Search results

Assuming that each ISP has 99.9% uptime, and they are running through separate lines, there is only a 0.0001% chance of both your ISPs going out at the same time. The chances are probably very slightly higher due to the possibility that both ISPs might be affected by a single event such as a...

Just using math without any underlying fundamental premise is, mathematically speaking, a near surefire way to fail. I use stats extensively in the creation of my trading systems, but they all have an underlying fundamental premise to them.

Learn C#, and use NinjaTrader. It is free as long as you don't trade live through it, so that alone will save you a lot of money over time. Since C# is a compiled language, it is very powerful. I would also recommend a sound foundation of statistics knowledge before getting into this - it will...

I've finally managed to get my system almost to the point where I can trade it automatically. There is still a few kinks to knock out, but it should be done within the next week or so. Until then, I would like to setup an account at a broker that supports auto trading through NinjaTrader (the...

I can do NY. If it is in Chicago, my apologies.. i must have read the thread wrong. I just read that the buy ins are $500-$1000? I'm a profitable trader, but still a small time trader lol.. $200 is very doable for me, maybe $250. if it's higher, hopefully in another 3 months or so, I can join...

This sounds fun.. I'm game.

I can also run the basics of my back-test criteria through my head, and usually do before I code something. However, for running more advanced tests with more extensive calculations, you'd most likely need software, or at the least, something to write on. Even a savant would have trouble running...

this was my first car. when i had gotten it in high school, $5 to $10 got me anywhere I wanted for a week. I find it ironic that this thing is in demand now. I donated the car when I was done with it, but originally was going to sell it to someone for $200. A day or two before the sale...

If I could go back in time, I would still want to go into the field of finance. When I first started trading, I was strictly in it for the money. Admittedly, I am still in it for the money, but now I also love the what I do. When I think about it, I realize that I could have started out in a...

I find it interesting that so many people start out in this business because it has an allure of "tons of easy money". Admittedly, that is why I got involved with trading. I let myself get distracted from school by this allure, and realize now that attaining success through the academic route...

I'm pretty sure quanthouse is the more advanced version of openquant. It is geared more towards institutions and more sophisticated traders.

Regardless of the market, forex or stocks alike, setting stops based on how much you are willing to risk is not wise. The market doesn't care how much you can afford to risk, and wont move accordingly. Set stops where the market has a lower probability of reaching relative to your profit...

ET is notorious for bashing anyone that claims to make any sort of profit in this business. Consistently pulling $5k a day from the market is one thing, but having a thread on ET with people congratulating you... that's a different type of success. Congrats Szeven.. I hope things keep going...

It doesn't matter what the market conditions are - the majority of people will always lose.

It depends on your risk exposure. I would never risk more than 1% of my total account on a trade. Actually, 1% would be agressive for me... I risk a lot less than that. $3,800 would probably mean being able to trade 1 contract, if that. I'd say get at least $10k-$15k before starting.

Innovest, I am glad to see that you have a good persepective on things. I did not mean to misjudge you, or judge you for that matter period.. I just wanted to get across that idea because all too often, I know that people get their priorities thrown off. As for your view on swing trading vs...

Read the above to yourself again and I think that you will find the real answer to your question. They might not hate trading - they hate what it is doing to you. There shouldn't be something that causes you to refer to your family in that manner. Even if my trading software somehow magically...

alaska? well, if u wanna get that serious, let's just go to the heart of it all.. Tuvulu.

I'd be down for some chit chat. To be honest, I don't really discuss the deep technicals of how I trade, but meeting with some other traders that know what they're talking about is always interesting. How's about sometime in the next two weeks? If people are interested..

I have had several potential investors keeping a close eye on one of my systems for quite some time now, and they are at the point where they want to start implementing it live. I have been doing some research on the process of setting up an organizational structure to undertake such an...