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You can't. You need to be able to conquer something like this -- the marriage between C++, Stats, Calculus, and Finance. http://www.iit.edu/mathematical_finance/academics/

Boston University has a fantastic Financial Math program that is geared toward Algo Trading. http://www.bu.edu/phpbin/news-cms/news/?dept=644&id=56004

You are reading what I'm writing and turning it into something that you want it to be. When the hell did I say I'm running stops? Go back through the entire thread and quote exactly where I said I'm "running stops." If you can't do that then shut your fucking mouth. You're worse than a damn...

I didn't click on the link but based on my experience, the 95%, 98%, whatever the number, isn't correct. I've been working in the tax field, in addition to trading, and the win rate, based on my sample is about 68%. If I had to pick one quality that's a solid predictor of success it would be...

There is no need to study this. What I'm doing has been working for 20 years.

Linear regression analysis is like any other type of analysis. The opinions derived from the model are usually more a function of the analyst's interpretation than the quality of the model. One of the daily tests I conduct is whether there is the presence of a unit root or not and there are...

Been coding trading algos for about 10 years. My programming knowledge goes back to the mid-80's writing code in BASIC when each command had a line number and printouts occurred on a dot matrix. My term project in my first class was to write a poker program. Best I can recall it was about 500...

I don't mean this in a disrespectful way LM, but that's precisely the type of trader I take the opposite side of. This may not describe you, but the most logical place that traders place stops is below/above a previous reaction low/high. Once the market penetrates these levels, even by as...

I agree but why does that exit have to be at a fixed price with a standing order? Why can't it be a manual, pre-determined exit "area" that is based on the behavior of the market once that exit point is reached? The failure to exit at that area is a break down in discipline, not a break down...

$1800 per month to spread your limits is a waste. You couldn't possibly have navigated all those events with that type of exit. You'd have to be a fortune teller to know how far to spread your limits. If you spread them too tight the market can gap past you. If they are too wide you're...

This completely nullifies the use of a stop limit as an exit. What do you spread it to -- 10 ticks, 50, 100? How could you possibly know? You can't, which is the reason you use stop markets. Just take what the market gives you to get you flat. If you spread to 500 ticks you're getting out...

You are taking a bigger risk than I am. What happens if the market jumps past your range as it most certainly did during at least one of the events you named. What happens when the Fed cuts 50 bps and the next print is 25 points higher than your entry? I suppose your range is that wide then?

OMFG. Bone, shut the fuck up before you make a bigger fool of yourself. I'm gonne educate you real quick. If you place a stop limit on your long at say....1065.50 and the next print is at 1060.00, from 1067.00 -- You're Fucked. You're flat out lying if you think your "stop limits" worked...

That's hilarious. Here Bone is talking about who he thinks trades real capital or not and talks about stop <b>limit</b> orders. That's just flat out funny.

And do you have plan B, C, and D? My internet connection has gone down for more than a day but I didn't skip a beat because I planned for that.

You have no idea what work I've done on the topic and no, they don't teach stop placement in quant school. Some things you have to learn through the school of hard knocks and it didn't take me long to learn why my PL was consistently trending down. You can give me any kind of stop model and I...

When the fuck did I say I let the market go against me 20 points? Keep placing those stops and I'll keep hunting the fuckers. I made great coin doing precisely that today. I was tempted to post a chart to show you <b>exactly</b> how I do it but why should I educate you fools when it's so damn...

Have you any idea how much money you can make trading? I made 6 figures my first year trading prop. I was in my early 20's with more money than I knew what to do with. I blew through all of it partying. Those were the days. I've settled down a bit since then but lemme tell you.....the...

I think you're missing his point. What he means in as few words as possible is, "Governments flat out lie, about damn near everything."

Even after Obamacare kicks in come 2014 many Americans still wont be able to purchase health insurance. I suppose bank robbery is a good option because you do Federal time rather than State time. I hear the accomodations are quite good in the Federal Prisons. The only drawback is you do the...