Traders' Roundtable

If you think "market selection" is an important component of successful trend trading, maybe this 3-part article on the Omega List will stimulate your thinking. It has forced me to test my systems on some commodities that I've never tried before. Part 1 Part 2 Part 3 It was reassuring to n...

If you are on the TR mailing list (see http://www.tradingrecipes.com/support.html ) then you can go back and read the messages from July 8, 2004. A user gave away free software that adjusts ascii price data files and eliminates negative prices.

You could get software like Veritrader or Wealth-Lab or Trading Recipes, and install deliberate risk limits. In Veritrader it's "Max Correlated Units", in Trading Recipes it's "GROUPRISK, LONGRISK, TOTALRISK, ITEMPOSITION", and in Wealth-Lab it's theoretically possible but you wi...

It seems to be Test #9 of Battery #2 undertaken by Oliver. I'd suggest you ask him for some of the summary statistics like: number of trades, how much was risked on each trade, number of adjustable parameters in the trading system algorithm, and so forth. Then I'd suggest you ask him whether or not ...

You'll also need to simulate the currency conversion of the margin deposits, and the effect of fluctuating cash currency exchange rates, upon the daily value of the margin deposits. For example, my account (Man Futures) is in USD. When I trade the DAX, my broker automatically converts some of my cas...

There are some traders for whom the current set of software tools compute precisely the correct answer. Among them are US citizens who trade in an IRA account and who plan to quit trading before age 59.5. Since trading software developers can't possibly solve all problems experienced by all people, ...

I like the suggestion that appears at the top of my screen right now as I'm typing this. It says, "Trader's Roundtable, A forum for mechanical system traders." An exciting feature of mechanical systems is that they are precisely defined and objectively testable. They exist in a framework t...

Another way to think about pyramiding (adding more size to an existing trade) is to consider each of the pyramid entries to be its own unique self-contained trading system. This lets you simulate and analyze them individually. It could help you see whether you're putting on the first unit too soon. ...