Search found 254 matches

by Kiwi
Sat Apr 26, 2003 5:29 am
Forum: Money Management
Topic: How much Capital to start
Replies: 25
Views: 26122

Also, there is no commission, just the higher spread, which for a small bet size can be a pretty good deal. But, they are only tax free in the UK. Also I think that the 1c per point is finspreads (tell me if someone else is offering it please) and although their advertising says 1c per point the sma...
by Kiwi
Sat Apr 26, 2003 5:12 am
Forum: Trader Psychology
Topic: The Balance of IQ & EQ.
Replies: 4
Views: 4851

Having worked for companies that fell into the trap of trying to hire everyone in a similar type I'd expand the definition. If I wanted someone to analyse new ideas or write software (while I ran the human interface) then I would go for IQ and keep them away from people 8) . I think Drucker said som...
by Kiwi
Fri Apr 25, 2003 7:48 pm
Forum: Trend Indicators and Signals
Topic: Contra Trend Following Techniques
Replies: 3
Views: 5605

Options can be used in a variety of ways. You could sell into a rise or you could sell vertical spreads into a rise to reduce you cost of sale ... for a smaller profit. The biggest question with counter trend is when to exit as the counter trend exit is not as obvious as the trailing stop for trend ...
by Kiwi
Fri Apr 25, 2003 4:22 am
Forum: Trader Psychology
Topic: What motivates us???
Replies: 8
Views: 8664

My initial motivation was to get my share of the bull market (I missed the top of the 87 bull market because I was paying off a mortgage). This lead to a fascination with the markets and a discovery of diversification. Because I missed the 87 top I was fascinated by the oncoming top which meant that...
by Kiwi
Fri Apr 25, 2003 2:26 am
Forum: Custom C++ or Java Platforms
Topic: WHY C++ ...
Replies: 17
Views: 20231

Having learned fortran, 3 types of assembly language, pascal, modula and a basic variant in my engineering days I have resisted learning C and Visual Basic. I moved from Metastock to Tradestation and Easylanguage (haha) when I moved to futures because the system tester dealt more accurately with ent...
by Kiwi
Thu Apr 24, 2003 2:51 am
Forum: Testing and Simulation
Topic: Benchmark Test Data
Replies: 15
Views: 11564

Another thought(s). For commodities EOD would CSI, say, allow release of a subset (20 commodities backadjusted from 1980-1999 only) along with acknowledgement of where it came from. For stocks & indexes EOD everyone could be referred to yahoo. For intraday there are a number of samples on the web bu...
by Kiwi
Tue Apr 22, 2003 2:23 am
Forum: Trend Indicators and Signals
Topic: VERY long term trends.
Replies: 6
Views: 7482

Damian, I looked at weekly and monthly bars after reading an article on the futurestruth website and found that the trends are rather smooth. I then applied aberration and gsx to the data. GSX is a little shorter term than aberration and performed very well. I think you'd need to shorten the period ...
by Kiwi
Sat Apr 19, 2003 7:47 pm
Forum: Testing and Simulation
Topic: Portfolio Selection
Replies: 57
Views: 52189

To Sir G: got it, loved the story but do see my response to DaveS for a little support for Goldie. To Dave S: before I respond be aware that I speak from the perspective of one who entered futures to get diversification that I didnt perceive in stocks. For me diversification provides returns with p...
by Kiwi
Fri Apr 18, 2003 8:51 pm
Forum: Testing and Simulation
Topic: By What Measure? - How do You Know if a System is Good?
Replies: 83
Views: 75128

Ted, I'm not sure what Damien's reason for preferring the first curve will be but mine is simple. If the system is not in the market during the periods when it is flat and takes the same risk when it is in the market then the overall risk is considerably lower. What I mean by that is that an unforse...
by Kiwi
Fri Apr 18, 2003 8:15 pm
Forum: Testing and Simulation
Topic: Historical Data
Replies: 31
Views: 24618

I've used CSI Data http://www.csidata.com for futures. This is an expensive option but they provide "the best" end of day data around. They they do stocks as well. For stocks and indexes (end of day) I've used yahoos historical data (downloads as an excel csv spreadsheet). For short term you can fin...
by Kiwi
Fri Apr 18, 2003 8:07 pm
Forum: Testing and Simulation
Topic: Portfolio Selection
Replies: 57
Views: 52189

I dont actually understand the question :twisted:
by Kiwi
Fri Apr 18, 2003 5:45 am
Forum: Testing and Simulation
Topic: Portfolio Selection
Replies: 57
Views: 52189

Philosophically I think that the first challenge is to select a number of historically poorly correlated markets that are likely to be poorly correlated in future. I think the second challenge is to accept that they may not be uncorrelated in future and to have a strategy for dealing with this devel...
by Kiwi
Thu Apr 17, 2003 4:52 am
Forum: Futures Markets
Topic: How are people executing futures trades?
Replies: 6
Views: 6449

I've used electronic and pit based options. It all depends on liquidity and trust (in your brokerage chain if you use pit based futures) so I use whatever most other people use. In some cases the pit is dishonest - most Chicago brokers would point at a number of the NY exchanges as risky and I can a...
by Kiwi
Wed Apr 16, 2003 7:11 pm
Forum: Trader Psychology
Topic: Short-Term vs Long-Term Trading
Replies: 16
Views: 14106

Hi Dave, In your reply to a post I see two areas where there seems to be missunderstanding (please correct me if its mine and also if you object to people attempting to answer questions that may be directed at you :? ) Hopefully I'll add value anyway. The first relates to timeframe. I also take the ...