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This is an interesting thread. I love the answer there are winners and there are losers. But then again sometimes the only difference between them is the winners are the ones that just kept at it until they figured out an approach that worked for them. I learned how to trade simply because I...

Interesting discussion. It can be a balancing act between taking enough trades, and taking the best trades. I tried a variation of a strategy to get more trades but the trades weren't as good and so it felt too much like churning my account. I trade several strategies with hold times from a...

I trade by myself using strategies that I mostly learned myself, though collaboration with others was a huge help. To me it is a disadvantage that you have a target goal within a target time frame. I have a goal in mind for my results but the opportunities the market presents vary and so I...

Well I think your joking, but on the off chance you are serious, then you might as well take all your money and go buy lottery tickets. It sounds to me like you aren't willing to put in the time and effort to really learn how to trade. If you just blow it all then you can be done. If you want...

Hi, Here's a hypothetical portfolio that has been running in real time automatically for a little more than a year, so all out of sample: Quick Stats as of 2/17/2011 Total Return 146.31% Benchmark Return 20.69% Active Return 125.63% Annualized Return 131.12% Annual Turnover 2,604.85%...

Lazar, Sounds like you have a very bullish bias. I hope that works out for you. I do appreciate you taking the time to respond. I'm sure it is difficult lay your ideas out for comment and criticism.

I am not clear on what you are proposing. If you think the momentum pattern is low probability then you would fade it? That doesn't sound like RTM, but whatever can give you an edge is worth exploring. I view RTM like a stretched rubber band. The farther price is pulled in one direction in...

About 3 days. Larry Connors has done some good work in this area. I don't use his services or tools, (and would never pay thousands for his seminars) but I recommend his books.

There is more than one way to trade reversion to the mean. What I am doing doesn't require margin and it hasn't broken down in the past 4 years of live trading or 10 years of backtests. Then again it is not scalable to the fund level either.

He is the one that came here asking for advice and comments. I think it's been said enough times that he could have more downside protection. But then I think it was questioned how he earned 60% a year, and his answers just don't add up. This is something I looked at so I happen to be set...

Who cares what the market does? My long RTM strategy has a correlation to the market of only 11%, and that's in live trading for over 2 years. And why not do both, RTM and trend following? That's what I do. They both work. To the OP, I won't say how I identify RTM stocks, but I will...

Most of the time, and sometimes buying the dips is a disaster, just ask the Japanese. Most non-traders seem to think traders are overly aggressive, and some are, but for me the risk of a buy and hold strategy is much too high. It is certainly much higher risk than the combination of the...

Zecco. They have no minimum balance, $4.50/trade commissions. I have an account there and I am happy with them. They are no Interactive Brokers (I have an account there too) but they are a good low cost broker.

Why should it be this way?! Would you buy a car that didn't work, or a computer, or an ipod? And in case such items don't work consumers expect warranties to ensure the items work or it will be fixed, or their money refunded. Why should anyone spend money, much less thousands on trading...

Buy and hold is a scary strategy. I noticed that you did not respond on what your correlation to the market was. Perhaps your returns were due mostly to beta rather than alpha? I learned the hard way that strategies that can make money exceptionally fast may also lose it exceptionally fast...

+1. Since that isn't going to happen, the comment that I think best sums up how this will turn out is:

The best guidance along these lines that I have seen was the following: This quote was made during a bear market, the reverse applies during a bull market.

That's what hedge funds charge strangers. I would think 1% of assets managed per year might be more appropriate for a friend.

Covestor. They work specifically (exclusively?) with Interactive Brokers.

It's true, it's called One Cancels All or OCA. There is an option somewhere that IB will guarantee not to fill more than the value of one position. You will want to make sure you check this. I missed it and was once filled in several orders simultaneously, until I ran out of buying power...