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    getting serious: wealth-lab vs amibroker

    Interesting comment,and so very true regarding most programs.. As a discretionary trader who believes in a systematic approach to trading,I have never recieved the proper return on investment regarding the complex stuff...
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    One of the reasons I like Position Trading

    I think you are just explaining that Volatilty increases with the square root of time,and it is NOT an linear relationship..Very good point.. I get the strong impression that very few of the posters have compared sytem returns on dailys versus intraday data.I would suggest it is worth ones...
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    Position sizing

    Sorry,no hostility was intended,but I do think Mike was way too judgemental and whether someone trades for a living or not,really isnt at the crux of the matter..Moving on.... We need to get past the bickering and try to make this a more meaningful learning experience.there have been many...
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    Position sizing

    there is no doubt a trader must take into account all the other consdierations you brought up,but i don think 1-2.5% is such a bad starting point.It's very easy to analyse..BUT It cant be a very meaningful discussion until you define "trading success".... And your next topic will probably...
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    Position sizing

    Gotha..The poster originally stopped himself down .20.I was wondering how you came up with 80 for the stop
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    Position sizing

    I dont see how you can say the 2% rule is crap,and to be honest i am not sure which case you are arguing..more or less...or just not any hard coded number.. On one hand you argue that correlation goes to 1 in a dislocation,yet you also feel its prudent to put the pedal to the metal and...
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    Position sizing

    STOP!!!!!!!!!!!!!!!! Let me interrupt this dick swinging contest for a moment before you guys cross swords.... The account is 100K .20 is your stop..I assume thats 20 cents,or a 99.80 stop Risk is 2% of capital = $2000 Risk/stop=$2000/.20 or 10,000 shares Am I correct that you guys...
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    programmable backtesting software

    Definetly take a look at Traders Studio....
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    Position sizing

    I do hope you are talking about intraday trading and not position trading. I would strongly suggest one look at the correaltion of the returns generated across the portfolio before doubling up at maximum pain thresholds. Or do you unequivically state doubling up is a prudent approach to...
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    Advanced GET

    Since you work at Signal,how about asking the powers that be not to rip our faces off on upgrades.. I had ADVget with TradingTechniques and never payed for an upgrade... $795 for an upgrade???
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    Advanced GET

    Since you work at Signal,how about asking the powers that be not to rip our faces off on upgrades.. I had ADVget with TradingTechniques and never payed for an upgrade.. Now that E Signal is in, you guys want $795 for an upgrade to Dashboard??? I have a better idea..Design a backtester...
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    Anyone else think Elliot Wave is a bunch of hooey?

    I think you will find that most successful Elliot surfers employ various technical comfirmations before they stand up and ride the wave.... For instance,on a wave two pullback of some fibonacci proportion,I would guess that most EWavers may take a small peak at a stochastic or RSI before...
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    Anyone else think Elliot Wave is a bunch of hooey?

    I call..... If you are a pure Elliotician,I would like to see your accuracy. And you are more than welcome to use any if Adv Gets prediction tools.... Ready when you are
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    Anyone else think Elliot Wave is a bunch of hooey?

    Lets face it,Dow Theory,Alan Andrews work and the Elliot wave are all predicated on some sort of wave theory.I think most of us are in agreement that the market moves in a wave like structure Some of the time.It would also be true that trend followers suscribe to this theory as well,since they...
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    Anyone else think Elliot Wave is a bunch of hooey?

    If i am not mistaken,there is a very good read called "How I lost $1,000,000 trading commodities"..In the first chapter,the author lists 10 trading rules that we have all heard,yet appear to contradict one another...he also makes the point that one may enter a traded based on...
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    Anyone else think Elliot Wave is a bunch of hooey?

    "Elliot Wave" ,when combined with money management, proper position size algorithms applied and basic technical systems(MACD,MA,Stochastic) will perform well...And like it or not,if you are trading equities,High RS and fundamentals will certainly help your cause. But the same can be said for...
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    Wanting to start a systematic trading approach

    No disrespect to anyone,but I can not see how you could reccomend to anyone starting out in trading to develop their code in Excel... First of all,you can buy excellent software products for $500 or less.In my mind,that is money well spent.And to write that people who reccomend you buy...
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    Value of Backtesting and Stops

    For example if we have a histogram of returns with one peak at, let's say, +$1000 and one at -$1000, it doesn't follow that by setting a stop somewhere around, let's say, -$500, we will increase the expectancy of the system, as far as I can see - the price paths are hidden in histograms which...
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    Value of Backtesting and Stops

    If i am not mistaken that would be apx 100% returns unless you are factoring in compounding... none the less,outstanding
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    Wanting to start a systematic trading approach

    Why reinvent the wheel ,unless you are a very very talented programmer,and feel you can build a better wheel?? Save yourself the TIME and aggravation and purchase a system backtester that is on the market.. Start with Traders Studio,Wealth Lab,AmiBroker or Neoticker.They are all excellent...
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