Search found 64 matches

by Turtle40
Wed Apr 11, 2007 5:13 am
Forum: Futures Markets
Topic: palladium
Replies: 5
Views: 5367

Went long in PA yesterday, as per my system!
by Turtle40
Mon Oct 23, 2006 1:44 pm
Forum: Testing and Simulation
Topic: How Do You Test?
Replies: 18
Views: 14220

Guys thanks for the replies thus far.

Ted I will re-read the links you provide. The main thing that interests me is the "process of process", in other words how others go about bringing all the various pieces together.
by Turtle40
Mon Oct 23, 2006 6:25 am
Forum: Testing and Simulation
Topic: How Do You Test?
Replies: 18
Views: 14220

How Do You Test?

An open question: How do you test? I have spent quite a lot of time thinking about the testing process, and the more testing I do the less I think I know. Using TB is very easy, we can now test our edges, draw fabulous Monte Carlo graphs and so on, but with so many infinite combinations and paramete...
by Turtle40
Tue Oct 03, 2006 5:53 pm
Forum: Testing and Simulation
Topic: When To Stop Trading
Replies: 43
Views: 34571

Dean,

I thoroughly enjoyed your presentation, and learnt some new things.

Thanks!

-Turtle40
by Turtle40
Sun Aug 27, 2006 5:21 am
Forum: Money Management
Topic: Heat
Replies: 24
Views: 18369

T40,
It's never easy. At least not for me. That's why the topic of self discipline and super human fortitude comes up again and again.
Well said!

-Turtle40
by Turtle40
Sat Aug 26, 2006 8:23 am
Forum: Money Management
Topic: Heat
Replies: 24
Views: 18369

RedRock, I absolutely agree. Reducing risk may not be the best plan, and backtesting supports your comment. However, I think there is a big difference in having a drawdown from a profit situation, versus a drawdown from the starting balance. It is much easier to cope with accumulated profits disappe...
by Turtle40
Fri Aug 25, 2006 2:23 pm
Forum: Money Management
Topic: Heat
Replies: 24
Views: 18369

Hi LongShot, I don't think I qualify as a veteran trader just yet..not old enough :D Thankfully I don't rely on my trading for income, I have a full time job, but have allocated "risk" capital which I am prepared to lose. With the current lack of sustained trends I am doing a good job of losing it a...
by Turtle40
Fri Aug 25, 2006 6:43 am
Forum: Money Management
Topic: Heat
Replies: 24
Views: 18369

Longshot, I enter with buy or sell stops. My average risk/trade over 22 years and 2024 trades is 0.8% Alerionsailor, I put a 7% risk/trade into my system to see what would happen. The system went bust after just 3 years, with a whopping -131% year. Just don't underestimate drawdown. If you think a 4...
by Turtle40
Thu Aug 24, 2006 6:35 pm
Forum: Money Management
Topic: Heat
Replies: 24
Views: 18369

I would second what RedRock says. I only risk 1%/trade, and that is with an "historical" drawdown of around 30%. At present I am in a drawdown period that is as bad as the historical drawdown, due to the lack of any real sustained trends in the markets I follow. Keeping a 1% limit is psychologically...
by Turtle40
Fri Jul 21, 2006 2:47 pm
Forum: Testing and Simulation
Topic: Portfolio Optimization
Replies: 50
Views: 35682

From my experience testing combinations of markets in trend type systems, I have found that "less can be more". By which I mean that I try to avoid the highly corrlated markets within each group. I recently deleted HU from my portfolio because of its correlation to CL, and also the SF went as well d...
by Turtle40
Mon Jul 10, 2006 5:06 am
Forum: Testing Software
Topic: Trading Blox trial - interesting results
Replies: 3
Views: 5031

Hi Seraphim, I have a similar experience when testing futures with different size accounts. The reason my system performs differently is the position sizing. With a starting balance of say $1.5m, I may get a signal to buy 1 or 2 contracts of unleaded gas, based on a small percentage risk, typically ...
by Turtle40
Mon Jul 10, 2006 4:48 am
Forum: Testing Software
Topic: Trading Blox trial - questions
Replies: 3
Views: 4946

Hi Seraphim, Can't help you with 1) or 3), but I use Worden data for US stocks. They have a huge database, and I can't say whether it is the "best", but it certainly is excellent value for money. (www.worden.com). I don't test huge stock numbers, but have found that with 1gig RAM, TB does al that I ...
by Turtle40
Sun Jun 04, 2006 4:57 pm
Forum: Brokers
Topic: Costly Robobroker Errors
Replies: 21
Views: 23751

Hi AFJ, I am trying to understand your problems, really I am, but I just don't get it. You trade a long term system, so I guess you don't trade each market that often. I trade a shorter time frame and can happily go days without putting an order in, as there is no trade approaching a breakout, hence...
by Turtle40
Thu May 11, 2006 6:22 am
Forum: Trend Indicators and Signals
Topic: 1234567890
Replies: 8
Views: 8092

Hi, The black swan to which RedRock refers, is what we brits call the DEAD CAT BOUNCE I don't think that is entirely correct. As I understand the defintiions, a dead cat bounce is as you describe, whereas a black swan is an unexpected event or outlier that is not predictable, such as 911. -Turtle40
by Turtle40
Sun Mar 19, 2006 6:40 am
Forum: Data Providers and other non testing software
Topic: Different test results with CSI 2.9.1
Replies: 3
Views: 4453

jkk3131, I had the same experience when I changed from 2.9.0 to 2.9.1. I run 2 identical setups of UA and TBB, and always compare test results when I change either installation. I found small differences between the 2 computers after I had put 2.9.1 on both machines. This showed up in the instument ...
by Turtle40
Wed Mar 08, 2006 12:29 pm
Forum: Testing and Simulation
Topic: Difference Between Exponential and Simple Moving Averages
Replies: 7
Views: 7072

The answer, quick one that is, can be found on p14.1 of the pdf guide.
(Glossary of Terms)
by Turtle40
Sun Feb 19, 2006 6:32 am
Forum: Testing and Simulation
Topic: Trading Solutions Software
Replies: 24
Views: 13828

Hi Pakua42, To clarify, TB Turtle and Pro have in built systems which you can tweak the various parameters and see what effect this has. TB Builder lets you write your own "blox" as they call them. You can therefore attempt to do more advanced things. I use Pro (no programming), and have found no en...
by Turtle40
Fri Feb 03, 2006 5:16 am
Forum: Testing Software
Topic: Update on backtesting platform please
Replies: 21
Views: 17083

Hi Mike, I have never owned backtesting software before, and have learnt more in the last 3 months, than probably in the last 5 years of "dabling" with various systems. I have now "designed" a system, backtested from 1992 to present, trading 20 markets. Risk is 1%/trade. Gives a return of about 62% ...
by Turtle40
Wed Feb 01, 2006 10:41 am
Forum: Testing Software
Topic: Update on backtesting platform please
Replies: 21
Views: 17083

Mike168,

Can't speak for other platforms, but I have had TBB Pro for about 3 months now. It is completely stable, (2.10), and in all respects is a joy to use. I have no negative comments about the program at all, and the support from Tim and co. is brilliant.

I would highly recommend it!

-Turtle40
by Turtle40
Thu Jan 19, 2006 7:37 am
Forum: Data Providers and other non testing software
Topic: Data - Where is the best place to get it?
Replies: 3
Views: 4539

Dan, I think the generally accepted "best" supplier for data is CSI, (www.csidata.com). You can have all manner of contract types, including IFGs, (individual futures groups), consisting of the nearest contracts. They are very good and reasonably priced, and the best bit.... the data integrates easi...