Recent content by dmacdonal9

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    Backtesting for more profitable Exits & Stop Losses

    www.wealth-lab.com will do it for you. It has a very good analysis of MAE and MFE numbers to help in adjusting stops and targets.
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    Requirements for Reviewing

    There was some discussion a while ago about Elite on the wealth-lab board. I believe it's made a lot of wealth-lab people aware of elite and has driven us to check things out here. Posting a review seemed like a good idea to me and others seem to have done the same. I believe it's a great...
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    Canadian Traders

    If you get a response, I'd be interested to hear what it is. I would be very surprised though if you could trade while in the US and wind up paying no cap gains taxes at all in either country. That'd be a pretty super deal...
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    Canadian Traders

    I've been told that it is where the company is managed from that determines it's tax status. So a US corp managed by a Canadian resident would incur a Canadian tax liability, and no US tax liability at all.
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    POLL: Pay up to stop all of the arguing?

    If you charged even $0.02 for a year's membership here, the place would be deserted. It's not the money, it's the pain in the ass of making a buy decision, hauling out your wallet, wondering if it's all just a scam to steal your ccard, etc. I'd rather see us somehow get rid of all the posts...
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    Market makers and stops

    Think about what it means to a market maker to be holding a stop in the order book. In the case of a long stop-loss you've essentially advertised that you will sell the stock for a lower price than it is currently at. If the price is close enough that they can make a run for your stops...
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    how many of y'all swing?

    I swing trade extreme price movements by entering just after a strong reaction to an event (earnings and such). Fading these movements over about 2 days with the right exit strategy is quit profitable.
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    Need to keep it simple

    If you backtest a new idea and it works, then try it for real. if it fails, don't. No money need be risked. Backtesting is absolutely critical to my mind. I so often have what I consider to be a great new idea, and when I backtest it, it turns out to be aloser in the long term. So often...
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    Volume in selloff events

    So someone mentioned they'd rather enter a price decline on high volume. That's what I seem to hear most often, but others will use high volume as a sign of conviction behind the move. Say 2 stocks go down 20% in one day. One did so on low or average volume and the other does so on very...
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    User Names On Elitetrader (a fun thread)

    One time I worked at a company where the idiot who setup my email misread the form where I wrote down my username choice. He though the final d was the number 9 and actually thought I wanted to be dmacdonal9 and then refused to change it afterwards. My coworkers got great enjoyment from...
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    Charting Software on Linux

    Never used anything but vmware. Performance is kind of odd. Application performance in a virtual machine actually seems faster, I think because things are cached differently. It gives you control over priority settings based on whether the virtual machine is foreground/background, etc, which...
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    Volume in selloff events

    No, I know trin, but what's tick? How would you use either?
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    Volume in selloff events

    I don't believe it's a 50/50 bet. I've been trading this way for 4 months now and have been profitable every month, which is completely in line with a 5 year backtest. My win% is 58%, with an average P/L of 2.3% and a Sharpe ratio of 3.52. My t-test shows a 9% likliehood of curve-fitting...
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    Volume in selloff events

    I am trading a mechanical EOD system that enters on sharp selloffs that close well below the short term lower bollinger band, in hopes of capturing a bounce. I've added a number of other filters and exit strategies that make it profitable, but nothing I currently do takes volume into account...
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