Search found 15 matches

by bloom
Tue Oct 14, 2003 6:30 am
Forum: Trader Psychology
Topic: Technical analysts exhibit no skill in predicting.....
Replies: 7
Views: 6716

I read the article to the point where it says there is only 19 respondents.
and then I thought I wouldn't want to waste my time anymore..

and it was suppose to be conducted by a statistican..

I didn't bother to read the bottom, tell me if I am miss something..
by bloom
Tue Sep 09, 2003 10:39 am
Forum: Testing and Simulation
Topic: Monte Carlo Simulation
Replies: 22
Views: 20412

hmm..we know that volatility is the lifeblood of any system, and we also know that volaitlity is cyclical, so I would think that the distribution of trades is probably mean-reverting. Would it be possible to simulate this in MC? Is there any tools that could simulate a probability distribution with ...
by bloom
Mon Jun 30, 2003 11:13 am
Forum: Brokers
Topic: Interactive Brokers
Replies: 20
Views: 33463

I am using IB and couldn't be happier..the best thing is that you can

trade almost all the major markets, with through one account and

interface. they are putting out nikkei and KOSPI futures out soon too..
by bloom
Sun May 25, 2003 12:59 am
Forum: Money Management
Topic: perplexed: Position Sizing
Replies: 10
Views: 12308

gbos:

Thanks for the file!!!
by bloom
Wed Apr 30, 2003 5:36 am
Forum: Testing and Simulation
Topic: Steps in evaluating/testing a system
Replies: 13
Views: 7753

I think most curve-fitting comes from filters and complicated exit rules. It all comes back to the underlying assumptions you are making about the behavior of the market. Adding filter is same as assuming the market won't provide any oppuntunities when the criteria is not met. I think this assumptio...
by bloom
Sat Apr 26, 2003 2:07 am
Forum: Trader Psychology
Topic: The Balance of IQ & EQ.
Replies: 4
Views: 4868

50/50

Life is all about balance..

:D
by bloom
Fri Apr 25, 2003 5:27 am
Forum: Trader Psychology
Topic: What motivates us???
Replies: 8
Views: 8669

As William Echkart has said in MW..

trading is such a emotionally painful experience that I personally can't imagine anyone doing it other than for monetary gain...
by bloom
Thu Apr 24, 2003 10:54 am
Forum: Testing and Simulation
Topic: Confirming Robustness
Replies: 10
Views: 6542

cockroach

damian's evolution metaphor is a very fitting and A zero sum game like futures is definitely a very likely environment where evolutionary force will apply. I hope there are some zoologist among us who can tell me what is the most "robust" living organism on planet earth. I would define a robust orga...
by bloom
Thu Apr 24, 2003 4:07 am
Forum: Testing and Simulation
Topic: Long Term vs. Short Term Strategies
Replies: 8
Views: 7143

If you believe the market are fractal in nature and self-similar across timeframe, which is to basically saying the statiscal properties of the market is the same across all timeframes, then there shouldn't be any difference between longterm or shorterm trading and we should favor short-term trading...
by bloom
Thu Apr 24, 2003 3:53 am
Forum: Testing and Simulation
Topic: Confirming Robustness
Replies: 10
Views: 6542

assumptions and robustness

I will drop in my two cent.. I think robustness of a trading system is closely related with the assumptions under which the trading system is design. The turtle /breakout system so robust because it 's so simple. Basically, the only assumption is making is that " if the market is going to trend up/d...
by bloom
Thu Apr 24, 2003 3:19 am
Forum: Testing and Simulation
Topic: Benchmark Test Data
Replies: 15
Views: 11576

I like CSI and I think a lot of people use CSI.

By the way, Forum Mgmnt, Can Veritrader be used with intraday data too?
by bloom
Tue Apr 22, 2003 10:14 am
Forum: Forex
Topic: Forex and Trendfollowing
Replies: 9
Views: 10906

I personally trade one of the baby stock index futures which has only started trading a few years ago. I can definitely tell you it trades very differently from mature market such as the S&P or the DAX. The profit factor drop by half when I put my system I trade on the mature markets. I guess it's j...
by bloom
Tue Apr 22, 2003 12:58 am
Forum: Forex
Topic: Forex and Trendfollowing
Replies: 9
Views: 10906

"How trending 'baby markets' develop into mature random markets. Panholzer points to the increase in randomness and decline of trending in the major currency markets since their inception. He contends that markets develop from 'baby' markets to mature markets. Newly opened 'baby ' markets, not being...
by bloom
Thu Apr 17, 2003 9:03 am
Forum: Trader Psychology
Topic: Short-Term vs Long-Term Trading
Replies: 16
Views: 14160

I have quite a different take on the subject, I think more a necessity of changing timeframes rather than a psychological choice. I wrote something about it on another forum, I am going to re-post it here Tell me what you think... "I remember reading somewhere that the markets is analogous to a eco-...
by bloom
Thu Apr 17, 2003 2:09 am
Forum: Trader Psychology
Topic: A moment of significant enlightenment
Replies: 16
Views: 16328

I have read the Richard Dennis interview in Market Wizard for don't know how many times for the last couple of years and the small sections on the turtles inspires me everytime I read it. IMHO The turtle experiment prove beyond a doubt that trading can taught and you don't need to have the "trading ...