Recent content by Moa

I don’t agree with money management... Let me take the flip coin example: Suppose you have a winning strategy (= an unbalanced coin) doing consistently 60% faces, 40% backs and suppose the win/loss reward is the same, say 5% of your bet size. What will be your ‘Money Management’...

For backtesting purposes, we need RELIABLE data and NYSE daily O/H/L/C is often corrupted. If some trades take place between 9:30 and the NYSE Opening trade, or between 16H and the NYSE Closing trade, the first of this trades is taken by most of data providers as the Opening/Closing price...

For backtesting purposes, we need RELIABLE data and NYSE daily O/H/L/C is often corrupted. If some trades take place between 9:30 and the NYSE Opening trade, or between 16H and the NYSE Closing trade, the first of this trades is taken by most of data providers as the Opening/Closing price...

Does the 'professionals' (funds and institutions) use MOO an MOC orders? I dont think it because market orders seems no 'professional' and involve too much price risk. So who uses MOO and MOC orders? I ask this question because I'm trading my own strategy using this type of orders and I've...

With a 'per share' broker like IB, trading $100K of a $5 stock = 20,000 shares => $102,5 fees (IB). Trading this same $ amount with a $100 stock = 1,000 shares => $7.5 fees (IB)! On the other end, 'per ticker' brokers like Ameritrade don't have NYSE native Market On Open and Market On...

I've traded from Spain with Datek, Ameritrade Pro, and now IB (IMO, by far the better of this 3).

IMO, you only take profit when you withdraw funds out of your tradding account... otherwise you are only taking a new position: long, short... or flat, and this must be precisely defined by your strategy. For me, exit point and stop loss are two diferent concepts. Exit is the counterpart of...

No brokers with fees based on the $ amount? The problem is if you trade 25,000$ on the same stock, 3 years ago this stock was at 25$ and you traded 1,000 shares (IB fees = 7.5$) but now this stock is at 5$ (because few stocks make reverse splits) and you must trade 5,000 shares (IB cost =...

* www.freetrade.com

Me too... Now than share prices are very low I must trade 2000-5000 and IB is very expensive for size. Try www.freetrade.com, but i need native MOO and MOC orders and i don't know if they have it (I emailed them 3 weeks ago about this and they don't respond me).

If the market will reverse it is better to average, if it will continue its trend is better to take your losses...

From Spain: IB ch around 125 ms IB us around 190 ms