Traders' Roundtable

MODERATORS NOTE: This topic from Sir G was split to separate the subject of computing skid. Appologies to Sir G. ORIGINALLY FROM SIR G: I’m in agreement with the performance numbers that tb offers. One thing that I plan on paying more attention to is Standard Deviation. I think that is a good gauge ...

Howard, One of the reasons I believe it is very important to have a very flexible testing environment is that it is rarely sufficient to make one change and then use the results of a single test to make an assessment of the effectiveness of a particular method. An example: I've found that one often ...

I remember just after the initial Turtle class in December 1983, we were a bit anxious to begin trading after a return from the New Years holiday. Each of us was given a desk in a large office on the 8th floor of the Insurance Exchange building which was right next to the Board of Trade building. Th...

Dave, You very well might find trading long-term easier. However, there are many that would say otherwise. In general, shorter-term systems can offer better risk-adjusted returns but don't tend to work as well over many years. They will generally have better Sharpe Ratios, and often better MAR ratio...

One of the core issues in evaluating a trading system is determining exactly what makes a good system. :?: Each of us has different tolerances for risk, boredom, and volatility. Even these are interpreted differently by each of us. So I am curious what each of you uses to determine what makes a good...

Ted, You've hit upon something that relates to what I consider the #1 problem with reports of the performance of the Turtle System: Most people have tested and reported performance for the system without the correlation or directional unit limits. Many of the signals we had were ignored because we w...

I found that there are certain aspects of money management that are crucial and others don't matter so much. It is difficult to answer the question in isolation. Often the different approaches represent different risk amounts. For example, using core equity equates in some sense to using a larger be...