Search found 118 matches

by edward kim
Mon May 12, 2003 1:12 am
Forum: Trend Indicators and Signals
Topic: Trend Strength
Replies: 9
Views: 16955

Hi Damian,

Are any of your trend indicators related to ADX? I hope someone can post to explain the differences between the two.

Edward
by edward kim
Mon May 12, 2003 1:10 am
Forum: Trend Indicators and Signals
Topic: asymmetric bias in the markets?
Replies: 7
Views: 6528

Thanks for the clarification John. How about overall system profitability? If I use the same parameters and money management principles going long and short, my cumulative profit for that market seems to be higher when I am shorting than when I am going long. This seems to be the case for all equiti...
by edward kim
Fri May 09, 2003 1:32 am
Forum: Trend Indicators and Signals
Topic: asymmetric bias in the markets?
Replies: 7
Views: 6528

Hi John, If you look at gold (as an easy example) then I have found that you could put a stop directly over any X day tops and it will be honoured more often than not if the market is going down. What is meant by "X day tops"? If it is any way related to identifying a top, how would you know that it...
by edward kim
Thu May 08, 2003 12:36 am
Forum: Trend Indicators and Signals
Topic: asymmetric bias in the markets?
Replies: 7
Views: 6528

asymmetric bias in the markets?

I'm not sure if we covered the topic of biases in various markets, so I hope I'm not reposting. I've been wondering if there was tendency for systems to work better (using the same set of parameters) going long than short, and vice versa? In the futures markets, does the hedger bias have an impact o...
by edward kim
Wed May 07, 2003 3:46 pm
Forum: Money Management
Topic: %Risk vs %Vol or Both
Replies: 4
Views: 4311

Posing a question also gives us further opportunity to expand on a topic than originally intended. Here is what works for my system (R=risk, V=volatility): 1. V is a condition I use for initial R 2. R has more influence for ST systems, while V has a greater impact on LT systems 3. %R has more impact...
by edward kim
Mon May 05, 2003 3:51 am
Forum: Testing and Simulation
Topic: Meeting your OBJECTIVES.
Replies: 1
Views: 2320

Hi Marc, I don't know what other people have done, but I'll share what I did when I first started 1. Decide what kind of system you want (for me it was medium to long-term trend following) 2. Go back and look at all the successful trades that I've had that were medium to long-term and evaluate what ...
by edward kim
Sat May 03, 2003 3:35 am
Forum: Trader Psychology
Topic: I Hate Myself
Replies: 19
Views: 19313

Hi Toby, There is also the possibility that a much larger issue might be at work here. Suppose you did follow your system, and it worked beautifully? Then what? You would go to trading full-time .. what if that means that you quit your regular job, go full-time trading, and then you go bust with now...
by edward kim
Sat May 03, 2003 3:14 am
Forum: Trader Psychology
Topic: A moment of significant enlightenment
Replies: 16
Views: 16382

Hi Forum Mgmnt, I have always believed that doing something (like writing an autobiography) is neither good nor bad, egotistical and self-centered. The deed is not as important as the intent. If the intent is to share experiences because people can learn from them, then writing the book is a way of ...
by edward kim
Sat May 03, 2003 2:38 am
Forum: Trader Psychology
Topic: Cute from afar, but far from cute.
Replies: 3
Views: 4252

In February of 2001, I caused a five-car accident (yes there were lawsuits pending that lasted a year), and I went to the hospital because I contracted a really bad illness. It took a while to recover phsyically form both situations, but I lost about 60% from March to November, 2001. It's amazing ho...
by edward kim
Sat May 03, 2003 2:22 am
Forum: Trader Psychology
Topic: The puzzle, the profits, or both?
Replies: 2
Views: 3568

Hi Dave, I would have to say it's something else for me. I started doing charting at a really young age: my father taught me basic technical analysis when I was five years old, and I was watching the gold futures market. It's really weird when I think about it now, because I don't think any of the o...
by edward kim
Wed Apr 30, 2003 3:27 am
Forum: Testing and Simulation
Topic: Steps in evaluating/testing a system
Replies: 13
Views: 7783

Hi Sir G, "The best way around the over optimizing is throwing a literal ton of data at the system. Across all markets for as far as you can go. Another thing I personally like to see is activity of trades. I want things to occur early and often. And a nice calmness to the results when looking at ne...
by edward kim
Wed Apr 30, 2003 3:14 am
Forum: Trader Psychology
Topic: Old Habits/Patterns
Replies: 4
Views: 4497

Hi Jeff, "How much of trading is grunt work? How can you tell if you are taking short cuts and not focusing on what you should? At this point I am so ignorant that I do not even know what I don't know but I am eager to learn and improve both professionaly and personaly." I wanted to point out that y...
by edward kim
Wed Apr 30, 2003 2:49 am
Forum: Trader Psychology
Topic: Interesting study on predicting prices
Replies: 3
Views: 4427

The Objective Linear Model probably explains why so many systems/people fail. Many statistical analyses (especially from Wall Street) only take a chunk of historical data (from say 1995-1997), and show how accurate their predictors were, and how this same technique SHOULD be applied to investment ch...
by edward kim
Sat Apr 26, 2003 5:57 am
Forum: Futures Markets
Topic: Rolling to new contracts
Replies: 7
Views: 7587

There are other things to consider such as deliverables and fixed carry charges between months. If a contract is non-deliverable like the E-mini S&P, you can hold to the end, whereas firms like IB (where I trade at) will force you to get out or rollover three days before the First Notice Day on a de...
by edward kim
Sat Apr 26, 2003 5:44 am
Forum: Stocks
Topic: Watching Industry Group Action for Trends
Replies: 10
Views: 9763

I use all the tracking stocks, HOLDRS and iShares that trade on the AMEX. It's not exact, but simple enough for my needs.
by edward kim
Sat Apr 26, 2003 5:07 am
Forum: Testing and Simulation
Topic: Subjective element added to a systematic trading process
Replies: 1
Views: 2236

Hi RS, I would say that the performance of that subjective element is .. well, subjective. Let's say the subjective element is people talking in restaurants about how much money they were making on every stock that had a 4-letter symbol (this was my experience in February 2001 by the way.) So what i...
by edward kim
Sat Apr 26, 2003 4:28 am
Forum: Money Management
Topic: How much Capital to start
Replies: 25
Views: 26440

size of the account / position size

Hi Jeff, I had an interesting conversation today about how to apply the turtle trading system to a smaller account. I told him that longer-term trend following systems require more room to let the trade go through than a short term system. So to solve your problem, use a smaller stop and a smaller t...
by edward kim
Sat Apr 26, 2003 4:07 am
Forum: Trader Psychology
Topic: The Balance of IQ & EQ.
Replies: 4
Views: 4885

the extremes

I would agree with dctag. I had a conversation a long time ago with my brother about how we would hire employees if we had our own company. The extreme cases being: 1. nice, but not intelligent 2. really intelligent, but a big jerk It would be a huge hassle to work with the jerk, and my brother beli...