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It sounds like you believe that once the market starts "rolling down", it would continue to do so. This idea may have been valid around 40 years ago, but not anymore. From all the extensive testing that I've done, you are more likely to profit trading against the trend than with the trend...

If you can make 3% monthly consistently and with low drawdowns, over extended period of time (such as 10 years), you'd be the super star. This will beat the performance of 99% of all the mutual funds, hedge funds, and most of the individual celebrity traders. You'd be featured in the Time...

The way I read it, all it says is that if you deposit new money into your account, you have to wait until the next day for it to settle. This is a one time event, and it's a very standard practice, so what's the big deal?

Here is the exactly opposite view. The graph below shows that S&P 500 stocks are becoming less expensive. In fact, they have never been that cheap in the last 18 years.

Yes, that works rather well if the model for your heuristic contains simulated annealing and flexible modalities, augmented with opportunistically pipelined extensions.

From all the responses, I figured that the key to becoming a successful trader is to have hot keys. :)

You may want to add praying to this trading plan. :)

Well, "romik" stands for "small bottle of rum" in Russian. Why would anyone call himself romik?

I'll say 1700 by year end.

I'd like to know that, too. My theory is that even a single large player can move the markets over short periods of time, so no conspiracy between 200 firms is required. For example, take the monster market such as ES. One would think that it can't be pushed by anyone because it's so huge. But...

Martian slaves? Nope, they dont give 100% never.

The other times of unpredictability are middle and late morning, early afternoon, the "pre-close" hours (1pm to 3:55pm), and the close itself.

JBookTrader version 1.06 has been released.

I think women should have one pair of shoes.

Here is what I suggest: TPI = PP * (1 - (GrossLoss/GrossProfit)) * sqrt(TimePeriodLength) * sqrt(TotalTrades) where PP is percent of profitable trades.

This is better, but still biased. Compare traders A and B: Trader A returned 40%, had 30% Max DD, but his account also experienced 25% drawdowns every single day. Trader B returned 40%, had 35% Max DD, and no other drawdowns greater than 1%. According to your formula, trader A is...

There is a big bias in your formula because it contains the squared return term. Think of a trader B who returned 180% with 99% DD, 12 months time frame TPI =1.8 X (1.8 / 0.99) X 1.2 = 3.93 According to the result, this trader is a better performer than the one whose TPI is 3.24, while in...

OPM has 45 different meanings: http://www.acronymfinder.com/af-query.asp?string=exact&acronym=opm&s=r

JBookTrader is a "sister" project to JSystemTrader. Both are fully automated trading systems, both are open source projects, and both are intended for Java developers. The difference is that JBookTrader is specifically designed to trade based on market depth changes. JBookTrader project &...

Profit factor is what I use.