Traders' Roundtable

Will you be grouping SB in with CL, NG, HO and HU?

Yes, my mistake.

Within TB I would like to be able to step between predefined (in Dean's terms, static) portfolios, where the definition of each portfolio could be anything. In this case the definition would be market sector. Then you would be able to take the next step as suggested by nickmar, that being using the ...

As a long term trend follower, I would love to pick the things that are trending whether it is a stock, commodity or whatever.... that way I would never lose money. Simple.

Our aversion to summary statistics that obliterate structure extends to the trading systems themselves. For instance, we avoid moving averages of price in making trades. Such moving averages are popular mostly because they’re mathematically tractable, but they smooth away all the structural infor...

...and no one ever beat WC when it counted.

I see Damian made some of my points for me as I wrote my last message. To be clear, Momentum / ATR presents no problem for backadjusted data, if momentum is defined as price minus price some bars back (i.e. a price change described in points). oops, you are of course correct, Jake. :oops: Um, in my...

....but I can't believe VeriTrader (and any other software) would not get screwed up by gross distortions in the relationship of OHLC. Hi Trendmonkey, Your concern is a valid, but you need to first consider what types of indicators and price relationships a particular system (in VeriTrader or other...

In this thread and others I can’t help but detect feelings of perhaps resentment, bad blood, a gung-ho ‘take no prisoners’ attitude. Product developers aren’t our enemy. If you don’t like it then don’t buy it. There seems to be self promoted sheriffs of product quality that rather than j...

I quite agree with Tim. Intimacy with your testing platform is a very valuable asset as is an established working relationship with those that develop the product. Both can be can be obtained by being involved from the beginning, seeing a little of the intestines behind the scenes and growing moment...

Some people love to be first. "Early adopters," they are called. They'll buy revision 1 of a new program, they'll put up with its quirks, bugs, absence of features (which are always promised to be included in a soon-forthcoming next release), mysterious crashes, occasional lack of repeata...

TrendMonkey wrote: We want to hear people talk about indicators, ways of measuring drawdown, ways of expressing rules, etc.

Then why don't you lead by example?

I don't think this guy deserves the cold reception he has been offered.

CME being the instigator.

Yes, I suppose that it is an extreme time frame difference. But that does not imply bad. After all, winning trader Mr John Lynch trades likewise as erstwhile Sluggo referenced ;) In answer to your question, 'what do I mean by LTTF and 1 minute day trading system': system 1: LTTF on 45 markets using ...

sluggo wrote: Besides your one-trade-every-24-months yawner system, you can also daytrade using 1 minute bars.

That is exactly what I am doing, plus one other time frame.

I am happy with 200-300 trades over 10 years and 50 markets. Each market trading an average of 5 times over ten years seems like a good way to make money to me, particularly when a winning trade lasts for years. In fact, with wider stops I am happy with 150-200 trades over the same period and portfo...

:D My tongue in cheek cynical attitude is that portfolio selection is at worst blind luck and at best turns pure system trading into discretionary trading. I am not unhappy. My LTTF system produces a hypothetical monthly EC shows a MAR of 3.3, 45 markets, start capital $150,000, with Max DD of 10% o...

The drawdown was overcome and it has been a steady uninterrupted march to the heavens since then. An understatement. Nice skyrocket. Trend Monkey - I have a few great model systems that look dreadful from Q1 2003 there after. Of course it depends on the portfolio composition. I also have a few that...

corn v slug

damian, By typical 1-2% i was referring to how it is often said that you shoudn't risk more than 1-2% on any trade. Such a rule doesn't seem applicable to an all-in system, since in such a system you don't abandon a trade once you lose 1-2%, but rather you take a loss until you get a reversal signa...