Search found 53 matches

by PTCM
Mon Aug 22, 2005 5:40 am
Forum: Testing and Simulation
Topic: "Back-adjusted" data experts please....how could I
Replies: 3
Views: 3818

"Back-adjusted" data experts please....how could I

I've bought 20 months of individual generic front-month "tickdata" from the Singapore exchange. What's the easiest way to create a "back-adjusted" data file for TradeStation simulations assuming that the data should be rolled at expiration? Is is possible to write an algorithim i...
by PTCM
Mon Aug 15, 2005 1:01 pm
Forum: Money Management
Topic: Phantom of the pit $ mgmt Strategy - Going in 3-1-1-1
Replies: 3
Views: 6705

Phantom of the pit $ mgmt Strategy - Going in 3-1-1-1

Phantom of the pit $ mgmt Strategy - Going in the market in a 3-1-1-1 fashion 3 lot 1 lot 1 lot 1 lot The strategy is under rule no.2. http://www.trading-naked.com/library/Phantom_of_the%20_Pits.pdf Also, do you believe the first 3-lot is sujected to a) the max amount of risk ? b) all-in mode c) sam...
by PTCM
Fri Aug 05, 2005 1:27 am
Forum: Money Management
Topic: Eckhardt is better than Richard Dennis in money management ?
Replies: 7
Views: 10719

Eckhardt is better than Richard Dennis in money management ?

Eckhardt's equity curve is unreal http://www.iasg.com/SnapshotPT.asp?ID=114 How many times did Richard Dennis blow up over the last 20 years ? Judging from the drawdown and AUM, Eckhardt seems to be much better than Richard Dennis, even though he lost the bet in the turtle experinment. Does anyone k...
by PTCM
Fri Aug 05, 2005 12:55 am
Forum: Money Management
Topic: Larry Hite on "why a high % of speculators lose money ?
Replies: 9
Views: 12740

how did Hite do it ......

The concept is simple, but if everyone could do it in the real trading world with their eyes closed, I guess we all would be very rich already. From my testings, I found that it's not difficult to add values to a single paremetre strategy by changing the money management rules on a yearly basis. How...
by PTCM
Thu Aug 04, 2005 2:59 am
Forum: Money Management
Topic: Larry Hite on "why a high % of speculators lose money ?
Replies: 9
Views: 12740

Larry Hite on "why a high % of speculators lose money ?

Larry said " assume that they are better than average at picking winners and assume that they are right 50% of the time. They run their losses until they have lost 50% of their capital and take their profits when they are up 10%. They have almost guaranteed themselves a loss of 20% over time!&q...
by PTCM
Thu Jun 16, 2005 2:24 am
Forum: Brokers
Topic: Interactive Brokers
Replies: 20
Views: 42047

Some breaking news. Wealth-Lab Developer 3.0 integrates a trading interface with IB. You can now leave your system on auto-pilot! Peter redbullpeter, Do you need additional software such as TradeBolt to achieve auto execution with IB using Wealth-Lab ? Can TradeStation 2000i do that without TradeBo...
by PTCM
Sun May 08, 2005 12:28 am
Forum: Trader Psychology
Topic: reading fine book in trading psychology by Brett Steenbarger
Replies: 3
Views: 7766

has anyone tried the "world's most powerful glasses&quo

Has anyone tried the "world's most powerful glasses" described on page 69 in Dr. Steenbarger's book ?

Does it really work ?
by PTCM
Thu Feb 03, 2005 1:12 am
Forum: Trader Psychology
Topic: which one is harder to do psychologically? Can we do a poll?
Replies: 3
Views: 6888

To me, this is my observation 1) Fighting retracements with a profitable position I believe it takes al least 50 - 100 learning trails to develope the ability to hold a profitable position against countless retracements before capturing a big trend. Psychologically, taking profits prematurely remove...
by PTCM
Wed Feb 02, 2005 5:34 am
Forum: Trader Psychology
Topic: which one is harder to do psychologically? Can we do a poll?
Replies: 3
Views: 6888

which one is harder to do psychologically? Can we do a poll?

which one is harder to do psychologically intrday ?


1) Fighting retracements with a profitable position

2) Taking a re-entry point after the market has started trending


Can we do a poll ? many thanks...
by PTCM
Thu Oct 28, 2004 2:57 am
Forum: Trader Psychology
Topic: NLP - anyone benefit?
Replies: 9
Views: 13307

Re: NLP - anyone benefit?

NLP works. The "new" you will definitely be better than the "old" you. Of course, NLP won't program anyone's brain to replicate Einstein or anyone else who we associate with great intelligence. Fortunately, successful trading doesn't require brillance. A functioning brain and a ...
by PTCM
Wed Oct 27, 2004 12:48 pm
Forum: Trader Psychology
Topic: NLP - anyone benefit?
Replies: 9
Views: 13307

NLP FOR TRADERS

I recently read the book "NLP for traders." One trick I found useful is that there's a serious + correlation between big breakfast and big + P/L.

Anyone experiences the same ? anyone ? :lol:
by PTCM
Sat Oct 09, 2004 11:25 am
Forum: Trader Psychology
Topic: goal setting.
Replies: 5
Views: 8904

yes. Goal setting does enhance P/L.

yes. Goal setting does enhance P/L. It has happened to me.
by PTCM
Tue Apr 20, 2004 1:12 am
Forum: Trader Psychology
Topic: Does fear help maximize profits when markets go down?
Replies: 1
Views: 4634

Does fear help maximize profits when markets go down?

Whenever the markets go down and market participants experience fear, my trend following strategies performed significantly better in terms of both profit factor and percentage profitable. This phenomenon has been happening over and over again, and I've been adding positions when trend velocity incr...