Search found 6 matches
- Tue Nov 27, 2007 9:01 am
- Forum: Testing Software
- Topic: Any opinions on Wave59 (a pattern matching software)
- Replies: 1
- Views: 6854
Any opinions on Wave59 (a pattern matching software)
I am currently looking for a software which automatically creates patterns and checks for their profitability. Now I was informed of a software called Wave59 (https://www.wave59.com/) and that this piece can at least search for already defined patterns. Well, they don't offer a free trial - you have...
- Thu Jul 12, 2007 2:35 am
- Forum: Testing and Simulation
- Topic: R-Multiple misleading ?
- Replies: 24
- Views: 22774
- Thu Jul 12, 2007 12:09 am
- Forum: Testing and Simulation
- Topic: R-Multiple misleading ?
- Replies: 24
- Views: 22774
Jason, thank you for your thoughts. It should be clear for every serious trader how to handle ongoing open risk. The solution to convince customers to accept draw downs is not that easy. Consider a new customer who enters on a new equity high, which old customers have as open equity, and the open tr...
- Wed Jul 11, 2007 9:19 am
- Forum: Testing and Simulation
- Topic: R-Multiple misleading ?
- Replies: 24
- Views: 22774
R-Multiple misleading ?
I would like to discuss a potential pitfall of the R-multiple concept. The problem is, that having the R-multiple as a "fitness function" (i.e. the bigger the better) you are considering the "markets money" (i.e. money you have made in a still open trade) different to "your ...
- Mon Jul 26, 2004 1:32 pm
- Forum: Money Management
- Topic: Definition of 'Money Management' vs. 'Risk Control'
- Replies: 2
- Views: 4944
- Sat Jul 24, 2004 10:51 am
- Forum: Money Management
- Topic: Definition of 'Money Management' vs. 'Risk Control'
- Replies: 2
- Views: 4944
Definition of 'Money Management' vs. 'Risk Control'
I was always wondering, what the difference between 'Money Management' vs. 'Risk Control' is. I don't see Money Management in the TradeStation sense as some type of stop loss scheme but as (in Tharp's definition) a form of 'Position Sizing', i.e. 'how much'. But what is 'Risk Control'? Position sizi...