More than a call....a guarantee.
Am I ready to go live?
- Thread starter DougStewart
- Start date
Speaking as someone who has spent a long time in a simulator studying various approaches, "No."
Simulators have four uses, at least: (1) testing a well-defined strategy, with the expectation that results will mirror reality; (2) building habits and muscle memory; automating UI actions through repetition; (3) seeing what gaps exist in the strategy; (4) exploring in areas where you allow yourself discretion. Exploring (#4) will interfere with testing (#1), but help you move outside the method and indicators you've chosen. Imo, one should aspire to push the win/(win+loss) ratio much, much above 50%, and the average win per trade much beyond 1 point. Also, one should seek a real, describable edge over other traders, based on deeper knowledge of why markets move. All this takes time; how much I can't say. Good luck.
Also, simulator phase is useful to learn the software (broker execution platform) regardless if its an experience trader or newbie on the software the first day.
Several years back I tried a new trade execution platform (infinity) for curiosity in my search for a backup broker and got killed. I'm an experience trader and made mistakes (order execution errors) only because I wasn't familiar with the platform.
It reminded me when I bought a new auto a few years ago. My auto of 7 years before that...I went to the dealer to test drive the new car I was interested in. The new car felt foreign, different feel to the seats and using the side windows seemed strange...it navigated the roads differently although I'm a experience driver.
Broker trade execution platforms have the same feel when switching like that too. Thus, using the simulator for a few weeks on any new platform is a good thing.
Anyways, I tested that new auto a few more times the next few weeks to make sure its something I really wanted.
Several years back I tried a new trade execution platform (infinity) for curiosity in my search for a backup broker and got killed. I'm an experience trader and made mistakes (order execution errors) only because I wasn't familiar with the platform.
It reminded me when I bought a new auto a few years ago. My auto of 7 years before that...I went to the dealer to test drive the new car I was interested in. The new car felt foreign, different feel to the seats and using the side windows seemed strange...it navigated the roads differently although I'm a experience driver.
Broker trade execution platforms have the same feel when switching like that too. Thus, using the simulator for a few weeks on any new platform is a good thing.
Anyways, I tested that new auto a few more times the next few weeks to make sure its something I really wanted.
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i took a peek at his profile. He is 64 so I imagine HE CARES if it is going to take him years or not. He definitely is not the "new generation"!
That is an assumption that he entered his real birth date in his profile. Never ass-u-me. Benefit of doubt, man!
Well he did say it was his real picture. If so, he could be 64. Of course, he could be making a big story up.
ROFLMAO...we have nothing better to do eh?
I am not at all sure how many of us here are trading live and
conducting biz with multiple brokers.
There was a serious concern at least from my consumer end,
that a long order was clicked and sent out to more than one
brokerage houses, all at the same time, the same one click.
But then one brokerage house received one order and the
other brokerage house received more than one order.
If any of you guys are trading with multiple brokers,
with the setup of one click to several brokerage houses,
pls be extra careful and check religiously your own
Execution Record, K?
Have a relaxing evening, if you are trading only RTH.
Here is an abbreviation of the corresponding email to
brokerage houses:
there is something not technically correct here.
Pls help me resolve it pronto, K?
I do not want to worry about
which brokerage will get
my order more than the other
as the group order acct,
is sent out with only one click.
AND THERE WAS NO OTHER
ORDER, manually clicked per
your explanation, causing more
orders being sent to another
brokerage firm.
PLS RESOLVE THIS ASAP,
as night session is coming up soon.
Thx much everyone.
conducting biz with multiple brokers.
There was a serious concern at least from my consumer end,
that a long order was clicked and sent out to more than one
brokerage houses, all at the same time, the same one click.
But then one brokerage house received one order and the
other brokerage house received more than one order.
If any of you guys are trading with multiple brokers,
with the setup of one click to several brokerage houses,
pls be extra careful and check religiously your own
Execution Record, K?
Have a relaxing evening, if you are trading only RTH.
Here is an abbreviation of the corresponding email to
brokerage houses:
there is something not technically correct here.
Pls help me resolve it pronto, K?
I do not want to worry about
which brokerage will get
my order more than the other
as the group order acct,
is sent out with only one click.
AND THERE WAS NO OTHER
ORDER, manually clicked per
your explanation, causing more
orders being sent to another
brokerage firm.
PLS RESOLVE THIS ASAP,
as night session is coming up soon.
Thx much everyone.