Traders' Roundtable

Thanks for the reply. we are not cta's nor do we care to be. we're establishing a small hedge fund. we started with 1mm of pooled money two years ago and now the fund has grown to 4mm (trading stocks). this is not a misprint. we now require retaining a cpa firm to produce our track tables and do our...

can anyone recommend a good cpa firm re track tables, auditing, back office.

any comments with respect to gs's readiplus?

We're working on developping an algorithm to define risk in a vehicle lease portfolio. for example: portfolio is 100mm worth of vehicle leases. cars,trucks construction equipment etc. want to develop a correlation matrix so that we can ensure that we're not overloaded in an area or perhaps require f...

Dear folks, It's always interesting to go back in time and review what one has written. Thus, has anyone tackled the issue of minimizing drawdowns? or perhaps tweaking ATR's for exits or perhaps using some other indicator? Any comments or suggestions re dradowns would be greatly appreciated best eric

Thanks Damian. i actually took a break from trading to concentrate on my litigation practice which thank goodness b has been great. i want to fund an account with a group of guys and i'm wondering whether we should fund 100k to get matters started or whether is a waste and just plug 1mm or more. Ed ...

Dear colleagues, I would like some input or opinions as to how much one should fund an account to trade equitties. i will trade the turtle system with a twist of course but I am indeed a trend trader. Any comments or suggestions would be greatly appreciated. if I can start with 100k for example than...

The greatest challenge is to understand who the participants in the market are. It is these people that define the price of a stock or a bond or a commodity. Seperating retail and institutional action is my first filter. I want to see if blind money is coming in or out of the market. I also want to ...

I'm not sure how you accomplished your task bu Tradestation offered many problems in programming the original turtle rules. My bouts with metastock were even worse. please be careful.

Here folks, lies the explanation which = the difference between trading stocks and commodities. Smootheness. It exists in commodities while stocks wreak nothing but havoc and chaos. There's nothing smooth about trading stocks. I deduce either short term compressed trends or longer term trends. This ...

Folks, I'm sorry to say but NLP and hypnotism are all very wonderful and sexy and emotionally sizzling, but these aspects have absolutely nothing to do with your mind and the decisions you make. The brain offers intellect while the heart offers emotion. A tremendous distance exists between these two...

Brendo,

You are incorrect. The product is different. Mike gives advice on trading stocks that does not correlate to the report offered by c.f..

In law we call this misrepresentation. The State Attorney should put him out of business.

Be careful with ma and rsi indicators. they serve to attempt to predict the future. I could never make consistent money with the technical indicators. I would rather rely on intelligent science that would dissuade a potential possibly leading to emotional instability. Can i count on it or not ? The ...

The initial reasoning behind the posting was to illustrate that more symbols are in a sustained (long) trend. I take the companies and create a correlation matrix to determine correlation values between themselves. One i've identified which symbols are highly correlative i dump them in a bucket. I t...

I decided to stick with ATR multiples(turtle rules) to exit the market and I really didnt't worry so much about not having made that extra buck or so. You have to feel confortable with the trading and if it suits you mentally than why ride the rollercoaster when you can coast along as if you were dr...

LOOK AT THE AMOUNT OF STOCKS MAKING NEW HIGHS. The number keeps growing. The difficulty is that there3 is a much larger ratio of Hh then Ll. So be careful not to strap on too many postions. The position sizing aspect of the turtle rules printed by c.f. is a good start. A correlation Matrix is equall...

The MA crossovers are absolute garbage. I ;ve only lost money with that nonesense. I ve tried everythingfrom ma crossovers to simple ma's to exp ma, macd;s stochastics, i met goerge lane he's nuts! but tall of those techincial indicatros are crap. they absolutely do not teach you the more important ...

Having a set of parameters is one thing and trying to follow them is yet another. every human feels elation when they catch a nice move. There isn't a single human in the world that can not be phased when success appears. Conversely when we lose, I've somehow developed the ability to accept the loss...

Hope greed and fear are all emotions that must be disabled. As trend followers we must disable the emotion and prediction functions. The human receives the information and it is firstly his animalistic soul that deals with the particular notion. Humans have the physical element, ieyour body, organs ...

use atr's for stops thst it start there. you can have the greatest signals for ewntry but thats totally irrelevant. it doesn't matter how you get in its how you get out. i always thought when i traded very very manually, that oh the entry is the big shot etc but i now realize that it doensnt even ma...

OK IV'E STUCK TO USING 2 OR 3 ATR'S FOR STOPS OR EXITS AND THIS HAS WORKED FINE. A TREND FOLLOWER HAS OPPORTUNITES EVERY SINGLE MOMENT OF THE DAY FROM NEW ZEALAND TO THE LAST MARKET AND THE CURRENCY MARKET NEVER REALLY SHUTS. TAKING PROFITS OFF THE TABLE IS QUINTESSENTIAL. THEN TAKE THE MONEY AND BU...