Recent content by MAD10

that will give 150K notional long exposure http://www.cme.com/clearing/clr/spec/contract_specifications_cl.html?product=ES now go to that site and figure out based on (1) margin requirements (initial and maintenance) (2) min tick and tick value (3)your cash positionand market beliefs...

commissions are the smaller of the two problems (and could actually be ignored if needed). slippage (realistic bid/ask spreads and points of entry) has killed many of my "otherwise" promissing strategies. if one does not use actual bid/ask data, a realistic fixed amount slipage could be used as...

"You need to get together with a bunch of other traders who lost on the same trade. Get enough votes, and you can have a bailout too! Free money, it's the best." If youare going to be getting a group, count me in. I'll donate my 100,000 LEH shares to the cause...:D

OptionsCoach: thanks for the thread! I have a question (it may have already bean answered and I usually make an attempt to find an answer by reading through a thread, but 800+ posts...) How much money can be managed with your strategy (class of strategies)? i.e.What are your markets' liquidity...

<b>More like a poker player checking the opponents hands by betting at the pot. The player gets the info. Other players that can observe also get the same info. The 12:20-25 trades were a test to see if the market had legs underneath it. It did.</b> Interesting observation Acrary. How many...

MacroEvent wrote: "<b>My trading is kind of high frequency in the futures with either a profit fill order or an new entry order every 1 point level in the es sp mini. No mater what price is doing in the es at each 1 point level I have short and long orders pending---------buy to covers, sell to...

drawdown is how one knows if he is utilizing capital well. Shappe's "cousins" are preferable (e.g. some version of a Sortino ratio, why get penalized for desirable performance?)

Nitro, you are on to something: there is some theory that if you were actually able to get this information by say studying your equity curve, etc, then your system is not making use of all available useful information to go long/short in the first place. In other words, if a system is truly...

What if there's a recurrent ever CHANGING market structure that defies consistent forward profits based on back tested results? As in, the market will TRY to do what is has to to make 'you' lose. Now it can't make everyone lose at once, so you might actually win, but the next time it's your...

I think the move is over and about to reverse; so I close my position. Instead the move continues in the same direction it went, and sometimes continues to another breakout line. So, what's the problem? There is no way of knowing for sure which way a BO will turn out (regardless of what many...

Pepto-Bismol :D

OddTrader, :confused: You are going to have to clue me in....

Lefty, I enjoyed reading your comments. Thanks. Would you care to divulge some specifics on performance characteristics you have enjoyed with your pivot system:Sharpe, vol, drawdowns, down days/months, whatever you measure and have found to be useful? I just recently started experimenting with...

I don't know about "predicting", but if you seek to achieve some level of robustness for your system results, the larger the number of "trials" the better your chances of avoiding curve fitting (all other things being equal). The better a predictor you become, the more opportunity you'll find...

Have you asked yourself "Why" can you not make money in these instruments (while making money in the others (quite similar). Is it something about your approach that makes the instruments not suitable for profitable trading? More importantly: How much out of sample trading experience with...