Recent content by r4Nd.m

"PIRG CONSUMER WATCHDOG FACT SHEET #6 APRIL 1997, REVISED AUG 1997 " hopefully it's been updated in the last 13 years :)

mataf.net/en/tools/correlation

LOL You determine your own relationship with the market you choose to trade. whether it's stocks, bonds, futures or leveraged forex. If you decide the 'market' is a big casino, everyone making money is lucky & should quit while they're ahead, then that is what it is to you. But that doesn't...

:)

All of those are possibilities. I protect my capital with small position sizing, averaging in & trading correlated pairs in opposing directions, or non correlated pairs in the same direction. (mataf.net is an excellent resource for viewing correlation over x number of bars)

I trade forex. I don't use stop loss or take profits, although I do mitigate risk with correlation. So far, so good.

wouldn't it depend on market depth?

travis, you lost me when you said out of 33 systems you had 25 that were profitable. it took me 4+ years to develop a single automated system that makes consistent $ (sample size of 9000 real$ trades) .. & here you are saying you've got 25 of 'em. in any case, it sounds like you've got it...

LOL! At least we aren't flaming each other (yet)

A valid endeavor ;) I approve. Make sure you try the glass/bubble hash

33 strategies?! In terms of feeling guilty, it depends what your intentions are. When I retire, i'd like to have enough to start a non profit grocery store & restaurant, volunteer my time, etc...

Hello travis, i'm in the same boat. How is it possible? For me, the key was to understand exactly what i was doing & why it works. I'm not using stocks, but leveraged forex. Right now i'm developing other strategies & moving profits from my main automated strategy (4 years of development)...

As per mataf.net, Eurusd & Eurchf correlate at -98.8 on the hour & -95.8 on the daily, so really those pairs wouldn't be the best candidates.

You can take the same side of 2 low correlated pairs & close when in overall profit. Similar to pair trading.

mataf.net has additional info re correlation