james_gsx

The reality is your situation is no different than most retail traders. There are very few traders who can consistently make money. Unless you have a real edge as a retail trader, your chances are, unfortunately, very slim. You almost need a strong intellectual team and good technology behind you to be successful. If you are trading YM, ES, or NQ - you may consider another market that isn't already flooded. You may have better luck finding an edge. Good luck.

I agree. The time when you will use any real difficult math is if you are building a unique system that requires the math. Otherwise, functions such as moving averages, oscillators, or whatever are already done for you (you could pull the code easily, assuming you even want to go that route). And to be honest, if you are using a system that utilizes a ton of math, you are likely severely lagging on the technology front - comparatively speaking of course.

You are all over the place pushing this thing. This is a book review section, not a self-promotion section. You've been pushing this system for years. Trading Creations : eminis futures trading courses, trading eminis, e mini trading. https://www.tradestation.com/Discussions/Topic.aspx?Topic_ID=77498&Page=1 Forums - Professional Day Trading Give it a rest. If someone really cares about this book on this site they will buy it.

Most of those guys also have groups of very intelligent people and a huge technological advantage. But if the OP ever wanted to get into stuff like this, he may want to brush up on his math Trading and Market Microstructure authors/titles recent submissions Essentially, if the OP wants to learn math then he should, if he doesn't, well then don't.

What exactly do you want to do? If you just want to stare at a screen and play find a shape then none really at all except for basic probability. Depending on how much more complicated you make it then you will need to know more math. For what 95% of the people I see here do, all you really need are basic skills. However there are many people with very strong math skills who will likely take your money everyday. Just an FYI. The best traders seem to have a strong intuition for the market, and some are able to utilize math to create better/more efficient systems.

That's kind of a loaded question. Many institutions have their own models to "value" a currency. But this should help. As for which data to use, that's up to you. You will have to pay for BBoP unless you figure it out on your own, but BoP should be free. Also, check the US Treasury website for additional material. Data Catalog | Data

Your algorithm probably isn't working because you have no trading experience. Good luck trying to compete on your own with no knowledge. If you observe successful traders, they all have a strong intuition with the markets they trade. Most of the ideas around here don't work for most, and many struggle to use the same concepts and fail miserably. The reason is consistent, they simply don't have the same intuition when it comes to trading. That just takes time. Find the successful traders around here and read their posts, think critically about what they are saying and question everything. Find a market, devote your life to it, and study math and programming if you want to build a few decent algorithms. If you're not willing to do that, then save your money. Just my 2 cents.

Someone beat you to it. Or are you just trying to pass their work off as your own? http://xa.yimg.com/kq/groups/17324418/945690453/name/RBS%2BMoon%2BPhase.pdf

Out of curiosity, did you trade options when the vix was at 45, or 80 for that matter? If I assume you already have a sound understanding of options, then I think you may already know where I'm going with this. If not, then I suggest you look into how volatility can play a significant role in the pricing of options. The simple strategy to sell more puts because there is a "ceiling on volatility" could quickly erode your capital base.

I think I know what you're saying, and I agree to an extent. But to add to what Brownsfan said, it's not really find a shape - even on daily data. In reality, the more you watch charts and candles, bars, etc, you really just get a feel for price movement. Therefore, the doji or single bar is meaningless in and of itself (and like you said, closes seem to be random), but understanding how price reacts around certain levels is very beneficial to some. A better idea, might be to look at what happens around the dojis a program finds. Are there certain patterns, not just technical. Is there increased buying/selling pressure in the tick, etc. There are many ways to analyze a market, some more data intensive than others, but none of it is really wrong or right.

Congrats James and Jashanno! I was always very skeptical of having a family, but after visiting my sister and her 3 month old son I can say that someday in my future it might not be such a bad idea. Big congrats to both of you.

The Henk.. sounds like you've been watching some Top Gear? Jon - that Aston Martin is beautiful. I'd love to have a collection of old Mercedes one day. And Maxima, couldn't agree more. The E class is a solid car and great reputation. I see a W124 everyday at work and it almost looks brand new. They are built like a tank too.

Just planned out a 717 mile trip my friend and I will drive this summer through the mountains of Colorado. If you want a clue, just google Route 550 in Colorado - unbelievable scenery. In fact, throughout this summer I plan to drive some of the best roads in Colorado and post pics, video, and reviews on a website I will design. Should be fun.

The new 911 Turbo is faster than a ZR1... 2010 Chevrolet Corvette ZR1 vs. 2010 Porsche 911 Turbo - Comparison Tests Nissan GTWhat?

You are probably right about that. The best way to make money with cars is to have a license to buy at auctions. I have a friend who does this and makes a healthy living. He bought 2008 S550 with very low mileage for around $40k. I don't remember the last time he owned a car he couldn't immediately sell for a decent profit.