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  1. M

    Trading Lessons/Insights From Coin Flipping

    Mike, Great minds think alike. I've actually broken the day down to 15min intervals and there are times of day where the 5dma or other filters work better than others--namely the first 30-45min. Here is a plot of 5dma for the entire day. Red line is below, blue line is above. Both...
  2. M

    Trading Lessons/Insights From Coin Flipping

    WJ, I thought of N1 = 50 as well, but then it does become a coin-toss game, which is what we are after, but why even pick two numbers then. You can just pick a single # and ask if it is higher or lower. The second number, to me, makes the game incomperable to a coin flip game. I am also...
  3. M

    Trading Lessons/Insights From Coin Flipping

    My current system is purely noise, I've decided. It celebrated its first full year of live implementation and came out 126 wins, 125 losses with avg win of $288 and avg loss of $290. About as zero-sum as can be done. The system uses front month NQ contract and the 5dma of 4pm close. If...
  4. M

    Trading Lessons/Insights From Coin Flipping

    I don't see this game as a coin flip, maybe it is just me, only because of the two-human aspect. Say I am picking the numbers and pick 1, 2. I tell you, the guesser, '2'. Logically you will say higher as ~97% of the time you would be right. But because I am human, slightly sneaky, and I want...
  5. M

    Trading Lessons/Insights From Coin Flipping

    I too have pondered coin flipping as my current 'system' is basically a coin flip. I enter long/short at the open and exit the position at the close. I use a simple criterion to determine system direction. It runs basically 50-50, hence, the thinking about coin flipping. There was a great...
  6. M

    Congrats to my buddy Aaron at Schindler Trading up over 13% in July....

    Shhhh...Don't tell Aaron's investors they can open a Fidelity account and can trade EAFE EFT commission free. http://finance.yahoo.com/q?s=efa http://personal.fidelity.com/products/trading/What_You_Can_Trade/WYCT_ETFs.shtml.cvsr But guess they have so much money, they don't care...
  7. M

    Congrats to my buddy Aaron at Schindler Trading up over 13% in July....

    And that's why people don't trust the industry. He is hired to do exactly what a 2 year old could do by just buying the index (mutual fund or ETF). Real traders (myself not included) focus on absolute returns, that's all that matters. Percentages are for academics and aspiring traders...
  8. M

    A 70k bet that I can't make a 50% gain in 2009

    SLF = Special Lady Friend, a unique creature of the night Geez collected like GI Joe dolls. Last count was 4 or 5, or 20. I don't remember. It was ironic Geez posted as I had just finished reading all 300+ pages in a 24 hour period a few days back, and missed both his insight, abilities...
  9. M

    A 70k bet that I can't make a 50% gain in 2009

    Gilmore Girls??? Must've knocked up one of those SLF's...
  10. M

    Recommended VPS solution...

    I run NT with Trading Tech feed using VPS Land. Given I trade futures, not equities, I usually have 9-12 streaming quotes, along with 3 simultaneous strategies and a dozen charts. Only 1 full server reset in the past 4 months. Steady, fast, cheap. Just my two cents and it works for me...
  11. M

    Capital for futures trading?

    TOS simulator has the most unrealistic fills ever. I nearly blew an account thinking I had a nicely profitable system based on TOS simulator trades. TOS missed huge with respect to fills, prices, and the time from order sent to order filled. It was a joke. Three months later and I am finally...
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