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Every back-test is overly optimistic.

If you Google around a bit you can find a free PDF from the author updated for eletronic trading.

Just received version 2.x of an indicator in NT8 which I've spent a ridiculous amount of time troubleshooting/debugging. This developer is very popular and as such he's always very slow on updates. In fact, I've had far better/faster results with developers I've found on UpWork. I had a big...

I have mostly very good experiences with UpWork. On one exception the project went way short of expectations and I was actually offered a full refund (hadn't paid yet, so the job was simply cancelled). I now have 2 go-to programmers who are fantastic to work with. One of them even quotes me...

By definition - if they were parasitic, they would have to exploit the market or other traders without adding any value. I don't see hedge funds doing that. There are traders which are parasitic. Front-running orders would be one example as no value is added.

Why would they be parasites?

My best and honest advice is to forget about is since like everyone else I think you have no conception of how difficult what you're trying to achieve is. Forget about all the stories you hear about guys making a shitload of money off daytrading. They're either very lucky, very...

What a sad story. A bit odd that he didn't further research his options (no pun intended) first. Even if he was 730K in debt there must have been a solution. I guess he panicked completely and possibly was a person susceptible to do such a thing in the first place. There's been a few suicides...

Ouch. Is that a 30 % loss in one single day? Like I alluded to earlier I suspect you run a very high risk profile. Fantastic returns, but also great risk. Another day like that and you're down to 60K. IMO, you should definitely scale down a bit in the next days to regain your balance and don't...

Most of the Market Wizards seems to practice and advocate scaling down after a loss, though.

IMO - it's just as likely that we'll trade back above 10.000 as staying below it. And that may happen as soon as today.

If you're an experienced and disciplined trader using a smaller bet size on average, I think doubling down can work just fine. If you're a newbie and/or trade with a very high risk profile initially, it's usually a recipe for disaster (read: compounding your losses and blowing up).

3140 or more in RTH.

That's interesting. My impression is that Sierra is a rock-solid superior platform. I know a lot of people on futures.io switched from NT to SC. Having used NT for such a long time now, having a lot of custom stuff too and generally being mostly satisfied, I'm sticking with it for now.

Agreed. I don't add/scale a lot, so I'm thinking it could possibly work as an approximation. I might track both. As you track points per contract yourself, it seems - how do you go about it? Nice. The reasons for leaving NT in favour of Sierra are growing, but I'm 'married' to NT, so won't do...

That's such an antiquated and un-informed view of suicide. Please.

Back on topic: 1. 1st trade of the day: + 17,75 MFE. Closed it for + 5,00, i.e., I gave back 12,75 points of unrealized profit. 2. Went 6,75 points in the red on the next four trades. 3. Gained back my losses and then some. Current P & L = + 15,00 In hindsight - I would have been far...

Nobody? Really? :) I think I'm going to develop something in Excel. It's the only way I can see how. How does other platforms deal with this? Are similar trades/exits aggregated?

No idea. But if history is a guide - we should sell lower from here at least going into next week and likely a few more weeks too.

I suppose not. If I lose the brokerage connection I'm only receiving data from IQ and won't be able to adjust or initiate trades beyond orders which are already in the market. In that case - I suppose the only back-up would be to have multiple brokers.