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Yea maybe. I was just using what a typical valuation for a business would be with current monthly revenue. Just remember this is not going to scale into millions or billions. Max is probably 1mi. So take that into account.

Nice, gotta add that to my already long list of things to read

FOr the right price, maybe 10x revenue seems about right. I'll round my 12 month revenue to about 18k (1500/month average for now) The IP is in the strategy and also the fully tested algo. Only overhead is the vps ($30) and data ($13) per month I'd say $200k seems fair. Have your lawyer...

I wouldn't go as far as calling Brooks a fraud. He's teaching things that countless people have taught but in "Brooks way". But it's the same crap: high highs/lower lows, reversion, trend, momentum, money management etc etc. At least Mark Minervini participated in the competitions, Ross Cameron...

Did you just discover youtube for the first time?

It's so annoying this business model raised 22bil Seriously, can a bro raise few mil without convicing you there is a God? ....ugh...

Monthly performance Oct: +$2552.50

I can't tell if you're just trolling, serious, or just retarded. Either way, I like it lol

If they raise the margins permanently, I'll just have to adjust the size settings to much smaller contract. I'll worry about that later if we cross that bridge.

WHat I'm doing risk wise is something not a sane large trader/firm would be able to do. It'd cost too much in slippage. Even if they try using iceberg orders to minimize price slips, they would run the risk of losing the opportunity to recover at the right time. WHat i'm doing is under the...

Taking into account multiple reverses and increasing position after certain number of reverses. The realized losses piling up will affect my available margin as I"m trying to recover losses with reverses. It's a sick dance between making money everyday, recovering potential losses, and not lose...

They'll use 25% maintenance margin https://www.ampfutures.com/trading-info/margins I could use smaller contracts, but my default is scaled far enough already that smaller positions is not worth it. This is the only news event that AMP extends maintenance margin pretty much the whole day till...

No trading tomorrow. I don't understand why AMP feels the need to raise margins for FOMCs. THe moves don't seem that significant..

I think the moment you decide to stop trading altogether will determine if you're profitable or not. If you're net positive at that time, then yes you're profitable. I've seen documentaries of floor trading making money for decades then when 1987 hit, they lost everything. So nobody gives a...

woop, there it is

CQG has not reset, still showing yesterday's action. So they still havent reconciled the fees/commissions. Oh well, let's see what they respond with, in the meantime, the show must go on.