My personal experience, stops are absolutely necessary. It reduces stress level, i.e. you wont need to stare at the screen all day. and it frees...
stopped out of BRCM shorts today for 6 cents slippage. somehow stops work better with BEST_ECN routing. Gotta try few more days to make sure it...
must have a dedicated line to use CTCI, kinda prohibitive for small guys like me. hope someday IB can offer it on the application level.
which stocks were you trading? the other day i tried BEST_ECN stops on NVLS and EBAY, slipped a few pennies also, so looks like this is working ok...
not sure if we will see NAZ6k in our lifetime :) just look at Nikkei. You never know. per Barron's, NAZ fair value is 1200 based on historical p/e
As far as I know, the most successful system trading on currencies are channel break-outs. Not sure about stocks, but similar systems will...
I have done some modeling with historical emini futures data and currencies data. Statistically, pyramids don't improve overall system...
Cancel is almost instant if your order was sitting on an ECN, for MMs and NYSE orders it take a bit longer. Once you see the color turn red,...
Anything is possible. Discretionality can be coded too.. A system need not to be pigeon-holed into a narrow definition of a set of fixed TA...
I have to side with traderRX on this. I think most people envision a 'holy grail' as a fixed set of parameters for some TA indicators. Actually it...
Yes and No. Yes, trying different combinations/parameters... but the idea is based on my real trading experience which is mostly based on...
agree with limbo here. KISS - keep it simple, stupid. The simpler a system is, the more adaptable it is during different market conditions......
if you look at a chart with stochastics, you can see how many times it gives false signal. you will need a lot of 'experience' and subjective...
10-11 am is the most profitable hour of my trading, anything making new hi/lo with small risk is a good trade, let it run to 11:15ish and if all...
especially in Cnina? lol
a couple of months back I did some system trading of NQ with IB, stopped after making no profit. The execution is exellent, stop orders are filled...
JNPR sux, it is one of the choppiest stocks on the NAZ, try the storage sector like BRCD and VRTS, and the bios like HGSI, a bit easier than...
How can someone with 'extensive experience' dig a 6k hole playing only 500 shares? just curious.
Honestly, I don't use futs as much as a lot of scalpers do. I follow a basket of stocks and look and the futs to make sure I don't trade the wrong...
Hitman, Nice writing, maybe you can compile this thing into a book and sell for a lot more money than $250, hehehehehe.. Good luck.
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