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You don't need to get very granular when looking at data for a portfolio of equities. Your objective should be to see if there are general conditions when it appears your odds of profiting are there...and to define what those are. Trading offices are littered with the bodies of folks who...

Well, if you look back at your opening post you did say that you have "approximately" one minute data, did you not? So that would imply that you ARE looking at intraday data. So while his question may be annoying, it wasn't redundant. And...you don't need tick by tick data. One minute...

First, see my note above regarding dates. Many equities strategies trigger on just a few days of the year. Spreads: The difference at any point in time between the bid and ask. The data you are using shows only the actual traded price. But you will not get that price in reality...

Things to keep in mind: 1. Note that the overall market has been up over 15% during that period. 2. Roughly 80% of the movement of any individual stock is a result of market movement. Thus, if you have been doing only long trades, you have been "pushed" by the market. 3. You may...

Great post! The OP by now has enough information and experience to sit back, take a pause, and think very carefully about all the routes he can take. Further steps in registration, attorney costs, admin, staffing, etc., may well not be to his best benefit.

As had been pointed out to you - ask for records of the instructor's results. Don't accept anything less than a clear response of "here they are". Would you take piano lessons from someone who can't play the piano? Spanish lessons from someone who can't speak Spanish? Flying lessons...

I had Lyme disease. A real hassle in my case because it was in the 80s before anyone knew what it was. But I was lucky and antibiotics knocked it out once I started to show serious symptoms. (The first diagnosis I had was stress, which was the conclusion of some lame-ass ER doc who asked...

An up tick, or a down tick?

Obviously you haven't. So I suggest you walk into the nearest bathroom and just look in the mirror. What you are seeing is clearly the product of natural selection. Now, in your case it may not be a great product...but nonetheless what you are is a result of nature weeding out...

My big regret is that people with your attitude won't be around long enough to witness the end of humanity on the planet. One can only hope that by the time we're gone (which isn't soon enough for me), there will be a few species of plants or animals left that we haven't managed to wipe out...

I will use a hard stop if my position moves to profit, and set the stop to at least take it out at even if it reverses. From that point on, its all touch and feel.

This is meaningless to Mozilo. BAC pays most of his fine as per a contract when they bought Countrywide. And the SEC lets him walk without admitting any fault. What a joke. A complete farce.

++1

Yep, I get a kick out of all these articles that profile do-it-yourself businesses, like the profits were already in the bag and nobody ever thought of importing crap and reselling it. 99% of these folks will be living in the family basement inside of a year.

1. We were out of business. 2. Now we're not. 3. That could always change.

+1 The same advice I give anyone who asks. With the ten years and many, many thousands of dollars I've invested to become a consistent trader, I could have had an MD and a couple PHDs. Was it worth it? No, not really. It takes a long time - years - to get the point where you can...

Oh, VIX. I sure hope you didn't pack for a long trip away from us. Just remember the fun we had when we were both high, and rush on back up here, okay?

It was nice knowing you. Hope to you again soon.

Much will depend on how profitable your backtest is, knowing that you're not likely to nail every open. If your profits in backtesting are very thin, then an opening strategy isn't likely to pay off for you. One thing you might want to try is backtesting a move away from the open. For...

Yes, I have a thought. And the thought is that your comment is one of the stupidist things I've read on this site. And that's saying a lot. I've rented to self-employed, and to those with 'steady' jobs. What I've found is that if shit hits the fan and an employed person loses their job...