Traders' Roundtable

Does anyone have any thoughts on the risk profile to use. How about risking 100% of profit early on, say less than 1xrisk as profit, and then reducing to say 10% as the trend matures. Every trend has a finite lifetime, does anyone have any data on the longevity of trends? There would be no point ad...

Veritrader appears to be interesting.

I have a hard time to find learning materials for FIX.

Any suggestions?

Kianti, I thank you for the friendly advice.

How do you gentlemen feel about diversifying across contract months?

Forum Mgmnt, I agree completely. One way to see this behavioral characteristic of stocks in action is to examine the relative results of going long 52-week highs and short 52-week lows. Though I usually find most academic studies to tend toward the flimsy side, here is a study that I feel illustrate...

Dear Forum Mgmnt, Your method for calculating slippage is interesting. I tend to use a more conservative method and- upon reading your approach- I wonder if mine is perhaps too conservative. This might ultimately lead me to prefer one set of parameter values over another set that may actually perfor...

I am currently fooling around and doing some brainstorming with my scaling/'pyramiding' algorithms to see if I can invite some additional value.


We might be able to engender a mutually beneficial discussion on the topic.

One good way to avoid Black Swan events is to see them coming ahead of time and get out of the market.

???

Agreed. It's just as unwise to trade on a purely theoretical optimum as it is to arbitrarily select a position sizing scheme based on your zodiac sign.

Any suggested books?

Cheers!

In the end, it just boils down to personal preference.

What books would you reccomend?

Thanks!

All great replies!

Excellent comments!

The trained mind is flexible and very good at adapting, changing and thinking in qualitative terms. However the mind has emotion because it relies on the amygdala as well as the neocortex to function in practical operation. Therefore, the mind is inherently imperfectly disciplined. The computer, on ...