Search found 36 matches

by leonardo
Sat May 22, 2004 5:17 pm
Forum: Trend Indicators and Signals
Topic: stalking the first big trend when starting out
Replies: 11
Views: 12016

-LeapFrog-

Thanks for the kind words.

It was more fun to live through it than to write it.

I do believe that one could get a start the same way again. Markets like oats, corn, orange juice, and even coffee offer similar opportunities today.

--Leonardo--
by leonardo
Tue May 11, 2004 11:37 pm
Forum: Money Management
Topic: Thoughts on entry price, and open vs closed equity
Replies: 9
Views: 7916

..., when does the money become yours ? (equity). When the money is in your account. Example: You start the year with $100,000. At the end of the year, if you have $277,000 in your trading account and $28,500 of it is open equity from a Coffee position, the IRS is going to tax you on all $177k of t...
by leonardo
Tue May 11, 2004 11:16 pm
Forum: Futures Markets
Topic: Trading strategies and discussion
Replies: 13
Views: 9621

So if you're running an avg 16 long term trades per month and 6 short term trades per day, does that mean you're in equities as well as futures? Or are you generating that volume of signals from just 80 markets? Yes, but I trade less than 80 markets. I follow the 35 - 40 which are most active, most...
by leonardo
Mon May 10, 2004 12:59 am
Forum: Futures Markets
Topic: Trading strategies and discussion
Replies: 13
Views: 9621

---phoenix--- ....would you mind giving a rough estimate of how many trades you make per year and a ballpark profile of your long term win / loss / scratch ratio? Also, would you say that you see a small number of trades making up for the bulk of your gains (5% of trades accounting for +40% of prof...
by leonardo
Tue Mar 30, 2004 7:04 pm
Forum: Money Management
Topic: What % equity to risk on high expectation trades?
Replies: 7
Views: 5962

I would risk at least 20% of my net worth per trade. And 25% per trade of my trading account.

I always want to bet on the low side of optimum.

Leonardo--
by leonardo
Thu Mar 25, 2004 2:45 pm
Forum: Futures Markets
Topic: What course would you suggest?
Replies: 9
Views: 11025

I've known Larry Williams for a long time, and bought a few things from him over the last 30 years. And usually found something useful from them. He does trade. Which is a lot more than most purveyors of information do. He has tried out more things with real money than anyone else I know. I remember...
by leonardo
Thu Mar 25, 2004 1:35 pm
Forum: Futures Markets
Topic: Trading strategies and discussion
Replies: 13
Views: 9621

DrHendricks I'm sorry, I didn't see your your question until a minute ago. Quote: I turn low risk ancillary trades into longer term trades whenever possible, increasing my net size in the trend without additional initial risk. Leonardo would you care to illustrate what you mean by this with an exam...
by leonardo
Thu Mar 25, 2004 12:24 pm
Forum: Futures Markets
Topic: Trading strategies and discussion
Replies: 13
Views: 9621

-MCT- I almost hesitate to speak about this way of trading. Feel free to test it. It worked 30 years ago when I started using it and works exactly the same now. You trade about 2 times a year per market with usually 50% or greater winners, about 35% in the market, and high profit factors are the no...
by leonardo
Wed Mar 24, 2004 11:23 am
Forum: Futures Markets
Topic: Trading strategies and discussion
Replies: 13
Views: 9621

- MCT .. and what’s your thought on timing? Do you believe simple entries and exits suffice? Is a simple breakout reason enough to accept 50-100 or more trades in a given year? Yes, simple entries and exits work just fine. Simple breakouts work too, but then one gets into what is "simple". I would...
by leonardo
Tue Mar 23, 2004 5:40 pm
Forum: Testing and Simulation
Topic: Monte Carlo analysis of trading systems
Replies: 17
Views: 16845

The incident shows that someone finally succeeded at the mission of the brainiacs who starred in Eudaemonic Pie . The same guys behind the The Predictors . link to book descriptions: http://www.amazon.com/exec/obidos/ISBN%3D0395353351/002-8446944-3192811?tag=tradingblox-20 http://www.amazon.com/exec...
by leonardo
Tue Mar 23, 2004 3:26 pm
Forum: Testing and Simulation
Topic: Monte Carlo analysis of trading systems
Replies: 17
Views: 16845

Would the casino have minded the three using their contraption if they lost?

-Leonardo-
by leonardo
Tue Mar 23, 2004 2:26 pm
Forum: Futures Markets
Topic: Trading strategies and discussion
Replies: 13
Views: 9621

MCT My thoughts about diversification are similar to the turtles. Since I've been trading to make a living primarily, I shoot for 100% years like the great-shelled-ones too. Ask me if I've ever had a 50% drawdown. :lol: I trade the two strongest/weakest markets in each of the six market categories....
by leonardo
Mon Mar 22, 2004 5:10 pm
Forum: Futures Markets
Topic: Trading strategies and discussion
Replies: 13
Views: 9621

paris By the way Leonardo, would you say the principles of successful trading (as you see them) are still the same despite all the modernday bells and whistles? Do you still trade the same instruments now that you traded, say, 20 years ago? Perhaps you could throw in your two cents on Trading Psych...
by leonardo
Sat Feb 14, 2004 1:55 pm
Forum: Testing and Simulation
Topic: Monte Carlo analysis of trading systems
Replies: 17
Views: 16845

I thought the cartoons were great! I access this site exclusively with dial-up and had no problems.

No slowing of text visible.

If currency trading was only as easy as it is for the Count of Monte Cristo.

-Leonardo-
by leonardo
Sat Feb 07, 2004 6:28 pm
Forum: Money Management
Topic: Question? Ralph Vince & How much to put on a trade?
Replies: 9
Views: 10055

joeb4now I've been searching for an answer in the field of "What is the perfect amount to risk per trade - with all factors being accounted for" I think what you are searching for is what everyone would like have too. The problem with the solution is the "all factors being accounted for" tag. You w...
by leonardo
Tue Jan 20, 2004 5:33 am
Forum: Trend Indicators and Signals
Topic: stalking the first big trend when starting out
Replies: 11
Views: 12016

Truth in trading--

c.f.-- I know you did the right thing when you told the unvarnished truth about trading. It does take money, and/or many correctly applied trades to have a reasonable expectation at profiting from trend trading. By being forthcoming about the realities of trend trading, you can only gain in credibil...