Recent content by marketnoize

I couldn't agree more. The automated portion of a system requires its own development cycle. Banging out some hack VB program in a couple of days is a recipe for disaster. At a minimum, we have a three month cycle where the first month is strictly paper trading (to test position...

True, true. My point was that even the greatest of the super investors have suffered similar drawdowns. At the very least, it's very premature to engage in calling Mr. Schindler a "hack".

There's this guy named George Soros. In late 1999 I believe, his Quantum fund was down 38% and then he shifted into tech stocks, and then ended up positive on the year. Then in April 2000, his fund proceeded to lose 20%. Man, all of those drawdowns. Up, down, up, down. What a hack...

If the end trader has the possibility of taking different actions under the same dynamics without any basis for deviation, those practices fall under discretionary trading. And since trades can be taken without basis, these actions are undefined. We cannot test undefined rules...

All indicators are useless? This is an overgeneralization of the problem. What indicators with what parameters across what time frame? You mean you have tried every combination of every indicator and concluded that all derivations are useless? I cannot stress it enough; take the dive and...

Probably some big players as far as emergency supplies are Johnson and Johnson and 3M.

I am not familiar with Athena. Is this an addon product, or a standalone application?

Check out the latest QuoteTracker beta; QT now has support for multi-day historical charting.

The biggest test is not the backtest, but the walk-forward. Optimize for a period of time, then pick the following consecutive period, and test against the optimal parameters of the first backtest. Repeat the walk forward analysis for several market dynamics. If the the walk-forward...

Look at QuoteTracker.

Maybe a bit of actual scientific evidence to back the statements, instead of all this jabber being thrown around? Especially in regards to systematic trading. What were the parameters? What time frame? How did you execute? For what duration? The best one of all is "technical analysis...

If you're not utilizing your TAQ library or have a more update to version and are willing to sell the CD's, please PM me. We're currently in need of extensive intraday, historical data and obtaining purchasing these CD's would fullfill that need. We're not in need of the most recent data...

Look at several of the top wealth-lab scripts, and begin to develop your own.

DumTom - For trading ideas/systems, take a look at wealth-lab and the abundance of trading systems that they have listed and ranked on their website. Many of these top 10 systems will give you an excellent base for you to develop your own system.