Traders' Roundtable

(Try to write anything that also works on Smart Cards, PDAs, Mobiles, Linux and Macs with .net )

TradingCoach: 1. Where's the code? 2. If you want the widest possible pool of people able to help, do not use exotic things like .net that no-one uses (the real world uses Java :lol: on my side of the Atlantic, at least ... ) 3. GTC = Good Till Cancelled Hiramhon: Please, don't kill my market! I cha...

Excellent! We agree to agree, then

There are other things such as risk management, market selection, volume action, but sometimes simple is better in the markets. I'm not sure whether I'm going to be nitpicking or whether, indeed, you meant what I understood, but I think it is not proper to oppose "simple things" (which yo...

Babyturtle, there may be some truth in some of the things you say, but why such a violent tone? Don't you think it would be more proper to "agree to disagree" than to utter filler word like "absolute garbage" , "he's nuts" , "indicators are crap" , "trust...

May I suggest The Laws Of Form by George Spencer-Brown ? A foray into multi-valued logic, where things that are neither true nor false can also be non applicable or imaginary . Apparently after the field of multi-valued logic was pioneered by Spencer Brown some 40+ years ago, it has expanded to a mu...

[...]he is revealing Turtle trader's secret [...] Here we are ... :cry: I have not purchased every single course on the planet, but there's one I would recommend, only if you're after making money as a business for yourself rather than as a foolish attempt to test your luck. I can only recommend th...

The syntax aspect of your new language is mostly a "taste" thing (begin or no begin, braces, semicolons, etc...) while the "library" aspect is probably more profound. But then it depends on a well defined set of appropriate abstractions. What is a Portfolio? How does the Portfoli...

I'm all for believing what you say, but it seems difficult for a single event -- your experience over the last 8 months -- to invalidate a whole theory, no? Did you trade 0.2% as you imply? After the 24 consecutive lossing trades, what was your drawdown? How much less would it have been if you had u...

Very interesting epistemologic branch in the thread! :) It seems to me that in order to be able to use ignorance as a starting point, one must, at first, accept the idea. Which requires humility. But humility is not downplaying yourself out of existence either... The problem with that, is that the w...

I think I read this in Michael Lewis "Poker Liar" ... the actual Bank name is in the book, I don't dare reproducing it here [XXX]-Bank reported annual profits, in 1990, for its trading division as $200 millions, as follows: $600 millions gain in brokering fee and customer advice and servic...

Thanks for the answer... but However the length of the period necessary to make such an assertion has nothing to do with the length of time used in your original testing. Stat 101. Take a fair coin. How many draws before you can expect to reach the 50% head/tail distribution? Obviously on 2 draws, y...

With five years data, you simply don't have enough information to draw valid trading conclusions. Even 10 years of data is too little in my book (notwithstanding Richard Dennis' comments otherwise). This started me wondering ... In some other threads you have repeatedly empasized that you wouldn't ...

The only thing that would make me think twice is that, as you say, your system only works on one market. If you were to understand how specific the Hang Seng index is, and how your rules are adapted to that specific behavior, then using it for real would be much less questionnable. As it stands now,...

Even with access to the best management, research, TA, money-management tools, execution, IT resources (and huge pools of money) institutions trading stocks generally can't beat the market, and even the few that can can't do it consistently One thing to keep in mind is that most of those companies ...

c.f. wrote:verec,

try not to be drawn into exchanges of negative comments, it doesn't help the forum.

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Will do. I aplogize for having been carried away. Just another instance when emotions overtake your sense of rationality

Fair enough.

Assuming that somebody actually wants to answer you! With all the superior, first-hand knowledge you do exhibit, they might fear being dwarfed!

I'm currently abroad, so I can't check straight away that of the broker I use, but yes I do mean "events" that are or are not covered by the guarantee.

This brings up one thing that RDBMSs can have an advantage at. By indexing on the quote date field, you can rapidly jump to specific quotes by date . Certainly, but it can be much faster if you only consider your quotes as being an ordered set, with elements 0 through n. If the ordering is preserve...

Some brokers offer guaranteed stop-losses.

Most spread-betting houses in the UK do.

Of course this will increase your commission level, but that's an insurance policy against the "Black Swans" (But be sure to read twice their exclusion list, though ).