Traders' Roundtable

I have always had a rule for what to do when there is an extreme event - eg; a plane into a building. That rule is halve all existing trades - even if they are profitable. Assess and then probably exit most positions. This is only on a true black swan event. In all my trading years, this has only ha...

The testing I ran factored in correlation - measured not in any scientific way, but more along the lines of metals, grains, precious metals, rates, equites, FX etc; Never really went much further than this. It clearly reduced volatility and also returns. There was no profit taking involved just limi...

my 2 cents.....are you trading correlation or trends? While it seems that most systems work better with more futures markets being covered, could it just be that you don't need as many and hence correlation becomes less of a problem. The equity curve may just not be as smooth. Sometimes it seems tha...

go to the exchange websites

does modern society have to be like this..... Ideally no - but with 6 billion other people all wanting more and more (and can you blame them) unfortunately this is going to get tougher. If you want a land that time forgot yet with modernity (and I say this as a compliment) New Zealand - (only issue ...

"Oh dear me, I can see I am going to have to do some work." One of the best lines I have read on any trading forum ever. thanks. (interesting discussion none the less - the difference between reality and fantasy for many systems that seem to fail in the real world most likely lies in the q...

We had a quick look at which months the rolls occurred - as its not necessarily the front month. Yes open interest and volume can pick this up, but when looking at the months of offer - sometimes it can be confusing initially when a month is skipped as the front month - not such as issue for the cur...

Slightly off topic, but I know of a few discretionary traders who actually cut all their positions back - even if they are longer term holds - when their PL gets excessive. It works for them even if just as a fudge. I also saw another systematic money manager in the UK that seemed to run a portfolio...

When it comes to managing other peoples money - its a different ballgame - marketing and contacts can make all the difference to size - and this is not dependant on performance. Given the little I know about trend trading compared to others here, please correct me if I am wrong.... If the biggest dr...

I am going to dig a ditch to catch a banker. I hear these wild animals have a secret pot of gold that if you tickle their stomach they will give up in an instant.
Is this ethical?

The brain that changes itself - great book, and covers the scientific reasoning for why all the other books work. I also just finished a little book I found called "the winning investment habits of warren buffett and George Soros" - Mark Tier. (similar to many ideas of trend trading) Point...

I did this the slow way in excel, by just taking the last trade, and we in putted it into my own system. (I dont own TB yet) Jez Liberty is correct in his last paragraph. For accuracy using the H and L is largely irrelevant unless using tick data, as you need to match the timing of when they occurre...