Traders' Roundtable

Thanks Forum Mgmnt,

I looked at the Excel help files and you can select a bunch of cells, hold down shift, click on edit and it will allow you to copy as a .gif and paste it into a file.

regards, Neil

Kevin,

It's good to see optimal f get a good airing. I get the impression that Ralph Vince has just confused the issue. I find clarity in Van Tharp (trade your way to financial freedom, and Special report on money management) as well as Nauser Balsara's Money Management for Futures Traders.

I ...

"How will that distribution change, when I introduce pyramiding." (Is this, what you are doing Neil?)


I'm looking at the distribution of R-multiples to decide how much of my profits to risk to further positions and whether it is worth adding to a position at all. Positions added are additional ...

All,

Before I was aware of Kelly and just starting out learning to trade it crossed my mind that if you run a series of trades using 2% account size and then the same series using 80% the results were going to be very different to put it mildly. I decided to test it using excel. The system was a ...

Shakyamuni,

It seems that Veritrader does the job beautifully. The first page of the results shows a histogram and cumulative frequency chart of R-multiple distributions.

Using this to deduce the probability of the trend contininuing and how much further it might go, I've managed to produce a ...

Shakyamuni,

I would define trend longevity in terms of R multiples. R being the initial risk. This would standardise all trends as all entries are made with 2ATR stops. Life gets a little complicated with contract rollovers but I would view these as a continuation rather than a new trade. It would ...

Sebastian,

I agree with you that an n day stop is certainly very good at trend following with the basic 4 entry turtle setup. My problem with it is that if you get lucky on a very strong trend, say a 6ATR move in 3 days, you cannot claim a profit for at least 20 days. This does not allow you to add ...

I have been using a modified turtle sytsem for a few months now with good effect. Playing the market's money.

1. As soon as a position shows a stopped in profit, risk a percentage of that profit, 25%? and add a further trade with 2ATR entry.

2. As that extra position moves into open profit the ...

Babyturtle

at last someone has mentioned ATR stops. If a 2ATR stop is good enough for the enty stop then why not use a larger multiple of ATR as a trailing stop. Say 3 or 3.5?

when I compare this to to the price low of n days ago as a stop (as in the turtle system), I find that the ATR stop is ...