Search found 3 matches

by raymcboyd
Wed Aug 18, 2004 4:49 pm
Forum: Money Management
Topic: Position Sizing in Options
Replies: 19
Views: 18564

Position sizing in options

Gherkin: Have you considered factoring in the delta of the option when you determine bet size? If, for example, your fixed fractional worked out to 20 shares and your option delta were 0.5, then 40 options would be the equivalent of 20 shares. That having been said, there is another risk aspect that...
by raymcboyd
Wed Aug 18, 2004 4:34 pm
Forum: Trend Indicators and Signals
Topic: Closing prices only...
Replies: 4
Views: 6599

closing prices only

In addition to not being able to calc ATR, you will not be able to see the maximum intra-trade drawdown.

For that reason alone, I'd be sure to get OHLC data so you can determine your own Uncle Point for the system

by raymcboyd
Mon Jun 28, 2004 6:53 pm
Forum: Trend Indicators and Signals
Topic: The logic of exits
Replies: 8
Views: 8324

the logic of exits

I have done numerous tests which confirm that exits are more critical to profitability than entries. That having been said, I also believe that there is no magic bullet. Trend momentum varies greatly. So where an ATR-based exit will work just fine in one instance, I'll have given up a substantial pa...