Recent content by jellob

WFC does look like a thick stock, but according to my calculation from another system, it is still volatile enough. I am entirely new to scalping, deciding to take a look after reading something in ActiveTrader about leaning on a support or resistance. It seems to work, but I must say the...

I used to think that scalping is like jumping on and off the bandwagon while it is moving. How long do you usually hold a position? I have done some simulated trades, many of which last close to an hour. Even if they never trigger my stop, I have to sit and wait for the momentum to pick up...

You are the nastiest jackass -- worse than Batman.

I have written a program which looks profitable. Right now, I am talking with someone, a referral, about putting money to start an account. At first, I thought that it was a proprietary account for just me and him, but he actually wants to begin a fund trading my program. Problem #1: He...

I was told to not lose in a trade more than 2% or 3% of your total equity, but such a rule does not consider the effect of drawdowns. If the probability of a drawdown is small, perhaps I can risk more. On the other hand, if the probably is big, I should risk less. Furthermore, is there a...

I am using an Exel spreadsheet. It is not an automatic system, but for analysis purpose, it will do.

I understand that the greater the ratio, the greater it is. However, how it is an asset allocation ratio?

I am not too worried about optimization. When I change a parameter I will re-test the entire basket and look for patterns. For example, if I want to reduce the number of points in a MA, I will pick 60m, 45m, 30m .... If the aggregate improves, P&L(30) > P&L(45) > P&L(60), then I know that it...

I have tested my system against the Dow 30 and 60+ stocks from various sectors. The initial results are pretty good. I will test the entire S&P 500 next. Assuming that all goes well, what will be the next step? I will studied total return, shares traded, probability of a loss greater than...

Does any one have experience with the SPX volatility index, $VIX? I am wondering what sort of strategies are out there.