Recent content by LazyManForex

I've been in your shoes. I've always based it on worst historic drawdown then double it for safety. In addition though, I trade a significant number of strategies simultaneously so my account risk is even more distributed. Plus I have a significant number of strategies that have fixed risk. But...

It's been a while, but wasn't he one of the original breakout traders, buying when stocks hit new highs. Or was that someone else? Also, way back when I was studying this stuff, wasn't he also the 1 to many methodology for money management. Ie many small investment lots each aggressively...

Sorry, the two bucks was a reference to a Livermore story I base most of my money management off of. -The laziest man at LazyManForex-

Okay, I only lost two bucks.

Tradestation -The laziest man at LazyManForex-

Looks like a great way to get 5k out of you. Not a stake, just money gone. -The laziest man at LazyManForex-

Ditto!

There is a clear math relationship between winrate and win loss ratio (risk to reward). Sit down with pencil and paper and work it out. It will be worth it, and important you understand it. If I or someone else just tells you, you won't "own" it. It should be your discovery. Then Google...

The kudos was for bangkoker. Couldn't edit post : - ) -The laziest man at LazyManForex-

kudos! -The laziest man at LazyManForex-

Time you spend on infrastructure will pay off later. Ie. Worry now so you don't have to worry later. -The laziest man at LazyManForex-

A vps/offsite "ea" is a good long term investment for your trading. You never have to worry about power or internet. Internet goes down a lot more than you think at home. It's only momentary, but for a trader that can be big. Download something called serversalive for free, set it for your...

Yes, hosting is I buy the servers and ship them to a 3rd party to put them in a rack. They have redundant internet and power. Servers are measured in 1Us for their height. Theoretically 40 U's can fit in a rack. The Miami datacenter charges me for a 1/2 rack, so I put 20 1U servers there. The...

yup.

I have my own servers but I recently looked into vps's to steal some CPU cycles. First, find the IP of the trade server of your broker. Next call the vps service and ask them to ping your datacenter from INSIDE the vps network. Not the sales office. You should be way under 50 ms. Way under...