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At the cost of thousands of American lives, ten-of-thousands of severe American injuries, and trillions of American dollars - totals still yet to be determined many years from now? Hell no! Clearly the biggest beneficiary of our sacrifice in lives and treasure is Iran.

I trade a system with auto-entries on a portfolio of equities generated from the software InvestorRT (www.linnsoft.com). Investor RT interfaces with Interactive Brokers. I've been using the software for 8 years, very satisfied. It has a programming language for building trading rules...

The spreads on SPY are a penny. If you've got 40K to throw at your project, and you are only looking for a hundred dollars a week, then SPY is the better play. ES is like SPY on crack to a new trader. You get hit for even a few ticks on ES with its spread - which is going to happen to you...

Meaning do what you know you are supposed to do...and ONLY what you know you are supposed to do. I've been at this for quite a while. But I still have trouble making it through a week without trying to grab a quick trade that is completely discretionary, then 9 times out of 10 hating myself...

The only person I know who had a profitable system with a smooth equity curve was Bernie Madoff. If you haven't done so already, I suggest you visit Collective2.com. The site is a good reference for looking at various systems, their equity curves, and risk profiles. (And also understand...

Those are excellent points. Everything - and I mean everything - is geared toward handing a trader losses, not profits. One needs to first master the art of survival before focusing on making money.

I don't set targets, as the market environment can vary dramatically from month to month. If by chance you are looking for expectations of a return on your own work, you won't find it in someone else's results. Every trader has a different level of experience, different strategy, different...

Yes.

Oh? Is that anything like the contributions that companies and governments have made to bankrupting unions and their employees? Without some type of collective bargaining in place, employers will always compress wages as low as they can, particularly during a period of high unemployment...

I can recall growing up in the 50s when futurists talked fondly of the day when our work would all be done by computers. Well, thanks to computerization of so many industries, Americans do now have lots of free time. But now it's called underemployment. Be careful what you wish for...

Sounds nice to me. I just need to get Scottsdale qualified as a ghetto. :cool:

I as well refuse to be assimilated. Facebook's success is due to the overwhelming pressure most people feel to be accepted by a group. It's peer pressure porn. "Oh, you aren't like on Facebook? Like, really? Like why not?" Because I'm not a lemming, that's like why not.

LOL! This is one for the "Classic Posts" list. (What you're pondering, son, is making money from dividend capture. And why it won't work is because 50,000 other people this week alone have pondered the same damn thing.) P.S. There is no free lunch.

The creation and marketing of the Macintosh in 1984 was revolutionary. It was the first commercially viable graphical interface, and had a huge impact on many industries as future versions of the Mac hit the market. Everything in use now is derivative of that first Mac. I can still...

It took me nearly three months to get paid by an initial subsriber. (One could ask what happens to the many thousands of dollars held for months prior to distribution to developers? A nice business model.) Subscribers receive refunds for any reason. No questions asked, refunds given...

IMHO, you're seriously underestimating the amount of work involved in building a trading and tracking platform for users, even if it is a game.

I base a lot of my backtesting on daily lows, and lows are always suspect on daily bars. A somewhat helpful solution I've developed is to run my backtests on X portfolio for X time period, then create a list those stocks that signaled based on my rules. I'll then download 5 min data for...

There's often a perception among new traders that TA brings some kind of magic to the party. But TA is nothing more than derivative of price and/or volume. So when you're working on an intraday timeframe, learning how to read price action in short timeframes is much more important that...

Yes, if you like waving a red flag in front of a bull.

The difference is that in a third world country they get angry and protest in the streets. Here in the U.S. we sit at our computers and take it up the ass. Tweet tweet. Post post. There, now I've protested.