Search results

  1. I

    Challenge: Real or Fake?

    What is the point? You can make money with random and you can make money with fake.
  2. I

    Best momentum/trend following strategy/strategies book/article/research paper in market?

    You have a valid point here. I am also concerned about the momentum premium going up in smokes. Many people will get hurt. I am also concerned that this could be the result of many people chasing a momentum premium as it is happening now. At the same time, how do you propose to compete with the...
  3. I

    My goal is to make at least 30% per month

    Nothing of this sort last long. For how long did he profit and did he lose it back after a while? Need more info. There are always exceptions and luckier traders.
  4. I

    My goal is to make at least 30% per month

    You cannot answer a question with another question. But nowadays there are no more so many losers left that someone can profit 30% month. Market is filled with algos, pros and a few surviving retail traders who know how to trade and risk. Idiots meet ruin in a few days and market is fast with...
  5. I

    The extreme danger lurking in your trading software

    Simple mean reversion strats perform nicely in last 15 years. Don't get distracted by academic types.
  6. I

    AAPL

    LOL. I hope no one is short this stock, up something like 7% after hours.
  7. I

    Backtesting ideas?

    I've just finished reading it. I have read about 30 books on the subject of trading. This guy knows his stuff. Best book I've read in a long time.
  8. I

    My goal is to make at least 30% per month

    Why only $1 million. You could start with $100B. It's free - and absolutely misleading. Paper account is for learning to work with platform and placing trades. Paper account will not evaluate a method. Think who is going to lose 30% a month so you can profit. Do you think there are so many...
  9. I

    Limitations of Quantitative Claims About Trading Strategy Evaluation

    I thought Van Tharp has admitted he has never traded? Can anyone else confirm this? Do you want to take advice form someone who has never actually used his methods in trading? Position sizing is an overrated conundrum. It is actually really simple. You do not need fanciness. You can ask...
  10. I

    RSI vs Wilder's RSI Calculation

    The Harris RSI is also interesting. Has anyone looked into that? This guy knows his stuff. His Price Action Lab software is considered an edge by pros in MultiCharts forum.
  11. I

    System Metrics Evaluation

    People need to understand that only metrics based on real performance count. One can easily cheat both IS and OOS performance with repeated backtests. Those links were pretty good info.
  12. I

    System Metrics Evaluation

    Bootstrap is not useful in ML. It can be distorted by bias.
  13. I

    Central Limit Theorem & Trading

    The problem is not knowing the distribution; it is fat tails and black swans that kill profit and cause ruin. The probability of such events is much higher than that predicted by normal.
  14. I

    Making Money is Easy

    "Its based on what I perceive as a systemic miss-pricing of options." There is no such thing. Someone with a PhD a few years ago used an option strategy, equity was straight up for three years and then lost it all in a few months.
  15. I

    How do you cut losses?

    The dilemma will be present until you probably lose everything. This is no way to trade. No modern trader rationalizes trades and setups. Everything is automatic. The rush is in using more effectively machine learning to develop robust algos. No investment no gains. Can you win an F-1 race...
  16. I

    Soros goes bearish on stocks - bullish on gold.

    Do not believe anyone in this business. Above all Soros knows this is zero-sum game.
  17. I

    What is the difference between traders using TA and tapereading?

    Both methods you mention ed are limited and do not represent viable alternatives. Modern traders use quant tools. If you want to compete in quant trading world you must get away from old methods and get some advanced tools. Take a look at this blog to see how some quant traders estimate...
  18. I

    100 % wins over 240 days

    All the simulated result in the world worth less that one cent.
  19. I

    100 % wins over 240 days

    Being honest is one thing. Being silly is another.
  20. I

    GBM source code in C++ for generating time-series

    Why generating random data like this and not using data from any random stock in Russell 2000?
Back
Top