Search results

Annual Return in %/ Max. DD in % Annual Return is: (ending equity - starting equity)/starting equity Max. DD is the largest: (peak daily equity - lowest daily equity after peak equity)/peak daily equity Ex. 100k account starting equity grows to 130k at end of year peak...

"We estimate that all equity funds had a $9.0 billion outflow during January, with US equity funds having net redemptions of $7.9 billion and global funds $1.1 billion. We also estimate that bond funds had an $8.5 billion inflow in January." The fish might be giving up. First time Jan...

Actually, the high was made at 11:07 ET. At 11:35, the ES was trading between 838.75 and 839.25. Dropped down to 836.25 at 12:16 and is now starting a run at the highs of the day.

Time to practice tough thinking. When nothings going right: Hang in there, baby. Keep fighting. Things will turn my way. Come on - I can do this!!! When fear has you by the throat and your drawdown feels like you're being sucked under: I love it! When faced with one frustrating...

It's only temptation if you're doing this and you don't want it to be part of your plan. I have multiple systems that I choose to front run, override, and pass on trades. I also do some pure discretionary trading outside of my systems. What I do is keep a log for every system; it's...

The guy who most influenced my trading was Vilar Kelly. Vilar was a cryptoanalyst during WWII. I happened to meet some people at the MTA's Market Wizards seminar thst knew him. A few days after I was back home, I got a invitation for a dinner party from one of the vendors at the seminar. I met...

I was a trader during the 87 crash, the last war, and other events. I don't plan on changing anything. Just my normal .5% risk per-position. Trading during the 87 crash was easy. It happened on a Monday and I had no positions going into it. I couldn't get up-to-date quotes so I just spent...

Thanks for the article. So he wasn't long the currency. He was long the stocks and got killed by a declining market + currency devaluation. Thank you very much!

I was looking for a little more detail. All I've been able to figure out was he was long the baht and his position was levereged 7:1. About the same as allocation of 30k per SP biggie contract. The currency was devalued by 7% by the government and his position lost 50% because of the leverage...

Anybody have a link to how he got in trouble with the Thai currency. All I've been able to find is some info. on his last gasp attempt with the SP puts gamble (which looks pretty dumb). http://www.derivativesstrategy.com/magazine/archive/2000/0800play.asp

The ORB is the average of the past 10 days smallest range from the open to the high or the open to the low. The idea is once this has been broken, then you're more likely to be trading the primary trend of the day. This is just the basic original calculation. Toby went into great depth on all...

Here's the code for Toby Crabel's ORB. Customize as your needs dictate. All it's best trades happen in the first 30 min. of the day:

The first test was using daily data with 5 min. bars for execution. After the poor results using the 15 min. bars, I didn't go on to the 5 min. bars. I'm sure it would only get worse.

And here's the intraday test using 15 min. bars. Just so I've got it right: buy the high of the previous 15 min. bar and sell the low of the previous 15 min. bar. Use 50% of the range of the previous bar as a stop. Exit any open positions on the close. At best, this looks like a...

And here is the results of the test using 70% of yesterday's range for the stop. Doesn't look very encouraging.

As I understand it, buy tomorrow at high of today or sell tomorrow at low of today. Use 50% or 70% of today's range as a stop loss point. Exit any open trades on the close. Here's the results of the idea using a 50% range for the stop from 1/1/96 - 6/30/2001. This is for the SP market. ES...

Yes, it's over 3.

I don't know how to solve your problem, but I do think you should probably give up trading until it's corrected. If your account is funded with risk capital and you're afraid of losing it, then you're not cut out for this. It's sort of like a poker player lining up his chips so he knows how much...

T Bills

This type of trading makes you...just another average, undiciplined trader. Part of the 80% watching their money float away.