Traders' Roundtable

all softs except Coffee dont have minis(Cotton, Lumber, Orange Juice and sugar. These commodities also do not trade electronically, that might be a reason it doesnt have minis yet. starting with minis is a good start. good luck!

the funny thing is that when you go to the kitchen of the company(where all the birthdays are showed on the board), you'll see that every month at least 8-10 people have birthday on the same day

Forum Mgmnt wrote: When I switched this to Mersenne-Twister I got the results I expected.

So was it around 50/50 ?

sluggo , question to you: in semi-conductor company there are 300 employees, what the chance that any 2 of them has birthday on the same day?

First, you need to define random, are you sure you have same definition of random as Tharp has it?

interesting...

I cant remember who said that good old times of brokers who made money with big orders on the floor gone with time. Since lots of business is being done through ECBOT today in grains it seems to be true

thanks RR!What does it take to become a floor broker? Should the one work through the brokerage firm? Is it same with LME?

Red Rock might know?

guys, in Market Wizards, Schwager said that Paul Jones accumulated 1mil$ in commissions during his first year when he was a broker on the floor of Cotton Exchange. I was wondering how could he do so good, espacially when he was working for another guy?

efficiency, thanks for your thoughts, update us on some inside buyng of Mr. Buffet

its also been one of the questions I've kept asking myself, I've noticed that some markets tend to behave in some certain way, for example take Japanese Yen, or Euro Dollar. these are trending markets. Why? Because theres too much money being poored into it and its impossible to manipulate them. Cot...

efficiency has a banking background

I found from testing that shorter single moving average system can do a nice job, espacially on Soybeans market

He may have not died broke, but he did die by his own hand, and the bulk of the last decade was absent former artificial edges. The sailent point though is apparently poor risk management and/or position size. You mean he lost his edge trading his last 10 years? Its hard to agree cos he had 40 year...

efficiency, thanks for your thoughts. Did you read Richard Smiten's books on Livermore? I haven't. Concernign his suicide, I think that he felt "unworthy" of Nina's love(was she his 4-th wife?) it evident from his suicidal note: My dear Nina: Can’t help it. Things have been bad with me. ...

thats right! This is if you forgot to put (bar+1,'') to buy at market tomorrow, otherwise that'd peek and would give you gazillions in your backtest

I found that testing with market orders can never have "peeking", unless you put your trade on yesterday's bar knowing what it was Happy Holidays to everyone!

hi Cliff, dont you sell Wheat in a cash market for a profit though?

cliff wrote

How can I stop focusing so much on the hedge drawdown??
cliffg

I know only one way: stop the pain (ie exit the trade)

Question: sometimes it happens that using same strategy on continious backadjusted there's a signal (to buy or sell) that is different from standard contract(for example SH07). What signal should be taken into consideration?

Withdrawing money from the account after having a nice streak should be a rule. Its dramatic how Livermore didn't obey his own rule