Search results

Years ago I would place Stop-Stop OTO when I was still trying to make money buying breakouts. Now I just go with naked limits. Damn the hft's :eek:

Yeah I like it a lot, too, overall. The only real problem I've had with it is that it can "misfire" during startup in the morning and self-abort (happened twice today), and it takes several minutes to do its thing before everything is ready to use. This can cost you 20+ minutes and is greatly...

I'm sure trend following was scoffed at much like he OP, back in the days of Richard Dennis, Seykota, John Henry, etc. Now all the new TA students study breakouts and trends and they have become the game :eek: (for the range traders, LOL)

No paid liberal sycophants at West Point, unlike here at ET :eek:

Buy Lo Sell Hi 90% of the time Buy Hi Sell Higher 10% of the time

I'm using E*Trade and it's been working fine for trading and news / research. $10 each trade no matter how many million shares :eek:

:eek: That sux, I hope it's not a sign of an overfit system. How did it do on out of sample data? How many months (or years) of data was it trained on? :confused:

Some penny stox double during the dead cat bounce after the dump :eek:

There is no easy way to financial freedom. Decide if you are willing to trade with discipline, or if you are willing to set up a business with passion and hard work. If not, a life of corporate servitude is probably your best bet.

I've had a similar experience. I traced it back to the same cause: overtrading and continuing to explore for new methods, out of boredom. If trading is a business for you and not a hobby, you will document your method that you used when employed and only use it with the real money...

Buy it :confused:

I'll show you how to buy lo sell hi for $19,995 cash

Here's one I threw together to verify something that was working live (discretionary) on stocks, to see if it would work on index data.

Please, do yourself and your family a favor and become an Obamacare data processor. Trading isn't for you.

Five star thread, thanks for all the replies from the old pros. :) In my twisted mind, I guess I see it this way: There always have to be suckers at the table for the game to work. The suckers have been mostly wiped out and are afraid of the casino now. This may be why US FED has taken...

He had a model called "fade the stupids" which was a top caller, basically - the idea was to fade traders who buy tops. It seemed to work for a few cents, as he was making live calls in the ES journal, but no one believed he was slinging a real account with it. I guess "the stupids" were...

Couldn't get more obvious than "Range Rover", for those with eyes to see :eek:

Maybe you could make a little money on the yo-yo trades by exiting on a small profit target, rather than trailing stop.

If there was any money in checking your math, I'm sure a few of us would offer to provide our services. :)

What's up, failed? Long time no post. I figured you must have given up and gotten a job because you were nowhere when the market topped a couple months ago. :confused: Yeah, I could have made a few more percent and matched the S&P index last year but it was my first year not losing, so I...