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Here's what i read in a post: What does it imply? I'm a bit confused. :confused: How frequently does IB refresh the price/volume? If IB doesn' send all ticks, it seems we are getting inadequate market data. How does it affect traders who trade in a very-shot time frame (eg tick or...

Where're they? How do they perform? Returns Rate? Drawdown? Losing streak? I would like to know because I could see how a purchasable (but legitimate) system is better than mine. On collective2 (which seems to be a trustworthy website), it allows different system sellers to post their...

One of the systems which still work is moving averages. I think moving averages, as a simple tool that everyone can understand and use easily, works great to catch mid and long-term trends. It's easy to understand why moving averages, even publicized, still work for more than 100 years...

Actually what're the requirements of being an automated trader? I'm not good at programing. :( Does it mean I couldn't create a porfitable and long-term winning system? Anyway, I have to try and see if automated system is viable to me.

Apart from Neoticker, is there any alternative? Does Tradestation has this replay ability (replay tick or 1min data)?

"Stop trading before it gets to bankruptcy?" Maybe it's already too late then.

Mental stops are good in the sense that it can avoid being stop-hunted. :) I'm thought of a special stop-loss order called timed physical stops. The stop-loss is executed if the price is below/above the target for a specific period. As a future trader, a few points/pips breakout is...

That's right. A stop-loss scheme is a must, no matter what format you take (eg mental, physical, hedging). I have yet to meet a trader who is 100% right all the time. Unless such a trader exists, it's silly not to admit to one's mistake and cut losses fast.

It should be "the market", NOT just price.

What do you mean by "add to's"? It's traditional wisdom that one must use stops to protect itself, be it mental or physical. Usually mental stops are said to be bad since this will deepen the endurance towards losses. They usually do not have enough discipline to execute their mental...

What market do you trade? For me, the market I trade sometimes move 50-300pips within a second or so. However I never get killed by all these surprise moves. Although they happen all of a sudden, the price will usually, if not always, issue forewarning.

Oh I see - scalping! How about if you're scalping, but all of a sudden, the market moves dramatically against your position?

Me too. :( Wavemaster, you are so naughty! :mad: (joking)

Quite many people don't use stop-loss at all, be it physical or mental. I'm interested to know why. :)

Sometimes giving one's system out may be beneficial. If there're more people to follow (but NOT too many), the signals become more reliable & confirmative. However you need to find an edge in trading before people will follow you. you can't just say something and expect there're enough...

Even if he told us some juicy numbers, how could we, as ordinary persons, figure out his methods? Unless we have access to his trading records, it's hard to do. By the way, I think the best way to get his methods is to kidnap him. :p (joking)

Average may not mean anything to you. You is you. Your case can be well below the average. You can control the outcome, right? Although I must admit daytrading is one of the most difficult areas in trading, it doesn't mean it's not possible for someone to gain at the very start. Someone...

Encourage someone to kidnap him? :p (joking)

Thanks for your advice. Although I was sort of joking previously :D, it did bring me some interests about automated trading. I may find a super edge in automated trading. I'll have to try, or I never know the answer. I have many ideas in my mind, but I don't know how to program them. I...

If you have discipline to follow your discretion and time to watch the price second by second, it's a good strategy.