What are some ways people have successfully done this? For the sake of discussion, let's assume that my strategy has IP worth protecting and isn't...
I see your point about statistical significance and the number of trades, but I do think that Van Tharp's idea of cutting it off at some point...
Isn't PI too influenced by the number of trades? A system with 1000 trades will almost always have a higher PI than one with 100, even if it...
I have been a customer since mid-2008 and I haven't had any problems, but I only trade a few times a day. I haven't seen any place with lower...
What part of "I am not a day trader" don't you understand? I will say it again. I am not a day trader. My point was, and is, that you are...
OK, I don't even know how someone would go about churning someone else's account. Wouldn't you have to log in as that person and make trades...
Yes, the odds are against the daytrader. The only reason I jumped in to this thread was to post a paper that showed the odds aren't quite so...
Well, I guess if there is a thread called "Daytrading is a pipedream" that must mean it's true. Seriously? I provide a link to an academic...
How are people making 750 trades/day profiting from others trading? You're so caught up in your conspiracy theories you're not making any...
Not really, because price MUST behave in a certain way, within certain limits, in order for the trade entry hypothesis to remain valid within the...
If I hadn't noticed something on a chart to help me formulate the hypothesis around which I built my system, I probably wouldn't have come up with...
I agree with you to a certain extent, but there is at least one way to mitigate the subjectivity of pattern recognition and the efficacy of that...
Agreed. All of this discussion about black swans invalidating Kelly ignores the fact that in a worst-case scenario some trading vehicles simply go...
The authors are both professors, not brokers. Anyway, clearly you've decided what is and isn't a fact based on how well is suits your...
Your failure rates are overstated, at least according to the paper I linked above. Yes, the paper is a snapshot in time, but at least according to...
I haven't seen it mentioned, but one of the issues with hard stops is bad data triggering your stop when the market really didn't trigger it. If...
Actually, they aren't the same expectancy because the winner/loser ratio in the first set would be 1:1 and the winner to loser ratio in the second...
The problem with this is that the relationship between the amount you decrement from full Kelly and the ending amount of your bankroll isn't...
If I truly thought each trade situation was unique, why would I not develop a new methodology for each trade? Isn't it implicit in the fact that I...
I'm not sure that it matters whether he trades or not in this instance, because we are only talking about a metric, not a trading method. Someone...
Separate names with a comma.