Search found 3 matches

by Jim Wells
Sat Oct 18, 2003 2:03 pm
Forum: Trader Psychology
Topic: Technical analysts exhibit no skill in predicting.....
Replies: 7
Views: 6751

"field study"

I saw the study (did not participate) and wrote Mr. Burns with some suggestions for a contest and he was kind enough to reply within a few hours. Below is his email to me with most of mine quoted inline. --- Thanks for your email. You are right that designing a study for this area is exceedingly har...
by Jim Wells
Wed Jun 25, 2003 3:54 am
Forum: Forex
Topic: Backtesting a forex portfolio
Replies: 17
Views: 16975

Damian, Thanks. The approach you describe is what I've elected to use, despite the problem you mention. It turned out that the routine in my software to determine my equity in the other currency was a mess and I was stumped on the math, which I was pretty sure was correct, when my coding was the pro...
by Jim Wells
Wed Jun 25, 2003 2:29 am
Forum: Forex
Topic: Backtesting a forex portfolio
Replies: 17
Views: 16975

Money management with different currencies

I'm working my way through a similar problem here. I had written some software a good while back to trade stocks and the money management worked like so (example is for long trades only): $max_risk_per_trade = .025; #never lose more than 2.5% per trade $risk_in_trade = $entry_price - $sell_stop; #pe...