Recent content by alpha_monkey

Hi Jasper, Good on you for starting and continuing with your journal. Maybe it would be helpful to see next week as an experiment: - take all the system's signals; - exit (stopping & reversing) exactly as the system indicates; - use no discretion; - focus on a complete week as a...

what frequencies? we need to consider expectancy and frequency. (and trading costs.)

This thread is great. It's interesting to read the banter between T28's 'Take Em All 2 minute Tommy gun' and Romik's orthodox 'Supportive Higher Timeframes' view. Surely the way to resolve this comes down to numbers. A 1:1 with a 50% hit rate = go home B 1:1 with an 80% hit rate =...

I think that's a good take. Easy to see you know the Sales racket ;)

http://www.swedenunited.com/ Blondes. Every time.

Interesting to see an all EUREX trio in action. Out of curiousity, have you backtested your strategies? Do you find it performs better, worse or the same after inside days etc? AM

regarding, "most successful traders are difficult people." the *best* traders i've met have been an intriguing mixture of relaxed, competitive and completely focused on whatever they're doing. i've met numerous average traders who like to pretend/live the bigshot trader lifestyle...

I fail to see why PF and Sharpe need to be used on an either/or basis. Black and white thinking, to quote spike500. Given their differences, what's wrong with casting an eye at both at different stages? PF for individual systems in development, Sharpe for the basket of systems in production...

Data http://www.tickdata.com/index.html Backtest environment http://www.tickquest.com/NeoTicker/index.shtml Neoticker has a steep learning curve but is very powerful. It can backtest to a tick level, which is one reason it's streets ahead of TradeStation. Hope that helps. AM

Closest I've heard of is Pan Capital. However, I don't think it's what you're after. Maybe approach someone in London. Fortis, Marex etc. http://www.pancapital.se/

This is the right angle. Optimal stop size first, how many contracts/shares that means to stay at x% risk second. I'd agree with other posters recommending a smaller percentage of risk per position while you're starting out. You're not going to retire on your first few trades. Think in terms...

Sounds like your broker can only execute market orders for you. $300 for 10 lots is a poor show. If you hadn't turned off your PM I could have given you a contact.... AM

Noted. Thanks.

How true is that.

40yotrader's data is copyrighted. This means he can't legally share it. However, that constriction doesn't necessarily mean the end of a potentially interesting thread. What ways are there to improve on the simple system provided for discussion? - Use 60/90/120/150... min bars instead of a...