CYOF said:My dear friends, as Socrates has mentioned many times, we are not here to teach anyone, we are here to observe why so many remain within the realms of the 95%
Do not expect to ask and receive an answer to your questions, for the answer to all questions lie within, not without.
I will, however, seen as you are fellow Irishmen, post the ION dialogue again for to show how so many who talk about trading on this site are nothing but Inspired.
Academic textbooks and nonsensical rubbish will be your greatest obstacle - your ability to see through this dense fog will be in direct proportion to your level of awareness and understanding of Factual information - no more, no less :idea:
I start understanding the way you play it here. As I am used to give my messages in a direct way and very attentive to the results, it sounds very strange to me the code used here. But if it can help me to widen my understanding, I will be happy to comply. First of all, thanks a lot for the list you linked in the previous message. I hope I will not be boring for these people as I may result boring for you sometimes.
I also hope I am not, or at least I will not be what you call a monkey for so much time.
As I told you before I want to move and improve my trading and try to bring it to the next level. To obtain this objective, these are the initial step I intend to do:
- identify the set of tools I need (I want to leave my java-based approach, or use it only for specific activities, eg. screens);
- start focusing on different instruments where I want to port my proprietary indicator (e.g. futures)
- keep improving the rules of my trend following system (one pattern at time)
- automate calculation of risk/return and stop loss for my long/short stocks position.
- "industrialize" my personal journal and enforce measures on it.
There and will be more to this list and in the next days/weeks I want to have a complete prioritized list and a plan to proceed with.
Any insights or advices on the first point?
I would like to have a tool which allows charting and coding a system and my proprietary indicators. I would also like to do some simulations. I have been reviewing Ninja Trader, but it seems a little limited to me (for day trading simulations).
Any ideas on other tools I should review, besides Tradestation, which the one I currently lean towards to?
Any help, greatly appreciated. :idea:
With my respect,,,