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100% right. My system tracks at around 80% accuracy enabling me to run a wider stop than my target.

I trade with higher risk than reward. Almost double. I get a 1.8 profit factor doing it. Must use good money management and take a hard look at the system draw down.

I get stopped around 20% of the time. I usually average a 1.8 profit factor. I resisted wide stops for years but was putting way to much weight on width of the stop in my analysis. I am not saying it is not important but profit factor trumps it. I refused to go wider out of fear even though...

Been trading for a long time. Many will tell only way to be profitable is to at least have target/ stop loss ratio at 2x or above with target being at least twice the stop. I disagree. Have live traded, tested to the nth degree, rehashed, reworked etc..... for 10 years. My conclusion...

"But Mr. DeFazio's bill would tax transactions by U.S. citizens no matter where they occur. To escape the tax, he says, people would have to move their citizenship, not just their money." These people are truly idiots. Going to try and tax us for an activity that happens outside of the US...

By JOHN D. MCKINNON WASHINGTON—Lawmakers are considering a financial-transactions tax that takes aim at Wall Street to help Main Street. But the tax could wind up striking others, too, including pension funds, commodity-dependent businesses, and even ordinary investors. Is Congress...

Obama, Hillary all of them want your money to support there socialist regime. Lets don't get fooled into thinking they don't want this tax. Believe me they want it along with as much as they can get away with taking. The only reason Obama may be cold to it is he does not believe he can get...

The MM's handle most of the trading coming through and tighten or widen spreads according to liquidity. Go look at otc stocks and see how hard it is to get good fills buy and sell and how the market makers are able to manipulate the spreads because of no liquidity. Those wide spreads punish...

Yep you can't divide the two. If you take away my ability to speculate you take away my ability to break out of my mundane job. You lock me into the same mindless task day after day. You take away my ability to dream of something more. You lock me in to working for someone else the rest of...

Amazing politicians in this country can even bring a tax like this up and get a hearing. This is pure socialism. Socialism did not make the United States the greatest financial power in the world. Socialism has not worked anywhere. It should scare us to death the government wants to wipe out...

I only trade counter trend intraday and it works very well. Have years of live stats that backup fact it works very well. Key on countertrend is to use tight stops. A ct trade tends to work pretty fast if it is going to work. You dont want to hanging around when it goes back to trend with a...

elpep also my stop orders go and sit at the exchange the moment my entry order is filled. Sounds like from your post your auto strategy sends the order when the stop price is hit. If that is the case this a dangerous market to not have your stop sitting native at the exchange. I guarantee in...

I have a zenfire feed. Also these are some very fast big market moves. I was actually amazed at the speed today. I have found zenfire to be very efficient in this kind of market other feeds I've had were fast and did well most of the time but every once in a while you get markets like this...

I had only a 1 tick slip out of 20 trades today on TF. That is no big deal especially with a market moving this big. Trading just as well as it did at CME. Anyone who was slipped for more needs a better feed and/or lower latency connection. Had to love the action today.

First, stop trading live and go to sim before you blow out the rest of your account. Second, trade one market. I love ER but YM is a probably best untl you gain experience Three, backtest like a a mad man. Then forward test in Sim. Four, once you have a trade move in your favor so...

With a 10 tick stop get use to it. If you have any chance of being a trader you better get that emotion out of your system. You can't profit without being willing to lose. I would say on YM with a 10 tick stop will most likely get stopped out 3 or 4 times every 10 trades. I have found...

I lived in NYC a few years ago. Even the ice cream man Mr. Softee costs more in Manhattan than the other bouroghs. Hated the taxes and the rent was way to much. But then again there is no place quite like New York.

The mini basket via red option works well from my experience. They actively manage the risk by hedging with other positions.

But thing is they have it up for consideration tomorrow. Whether they cut who knows but odds lean towards them cutting. If I shorted Friday at close I would be nervous.

They have these meetings but read the text on what this one is about. " Review and determination by the Board of Governors of the advance and discount rates to be charged by Federal Reserve Banks." Shorts not going to sleep well