Traders' Roundtable

Hi AFJG, I trade the CME Rand contract, currently have a position.

sluggo wrote:Philosophically it is difficult to fit pure-reversal systems into an argument about entries vs. exits.

AFJ, I think he got you there

I agree that a rare win-win is a nice thing. And cost benefit evaluation using an NG 1R is exactly the frame that the cost should be placed in. However, in my setup, I am the only winner. Besides the golf buggy battery, I have exactly the same redundancy and ready to roll software and database conti...

Sluggo, I think you are being skinned. Backing Up Your UA Previous Top Next In the past, we recommended that Unfair Advantage users regularly back up the complete UA directory so that a copy would be available for use in the event of a hardware failure or unrecoverable software error. This is no lon...

A while ago I quietly suspected that the uber entrepreneurial c.f. consortium (incl. OWOGOG data) were going to launch a competitive product and raise the bar substantially. That was until Troy from OOWODOG blew up. Your above linked pricing slight of hand is a worry. I think CSI data is excellent, ...

AFG - indeed using R multiple profit targets rather than $ triggers is the better option for portfolio trading. Dollar triggers are rubbish if you trade C and SP in the same portfolio. However, I am very concerned that optimising for maximum the perfect profit target is a dangerous game. Potentially...

Been there, done exactly that (but before TBB shipped with a pre-made profit target block). In fact, I prompted the idea of using multiples of initial risk as an exit trigger (at first it could not be done so easily as the required object properties did not exist, but now they do and now it is easy)...

I have noticed more instances of 'profit targets' in trend following. - I see chatter on this forum (I myself have investigated the concept) - I see commercial systems hitting profit targets all the time these days. $10k seems to be a popular target (I found this also through optimisation, and dismi...

Hello Eric, For a variety of reasons, I can not give you a dollar answer. But I can give you a rule to base your calculation upon: Rule: the aim of the game is to stay in the game. Always have enough money to place the next trade. Given that rule, consider: What is the minimum amount you need to pla...

A company of experts and winners like Google would be able to offer a product that simply does better than CSI. I promoted Google as they are busy being brilliant at nearly everything they try and because the product of global market data falls nicely into their business formula. CSI are accurate, b...

I sent an email to Google asking them to add to their portfolio of information products by buying out or competing with CSI. They could easily offer the same mass information service with undoubtedly far superior Google software and product savvy. Even without trying they would offer better customer...

One of those "oops" moments... very familiar to me, just ask Tim. Mistake or no mistake, I find this a very tricky topic: structuring system parameters with or without macro market dynamics as an input. I stand by my old opinion: a hybrid system/fundamental trader is the best, but the hard...

I wouldn't call that a no interest rate portfolio. Besides the fact that you have three bond products, you have the mother of all interest rate products: Fed Funds, with an average winning trade of 22% I didn't claim that removing interest rate products would make short-only better. I claimed (and h...

As part of your long/short bias testing you should make two portfolios and conduct the repeat tests separately on both portfolios. One of the portfolios should exclude all interest rate products that have carried a long side bias through progressively diminishing inflation. You may find that without...

There were some good discussions on that old board. To save you the search hassle:
http://traderclub.com/discus/messages/1 ... 20021151am

And to enjoy another good discussion on the topic, with a funny ending:
http://www.traders2traders.com/papers/Ryan.Jones.MM.htm

i am confused :? So it would appear. My confident guess is that you are looking at a KC continuous back adjusted contract (or an equivalent synthetic time series of linked contracts). So that answers why your OHLC are different to the actual contract. Understand? Secondly, you are wrong in your con...

Hi Chris - I hope business is running well for you. There probably are empirically based mechanical solutions to the issue, but I can get a handle on them. I think though, as much as you rubbish fundamentals (and I agree to a large extent), it is a fundamental perception that is required when applyi...

edward kim wrote: I had a due diligence session with REFCO.... .....I didn't like some of their business practices, especially when it came to account segregation

That is a pretty bold statement.

Not just Australian, but a Queenslander (evidently).

Hello OE, Yes, thats it. It was an unexpected dynamic, at least for me. Long term vs short term correlation... a slippery surface indeed. A very short term break down in long term correlation can cause significant account losses. And basing long term trade decisions on short term swings in correlati...