Search found 49 matches
- Mon Apr 05, 2004 10:45 am
- Forum: Trader Psychology
- Topic: Dos and Donts of Drawdowns
- Replies: 23
- Views: 29416
Eck, Thats a great article, thanks for refreshing my memory about its existence. Dunn: We only have two systems. The first system is the one I started with in 1974. The other system, we developed and launched in 1989. The major strategic elements of these two models—how and when to trade, how much...
- Thu Apr 01, 2004 12:24 pm
- Forum: Trader Psychology
- Topic: Dos and Donts of Drawdowns
- Replies: 23
- Views: 29416
Permanent vs Temporary Change..
Identifying Permanent Change vs. Temporary Q: In the 20-plus years that you have been trading, what has been your greatest challenge? Campbell: Maintaining our discipline. It is one thing to develop winning strategies, but quite another to overcome your doubts during the tough times and to stick to ...
- Fri Feb 27, 2004 10:37 am
- Forum: Testing and Simulation
- Topic: Backtested performance help
- Replies: 8
- Views: 9124
Stan, Thanks for your input and your ideas. One of the ideas i have bounced around is actually varying between two start dates. For my testing, i was orignally testing starting from 1.01.90 and what i noticed was that my results were great for the first year, but when i walked it forward i went from...
- Thu Feb 26, 2004 10:20 am
- Forum: Testing and Simulation
- Topic: Backtested performance help
- Replies: 8
- Views: 9124
Start Date Issues
I have found that what i randomly choose as a start date, can eventually become the bedrock of my performance results. For example, my first year gets curve fitted to the point where its a great year and from then on my results are unrealisitically scewed upward. I was wondering how other people try...
- Tue Feb 10, 2004 11:22 am
- Forum: Testing Software
- Topic: Trading System Languages Likes and Dislikes
- Replies: 31
- Views: 30836
Motivation Level < 0
First, thanks for the great site. Though I seem to have gotten ‘flamed’ as a ‘newbie’ for my unwillingness to post any test results...Perhaps I might give the new 2.0 a try. What's the price tag, what is the ETA, and can I get a pre-order invoice for this so I can pay for it with B-Trade So...
- Wed Feb 04, 2004 10:05 am
- Forum: Money Management
- Topic: Accuracy of worst drawdown
- Replies: 10
- Views: 11864
- Tue Feb 03, 2004 9:45 am
- Forum: Trader Psychology
- Topic: The Turtle program as a business model
- Replies: 7
- Views: 10364
While I agree that there would be some cheerleading, sounds to me the model that Rich and William put to work was rather darwinistic. You had one guy follow the rules off the bat (c.f.) so he set the example - that could be you. The rest either played along and got more money, sort of played along a...
- Wed Jan 28, 2004 8:51 am
- Forum: Testing and Simulation
- Topic: Too Good to Be true ???
- Replies: 7
- Views: 7901
- Tue Jan 27, 2004 6:26 pm
- Forum: Testing and Simulation
- Topic: Too Good to Be true ???
- Replies: 7
- Views: 7901
Stress Testing
Stress Testing I was wondering what the forum members think is an approriate level of stress for a system and how do they gauge if the system adequately passed the test? So far, the two parameters i have been tweaking is slippage and commissions. With slippage, i'm not sure how to interpret 100% sli...
- Thu Jan 22, 2004 8:12 am
- Forum: Testing and Simulation
- Topic: Bollinger Counter trend - Help !
- Replies: 3
- Views: 5381
Chris, I feel your pain. :wink: I had great expecations when i first heard counter trend. We can make money all of the time.. Yippee :!: :!: I have found, that very small intervals work best, so when you do stepping do it in small increments. I think there is a very small window of operation for tha...
- Tue Jan 20, 2004 4:53 pm
- Forum: Futures Markets
- Topic: What course would you suggest?
- Replies: 9
- Views: 15398
Courses
I have never dealt with the guy or taken any of his courses but i would be very leery of a guy who is offering to teach you something that is available for free on the Internet. Also, in terms of his success as a trader, i wouldn't believe the hype until i saw his audited trading journal. Also, the ...
- Sun Jan 18, 2004 10:45 am
- Forum: Testing Software
- Topic: Trading System Languages Likes and Dislikes
- Replies: 31
- Views: 30836
Wish List for 2.0 Programming and Features
From a non-programming point of view, i think the best thing you can do is to make the language simple (HighestHigh) but robust and intuitive. It has to be a language that is easy to start from ground zero and get relatively complex after some "brief study" A library of popular codes and c...
- Sat Jan 10, 2004 8:38 am
- Forum: Trader Psychology
- Topic: Too much reading ...
- Replies: 58
- Views: 63696
RS, I agree with many of your points. And my answer only comes through the experience of a few friends who are in business schools looking for jobs. So, my experience may be very different than the norm. Many if not all of the jobs that my friends are seeing are exactly what you said...market makers...
- Fri Jan 09, 2004 11:03 am
- Forum: Trader Psychology
- Topic: Too much reading ...
- Replies: 58
- Views: 63696
Damian, You are correct, simplicity is perhaps not the correct word. The rules seem a lot easier to create 20+ years later and having read them at least 10xs over a span of a few months. :) Its genius is its completeness, complex principles condensed into a executable rules. I guess, to perhaps stat...
- Fri Jan 09, 2004 10:07 am
- Forum: Trader Psychology
- Topic: Too much reading ...
- Replies: 58
- Views: 63696
humility may help but is definitely not the end of the story, unfortunately Well, i would say fortunately, it takes a lot of things to be successful in trading. A list of requirements that don't come in the same goodies bag with smarts when the great Maker above was dishing it out. :) The more inta...
- Fri Jan 09, 2004 8:58 am
- Forum: Trader Psychology
- Topic: Too much reading ...
- Replies: 58
- Views: 63696
Well, my best friend is in Yale's business school - he tried trading for about 6 months and blew up. He had great picks but he usually got way too aggressive and lost it all. So, I know plenty of smart people, who can't handle the emotions of trading. Or smart people who hate to admit that they are ...
- Sat Jan 03, 2004 1:27 pm
- Forum: Trader Psychology
- Topic: Mistakes...I've made a few!
- Replies: 7
- Views: 9035
Discretionary flare...
Thanks for the post and thread, hopefully others will share. The discretionary flare to your system, are you able to historically test that. I was given some good advice not too long ago, start small, experience a 30% drawdown, before you draw any conclusions about 50% drawdowns and your ability to ...
- Wed Dec 24, 2003 9:05 am
- Forum: Money Management
- Topic: negative correlation
- Replies: 6
- Views: 8001
Thanks
Thanks David, in rereading my post i think i put too fine a point on the wording....thanks for the clarification. Something i find slightly interesting is JWH has a trading system that trades the dollar vs. foreign currencies. Perhaps making a system that would focus in an area of strong uncorrelati...
- Tue Dec 23, 2003 4:39 pm
- Forum: Money Management
- Topic: negative correlation
- Replies: 6
- Views: 8001
Uncorrelated vs Not Correlated
David, Funny, this post couldnt be better timed, i was messing with some numbers today. I want to clarify the terms un-correlation vs. not correlated because it may be causing some confusion for me. (For me, non-correlation means negative correlation, not correlated means 0% correlation.) 100% Un-co...
- Mon Nov 10, 2003 7:24 am
- Forum: Testing and Simulation
- Topic: Interesting test results (for a budding tester at least)
- Replies: 5
- Views: 7318