Traders' Roundtable

There could be several reasons. Bear in mind that there is no central exchange for forex markets.

You are much more dependant on your broker being honest and providing transparent pricing information. OANDA delivered guaranteed bid / ask pricing when I was trading there (2008-2010) which meant no ...

As sluggo pointed out, Turtle rules do talk about pyramiding.

However, be aware that pyramding makes the equity curve more volatile, and can even cause profitable systems to become unprofitable as a fully pyramid position can become top-heavy at the end of a trend.

Obtain the original turtle rules on the internet and read the section on position sizing.

No matter what instrument you are trading, position sizing principles stay the same.

Why don't you see if you can find the original Turtle Trading rules online? There is a very good explanation of how to size positions with futures.

Another option would be Way of the Turtle which also has those same rules in it.

I used to run all my backtests in Excel. In 2009, I used Paralles and Windows XP with Excel to run these tests. My Macbook with a Core2Duo at 2.4 GHz was soundly beaten by my 5 year-old Dell Pentium 4 at 2.4 GHz running the exact same backtest.

At the time, I reformatted my old Dell as Parallels ...

What I did to get around the intra-day data limitation was use the prior day's high / low for stop placement and then "tighten" up the stop on the day after the breakout by moving my stop to the high / low of the beakout day.

That system was pretty aggressive and I am no longer trading it, but it ...

It seems to me that in order to become a client of Deutsche Bank in the first place, one has to be a high net worth individual... :S

Could be, I never checked that. I would have subscribed as an institution through my employer. I just assumed that since the minimum investment for individuals was ...

I am not sure if Deutsche Bank still offers this, but they did offer investments into Winton.

https://www.db.com/medien/en/content/pr ... 0_5085.htm

Contact details are on the link.

Edit: The fund is called dbX Systematic Alpha Index Fund. You can find it at http://www.funds.db.com

I know this is a very old thread but hey I'm new here and thought this might be revived.
So with that in mind I add, Van Tharps' book "Definitive Guide to Position Sizing" is a good resource for risk management study.

Hi John,

I am generally pretty skeptical of anything Van writes, but out of ...

What ever i try i need at least 15.000 usd starting and never get less then
70% DD.
And i still do not belive he was already using heat control at that time.
Could it be that he was just a "lucky bastard" ?
:D

well,at least at the begining.

Ed also allowed client to withdraw cash from their ...

Dukascopy also has a historical feed with tick data going back to 2001 for fx rates.

Probably more like 120% of his gains came from silver. -20% from fx.

Haha, agree completely. My fx account has really taken some big knock due to all the churn.

The last time it was possible to calculate this exactly was on the Sep 23, 2010 post. Doing some quick math it points to ...

Hi Trading Leech,

Here is a blog of leonardo for you to peruse.

http://infiniteyieldforex.blogspot.com/

Again another impressive performance although probably 90 % of his gains came from silver. Luck does play a part, but remember he was bullish silver as it started moving up and held the ...

For me, the attractiveness of the financial markets is the scalability. Theoretically you can earn the same return on basically any amount of capital. So say you have an outstanding 50% year. On $10,000,000, thats $5,000,000 - pretty good year by most folks standards. On $10,000, thats only $5,000 ...

Personally, I would not try with $10k to trade future. You would not be able to get any decent risk control on a LTTF system. If you stick to fewer contracts (only the smallest of the minis), it might work but you lose the benefit of diversification.

The easiest route would be to apply a LTTF ...

You should speak to LeviF. I believe he trades most currency pairs available.

In my backtests I found that after a certain number of instruments, the incremental improvement in MAR starts to decline. In my case, I believe it was due to the fact that a lot of the currencies are relatively correlated ...

I did quite a bit of backtesting on this to see if I could get an undercapitalised account to become profitable. I reduced size whenever drawdowns hit a certain % or if x % of trades were unprofitable. The effect of these drawdown reducing techniques was that the system would have smaller, but ...

Dukascopy is a forex broker.

They will most probably be not what you are looking for, but their custodian offering is what interests me.

If it is not contrary to the laws and regulations governing your broker, then I am pretty sure something similar can be set up with them (if they are willing ...

Have a look at Dukascopy's website. They have a service they call "Swiss Custodian Banking Services". In essence, you can open an account with any of their pre-approved banks and on a daily basis, Dukascopy will debit or credit your account with the Custodian bank.

This is a step in the right ...