direct statistical trading a "clearly" defined approach by NTW31

Discussion in 'Strategy Building' started by nukethewhales31, Dec 31, 2008.

  1. read the thread through is said the built in stat loss is around 20% because it revert to open thus and stops from my data about 20% of the time thus making a 90% level 90%*80%= 72%

    notice then later i said that while you learned that ...now we can fix a mistake in thought process and use tick data and run the stats for what you just mentioned..... thats the next step perfecting and removing 20% tendencies. while the system in the beginning does work it have a unremovable built in loss around 20% we take our idea a step further in the next few posts to really form the idea we were looking for .... this is an "approach" to helping create a working system that you know your odds. this just shows you how and gives you an idea to using stats.

    now the info we gained is not in vain because we can now look at our past way of putting this in a spreadsheet and finding formation probs... showing us tendencies in formation its helpful.

    then show you how to apply the same logic to tick data now you know your direct odds... this is a thread that builds on itself. IM not giving you a system to give you a system is to give you nothing. to give you an approach is helpful.
     
    #221     Jan 17, 2009

  2. You my friend are a NOOB and full of bullshit
     
    #223     Jan 18, 2009
  3. yup your right im a bullshit noob you caught me...

    anyways way to be contructive

    and that puts you on NTW31's famous ignore list.
     
    #224     Jan 18, 2009
  4. one day when you become a good trader

    you won't share your methods

    I was like you once, young and innocent
     
    #225     Jan 18, 2009
  5. Dankeri

    Dankeri

    Welcome to the thread. Now go home.
     
    #226     Jan 18, 2009
  6. ANYWAY here you go i got cut off after 5 min so i gotta work that and surprisingly im kinda nervous haha oh well ill get over it


    anyways ill be using a demo account to show my trade live cause i dont want my real account name or account # or anything transaction history blasted all over ET..

    so deal with it.

    im just kinda hoping to help some people out with this next video im just going to start re-explaining everything from the start again but in video. more in depth.
    http://www.savefile.com/files/1971128
     
    #227     Jan 18, 2009
  7. Hey nuke, which package did you get and how much was it? Their web site doesn't list prices that I could find; they want you to request a quote.
     
    #228     Jan 18, 2009
  8. got mine 2nd hand from a friend of mine who no longer wanted it he got something called matlab... 300$
     
    #229     Jan 18, 2009
  9. new video

    statistical analysis tradings
    -as approach/method/system
    -system desig - fix point analysis/variable point analysis
    -ability to adapt-to market conditions
    -why use with currencies
    -personality in currency movement
    -characteristics - eur/usd
    -who are we trading against
    -what we are looking for.

    http://www.savefile.com/files/1971865

    35 meg - 20 min
     
    #230     Jan 18, 2009