joe_sixpack

Still holding your breath, guys? Lol. Well, I too hope that all is well with him, but that was not the best start.

Define "soon" for starters. In any case, I doubt it. The US cannot afford it.

Well, the "goodies" were not necessarily (always) legal, so sooner or later someone was bound to go after them. I guess that's what happened.

Try this http://www.anfutures.com/ Not free, but the prices are reasonable.

A technical support for what? TWS or BT? Never requested either. IB is for those who really don't need much support. If you are not one of those people, you probably need to look somewhere else. There are plenty of smaller brokers, mom and pop shops, that can be more suitable for technically challenged people. IB is a very good broker, they offer competitive commissions and if you use BT then you really don't need to rely on TWS that much.

I should add that they run forums that denigrate their competitors, that is other vendors, which I find very unprofessional and sleazy. One of the vendors that was really bashed on mypivots.com is David Marsh of eminitradingstrategies.com. I cannot comment on his work as I have never been a part of his trading group, but at least he puts his name on his site and to the best of my knowledge does not engage in denigrating his competitors. I would not trust anything that is posted on a competitor's website unless that competitor really inspires trust.

To me, mypivots.com is one of those sites that I wouldn't waste my time on, and I say so as an online business owner of 10 years, even if my business is not related to trading. Here is why: 1. the owner does not identify himself; not very professional, does not inspire confidence, 2. there is no evidence that the people behind this business are successful traders, 3. they don't have much to offer that you could actually make money with.

The best combo I have found for trading with IB is Amibroker and Bracket Trader, but now I am using Sierra Chart and Bracket Trader because of my trading methodology. SC is pretty good too. I prefer it to NinjaTrader big time.

IB is a very good broker. I have been using them for about 3 years. Their commissions are very competitive, especially for YM, which is what I trade. But their margins are not very competitive. You can get the best margins from some small brokers.

Talk to the vendor, study his website, and keep in mind that your mileage will vary, even a lot. In short, it's a discretionary trading methodology (quite a mouthful, lol), so it's not a system but a bunch of ideas of how to stalk the market. Since it's discretionary, it's not really possible to backtest it or talk about some objective performance. It uses quite a few indicators, rather basic, all standard to Sierra Chart, but how you combine them is more important than what they are. It's a very extensive course, but you don't need to digest all of it to make money. If you are not into discretionary trading, it's probably not for you, but I was not and now I am so as you see you cannot really predict.

Not true. It's not a system and it's not about 5 moving averages.

It's not a system, so you cannot talk about drawdowns in any objective manner. I have never had a serious drawdown, but that's just me. If you follow it as a system which it never meant to be you are doing something wrong.