Traders' Roundtable

same here.

Just my two cents, but if the S&P 500 appeals to you then why not develop a system that trades SPY or ES? That way you can concentrate on your entry and exit logic rather than focusing on concerns of what stock comprised the index at any given time. Once you develop a winning system having chara...

On this page: http://www.portara.org/pricing.php There is a missing reference regarding "minimum symbol purchases required": Note 5. The Extraction Software Portara Charts® for Rolling Compressing Updating & Charting is complimentary with your data purchases *minimum symbol purchases ...

My typical day consists of waking up at 6am (east coast time), flipping on the computers, downloading CSI data, and then running Trading Blox to send the orders to my broker. I am typically done by 6:45am. And then most times I simply turn off the computers, and go about my household chores, meeting...

It depends on what your objectives are: - If this is indeed rental property then your estimated 1% annual net income will soon turn negative due to the cost of property maintenance and management. Your estimate of zero capital loss is unrealistic. The only way that I would buy this property is for p...

Yes, I agree sluggo. My concern is that oem is looking to us for the solution rather than achieving it on his own.

Yes, go in ALL directions. Your backtest results will tell you which direction was the most profitable or least painful, or, or, or... whatever metric is important to you!

Ordinarily I would ask my tax accountant the following question but after last tax season I realized that he knows a lot less than I give him credit for... I wish to trade stocks listed on the London Stock Exchange via Interactive Brokers. I am a U.S. citizen/taxpayer. Do you know what my filing req...

My experience with back-testing futures strategies is using TradingBlox and CSI Market Data. It is CSI that manages back-adjustments of historical contracts according to my specified roll schedule. TradingBlox applies indicators on the back-adjusted data and then generates orders against the nearest...

Oh shoot! CSI is selling a crystal ball into the future?

I put more weight on the last line of Mr. Drew's bio: "The Panic of 1873 cost him still more, and by 1876, Drew filed for bankruptcy, with debts exceeding a million dollars and no viable assets. He died in 1879, dependent on his son for support." While its nice to know that Mr. Drew was a ...

Daniel Drew - what an interesting life. Curiously, he was born in the town of Carmel, NY, which is where I purchased my first home and lived for ten years. Let's hope that Mr. Drew's bad luck does not rub off on me!

1. In the beginning don't put too much trading equity to work until you gain experience with your system. 2. Don't be fooled by an upward-sloping equity curve that spans decades. There is real pain in those drawdowns that look like little blips. 3. Beware of systems with a low profit factor (< 2.0) ...

Dollar Risk Per Trade for a long position is (Entry Fill - Stop Price) * Quantity. Rearrange terms to get Stop Price = Entry Fill - Dollar Risk Per Trade / Quantity. In your case: Entry Fill = $21.27, Dollar Risk Per Trade = 1% of $250K = $2500, and Quantity = 1996 Therefore: Stop Price = $20.02 The...

Yes, I realized that truth after I posted it. I tried to revoke my post but was not able to find a way to do that.

Yatta

Move along, nothing to see here.

I think that division by five changes the measurement units to "per day".

I don't know if this answers your question but... One of the advantages of being a small investor is that I can trade low average volume stocks, meaning that I can buy and sell without moving the market. If I have lots of captial, like a fund manager, I say don't trade low average volume markets. In...

10% of total equity per market, no more than 10 markets concurrently. I rarely have a full portfolio at any given time. The typical hold time per market is 3 to 7 days, sometimes less, sometimes more. On the odd occasion when markets are correlated after a macroeconomic or geopolitical event, I will...