Search found 254 matches

by Kiwi
Tue Jan 06, 2004 11:37 pm
Forum: Testing and Simulation
Topic: Improve Risk:Reward by using different time frames?
Replies: 20
Views: 24564

Your provide one approach to it Douglas but here are a couple more. I would evaluate my equity based on closed trade equity or a variant including money protected by stops. I would never "loosen of my stops". So say I entered with a 5 tick risk (vs 30 for a normal eod entry). When the first retracem...
by Kiwi
Sun Dec 28, 2003 5:47 am
Forum: Trend Indicators and Signals
Topic: EXIT signals ...
Replies: 29
Views: 32687

You're being overly sensitive Erwin. You seem to have confused humour with insult. Some of your posts read a little funny to me but I assumed that it was the translation rather than the intent. I think you owe Kianti the same assumption. Its interesting that your posts don't read as if they were fro...
by Kiwi
Fri Dec 26, 2003 3:29 am
Forum: Money Management
Topic: Total Capital Requirements
Replies: 5
Views: 5859

Chris, I will just address one exageration which reflects a misconception that I think others have as well. That is that the larger spread on a spread bet makes it unattractive for some/all/any strategy (depending on whos statement it is). The facts are: - given a strategy you need to ask can you ma...
by Kiwi
Thu Dec 25, 2003 8:34 pm
Forum: Trend Indicators and Signals
Topic: EXIT signals ...
Replies: 29
Views: 32687

Post Xmas Fun. Merry Xmas everyone ... or whatever celebration you were involved in at this time of the year. I see c.f. objected to 3. I would like to have a go at 2 and 5 for some fun. 2. indicators don't have predicting value To me this contradicts 4. For example a moving average is a trend follo...
by Kiwi
Thu Dec 25, 2003 8:11 pm
Forum: Money Management
Topic: negative correlation
Replies: 6
Views: 6093

First -- Merry Xmas to everyone and I hope that your markets trend in your desired timeframes this year. What follows is my opinion. Correlation and negative correlation mean the same thing from a system development perspective. C=1 means the two commodities are identical with some factor of proport...
by Kiwi
Sun Dec 21, 2003 11:17 pm
Forum: Money Management
Topic: Correlation
Replies: 19
Views: 11952

Heres another thought. To me correlation is likely to be on again off again and sometimes ridiculous. IMO the best I can do is pick a portfolio that are unlikely to be correlated (and historically dont seem to have been too correlated too often) and use that. An example would be: 2 currencies, JY an...
by Kiwi
Fri Dec 19, 2003 8:25 pm
Forum: Forex
Topic: Best Way to Trade FX
Replies: 5
Views: 8524

So you wouldnt deal with any broker then kpj. They all fit that description - although some times it takes a while to notice. I don't used deal4free. I use finspreads out of the UK for my spreadbetting. One of the things I didnt like about deal4free in Aus is that they dont support spreadbetting but...
by Kiwi
Thu Dec 18, 2003 5:36 am
Forum: Money Management
Topic: Products
Replies: 2
Views: 3273

I stopped trading lumber after i experienced a couple of thousand dollars of slippage per contract. Rice is normally ok and oats isnt terrible.
by Kiwi
Sun Dec 14, 2003 10:50 pm
Forum: Testing and Simulation
Topic: S&P 500
Replies: 14
Views: 9260

Try testing it on russell 2000 futures as well. I would expect that your "relative" stops would be lowest on ER2 then on YM then on ES and finally widest on Nas because of the volatility. The players and components of these futures are different so you need to "optimise" for the trading vehicle :P J...
by Kiwi
Sun Dec 14, 2003 12:13 am
Forum: Money Management
Topic: Ryan Jones' Money Management
Replies: 33
Views: 36154

Absolutely. I would be more than pleased to see that Ryan had joined the exceptions. The account of anyone who traded a full size portfolio with aberration, synergy or ryan's system in the recent past using his start up rules would be interesting reading I suspect. And my sympathy to anyone who did ...
by Kiwi
Sat Dec 13, 2003 5:43 pm
Forum: Testing and Simulation
Topic: S&P 500
Replies: 14
Views: 9260

I wouldnt be even slightly worried that it didnt work on bonds. Try it on ESTX50, DAX and YM instead. I trade both bonds and estx on 1m and 3m bars and will take a 3m divergence on estx (given some other criteria) but will normally wait for two divergences on bonds and tighten the criteria up becaus...
by Kiwi
Sat Dec 13, 2003 5:39 pm
Forum: Trader Psychology
Topic: NLP - anyone benefit?
Replies: 9
Views: 10484

Bill

What is the problem(s) you would like to solve?
Also are you a visualiser (can form images of things) as different strategies seem to work better depending on this element?

John
by Kiwi
Fri Dec 12, 2003 7:35 pm
Forum: Money Management
Topic: Ryan Jones' Money Management
Replies: 33
Views: 36154

IMO and many others (there is much discussion 2 yrs back on omega group threads with good testing to justify the opinions) Ryan is just selling books. If you can trade you trade. If not ..... The best money management for normal players is to bet a fixed fraction of your equity on every trade. You c...
by Kiwi
Tue Dec 02, 2003 4:54 pm
Forum: Trend Indicators and Signals
Topic: EXIT signals ...
Replies: 29
Views: 32687

Nearly eminime. Because the stop smooths out the results stridsman says that the system is better. I am a bit too lazy to figure out why again at the moment as I have different focusses at the moment. But in very simple terms if you max loss without a sl was 5000 and your max with a sl was 2500 then...
by Kiwi
Tue Dec 02, 2003 4:47 pm
Forum: Trend Indicators and Signals
Topic: MESA & related
Replies: 25
Views: 28952

I popped your code into tradestation. When I had a look at daily data for yen (one of the nicest trenders out there) I didnt see the SNR drop near 6 in 3 years. So I tried USDX and was able to get it to drop. The times it dropped below 6 were good trading opportunites but you could go broke waiting ...
by Kiwi
Tue Dec 02, 2003 4:25 pm
Forum: Futures Markets
Topic: Contract Trading and Specifications
Replies: 1
Views: 2811

It scares me a little that you dont know the answer to the first questions yet are planning to go straight to big contracts. I guess you have either experience or a bankroll that will permit you to take the big leap. The S&P and Nas100 are both traded on globex as full size contracts and you can get...
by Kiwi
Tue Dec 02, 2003 5:07 am
Forum: Trend Indicators and Signals
Topic: MESA & related
Replies: 25
Views: 28952

Attached are the sinewave and average. TS2000 elas. Also his Stoch and CG. Two were from the Omega group, one I wrote and the other I'm not sure about but all were public domain. Personally I dont think that trading is rocket science and dont use any of these indicators but you are welcome to see if...
by Kiwi
Fri Nov 28, 2003 3:57 am
Forum: Trader Psychology
Topic: How to handle missing a profitable opportunity
Replies: 5
Views: 4956

My personal approach would be to check my rules. If my rules meant that I should have been in then I would kick myself hard. I would do some exercises to replace any faulty beliefs that might have driven the mistake and to ensure that I deeply understood that I shouldn't fail that way again. If my r...
by Kiwi
Sun Nov 23, 2003 12:16 am
Forum: Forex
Topic: Discretionary or systematic trading?
Replies: 9
Views: 7542

I dont understand the relevance of fire here but I will try to make myself clearer. You posed a question: Back tested this turtle staff on stocks recently and from what I can see it performs worse then the simple moving average penetration system. How come? I stated: I would be surprised if any brea...
by Kiwi
Sat Nov 22, 2003 6:31 pm
Forum: Forex
Topic: Discretionary or systematic trading?
Replies: 9
Views: 7542

LOL. Interesting point Blueberrycake. I would be surprised if any breakout system was the right choice for stocks except maybe canslim which relies on a prior pattern to improve probabilities. Its a little less surprising than if it was true for indexes. Try testing aberration or any of the general ...