All my backtests use some form of walk forward analysis. Do not trust in sample backtests. Whenever I see a very smooth equity curve, the most...
Thank you Mike for the detailed response. As I understand it, you first allocate the risk on individual bets in each strategy. Then you...
Mike could you please elaborate on your take on the size of equity positions you put on. I understand that you do not want any one size to be a...
I lived through one hyperinflation. The outcome was as follows. The politically connected with vast access to credit, (the hands that got...
Maverick, today's fed statement explains what you saw with ACD on August 2 in bonds, which at the time seemed weird. Who knows these things...
SPY had a lift because the bernank reiterated that he would rather toilet paperize the dollar than let the market correct.
Shortie, I think you are right in a moderate to high inflationary environment. In a hyperinflationary environment, I believe gold will outperform...
This is the beauty of internalization. It is not obvious even to some experienced traders how they get fleeced. It is all about negative...
Traders are cogs in the big mechanism for resource allocation called marketplace. History has shown that economic agents access to society's...
It is unfair to single out IB regarding this issue. The vague definition of "best execution" insures it is open season for "not too blatant"...
sent you a PM
I have been using portfolio margining to trade for myself for the past five years and it has worked out great for me. The argument that you get...
Butterball, Could you redo your calculation by comparing: 1$ in the bank with interest compounded after paying taxes on interest each year (the...
Assemble a statistical sample consisting of all the historical occurences of your setup. Make it as exhaustive as your resources permit. Check...
You need to use a proper measure of account to see through the currency debasement and confiscation of people's savings that ben unleashed in...
Yeah, it is the deficit spending that conjures money out of thin air. The fed only facilitates the process by using the primary dealers to...
don't you find it a bit ironic that after all these years they could not merge the specialist book with ARCA?
What most people miss when looking at internalization is that there are several traders involved. The customer sending a marketable order, the...
Sure, what I said is a naive two sentence parallel between poker and trading, but not that far fetched. Regarding the Phill Ivey's of trading...
my 2c: if you are a successful poker pro (that is you paid your bills and grew your bankroll for many years without other sources of income) then...
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