Traders' Roundtable

this was in fact the thought that made me think of this thread, that i forgot to put into the post. I have heard it said, " a new trader should 'expect' to lose money for at least a year, maybe more". In my view, this is a horrible attitude. If you accept losing, it is hard to be commited ...

#1 and #2 are "myths" in my view because in various places, i see them discussed as a vague, floating notion divorced from the other elements of trading. They are also personal "myths" because, i see in my own history times when I felt I understood something, when in fact I had v...

Through my trading, research, and contemplation of the markets, I have concluded that that many of the statements about trading and the markets that new traders encounter are myths, near myths, or at the very least, questionable motives. (I am editing in here: also, I have found that as i learn, my ...

"I have been doing extensive "back testing" on this year's stocks, plus ALL the strong performers in O'Neils's books, and I have found that..." You are back testing on this years stocks? not sure what that means. However if u pick stocks that have performed well, such as o'niels ...

the basic idea is one I have spend a good deal of time considering. For me it means ballancing the desire to be aggressive based on intended risk (stop levels) against the potential loss on blow out trades. In your particular example, the cbot wheat contract's face value is not even 40k, so if u are...

Yes the consepts, no to the specific patterns.

was being to vague. I was not suggesting that some method could be created that could eliminate all "missed opportunities". For me Specifically, what i was thinking of was 2 things. 1, backtesting screens on stocks. People say this or that is good, and I have many ideas of my own. I would ...

but the general question of markets fits my overall concept of trading or how i view the markets at this point. Basically, looking to follow the money, and having clear cut, defined ways of doing that. ie, don't want to be, "doing my thing in XYZ portfolio, cause i backtested on it" while ...

For example, lets say you are trying to create a trend system in stocks. A primary part of the system is the stock selection, and let’s say you scan for certain stock characteristics, such as RS ranking, tech/sector, volatility breakout patterns, volitility, volume levels, ect. Obviously, this lis...

I am looking for a scanner that will find the most volitile stocks that meet minimum user defined price and volume cut off levels. volitility, im just talking the atr or tr / price.

anyone seen anything like this.

I have thought about this concept and done some testing with it. It seems to make alot of sense. However, as you trasition to a longer time frame (such as intra day to multi day) you also open up a new level of risk, such that if u had an intra day (5min, 3min) sized position on, you would be quite ...

I thought this article might interest forum members. It certainly made me think about how to successfuly"manage" investments and trading systems, though that is not exactly what the author's topic. It also made me reconsider where research effort may get the greater reward. The more intere...

thanks for the feedback. I will examine the link you provided. "Once you get the hang of the Excel function IF(Condition,True,False) this all becomes straight-forward in small doses." My daily pattern testing method is based amost entirely on "IF" and "and" statements. ...

I have been Testing various daily patterns using OHLC data for stocks using spreadsheets. I am able to compute things like profit from open to close, or open to x days later, which perhaps can be used to find a market tendancy. So far ive looked at X # of day streaks, gaps, combinations of the two, ...

this forum is called: "Trader's Roundtable A forum for mechanical system traders" If you are interested in a particular traders performance, particularly one that has a money mgt business, perhaps it would be more appropriate for you to conact them via that channel rather than here in the ...

I know that when I tried to shift from trading momentum stocks to the emini, it did not work out so well. I somewhat foolishly believed that my good results with momentum stocks meant I could trade the sp, and "figure" the market out while trading small size. What fooled me was looking at ...

Sorry about that howard, I made the lasy and very stupid mistake of not looking up the quote from the original source.

Nathan.

1. What I said on the 12th, or the point I was trying to make, has not really been discussed since. 2. Menelik, I have been using 1atr, or as the turtles call it N, to calculate position size in my examples. That is what stays the same and is why both howard and I have said position size does not de...

I have noticed that the "2atr" thing keeps being mentioned. As I said in my second post, my example was arbitrary. However even given this, I made a mistake by adding an unnecessarily arbitrary element, which was the stop. My point did not require mentioning anything about a stop. The prob...

It is true; my original example was quite arbitrary. I was trying to demonstrate a concept, rather than make any statement concerning the merits of the particular approach, which by the way is not "my approach." I am not sure "arbitrary" is a dirty word. Even the most well though...