Recent content by nicholaf

And yet, there is always so much talk about paying your "tuition" in terms of losses in the market. But if the knowledge that you learned paying the tuition is useless, then why pay the tuition at all? Its like puring money down the drain. When you pay your tuition in terms of blowing up...

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win loss really doesn't mean much. you have to take the level of returns into consideration for the win loss to be meaningful

Huge news. thanks

obviously you are not institutional level

ps vishnu, i like your books. gave me some good ideas.

what Vishnu is saying is that trend following funds have inferior sharpe, sortino, omega ratio etc. they simply are not efficient in the MPT sense that there are funds that return higher per unit risk than trend followers. Thus it is not simply a matter of just returns, but the risk involved...

concentrate on the "transferrable skills" - skills that you developed while in the prop that can be used elsewhere.

lol more like watching in amusement while you quote things you really don't know about and feeling so proud of it while faking humbleness. nice

just a wannabe

1% consistently without any down weeks = paper trading backtest with look ahead bias

:D http://www.elitetrader.com/vb/showthread.php?s=&postid=914135#post914135 apparently this system was already developed since dec 05

you might want to check for look ahead bias.

the article, while interesting, lacks statistical significance