Traders' Roundtable

Menelik, One of the reasons I really like mechanical trading systems is that I can ask "what if" questions and get an answer from the markets. It may be an incomplete, flawed, and caveat filled answer, but it is at least an answer. I can program different sizing algorithms and see which on...

Let’s try your example, to see if what you say is true. Percent Account for N = 1% Entry Breakout = 55 Exit Breakout = 20 Stop in N = 2.0 100,000 portfolio. 1% risk, or $1000. A) $25tradable. $2.48atr N = 2.0 B) $82tradable. $4.80atr N = 8.0 stock A. $25 stock. @ 2.48atr = $5 stop. 200 shares to ri...

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What I would do is take your example one step further. After sorting on net profits, I would then pick the top 20 stocks and optimize each separately over a period having both bullish, bearish, and sideways properties, such as the period 1/2/98 to 12/31/01. After getting the optimum parameter value...

al2000, First, welcome fo the Trader's Roundtable. You bring up a very interesting question that has been discussed here before but not specifically as it relates to stocks. The reason I think this subject is so interesting and seems to be confusing to many of us is because there are really several ...

The best filters for a trend-following approach to stocks are either arbitrary ones, i.e. pick a group of 50 stocks you want to follow that is reasonably well diversified, or simple ones based on strength. A simple but reasonably effective strength filter is to determine the number of ATR that a giv...

I'm one of the four (thusfar) ENTPs.

I'm surprised how well my prediction on the other thread that S types would be rare has held up.

babyturtle, a couple of things: First, while I've noticed tradingcoach's propensity to market his wares elsewhere (i.e. on other forums) and especially via his email newsletter, he's been pretty respectful of our standards here on this forum. His post in this particular thread for which you rather s...

Here are some sites:

http://www.humanmetrics.com/cgi-win/JTypes2.asp

http://www.oswego.edu/~shindler/plsi/taketest.htm

I haven't taken these specifically. It usually takes 10 to 15 minutes or so.

- Forum Mgmnt

Into the fray..... The keirsey.com folks (David Keirsey wrote Please Understand Me) say that ENTP is found in "two percent (at most) of the population". Since the types tend to bunch with the more common types being in the 12% to 15% range, this is actually a significant difference in dist...

shakyamuni, I don't make the same distinctions you do with regard to Money Management and the other aspects of trading. As Forrest mentioned, there are many ways that the human brains' functioning does not suit traders well. There are many articles and books in behavioral finance that outline some o...

Damian, First, I never changed systems when trading as a Turtle since we didn't have the ability to test like we do today. What I proposed is what I actually do, and suggest. However, I was using a year only to illustrate one possible timeframe which could provide data which would indicate that diff...

I find this subject very interesting. I like to run my tests over at least 20 years of data. I only trade systems that perform well when tested over the entire period. Therefore I change parameters or systems when I find a set that performs better over the period than those I am currently using. Wha...

trendprogression, You are new enough to C++, based on your questions, that you will run into a lot of these sorts of problems until you start to recognize them and understand how your code relates to the errors. This takes a while. Everyone goes through this. There are many places that are better eq...

Are you including the headers as I listed? The error you are getting is one that indicates it can't find the definition for ios::nocreate. The header file iostream.h should include the file ios.h which defines the ios class which has the following enum: class _CRTIMP ios { ... some code.... enum ope...

Chris, yes, that's where you'd do it.

Chris, You're running into the "simpler is harder" phenomenon of programming in general and C++. There is a lot of hidden behavior in C++ that is difficult to undersand and often hard to control. I don't like the stream input and output of C++, meaning the >> and << operators. These operat...

Jason, what kind of prices do they quote you?

Damian, I'm happy to hear you liked the book :) Ken, I concur with Damian's assessment that this is not a "self help" book. The work on personality typing comes directly from work done by the psychologist Carl Jung. This work was expanded and popularized by the mother-daughter team of Myer...

Jakub, Besides looking for post-dictive errors which are very possible in WealthLab, I suggest the following: Test using more years of data. Preferably 20 years of data using many different markets. Your commissions are actually pretty high. You can pretty easily get $0.01 per share each way for a $...