Search found 49 matches

by William
Sun Nov 09, 2003 6:53 pm
Forum: Testing and Simulation
Topic: Interesting test results (for a budding tester at least)
Replies: 5
Views: 5582

Robustness

Enigma, Why do you feel using the different time period sets is the best way to do things? I am asking because i battle with it myself. One example would be that in testing your system during the 1980 - 1990 period, based on all of the events and price moves during that time, you found that it creat...
by William
Tue Oct 14, 2003 12:49 pm
Forum: Trader Psychology
Topic: Technical analysts exhibit no skill in predicting.....
Replies: 7
Views: 6689

Kiwi, I couldn't agree more, i started to write out some points of contention about the "field research" and thought it wasn't worth it. I think if you understand how to use technical the right way, prediction isn't the issue. Most people expect to recieve ongoing technical commentary, which most pe...
by William
Fri Aug 29, 2003 12:53 pm
Forum: Trader Psychology
Topic: Systems, merit and philosophy
Replies: 15
Views: 11543

not to belabor this point but i find this interesting... I think this is an interesting thought experiment, which in the end may prove my point about psychology and emotions. From what i gather, you believe c.f. succeeded because he found out some secret in the rules, that Richard left for them to f...
by William
Fri Aug 29, 2003 11:56 am
Forum: Trader Psychology
Topic: Systems, merit and philosophy
Replies: 15
Views: 11543

By misinterpret, does that mean not be able to follow? c.f. has mentioned that of those that could follow the rules and initiate the same trades at the same time, they still came out with different results..because they couldnt follow the rules the entire time with an abandonment of what they deemed...
by William
Fri Aug 29, 2003 8:17 am
Forum: Trader Psychology
Topic: Systems, merit and philosophy
Replies: 15
Views: 11543

Enigma, I agree that they did some parsing out to help increase their odds on having good traders, so the study would not be able to prove that totally random people could be good traders. But the fact that they did screening and some people still weren't good traders suggests to me that it is an in...
by William
Thu Aug 28, 2003 6:15 pm
Forum: Trader Psychology
Topic: Systems, merit and philosophy
Replies: 15
Views: 11543

Congrats!

Vince, Congrats on your progress as a self-taught trader. One point i am sure you are already aware of, each turtle had varying levels of success. Some failed out immediately (Sands), some did O.K. and some did very well. So while i agree, the turtles were given a good oppurtunity to be successful t...
by William
Thu Jul 24, 2003 1:40 pm
Forum: Trader Psychology
Topic: Mindset: being who we believe we can be
Replies: 9
Views: 7850

Article by Mark Douglas

Learning Flawless Execution of a Trading System by Mark Douglas http://www.angusjackson.com/ Not sure if anyone has seen this article before but i thought it was a great read about system traders and some of the psychological obstacles that exist for system traders as well as strategies in overcomin...
by William
Mon Jun 23, 2003 8:48 am
Forum: Trader Psychology
Topic: Dos and Donts of Drawdowns
Replies: 23
Views: 22824

kmulford,

Very practical and insightful advice...much appreciated!

William
by William
Sun Jun 22, 2003 10:49 pm
Forum: Trader Psychology
Topic: Dos and Donts of Drawdowns
Replies: 23
Views: 22824

Dos and Donts of Drawdowns

Risk and Reward will forever be linked to each other's hips in trading. Since a big part of trading success entails managing one's emotions through a drawdown, i was hoping we can learn from other members' experiences, rules of thumb and mental preparation to possibly form some dos and donts of mana...