Okay, back on topic. Successful traders really never quit, its just in their blood. For example, Steven Cohen of SAC Capital. Considered one of...
If you have or want to trade with leverage, day trading is really the only way to go. Swing trading can provide higher % wins, but the overnight...
Really depends on your system, capital, and temperament. As an experienced trader, I don't like big draw downs, but I also hate leaving money on...
There was, Tradelink. Code is available, but support does not exist. I use it with IQ Feed and Sterling API.
I beg to differ on the day trading. Using a quant approach, diversified systems, and reasonable (prop) leverage, great returns with risk control....
You have to watch out with the term noise. Sometimes what appears to be noise is really a signal. I do not advocate the use of moving averages...
Just want to give my 2 cents on neural networks in trading. I use one neural network (along with 6+ other mechanical systems) to day trade etfs....
I can share it, but it is in Tradelink/C#, not in Sterling API code. Unfortunately Tradelink is no longer supported, and I now only use it to set...
I tried this in the API when I was trading multiple positions, but there would be too much lag. I found that just keeping an eye on it is the best...
You really don't want to run an algo completely unattended. You have to find a way to keep an eye on it. Platforms crash, beginning algos have...
Those do look good. Two years ago I got a Dell dual quad core server off lease on ebay for $600. With 8 cores and server memory, it has plenty...
20 years
With the New York pension fund pulling out of hedge funds, dark days are ahead. This industry will most likely start shrinking after years of...
I day trade volatility ETFs (XIV,VXX,SVXY,UVXY) for a prop trading firm. Plenty of opportunity.
It looks like a stripped down version. Why use it?
While I use tradelink to execute trades in Sterling API, I use Amibroker and Multicharts.net for research. I was very impressed with NinjaTrader...
Trading looks good. I couldn't tell from your results, but if you have multiple positions open at one time, the risk can really add up. Also,...
I want at least $300k cash before I go full time. I prop trade remotely (and also work), so I get the benefits, and risks, of leverage. I want...
I fall under option 1. My feeling is option 2. is rare, unless your a top minted hedge fund graduate, but that can be a totally different job...
I disagree that there are 'two types' of prop firms. Typically the ones that do not require an investment have very tight risk parameters, so its...
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