Search found 8 matches
- Wed Jul 07, 2004 3:37 pm
- Forum: Trader Psychology
- Topic: Are You Suited to Trend Following
- Replies: 42
- Views: 87156
Interesting quiz. If I took the quiz at certain milestones in my trading years the result would vary. It would be low on N in my first year trading with zero experience but made tons of profit. Ignorance was bliss! It would be high on N when the stock market bubble ended and still trading with no go...
- Fri Jul 02, 2004 4:27 pm
- Forum: Trader Psychology
- Topic: dealing with whipsaws
- Replies: 14
- Views: 23358
Yep, most major currencies jumped through the roof this morning :shock: I read someone said, maybe Seykota, that the choice of your system parameters (or perhaps even the choice of the system itself) is a manifestation of your psychological make up. So, maybe it's more like 100% psychological :roll:
- Fri Jul 02, 2004 9:52 am
- Forum: Trader Psychology
- Topic: dealing with whipsaws
- Replies: 14
- Views: 23358
- Thu Jul 01, 2004 9:23 pm
- Forum: Trader Psychology
- Topic: dealing with whipsaws
- Replies: 14
- Views: 23358
Been there done that. I told myself that emotion is like muscle. It needs good conditioning and practice. If I emotionally couldn't do certain thing that should have been done it usually meant that I was not ready. At least intellectually we know what should be done, so it is a good thing. What else...
- Thu Jul 01, 2004 11:13 am
- Forum: Testing and Simulation
- Topic: Journey to turn the worst system into the best one!
- Replies: 12
- Views: 13557
Let's look at it using signal vs noise concept. If the system gives the opposite direction of a signal that actually goes the other way, then, yes, perhaps you can just reverse what you do and improve the result. But if the system gives a signal when it is actually just a noise, then no matter what ...
- Sun Jun 27, 2004 12:14 am
- Forum: Trend Indicators and Signals
- Topic: The logic of exits
- Replies: 8
- Views: 9088
Could you elaborate on this? Wouldn't any exit have a positive expectancy provided it was not at a loss or isn't a scratch? Expectancy gives you an idea how much money you can expect your trade to make on the average per every dollar risked. You can use your past trade results (sample size) to calc...
- Sat Jun 26, 2004 12:54 am
- Forum: Trend Indicators and Signals
- Topic: The logic of exits
- Replies: 8
- Views: 9088
- Fri May 30, 2003 8:04 pm
- Forum: Trader Psychology
- Topic: I Hate Myself
- Replies: 19
- Views: 27177
I am sure we all have read that in some ways, trading is similar to sports. For example with tennis, squash, golf, or whatever sports or game we choose to play and master, we need to spend an infinite amount of court time to practice and practice... and practice. There is no way around it. Same with...