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  1. Statistical Trader

    Confused...Moving Averages and outside market hours data

    I'm a systematic trader and so when I'm faced with this type of question I just go and test it. How does my model do with RTH only, how does it do with RTH+extended and, if there are differences, I dig deeper. I stick to RTH for most of my models, but not all of them. I have one that trades...
  2. Statistical Trader

    What do wealthy people google that average people don't?

    Well, let me just tell you what I google and you'll have your answer! ;) It doesn't mean you'll necessarily be able to infer my net worth, but I just googled: "what do wealthy people google?" And boom! More internet entertainment than I have time for, lol...
  3. Statistical Trader

    Searching Indicator for Small Gains

    It's kind of you to include this information, @Jakobsberg. I WILL back test it, thank you, and if it passes the back test, I will run other tests too to avoid the risk that the strategy was over-parameterized. I'm just wondering what date your back test on this strategy starts. There is VIX...
  4. Statistical Trader

    ever heard of a trader named Alex Antoniou

    Quotes from the twitter link Maverick1 provided above: "Founder of the Unique "Theory of Eight". The seminar that teaches you the EXACT Price & Time levels. This is what you need to know !" "Very happy to have completed the first 1000 orders in 5 trading days with a profit of +32.6% and a...
  5. Statistical Trader

    Doing the math

    This seems pretty straight forward. Am I missing something here??! If you take 35% of the profit, then you take 35% * 15K = $5,250 and that leaves $9,750 of profit to be split among the three investors: Investor A owns 5K / (200K+50K+5K) which is 5/255 = 1.96% 1.96% * $9,750 = $191.18 profit...
  6. Statistical Trader

    Those that poopood on moving averages, thoughts on this?

    Without having read all the details from The Encyclopedia of Market Indicators that your link references, I'm guessing he simply backtested from 1900 to 2001 without using an out-of sample test period. That is to say, he may have just taken a whole bunch of market indicators, ran them on that...
  7. Statistical Trader

    which moving avgs do most traders use?

    My live trading results match the results from the analysis. Robust statistical analysis usually give live trading results that match the results from the analysis. For example, there are techniques for estimating the maximum future loss (and this estimate will exceed the maximum historical...
  8. Statistical Trader

    which moving avgs do most traders use?

    I'll echo a lot of the comments already made above. Many years ago, when I was first getting into trading, I did a lot of testing using moving averages, including moving average crossover systems. I discovered a few interesting things along the way that propelled me to learn more about the...
  9. Statistical Trader

    Is there any book about how dealer's daily operation looks like?

    *Obviously* he means drug dealers... ;p You might be interested in "Trading & Exchanges: Market Microstructure for Practitioners" by Larry Harris. In particular, I think Ch 13-15 might be of interest to you: "This part of the book examines how and why traders supply liquidity to other...
  10. Statistical Trader

    What do you use to elevate your desktop off the floor?

    Stacks of cash from trading profits.
  11. Statistical Trader

    Over-contribution to RRSP

    Could you please name the court cases you read that suggest you can trade within an RRSP, as you put it? I would like to read them. Thank-you kindly.
  12. Statistical Trader

    Question about Trading Retests (examples)

    It makes perfect sense! Go grab another coffee, ajcrshr. ;) There's nothing wrong with the trading platform, harami. The retest on the 15 minute chart occurs within the same bar as the breakout (the second last one) in the 60 minute chart. That is to say, the second last bar in the 60...
  13. Statistical Trader

    options trading in IB Canada RRSP and TFSA accounts

    Right...and just to clarify, this is because of tax laws regarding RSP and TFSA accounts, not IB per se. Selling options is generally not allowed in these accounts, irrespective of the broker (with the exception of covered calls, I believe, as OP mentions). Shorting equities is also not...
  14. Statistical Trader

    Why am I doing better in the afternoon?

    Just a friendly reminder of the value of a trading journal, whether online, offline or paper and pencil. Even if you've figured out what's going on for you right now, this practice will serve you well in the future as well. Include any variable that you think might be relevant: how you're...
  15. Statistical Trader

    Weird option strategies

    It depends on how you want to account for risk so as to compare apples to apples, of course. If you use the Sharpe ratio to adjust returns for "risk" (in quotations because the standard deviation of PL only approximately and incompletely captures the essence of risk in my opinion) then if I...
  16. Statistical Trader

    Weird option strategies

    I'm not sure if that was directed at me, but of course what you're saying is compatible with what I'm saying. Non-directional (price) strategies would typically fall under the category of strategies for which you have an opinion as to the future direction of volatility (relative to implied...
  17. Statistical Trader

    Weird option strategies

    Options "strategies" (eg iron condor) are not out-of-the-box trading strategies. Employing any options strategy repeatedly "for no reason" will be a loser over the long term, provided the options are priced efficiently by market makers (which is virtually all the time). If I just constantly...
  18. Statistical Trader

    Small Fun Game: Can You Guess this Chart?

    Palindrome *would* say that considering his name! (Just a joke.)
  19. Statistical Trader

    Book

    Trade Chart Patterns Like The Pros: Specific Trading Techniques, Suri Duddella http://www.books.mec.biz/downloads/Trade_Chart_Patterns_Like_the_Pros/MjkzMTUyOTc3 This book covers all patterns you mention by name. See Chapters 10 and 11. NB: I've never read it and know nothing about its quality.
  20. Statistical Trader

    The Debate

    https://tippie.biz.uiowa.edu/iem/markets/pres16.html Odds are roughly 5:1 in favour of Clinton in the winner takes all market. I don't know anything about the bid/ask spread or market depth for this market. Maximum amount you can bet is $500. There are probably other elections markets out...
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