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I want to add that i think there are many honest vendors out there, especially those selling tools like Ninjatrader, the many brokers, and some of the indicator people : jigsaw, bookmap, tradeswquak , probably orderflowanalytics (don't own that yet)and etc
And If Big Mike ever opens a live trading room I will first in line to sign up!
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,041 since Dec 2013
Thanks Given: 4,375
Thanks Received: 10,192
No BS is right. Never seen anybody do anything as open as @kevinkdog did here.
My already high opinion of Kevin, was elevated to almost atmospheric levels when I saw this last week.
I seem to recall that you once stated most of your trades lasting several weeks whereas the current review linked in this thread stated that most of your positions are closed the same day and you carry virtually no overnight risk.
Out of curiosity, and I am assuming your backtests indicated that it was a good move, is there a specific reason (other than backtest results) you decided to move towards day-trading type systems?
Actually, most of my positions are swing trading strategies, holding overnight. Not sure why that review concluded differently - could have been combination of some quick exits, some rollovers, etc.