Traders' Roundtable

More variations might include;

adding positions more aggressively early on and then being a little more cautious later on.

changing the types and tightness of stops. Variations in ATR multiple for example or parabolic stops.


Neil, a couple of observations I've made that might be of use to ...

For example, I looked at the Nikkei and Hang Seng during 2003 and both had extended periods where they were trending strongly. I figured the period measurements for each market would be fairly similar given the similar behaviour of the indices. Well, they were actually fairly different.

This ...

I thought this was an interesting paper, doubly so because there were a couple of ideas with practical application.

An excerpt from the post-script:



Markets make sense. Price series are not chaotic, but are carried along on currents of underlying capital flow. As we have seen, those currents ...

kalitka, although it's not exactly what you're looking for you might want to look at John Bogle's book, "Bogle on Mutual Funds." He analyzes equity mutual fund performance (for which there's a lot of public data) against straight indexing, and the bottom line is this:

*60% of equity mutual funds ...

Sorry, forgot something (else) that I don't get. :oops:

As to computerized institutional trading I happened to know something. For instance, I know that 700+ traders in just one division of a major institution very successfully exercized a speculative system trading program in stock market ...

kalitka, my sincere apologies. :oops: Somehow I seemed to have mis-directed a response to a different poster to you, instead.

I haven't got a clue who you're trading against, and wouldn't even know how to find out. In fact, based on your last post it sounds like you've got more information than ...

kalitka, I don't think there's any data available to answer your question because it would be impossible to gather and analyze. Also, at the end of the day it wouldn't be useful.

Consider what you would need to answer your question of "skill?" or "random chance?". In order to determine whether a ...

Damian, my response to the "key question" of what position size when you re-enter: Treat the trade as a "fresh" one (ignoring the fact that you got out of the last one on a dramatically tighter stop) and size accordingly. Here's the reason I say this.

I was running some tests on my ersatz Turtle ...