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Yes. Yes. Currently <50k$ per position and always under 10% of account value. Exact max % will depend on a strategy.

For research I use RealTest. This is a strategies portfolio backtesting/research tool @mhparker created. For some unique stuff I'll just write something custom or get by with Google spreadsheets + data I collect myself. Local environment is Macbook with Parallels if I need to use Windows tools...

Hi Craig. There is some math and guesswork behind it which I am not willing to discuss here plus I know other traders using conceptually same method on larger accounts so it is also based on precedents. Val

Under 500k is optimal 0.5-2mil ok with some changes >5mil with more changes and increasingly more humble Risk/Return profile

+monthly after expenses including 2020 crash. Val

Before taking automation any further I always tried to make a business case for it. And unless I had a good idea of how much I will make extra or save vs time spent, in general, I won't do it. Occasionally I failed at that and just did things for fun. Automation has many milestones on a way...

Depends how long is long. An yes, this is not easy at all. Generally it helps to have good reasons not to be involved.

On most days I only look at 1 thing generated 2 hours after the close. Takes ~30 secs. It is not required, just a good hygiene. When broker or software is down, by the time I will see notification, normally, a pre-defined auto recovery routine kicks in and it is solved. Which happened in this...

Got email today from my execution software saying Broker is Down at 9:30 EST... I seriously thought market hit a circuit-breaker at the open. Connection auto-recovered after 1 minute but still. Was surprised to see SPY not doing anything too crazy and volatility even slightly lower around the...

I really enjoyed reading his books. They bring sense of clarity and inspiration. But as with many others - that feeling passes as you try to apply and figure out how much is missing and that you are likely looking at years of subscription for MarketSmith + chat rooms attempting to test it...

Lots of good answers but you probably want a practical examples from someone who actually does that. I personally wouldn't trade a strategy that has less than 1-5k trades on dailies per 5 year interval and survives multiple market types, to cover which you would need at least 4 of those...

Not sure if that is what he meant. Artificially maintaining same % invested in both sides will likely significantly reduce your potential returns and might expose you to unnecessary extra risk, unless they have same volatility and positive expectancy, which is unlikely at the same time. But test...

Yes and yes. One column is one strategy. Each has 100% allocation.

No worries. Combined is a sum of all strategies. RealTest offers a nice table view to examine this in details. Note that there will always be some discrepancy between this view and my live account. Source of diff is mainly Live vs model commissions Live positions carried over from previous...

Norgate EOD ~1k/year Cloud Infrastructure ~500$/y Backtesting software 400$/y

Feb was +14% month. Coincidentally, nearly identical to Feb last year but with less capital used and smaller positions, which is great. Some sort of fairy tale. All strategies made money. Timing couldn't have been better to withdraw for last year's taxes. Funny stats for this month...

As a supreme leader, you did a great job preparing your people for not eating longer.

It is very tempting until you go thru that cycle Market is not as predictable as the seasons. In the market there could be winter and summer and back to winter on the same day. In the example you given - let's say you turn it off on 10% DD, then wait for recovery, then back on, then it loses...

"significant" or not depends on what you are using it for and how large is trades sample used to compute that number. Since most people don't have good quality input to calculate those, it if pretty safe to say that regardless of use they will be insignificant. Statistical significance...

I've done it as well as few other people here, some already posted in this thread. My journal - Fully Automated Stocks Trading. I developed software myself and trust it enough to have it manage several hundred thousands $ USD. It does take time to build up confidence and work thru edge case...