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That's only a doubling. Not sure that qualifies as "super bullish".

http://en.wikipedia.org/wiki/Greeks_(finance)#Third-order_Greeks

Just buy a Dell, add on the 3-year "deluxe" warranty, and off you go, no fuss no muss.

Low population density. 80% of people living on farms. We're not going extinct if oil disappears - there will just be a lot fewer of us, living much different lifestyles than today. Given current technical knowledge, it could actually be a hell of a great way to live, to be honest.

Erroneous prices happen in real time, too. Without a clear method for dealing with them in real time, I would be hesitant to scrub anything.

How do you remove outliers from the real world?

IMO it is very high. No oil, people start (literally) starving to death, by the hundreds of millions. Global economy collapses. Dead Mayans laugh from their graves. Etc etc etc.

The topic is - and I'm quoting the OP - "Thoughts?" He gave his, so he's on topic. Nothing that can be said on here will match the learning you get from turning the system on tonight (you're still doing that, right?), and seeing what happens.

This depends on how fast you need to go - how quickly you need to respond to market data and how heavy an order flow you expect to generate. Are you looking at thousands of orders a second? Daily charts and weekly trades? Something in between? What exactly is "coded in Java" - the algo...

Cool story, bro.

Are you planning on taking the system with you in a time machine so you can trade 2008 all over again, or are you going to trade tomorrow's market, tomorrow?

Sure. It's a metal with meaningful industrial uses, so it has an actual value outside of "hedging against reality". Since that value is very low relative to its trading value, it means Gold is by definition in a bubble state.

No non-fiat currencies have ever survived, either.

Belief is not Knowledge. In effect, you are asking how to profit from guessing, and that doesn't have a simple answer.

Getting high percentage winners is easy. Trivial, even. Eg, go long 2% of your account everyday 90 minutes after open, with a 1% gain as the exit, and a -50% stop. You'll do quite a bit better than 90% win rate.

The basic premise is wrong: gold is, in fact, in a bubble. Any asset where the intrinsic value is < 10% of the current selling value is, by definition, bubbling.

I wouldn't worry about it. The multibillion dollar consolidated audit trail will take care of all that.

I would be very happy if the markets moved down another 10%+, especially if it happens quickly. What exactly would you be rubbing in? You might want to work on your comprehension skills before playing Internet Market Karnak.

I don't trade direction. I'm surprised your crystal ball didn't tell you that, too. Yes, it's quite obvious we're in the "pontificate under yet another new alias" bull cycle.

You've assumed the future, there, a rather classic error. It is impossible to know, in the moment, whether the market is "midway into a strong monthly...rally", or whether it is "the strongest market possible". Those things are only determinable in hindsight, when we look back and see how...