Search found 99 matches

by fab1usa1
Mon May 27, 2013 9:26 pm
Forum: Trader Psychology
Topic: What to do if you are fund manager?
Replies: 22
Views: 9063

I buy on weakness and sell on strength. I sell short on strength and buy to cover on weakness.

This is swing trading, not trend following. There are a lot of good books on swing trading on Amazon.
by fab1usa1
Mon May 27, 2013 2:44 pm
Forum: Trader Psychology
Topic: What to do if you are fund manager?
Replies: 22
Views: 9063

I trade individual stocks so I get to choose from a universe of nearly 8,000 stocks. Although the broader indices are in a strong bull market, there are still individual stocks that are going sideways or trending downward. But your market scans should uncover candidates that are trending upwards yet...
by fab1usa1
Mon May 27, 2013 9:13 am
Forum: Trader Psychology
Topic: What to do if you are fund manager?
Replies: 22
Views: 9063

I swing trade so I don't buy anything making a new high, instead I go long on instruments that are oversold. I exit the position after the swing when the price moves into overbought territory. My portfolio has 10 slots, each position uses 10% of total equity. If a position should go to zero then I l...
by fab1usa1
Mon May 27, 2013 8:40 am
Forum: Trader Psychology
Topic: What to do if you are fund manager?
Replies: 22
Views: 9063

You might receive more ideas from the forum if you provide context such as: "This is a real-life situation where my back is up against the wall," or "This is purely an academic exercise where I am trying to salvage a system that I developed."
by fab1usa1
Mon May 27, 2013 8:18 am
Forum: Trader Psychology
Topic: What to do if you are fund manager?
Replies: 22
Views: 9063

Please share your ideas.
by fab1usa1
Sun May 26, 2013 7:49 pm
Forum: Trader Psychology
Topic: What to do if you are fund manager?
Replies: 22
Views: 9063

Quit managing this fund and then become a manager of another.
by fab1usa1
Sun May 26, 2013 7:42 pm
Forum: Trader Psychology
Topic: What to do if you are fund manager?
Replies: 22
Views: 9063

Accept what the market will give you and then vow to never accumulate a "heavy" position again.
by fab1usa1
Sat Nov 17, 2012 2:59 pm
Forum: Money Management
Topic: Shutting down our small fund
Replies: 43
Views: 18996

In May 2012 I suspended trading my long-only LTTF stock system. While I do not have any money currently riding on it, I do monitor its theoretical performance. Perhaps one day I will reactivate it. Since that time I purchased several end-of-day swing trading systems for stocks. I am happy with its p...
by fab1usa1
Fri Aug 24, 2012 9:11 am
Forum: Stocks
Topic: What happen on Stock market, if U.S. Gov purchase bond back?
Replies: 9
Views: 4199

Chelonia, I agree that "interest" requires money creation which wreaks mayhem. Perhaps this was the intent of the architects of our modern money system. Perhaps it is a negative feedback loop that should restrain officials from accumulating debt and encourage balanced budgets. Why do our officials n...
by fab1usa1
Fri Aug 24, 2012 7:26 am
Forum: Stocks
Topic: What happen on Stock market, if U.S. Gov purchase bond back?
Replies: 9
Views: 4199

ROFL

Chelonia, in your first paragraph you wrote "mayhematically". The letter "y" and "t" are side-by-side on my keyboard. Was this a typo or intentional?
by fab1usa1
Wed Jun 20, 2012 9:10 am
Forum: Testing and Simulation
Topic: Strong May Results for Mechanical/Trend Following Systems
Replies: 59
Views: 19886

Is my basket of 12 commodities simply too small, or has the May surge lost its Joementum?
by fab1usa1
Sun May 27, 2012 9:26 am
Forum: Testing Software
Topic: Hard Disk Backups
Replies: 5
Views: 3194

For what it's worth, I use Macrium Reflect (192-bit AES encryption) to backup my laptop to my home-based file server (1TB Seagate GoFlex). Any changes to TB systems I then copy to my production environment at Amazon Web Services Elastic Compute Cloud (EC2). I schedule a weekly "snapshot" of my EC2 i...
by fab1usa1
Fri May 25, 2012 9:58 am
Forum: Market Psychology
Topic: Facebook IPO, I just don't "get it"
Replies: 53
Views: 33527

So it looks like the price is settling in at about $32.50. If that is it’s “trueâ€
by fab1usa1
Wed May 23, 2012 6:08 pm
Forum: Futures Markets
Topic: JPM/Commodity Sell Off
Replies: 1
Views: 1552

Yes, my system picked up on these commodity trends. Are you suggesting that they are short-lived?
by fab1usa1
Thu Apr 19, 2012 9:53 am
Forum: Testing and Simulation
Topic: Triple moving average...
Replies: 43
Views: 9239

My experience is that $10,000 at a low-cost broker is sufficient for stocks. Not so for futures unless you plan to trade one contract at a time.
by fab1usa1
Wed Apr 18, 2012 10:55 am
Forum: Testing and Simulation
Topic: Triple moving average...
Replies: 43
Views: 9239

Mike, try adding a blox called Total Risk Limiter. Run a simulation with steps from 5% to 50% in increments of 5%. Afterwards look at the shape of the MAR and CAGR curves. You may discover that there is a "sweet spot" where the MAR and CAGR are maximized as well as stable. For my long-only stock sys...
by fab1usa1
Tue Apr 17, 2012 9:31 pm
Forum: Testing and Simulation
Topic: Triple moving average...
Replies: 43
Views: 9239

Also consider that no one system performs well in all market types (ie bull/bear, volatile/quiet). For example, I know that my long-only stock system that uses 3MA LTTF works best during low volatility bull runs. It is performing exceptionally well since about December. I know that the good times wi...
by fab1usa1
Fri Feb 24, 2012 1:41 pm
Forum: Futures Markets
Topic: Suspicious data
Replies: 51
Views: 27167

After not receiving any replies to my post I decided to take matters into my own hands. I deleted my Broker Positions for UNG then called test.UpdateOtherExpenses() with the gain from that position on the date that it was closed. I know that my action skews my stats (among other things UNG is no lon...
by fab1usa1
Thu Feb 23, 2012 10:33 am
Forum: Futures Markets
Topic: Suspicious data
Replies: 51
Views: 27167

CSI data, UNG (Nat Gas ETF) looks suspicious after 4-for-1 Reverse Stock Split on February 21st. I held a short position for several weeks beginning January at $6 and change per share. I exited the position well before February 21st. After last night's CSI price update my equity curve got seriously ...
by fab1usa1
Mon Feb 20, 2012 4:35 pm
Forum: Testing and Simulation
Topic: How to start trading with only $10,000?
Replies: 25
Views: 8627

For me, even having a $100.000 account wasn't large enough to trade futures unless I accepted 2% risk per trade to be "in the game", and that still put me out of reach of the full-sized contracts. I was not able to sleep soundly with that amount of risk per trade. That's just me. With $10,000 at IB ...