Recent content by es175

IMO, there is very good guidance for you here

I agree with you, but not because I think succesful strategies are incredibly difficult to build. Yes, of course it's a time consuming and often frustrating experience. And yes, some people are far more skilled & knowledgable than others in the field. However, with those caveats in place, I see...

It strikes me that flattening MOC (Market On Close) orders are often the exit of choice for trades with the day's trend. Especially when combined with protective OCO (One Cancels the Other) stops. Perhaps unwisely, I rarely use this tactic. Do you?

I'd say indicators, volume, breadth and other non-price data can have their uses. It depends on the context and the job in hand. Others might say it's philosophically unsound to state an absolute case versus the rest of the world. But despite all that, I think price action is king :cool:

i think your trading methodology is fundamentally flawed. my suggestion would be to read the AHG thread and digest.

haha, i see things differently. for me, this thread has a pretty high participation rate of posters i enjoy reading (yourself included). i'm waiting to see if i learn something.

I don't understand where our difference of opinion comes from. If "smoother" means less volatility in a return stream, intuitively (to me at least) this means less risk / more stability. Assume a single strategy and a portfolio strategy return the same %gain for a given risk per trade over a...

Wouldn't you say that 5 positive expectancy, uncorrelated strategies running together are likely to create a smoother return stream than 1 strategy run with 5 units of risk? With respect, does your point require a definition of risk reward to be made?

Like a lot of people, I'd heard that line ' Sell in May'. However, when should one buy the market in the first place? I ran some tests on monthly S&P data once to find out. Buy on the first of month x, Flatten on the first of month y over 20 years or so. Turns out the best combination...

For a short term volatility versus long term volaility answer, how about 5 day ATR vs 50 period average of 5 day ATR? Or an alternative measure, 5 day $ Range vs 50 period average of 5 day $ Range? Or measure noise/goodness of fit to the regressed slope via R-squared?

Just chopped out at 2655 in the pre market after getting in at 2280 the day after the blip down. Even a blind squirrel finds the occasional nut.

- Market currently trading around 2285. - Stop at 2225. - 1st upside target at 2580. - DIY trade mgmt thereafter es175

he's newer, more broadminded and $160 more expensive than me :)

Very interesting... How do you manage the AI/human function? Do you apply that kind of decision making within predefined parameters / specific situations? cheers, es175