Traders' Roundtable

but which is less worse? Putting a full size position on in say, the beans. Or first putting a much smaller position in beans, followed by a similar fractional position in corn, joined the next day, by a fractional position in wheat. It muddies the water somewhat with risk management. But what will ...

Ah, I see. Ive noticed this too. That sometimes pairs or groups of what should be very similar markets. Can play very nicely together indeed. One gets an entry the others dont reach. One gets stopped out but the other position remains. etc etc etc Of course the flip side is that sometimes they all g...

different systems

A project like this one opens up all kinds of uncomfortable questions that are hard to answer initially. I have spent a lot of time on this subject and have not yet reached any conclusions on the answers to these "uncomfortable questions". The problem you run into is correlations change s...

IB offers SMART routing. An order at the "open" time would be routed to the best price available at all ecns as well as NYSE. Perhaps your fills would on average beat your data points. hmmmm

matti wrote: Any suggestions for swimg systems?

Try this one!!!
http://www.ABCDirectshop.com

AFJ Garner wrote: Such traditionalists are not to be persuaded by the facts or track records. Once an opinion becomes entrenched, it is hard to change it.

Oh.. Damn their eyes, I know,.. but would there be an edge without them?

nzbryant wrote:Levi

Risky doing that, as your new positions may not have the same edge as if they had been entered at the correct time/price. I would wait for new signals, personally.
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depends on whether the holding time is two weeks or two years.

hmm. I'm reminded of the argument presented in the book Inside the Mind of the Turtles ... master risk. Where the decision should be judged not on the outcome of the event. But on the merits of what information was available at that point in time when the decision was made.. How the best decision gi...

Thanks. I guess I have taken it to another level. I think of it as a practical way of reconciling two seemingly opposite feelings (such as greed and fear) so as to achieve a clear mindset ( or "common sense"). But then, "common" sense is not necessarily the most profitable. Perh...

no trade last friday. closed LONDON, May 1 (UPI) -- May Day celebrants fanned out across Europe Friday and thousands marched in annual protests, some in defiance of government bans. Japan's Trade Union Confederation held its 80th annual May Day rally in a Tokyo Park drawing nearly 36,000 regular and...

http://ibcollector.com/Default.aspx

hmmm

Dear Mr redrock On behalf of Mr ------------ I would like to acknowledge that we are in receipt of your letter requesting ex-gratia for trading losses in the White Sugar contract date April 16th 2009. All claims for ex-gratia are fully investigated by the exchange and the findings presented to the M...

So far, my experience with filing a 'claim' for London via NY via my broker (or direct) is somewhat akin to fighting city hall. One of these days, Ill have to remember to get a team of lawyers on my staff.

Who got stopped out on that move today? It came up on my data examiner and, wow, what a move.... I can't find any stories or news, anyone? Yup, Stops filled over 25 handles away. And they say the trades will stand. BS. Exchange would not bust trades, in fact, busted NO trades in that 3 second 'corr...

J D Canning wrote: In the ideal world, even order generation would be fully automatic, and one could leave the system well alone apart from periodic checking of account equity.

Robo-broker

Not ideal for everyone though... One size does not fit all.

Kiwi wrote:Separate your jobs.

Exactly.

The technicians who launch a rocket are not the same folks who engineered the rocket.

Kiwi, you are correct. I just phoned Ib and the helpful friendly man said it is contract specific and as defined by the exchange . I was previously told it was set by the regular business hours of the equity exchange in that country. The guy agreed the definition is sort of 'nebulous'. So, thats why...

IB support the types of orders that are native to the exchanges they use. They also support a variety of other orders that are "standard" but not native to a particular exchange on their (IBs) servers ... so you might issue a stop on an exchange or time that its isn't supported and IB's s...

DeanoT wrote:
Frequency x Expectancy x Kelly

Like all trading performance measures, it is not perfect, but it does account for all of the factors that are important to me in trading system evaluation.

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Creative use as a system Quality measure!