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Wayne, You gotta make some money before you can give it away :D How do I switch off these email alerts, way too tempting to respond with these markets....

Why discuss things you could never implement? This is a garbage strategy, Wayne is optimizing his entries and position sizing based on MAE of the security. What he fails to incorporate is the path dependency of the MAE and the significant magnitude of them, especially in FX. If you optimize for...

Wayne, There are only two outcomes of an automated martingale strategy, position size is too small and you won't produce meaningful returns or you blow up. You will find this out when you go live which I encourage you to do, only way to learn. Then you will modify your system till you are...

Everyone's in the Hamptons or the Vineyard and I'm stuck for the next two weeks running the book, which is fairly mundane except for the open/close. Anyone in the city up for a drink, midtown area?

Wayne, Sorry my friend, this strategy has been discussed ad infinum, especially in FX circles exactly for the reasons you specify, leverage, microlots, commissions, etc. They've even taken it a step futher by combining non-correlated instruments. Trading too small and you won't make...

Wayne, Quickly took a read of your post. I will reread it later in the day when I have some more time but check out the forums on Oanda. This strategy has been discussed many times. People have tried to calculate an MAE where the position size and account could manage as they martingale into...

100% Profitable :) Took all of 5 mins too! All Trades Long Trades Short Trades Total Net Profit $1,391,354.00 $1,391,354.00 $0.00 Gross Profit $1,391,354.00 $1,391,354.00 $0.00 Gross Loss $0.00 $0.00 $0.00 Profit Factor n/a n/a n/a Roll Over Credit $87,147.00...

Wayne, Just from your description it would seem to me that you've stumbled upon what I would call 'market-making' where you are providing liquidity and being paid a premium because of it. These systems often have amazing backtests with 45 degree angle equity curves. Could this statement...

Wayne, Congrats on your excellent backtest and hope it performs as well for you. Unfortunately real-life is never so predictable, your exections will not match your backtest in a high-frequency system. If your using FOREX here are somethings to consider: 1) Backtests assume trade @ price =...

I don't disagree with anything you write however it is always surprising how far "overconfident idiocy " has gotten people in life let alone capital raising. Want to raise institutional money? Be prepared, be professional, do your homework and go for it, worse they can do is say no.

If your looking for institutional level investors then you must have a product that an institution will want. In essence you need to market it like Nike markets Jordans. Find your target and design around their needs. Most institutions have portfolio allocations so they will invest in you if...

Use limit orders and scale in, use appropriate starting price and retracement based on type of catalyst, movement, individual stock characteristics, etc. Simple yet deadly....

TA = Statistics in most cases. A Moving Average is a low-pass filter which eliminates noise and focuses on drift, Stochastic is high-pass that detrends data and focuses on noise. Time Series = Noise + Drift Noise is usually a mean-reverting process, Drift is trend-following. HF like...

lol, I am not discouraged, because every failed attempt is on step closer to success.

Buy monkey. Teach monkey to throw dart at boad. If monkey losses too much money, get new monkey. :) [Element of truth to this....]

They make everyone a VP after a few years, no big deal...IB's are more corpoate then one would think or imagine

Think I understand, one last example for clarification: I test 5x20 MA cross and find it statistically significant, and begin trading. I then later decide to optimize the parameters and find 7x20 yields a higher mean return. Since 5x20 is already significant, when analyzing 7x20 I can take it...

Lets say I chose an arbitrary rule. I would then perform test #1 to identify statistical signifgance. Lets say that this arbitrary rule, by luck, I find out later also happens to be the best optimized rule. Which method should be used? For example, I take an MA cross over, 5 x 20. I obtain a...

Just trying to reconcile something in my head regarding sample distributions as described in the book: 1) To test a 1 rule strategy for 'edge' or statistical significance over random, Aronson recommends using Monte Carlo or Bootstrap to estimate a sample distribution and compare your test to...

Yep it was simple, no '?' on the end.. "=test123|acct?id1?symbol" works......kinda, still to be seen how stable this it is. Where you cycle through the id #'s 1...n