Recent content by monoid

@tradingcomputer: I know I am little late to this thread. But I do want to share a few thoughts. (1) Read @Ghost_of_Blotto's post again. Re-read it; then, re-read it again. If you still want to move forward continue; (2) As a newbie, take @garachen's advice "stick with low frequency - maybe a...

@samuel11: If I am reading your backtest results right, the loss of 66 points is dominated by one 33.xx losing trade. Is that right? If so, this strat might have legs with proper refinements. Thanks @NoDoji for sharing. @nitro: Sorry for my off topic comment. Regards, Monoid.

@Trend Following, @kut2k2, @Visaria: Interesting conversation on merits of long-term Trend Following. However, I do feel that both the sides (Micheal on one side, and @kut2k2 and @Visaria on the other) seem to be talking from their own perspectives without explicitly stating, what I consider to...

@CL_Ftrader: Thanks for the response. No need to apologize. Have no opinion on such chart patterns. I don't trade that way. All the best. Regards, Monoid.

Thanks for your response. I am not interested in 'seeing' your algorithm outputs, but just wanted to know what the basis for those signals were. Regards, Monoid.

@CL_Ftrader: Is the algorithm signal service you advertised in another thread (for some reason I am unable to find that thread) based on formations like the one presented in your chart above? Just curious. Regards, Monoid.

I am going to attempt to address this from a different angle. Carthart four-factor model extended FF 3-factor model by introducing a momentum factor. So, FF's alpha term is further split up. For the purposes of my previous post, this extension does not matter. The idea I am trying to...

Reread what I said without jumping into conclusions about the word 'momentum'. I am not talking about 'momentum factor' enhancements.

This warrants a response. Let me try to provide more color so that my comment -- the way you define 'trend' (or 'momentum') could, in by-itself', be an 'edge' -- is a little more clear. In trend based strategies, there are two ways of looking at the problem: (a) Have a 'unique' definition of...

@Pasternak: If you have any follow up questions to my earlier post, I will respond. Otherwise, I am done with this thread. Thank you all for your time and @marketsurfer for your entertainment. Regards, Monoid.

Try Fama's 2012 paper for starters then.

I should not have used the word 'discretionary' in my previous post. My bad. I am a systematic manual intra-day trader. I have a statistical edge in what I trade intra-day -- that data is 'scientific' enough to me! The 'discretion' comes in me deploying the strategy not in the strategy itself...

@Pasternak: Most likely this is going to be my last post in this thread, so let me say a few parting words. I run automated strategies that are mean-reverting strategies. I have no qualms about their performance. These strats have been up and running for nearly 7-years. If those mean-reverting...

@Tsing Tao: You have raised this First Amendment Right issue a few times. I don't know your background. But here is something to ponder. You are correct that bigoted speech or "hate speech" is not an exclusion under Freedom of Speech (while "Fighting Words" are). The problem arose when the...

Better to be a coward than a fool! At least a 'coward' can reveal his identify later on; but a fool has no wisdom to share at any time. You, my dear Surf, are a fool! -Monoid.