I've played with OTM calls and puts for outright leverage. The time decay and volatility issues pointed out are valid, and your biggest enemy....
Yes, perhaps. One of the problems with Dow theory is its inability to know if you are seeing a real trend change or an in-trend correction. Your...
+++ The market changes with respect to your system's performance because speculators, seeking the same as you, keep changing their own...
Plenty of engineering jobs out there. Sure it's only $60k but the locations are usually cheap. But I don't know if a finance type could handle...
1. bench the system and paper trade it 2. redesign it going further back and test it on out of sample data (sometimes referred to "walk...
Very good thread here. This illustrates what Intradaybill kept preaching - that you can never, ever know the odds until after the trades are...
I would be very happy to get .01x the ATR with an 85% win rate at 1-R, every day. I would retire.
A few of us (Madhedgefundtrader.com being another) spotted the end of the move using elliot wave, momentum, and fundamental analysis. I continued...
The market topped right before that time. A volatile sideways market began. A system that works well in a bull market may not work as well...
Even classic momentum analysis, taken from a tech analysis textbook, agrees with the signals herein: [img]
I just rang my cash register
Victor Sperandeo had some interesting words about how he defined a trend line and breakout in New Market Wizards. It was basically the same as...
I don't "look inside bar" to the tick level, just to the nearest minute so there is some error in the results. Let's take this to PM. :)
The simulation returns about 4x more with "look inside bar" turned off. You are seeing my detuned system with very conservative settingz...........
I've sat next to the laptop and watched it execute to the cent when the trailing stop fires. It matches the back test. The only unknown at...
"Look inside bar backtesting"
1. naive 2. It's worked very well in forward testing on a paper account 3. Thanks for trying to help :)
Detachment, Restraint, Suspicion, Robotic Discipline.......
The trend follower's view (green line at bottom is equity curve):
True, I've never audited his statements. The method worked and opened my eyes to price based trading. I also had his daily updates for a year...
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