Limit orders

Quote from ProgrammerGuy:

That's interesting Don. Do you know of any traders that have been able to make the backtesting route work... these guys from California that I know swear by this.

Ask to see their tax returns...."swearing" doesn't pay the rent, LOL. Analysts analyze, and traders trade, some can do both well, most don't, IMO.

Don't get me wrong, we spend a lot of hours, off market time, doing research and analyzing results every week.

Speculatus has it right (again, LOL), the "all encompassing" tape is the real bible, especially intraday.

Don
 
Quote from ProgrammerGuy:

But you can test the strategy on "what is" and not "what was"

We can use the "test" stock symbol real time, of course. But, "test" does not affect the market in the stock, which can make a difference. This is better than back testing, IMO. At least you have current variables.

Don
 
Quote from Don Bright:

Ask to see their tax returns...."swearing" doesn't pay the rent, LOL. Analysts analyze, and traders trade, some can do both well, most don't, IMO.

Don't get me wrong, we spend a lot of hours, off market time, doing research and analyzing results every week.

Speculatus has it right (again, LOL), the "all encompassing" tape is the real bible, especially intraday.

Don

oh I meant by swearing that it doesn't work
 
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