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A couple of questions: 1. What instruments or instrument classes is this valid for? 2. Can it be applied to / is it effective on higher intervals such as hourly and daily? A glossary of acronyms would be useful.

I've just noticed your BLT chart is MetaTrader 4. Which SB/CFD company are you using for that?

Thanks, I'm subscribed.

I'm both interested and sceptical. Interested because it seems like a general model that could help to optimize my multi-day trades on an intraday basis. Sceptical because my strategy, like many is about simplicity and waiting for the good opportunities, and this looks a bit like over...

Is the second half still on, I was looking forward to it, or is this more of a bollocking session? Jack, I'm pretty sure you once asked what a river was. :)

I agree with FXforex. Practical steps and advice.

As for hardware, best to check the compatibility lists provided by the distributions. Any HP or Dell box will be fine in most cases. Compatibility problems I have experienced in the past have been to do with lack of driver support for video or wifi hardware. Setting up multiple monitors...

Choose a distro - probably one of these: http://en.wikipedia.org/wiki/Linux_distribution#Popular_distributions If running headless (on a server) then your criteria will be different than for a desktop. Three major considerations are hardware compatibility, package management and GUI /...

According to the web there are 300,000+ Bloomberg Terminal subscribers: And from Reuters: Anyone using either of these?!

I use Linux, but it's of no benefit unless running or developing custom software (that has no Windows dependencies). Windows is the sensible choice in most cases.

Your time might be well spent answering db's question. Become profitable - would make a nice conclusion to this thread. Do you have a trading plan?

Hard stop with every order, restrict order size in account settings, restrict maximum number of trades per day, keep only necessary/minimal capital in account (and use margin), segregate. Have a kill switch.

Keep your job. Automate (keep track of P&L with mobile TWS or a custom app). Scale up if it continues to work. Scale down or stop if it doesn't. Post your results in a journal thread - it could be interesting. Reflect on fair criticism (assume it's fair until you're sure it's not). The best...

This sort of operation doesn't come cheap...

If the stats are to be believed 35% of Elite visitors are in the US and Norway accounts for a massive 10%! A demographic stat: "Relative to the general internet population, people who did not go to college are greatly under-represented at this site" and "people who went to graduate school are...

I've traded using a spread betting account. Obviously the big problem is the spread. Even if swing / position trading, it can impact your trade management. I found I was reluctant to exit positions for the wrong reason: because of the initial high cost of entry. Switching to brokerage trading...

Fair. Trading's easy until it's not. Then it's a long, difficult journey. Mine's been 3+ years... so far. I hope happy isn't under the impression it will keep working without effort. It's already going down hill: you were in Career Trader, now demoted to Chit Chat.

"I know", "I feel" and "I have a psychic ability" could become a problem after a string of losses. Are you emotionally robust enough to withstand 5 or 10 losses in a row? Trading can be simple like you describe, but do take on board Gringo's observation. Expect the unexpected (if that's...

$2k can easily disappear. It's unusual for experienced traders to have +10% days, so $200 per day is optimistic, although possible. If you risked $50 per trade and over 10 trades you had 4 winners, 2 scratches and 4 losers, with a 1:2 risk:reward you could make $200. How many trades you...

What is it about the market you predict? Predicting where is easier than predicting when and how. Having an idea about direction is useful, but you'll still need an entry, exit and position sizing strategy. What's your prediction for today? May the Force be with you!