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Esignal doesn't have very good backtesting so I went and tallied up the last couple months trading XTL breakouts on the SP500 on a 5 minute chart. You would've made about 270 points in Jan and 105 in Feb with no losses greater than about 5 points even without a stoploss? The trend indicator...

I get the feeling that though Tradestation is better Advanced GET is much simpler to use. Is this true? Does tradestation have all the proprietary indicators like esignal does or do you have to program them in yourself? Also I've lost some money trading overly complicated strategies. I've...

Can you give me an example of software superior to GET? What about pricing? $2995 is fairly inexpensive when you consider it's only $60/month after that.

What's wrong with advanced get? I shelled out $2995 but still have 3 weeks to return it, so if you recommend TradeStation or something else instead...... I've found the advanced get trend signals to be unbelievably accurate. Using the XTL breakout seems to yield about break even/slight gain...

I should've shorted this puppy around $50.50 but I had decided to short Toll Brothers instead. When Toll Brothers started rallying I entered my RIMM positing at $49.50ish. What a perfect chart! The esignal community has been making a killing off RIMM both short and long. It was on the watch...

Any suggestions for what software and brokerage I should consider using to try automated trading?

After purchasing esignal's advanced GET it's apparent to me that good software really is a huge advantage. So I was wondering about the next step. Has anyone heard of individuals trading "professionally" without actually doing a thing having their software execute all the trades on it's own...

I was thinking about buying some SP500 puts both as a speculative play and also to protect my long position. Puts are fairly cheap right now with the VIX at 46. So them I thought of something. My puts would be priced April 730 on the assumption the market will not hold the November bottom...

The unexpectedly wild variations in intraday moves shows this is a very important and potentially profitable issue! Does anyone have more general historical data? I think it's very important for every day trader to know. If a significant amount of the market's gains were made intraday you...

Reaver, I hear you. I'm a Vault 101 escapee myself. At 31 some might think I'm a little to old to play practically every RPG and Strategy game out but when you're self employed you have a lot of free time. In all seriousness you might trade better by relieving some of the stress. I've...

You sometimes see the brokerage trading desks where the traders are glued to their 5 monitors all day. Is this really necessary? I don't know what time frame they're trading but to me if you're going to hold from near the open to near close it may even be counterproductive. I used to follow...

Great article kowboy. I definietly need to do a lot more research before trading one of these ultrashort indexes.

well it's a low beta relative to what a trader is likely to be involved with. I don't know many traders who trade only Johnson and Johnson or Phillip Morris or anything with a lower beta than SP for that matter. Being the baseline doesn't change that. The average stock in the Russel 5000 for...

Seems like the bottom like is it really is lack of liquidity and not lack of opportunity for consisent earnings. I remember a few years back after buying Michael Parness' Trend Trading book one of his telemarkers tried to enroll me in his course. PArness is famous for turning $30K into 7...

I read a bunch of poker books before ever playing a hand and have always been good with statistics. In the mid limits statistics is all you need. In the higher stakes it isn't enough since everyone knows them. I think a billionaire would need to use programed trading or hire a team to...

It isn't easy I read several books and played 40 hours a week for 6 months before I could beat the high stakes games. The best book was Hold em Poker for Advanced Players by David Sklansky. As a general rule play tight aggresive. The best players typically win the least pots but win the...

I've been trading SPY for awhile now with some success. I like the liquidity but don't like the low beta. Some of the stocks I trade such as FSLR move about 3 times as much as the SPY. I was wondering if it was possible to trade an ultrashort index which is indexed to twice the inverse...

Killthesunshine, I've play cash games also but online was much, much more profitable. I was making daily online what I would make weekly in L.A. or Vegas. In OCt 2006 Congress basically shut down online poker, especially high stakes games by making it difficult to deposit money. In the...

You should only work for someone else for a few months to 1 year max to learn the trade. By then you should be able to earn more on your own. I used to be a prop poker player for a casino. They would pay me to play at certain tables in the middle of the night. I quit after six months and did...

Gnome, the reason most poker players are broke is because they're gamblers at heart. They probably learned how to play poker as a necessity to avoid going broke. They might make 8 figures at the tables and then blow the money pro athlete style. This is especially true of the people you see on...