Search found 126 matches

by Chelonia
Wed Mar 16, 2011 4:47 pm
Forum: Testing and Simulation
Topic: Black swan
Replies: 43
Views: 14189

mmtrader


You make a good and in my opinion very valid point. System and portfolio selection is very important.
by Chelonia
Wed Mar 16, 2011 4:36 pm
Forum: Testing and Simulation
Topic: Black swan
Replies: 43
Views: 14189

I´ve always been succesfull in day/swing trading for over 20 years. Made millions, but there where also the drawdowns. Until one day i´d had enough and decided i didn´t wanted to be glued to the screen most of the day. That´s when i took up TF. My decision wasn´t even based on performance but m...
by Chelonia
Wed Mar 16, 2011 2:03 pm
Forum: Testing and Simulation
Topic: Black swan
Replies: 43
Views: 14189

It´s a mugs game. You win some, you lose some but overall (years) you loose. And after all, why would a black swan be a bad thing, especially for trendfollooooooowers?!
by Chelonia
Wed Mar 16, 2011 5:59 am
Forum: Testing and Simulation
Topic: Black swan
Replies: 43
Views: 14189

That is not a consistent additional strategy, trust me. Just stick to what you tested/run!

If you can´t stand the heat gear down to a level where you feel comfortable even under the worst conditions.
by Chelonia
Tue Mar 15, 2011 7:25 am
Forum: Testing and Simulation
Topic: Black swan
Replies: 43
Views: 14189

Nope, but steady -1.5% for March in the last 4, 5 days
by Chelonia
Wed Mar 09, 2011 5:01 am
Forum: Money Management
Topic: How to incorporate subscriptions in trading
Replies: 14
Views: 6897

Exactly what i said! Scale in funds with whatever you and the investor feel comfortable. Explain to him the character of the strategy. If he commits 1 m, then 2x 500k per month, or 4 x 250 a month. Make the investor understand the implications, and he will be more then happy to take your advise and ...
by Chelonia
Mon Mar 07, 2011 6:19 pm
Forum: Money Management
Topic: How to incorporate subscriptions in trading
Replies: 14
Views: 6897

Run seperate accounts, or advise them to scale in. If they want to invest 20k, then month 1: 5k, month 2: 5k, etc.
by Chelonia
Tue Feb 08, 2011 12:42 am
Forum: Money Management
Topic: Estimating Future Risk…
Replies: 29
Views: 18290

@Dean Hofman

Curious to know how you can trade your full diversified portfolio at 8-10% margin with your min. acct of 125-200k?
by Chelonia
Tue Feb 08, 2011 12:36 am
Forum: Money Management
Topic: Estimating Future Risk…
Replies: 29
Views: 18290

It´s all good old leverage
by Chelonia
Sun Feb 06, 2011 7:11 pm
Forum: Money Management
Topic: Estimating Future Risk…
Replies: 29
Views: 18290

Thanks Marriot :roll:
by Chelonia
Sun Feb 06, 2011 6:03 am
Forum: Money Management
Topic: Estimating Future Risk…
Replies: 29
Views: 18290

I keep daily track of M/E ratio in a seperate file based on broker statements. TB provides this as well but doesn´t seem to work. In TB M/E is always 0.00% Margin to Equity Ratio 0.00% I never gave this much attention because real life happens on the statements, but am i missing something. Should t...
by Chelonia
Mon Jan 10, 2011 3:58 pm
Forum: Futures Markets
Topic: What was your performance in 2010, and year to date?
Replies: 5
Views: 2888

2010: +22.93 net of perf/mngt fees. -3% Jan, 2011
by Chelonia
Mon Jan 10, 2011 11:46 am
Forum: Futures Markets
Topic: What was your performance in 2010, and year to date?
Replies: 5
Views: 2888

What was your performance in 2010, and year to date?

What was your performance in 2010, and year to date?
by Chelonia
Fri Nov 26, 2010 7:59 pm
Forum: Trader Psychology
Topic: Is trading moral and ethical?
Replies: 25
Views: 30466

I didn´t vote for an inflationary monetary model, but while it´s there i might make the best of it by eploiting it systematically...
by Chelonia
Sun Oct 03, 2010 8:02 am
Forum: Testing and Simulation
Topic: Measuring your correlation to professional futures traders
Replies: 56
Views: 26773

guaranteed no draw downs or volatility



Compared to what? :roll:
by Chelonia
Wed Sep 29, 2010 7:12 am
Forum: Testing and Simulation
Topic: Measuring your correlation to professional futures traders
Replies: 56
Views: 26773

With conditions, but not bad indeed, definately worth a look if you still believe governments are not going to default on their debt´s! I don´t see rates going up anytime soon because of the fact that the current problems come from the irreversable multification of debt by interest. This central b...
by Chelonia
Wed Sep 29, 2010 6:13 am
Forum: Testing and Simulation
Topic: Measuring your correlation to professional futures traders
Replies: 56
Views: 26773

Your right Chris, all i focus on is drawdown and that will never change. I´m not saying i don´t accept them.

Can you tell me where i can get a 5% fixed rate saving :lol:
by Chelonia
Wed Sep 29, 2010 5:04 am
Forum: Testing and Simulation
Topic: Measuring your correlation to professional futures traders
Replies: 56
Views: 26773

No wonder they can´t attract any institutional funds with a -41% drawdown. If they would take 0.25% of their current leverage instead they might have a chance. Deleveraging could also open up less liquid markets for more diversification.
by Chelonia
Mon Sep 27, 2010 3:49 am
Forum: Testing and Simulation
Topic: Measuring your correlation to professional futures traders
Replies: 56
Views: 26773

What do we really know about the underlying managers in any (benchmark) systematic trend following index. Did they always lived to the system, or was there a directional overlay at times. How much alpha do we need to account for if any? The only way of finding out is to compare system output with br...
by Chelonia
Sat Sep 25, 2010 6:33 am
Forum: Testing and Simulation
Topic: Measuring your correlation to professional futures traders
Replies: 56
Views: 26773

Great idea Sluggo. Why don´t we all put down our Correlation number between the system you (currently) use and the BSTI. Our´s is 0.58, which is in line with most other (large) CTA´s. The mean runs around 0.60 Running this number down is possible but in most cases the correlation between the prog...