Search found 49 matches

by Nathan
Tue Feb 22, 2005 11:59 am
Forum: Brokers
Topic: requirements to become a floor broker
Replies: 5
Views: 6861

I

was in chicago about 4 months ago and talked to several floor brokers and clearning firm owners. The ones i talked too said the floor broker job is very hard to get now, almost closed to new entrants. this is because the order flow is basically leaving the pits. the job is in a terminal decline. the...
by Nathan
Mon Feb 07, 2005 8:54 pm
Forum: Testing and Simulation
Topic: Downloading data, keeping format.
Replies: 4
Views: 3403

Roscoe,

basically all i am doing is getting free data off the web page here: http://biz.yahoo.com/c/e.html I have started off going back 3 years of weekly data. the format is convenient as it is on the web page. WHen I copy it into a text file, the formats get messed up making it hard to read, so I am going...
by Nathan
Sun Feb 06, 2005 5:39 pm
Forum: Testing and Simulation
Topic: Downloading data, keeping format.
Replies: 4
Views: 3403

Downloading data, keeping format.

I have downloaded a history of the economic releases for the last three years form yahoo intoa text file. I had thought since a text file is not formatted, the downloads would simply save the pre-existing format. Yet, it does not. all hte spacing is changed, making the infromation hard to read. This...
by Nathan
Thu Dec 16, 2004 1:34 am
Forum: Data Providers and other non testing software
Topic: Real Time charts, any advice?
Replies: 9
Views: 7961

kiwi,

kiwi,

I am not familiar with the idea of getting real time data and also backfilling it for historical record from two services. with IB and the providers you mentioned, can u create a seamless package? what does maintaining this entail, do you have to dowload seperate historical data every day?
by Nathan
Wed Nov 03, 2004 2:02 pm
Forum: Stocks
Topic: what is the best web-based stock screener? Free or paid
Replies: 11
Views: 14053

the

i dont know about the specific indicators you are looking for, but the MSN money "delux" screaner is quite powerful for a free product.
by Nathan
Mon Nov 01, 2004 10:17 pm
Forum: Testing and Simulation
Topic: Ideas u consider or learn when testing.
Replies: 4
Views: 4186

bondtrader

thank you for that interesting thought and for pointing out those past discussions. the concept of looking into the effect of average vs. maximum heat is very intesting. on a more mundane note, One thought i had today was, "im glad I went back trade-by-trade to check the data" When checking out the ...
by Nathan
Tue Oct 26, 2004 3:27 pm
Forum: Testing and Simulation
Topic: Ideas u consider or learn when testing.
Replies: 4
Views: 4186

Ideas u consider or learn when testing.

One thing I feel I have learned, and this is opinion, is that technical indicators add no value. Almost every phenominon defined by a technical indicator can be more easily defined by referencing by ohlc directly. channels, deviations, ratios.. Im not saying they can't work, but i for one do not thi...
by Nathan
Wed Oct 06, 2004 5:57 pm
Forum: Trend Indicators and Signals
Topic: has anyone studied Toby Crabel's ideas?
Replies: 6
Views: 7214

f

"However, many of the patters have so few trades, that it's not clear how anyone can verify them statistically with any degree of certainty." My comment is not specifically with regard to any particular idea of toby crabel's. However, it does have to do with defining and testing ohlc patterns and pa...
by Nathan
Fri Sep 17, 2004 7:21 pm
Forum: Money Management
Topic: Position sizing tight stops on non-leveraged stocks
Replies: 8
Views: 6171

.

your rules and your intent are not in harmony. If this is not what you want, then you reconfigure your rules. Its that simple. The optimal solution you invision in your head may or may not be possible given the realities of trading the markets. c.f. mentioned Cheap equities. This can potentially be ...
by Nathan
Thu Sep 16, 2004 8:06 pm
Forum: Money Management
Topic: Position sizing tight stops on non-leveraged stocks
Replies: 8
Views: 6171

j

"So: is this (lack of risk) a problem, or not? If it is a problem (inefficient), what's a better way?" If this is or is not a problem is a question to ask yourself, I have no clue how someone could try to answer this for you, as it relates to your own goals, desire for risk, ect. WHen you construct ...
by Nathan
Wed Sep 15, 2004 4:06 pm
Forum: Data Providers and other non testing software
Topic: DTN
Replies: 2
Views: 3269

DTN

does anyone have experience with real-time dtn satallite data feed? If so what are your experiences with regards to data quality, speed, reliability.
by Nathan
Tue Sep 07, 2004 11:00 pm
Forum: Forex
Topic: top forex traders ever in history
Replies: 6
Views: 7736

isn't Kovner now

managing something like 10billion? I believe he is charging 3 and 30 so he must be doing a pretty damn good job.
by Nathan
Fri Sep 03, 2004 11:19 pm
Forum: Trader Psychology
Topic: An ironically bad trade based on fundametals ...
Replies: 3
Views: 5182

good story.

hey u ended the night up 1 free beer. You came out ahead!!!

At least you were not the economist who said "It can't be a 5 note on the floor, because it was someone would have already picked it up!"
by Nathan
Fri Sep 03, 2004 4:30 pm
Forum: Futures Markets
Topic: A swan strikes
Replies: 15
Views: 10650

im don't think

I would not call this a black swan event, because the unusual price behavior in the minutes after the announcement was fairly predictable and even expected. You can incorperate this into your method in many ways. For example, because the crazy price girations were expected, You can hold you orders f...
by Nathan
Thu Aug 26, 2004 3:22 pm
Forum: Trader Psychology
Topic: trading and poker
Replies: 8
Views: 11570

poker.

Some time ago I got interested in texas hold em. I read a book that included basic strategy. I did not try to become an expert, because i am not that interested in the game. Anyways, I made up a basic system for pre-flop (very tight). And learned some of the logic of playing the flop and on. I then ...
by Nathan
Thu Aug 26, 2004 2:37 pm
Forum: Trader Psychology
Topic: goal setting.
Replies: 5
Views: 6968

process.

I have heard of process oriented goals. They make sense in theory, but for me, they have never worked. I can't get motivated if i am focused on processes as a primary. I get motivated to do the process by aiming at a target. I then do/create the process because i know that will get me from point A t...
by Nathan
Tue Aug 24, 2004 2:50 pm
Forum: Testing and Simulation
Topic: Cost of Production
Replies: 10
Views: 8629

this

reminded me of bruce kovner's interview in mkt wizard. He talks about how he had to adjust to the characteristics of bear markets and shorting.
not doing this resulted in his one losing year.

Perhaps some wisdom from his discretionary method/style could be of use.
by Nathan
Tue Aug 24, 2004 1:14 am
Forum: Trader Psychology
Topic: goal setting.
Replies: 5
Views: 6968

goal setting.

I feel that goal setting is important to trading psychology and performance. So, those of you who set goals and use them, how do you make them relevent to your trading? Of course, the specifics of any outcome based goal must be based partly on the system or method the trader is using, and the range ...
by Nathan
Sun Aug 22, 2004 10:14 pm
Forum: Trader Psychology
Topic: trading myths.
Replies: 18
Views: 19691

l

Thank you for ksberg, for conttributing to this thread that I started. it came about as one of those things that happened after a long car ride: I realized how my views had changed over time, belief becomes disbelief, one sided views become many sided, and for some reason, wanted to get it down. I a...
by Nathan
Sat Aug 21, 2004 7:08 pm
Forum: Trader Psychology
Topic: trading myths.
Replies: 18
Views: 19691

j

it seems people would rather attempt to argue than share any thoughts from their personal experience. Great but, im not interested in that. Richard, I disagree with you but who cares. it seems people are so eager to contradict with their two cents, they may not even bother to first understand a diff...