more right" than the other, and I'm not sure it's relevant anyway. Please stay on topic (thread title), or I'll have to start deleting posts. And as I really don't want to spend a lot of time editing out...
  6. V

    IB: ocaGroup size limitations?

    I tried posting this at IBs support site with no success, so let me try here where the experts seems to roam: --- For IB: Are there any server side limitations on the length of an OCA group? Specifically, is there a SERVER-SIDE length limit on how many characters are included in...
  7. V

    Don's Openings and More for 2006

    I agree. Who needs an extra stinking $200k a year?
  8. V

    IB Down

    Quote from vikana: I believe this happened to me today. Suddently 30 minutes into the day I get a fill on an order that was placed and cancelled unfilled after the open. I'm willing to accept responsibilty for this one. I can see how my software could have done it, even though it's never...
  9. V

    IB Down

    I believe this happened to me today. Suddently 30 minutes into the day I get a fill on an order that was placed and cancelled unfilled after the open.
  10. V

    Simple questions about fees/leverage

    Search around a bit and you'll find lots of data. But as a comparison, you should not pay more than 1/2 cent per share traded, inclusive of all fees. So 1000 shares should cost you $5 in commissions. Desk/Pro fees run about $400/month. This is mostly professinal quote costs and should not...
  11. V

    Whats a realistic Profit Factor?

    fwiw, my cutoff is pf=1.5 with min 50% win in backtest. If you can't do that, you'll most likely not do well in real time.
  12. V

    Few rookie IB + API questions

    The 50 messages per second is the "true" limit you'll hit with 100 symbols. If you count Bid/ASK/last,volume updates plus orders you'll have a tough time tracking more than 30 symbols. Within that constraint, it works extremely well.
  13. V

    Mr. Williams responds

    I have tremendous respect for LW. I have his books and have met him once. Very smart guy and his concepts are some of the best researched I've come across.
  14. V

    Successful Traders, How Long Did it Take You?

    I think you need to separate "mastering trading/trading well" from "making money". I suggest you focus on trading well with small size (100 shares or one contract) until you consistently can make money with that. When you have learned to "trade well", you can slowly scale up size until you...
  15. V

    C++ vs. Borland Delphi

    I think it's also worth considering that Borland is selling Delphi and their other IDE products. Who knows if it'll even be supported moving forward.
  16. V

    Advice for best traveler's laptop requested

    You should consider the new Lenovo T60.
  17. V

    Does IB take responsibility? An amazing story

    Maybe slightly off topic, but anyway: If I exceed margin at say 10:05. When do auto liquidation start? Thanks
  18. V

    John Carter ?? Great Trader???

    I enjoyed reading his book. Just to check, I coded up one of his YM systems. consistently lost money, fwiw.
  19. V

    % profitable days

    The reality is that sitting through drawdowns can be extremely hard. Individually, some of my systems have max drawdown that can last as long as a 1 1/2 years to get out of; other have max drawdown duration of about 30 days. The only way to stay with it is to trade multiple time frames and...
  20. V

    Anyone Counting Price?

    fireflyx: if you want to advertise here, please contact baron for his rates. I'm closing this tread and will delete it later today. If you remove your commercial web site references from your profile, you may start a new thread.
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