Search found 118 matches

by edward kim
Mon Aug 23, 2004 2:22 pm
Forum: Brokers
Topic: Looking for Licensig CD's (series 3,7,30)
Replies: 4
Views: 4642

Most of these training manuals and CDs are copyrighted and sold with the provision that you cannot resell or share the material. You might want to scrutinize your purchases.
by edward kim
Fri Aug 20, 2004 12:56 am
Forum: Trader Psychology
Topic: Meditation
Replies: 32
Views: 30625

I would suggest Ashtanga Yoga: meditation in movement + yoga nidra. A good book about meditation: The Art of Meditation by Daniel Goleman Yes. You also might want to experience Holotropic Breathwork. I currently do this with some facilitators who are students of Stanislav Grof, and I do go very dee...
by edward kim
Fri Apr 30, 2004 1:58 pm
Forum: Brokers
Topic: Reputable Futures broker rec?
Replies: 5
Views: 5994

you might want to read all the posts in this Broker forum about people's experiences with the various FCMs and IBs.
by edward kim
Mon Apr 19, 2004 6:27 pm
Forum: Money Management
Topic: How much Capital to start
Replies: 25
Views: 26440

Re: UK Spread Betting Firms

Does anyone know of other ways to trade with a very small amount of capital, specifically from the US? Using the VeriTrade system? Trade the markets which have lower volatility, like Eurodollars and corn. You can also trade forex as well. What is your definition of "small capital"? If you are under...
by edward kim
Wed Apr 07, 2004 12:42 pm
Forum: Money Management
Topic: Thoughts on entry price, and open vs closed equity
Replies: 9
Views: 7916

Re: Thoughts on entry price, and open vs closed equity

Thus, any system or rule based on a distinction between open equity and closed equity, or historical entry price vs current asset price, is logically inconsistent. It would, when presented with two identical traders with identical equity, recommend that one act differently in some cases to the othe...
by edward kim
Sun Apr 04, 2004 2:27 pm
Forum: Trader Psychology
Topic: Dos and Donts of Drawdowns
Replies: 23
Views: 22933

here is a previous discussion on when to change system rules: http://www.tradingblox.com/forum/viewtopic.php?t=374 this post also talked briefly about Dunn's experience with drawdowns and risk: http://www.tradingblox.com/forum/viewtopic.php?t=407&highlight=changing+systems i agree with Verec: i am m...
by edward kim
Thu Apr 01, 2004 2:31 pm
Forum: Money Management
Topic: What % equity to risk on high expectation trades?
Replies: 7
Views: 5962

if i am going on my own, i can handle a 40% drawdown, so i would take about 3.5% per transaction. if i am managing client money, a lot of investors who want really high returns start getting nervous in the 30% range. after several thousand runs, there is a tiny % chance that we will experience a 10 ...
by edward kim
Tue Mar 30, 2004 9:35 pm
Forum: Money Management
Topic: What % equity to risk on high expectation trades?
Replies: 7
Views: 5962

how many trades do we get, or do we trade in perpetuity?
by edward kim
Wed Mar 24, 2004 3:11 am
Forum: Money Management
Topic: Portfolio heat
Replies: 27
Views: 21940

woooops ... i misread again ... equity correlation, not instrument correlation .. i need to sleep more!
by edward kim
Tue Mar 23, 2004 7:33 pm
Forum: Money Management
Topic: Portfolio heat
Replies: 27
Views: 21940

If A and B each have positive expectation, it's more desirable for them to be negatively correlated than zero correlated. That may be true only if you are a unidirectional trader. An example of this are the people who are IBD (Investor's Business Daily) traders who are usually long-only position tr...
by edward kim
Mon Mar 22, 2004 6:08 pm
Forum: Futures Markets
Topic: Spread question
Replies: 2
Views: 3186

Re: Spread question

A typical bullish spread the speculator would initiate by being long the nearest month and sell a further out month. A typical bear market the speculator would initiate by being short the nearest and buy the more distant month. This statement is true and untrue, depending on the market you are trad...
by edward kim
Sat Mar 06, 2004 11:41 am
Forum: Stocks
Topic: Why don't these guys trade stocks?
Replies: 11
Views: 12496

if you believe in the concept of persistence, then long term trend followers like Dunn will be more likely to trade futures than stocks. long term trend following is based on many small losses and and fewer big wins, so they are dependent on heavily trending markets. futures are more likely to act t...
by edward kim
Fri Mar 05, 2004 10:53 am
Forum: Testing and Simulation
Topic: Length of Backtest
Replies: 2
Views: 4886

I test with a minimum of 20 years of data. I notice that for all markets, my system performance is fairly independent of the 10-year time slice that is chosen during that time period. So even if markets "change", my system still does its job. That way, when a new market comes along, I know I can sta...
by edward kim
Sun Feb 22, 2004 1:28 pm
Forum: Testing and Simulation
Topic: Historical Data
Replies: 31
Views: 24832

Never, never, never use index data as the data on which trades are entered in testing. it is completely unrealistic. Trading would be a sweet beautiful dream if actual futures contracts were as neat and orderly as indexes would lead one to believe. All the volatility, all the guts, all the meat of ...
by edward kim
Sun Feb 22, 2004 1:20 pm
Forum: Trader Psychology
Topic: Has any one taken Van K. Peak Performance Home Study Program
Replies: 15
Views: 16248

Christian's statements about Van Tharp are accurate. Many of those examples are from his Money Management Report.
by edward kim
Tue Feb 17, 2004 8:36 am
Forum: Trader Psychology
Topic: Has any one taken Van K. Peak Performance Home Study Program
Replies: 15
Views: 16248

Hi Alien, I have all those items except for the Infinite Wealth and Position Sizing materials. Damian brings up some valid points, so I will only list what I disagree with. How many people on this forum have violated their mechanical trading system? How many people have violated their mechanical sys...
by edward kim
Sat Feb 07, 2004 12:11 am
Forum: Money Management
Topic: Question? Ralph Vince & How much to put on a trade?
Replies: 9
Views: 10062

Hi joeb4now,

Use the search feature on this forum and use Google to find answers to your questions about Optimal F, formulas, and books. When you are done doing that, you might be able to ask more specific questions later that were not previously addressed on this forum.

Edward
by edward kim
Mon Feb 02, 2004 2:27 pm
Forum: Testing and Simulation
Topic: Performance over historical time frames
Replies: 2
Views: 2858

Bruce, You have provided only your CAGR, which is not enough information for us to give you comments. How about MAR, Sharpe, drawdown levels, the markets you trade, the type of system you trade, etc. ? My trading system consistently performs from the 70s all the way through to today (in all return a...
by edward kim
Mon Feb 02, 2004 2:21 pm
Forum: Testing and Simulation
Topic: equity stream correlation
Replies: 1
Views: 2506

I do things the other way: I develop standalone systems first, and when they have performance stats that I like, I then start mixing systems.

Edward
by edward kim
Sun Feb 01, 2004 7:55 am
Forum: Futures Markets
Topic: Finding CTA data
Replies: 1
Views: 3230

Most free CTA data will show you performance. I think for things like full TASS database access to find out detailed fund profiles, you need to subscribe to their services. There are others, but I cannot remember what they are at this moment.