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    Kelly sizing...

    Hey guys, I also don't like R Vince's refusal to answer specific questions a couple of posters asked but I can understand his points and where he is coming from. He is basically saying amongst other things that Kelly can cause ruin. This is true because Kelly involves stochastic components. R...
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    Probability of success due to chance alone?

    This is the guy that tried to get a trademark for "position sizing" and "system quality number". Here it is for your laughs: http://www.tradingblox.com/forum/viewtopic.php?p=32570 His methods are for losers.
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    The Most Underestimated Risk In Trading

    Going crazy and risking it all for quick riches
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    Free ETF analyis

    Only last week he made 3 consecutive profitable calls. I would prefer to have his p-indicator in tradestation or metastock or in some other charting program rather than stand-alone because that way it is more efficient to run it. I too think his indicator is interesting.
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    Adaptive Trading Strategies

    This author wrote an article in AT where he confuses cointegration with corellation for pairs trading http://www.activetradermag.com/index.php/c/Trading_Strategies/d/Trading_correlation He also thinks that an R of 0.85 between a stock and an ETF means that the ETF is the sun and the stock...
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    `Black Swan' Author Says Investors Should Sue Nobel for Crisis

    These are typical marketing methods for selling more of his books. His statements are vague and meaningless.
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    Probability of success due to chance alone?

    So if you roll a 6,6,6, you would place a trade in the sixth hour, at the 66 minute mark. What about a 6,6,1, or a 6,6,5? You certainly thought of that too in the bathroom...
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    Why do you believe in such things as wedges, triangles and inverted whatevers...

    Classical TA generates too many false signals. In itself it cannot generate high enough win rates and profit factors to cover commission costs. This has been debated for a long time. What you are missing is that TA is just another tool to use. If you spot a nicely formed flag and at the same...
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    Kelly sizing...

    I think you are too generous. It can get you broke in the short run like %Kelly. IMO the key to profitable trading is not how to allocate optimally to one instrument but how to use the lowest possible allocation to trade a number of uncorrelated instruments. It is math. If you are trading a...
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    Free ETF analyis

    I followed Harris' call yesterday for a correction and made some money. His method of analyzing price action is nothing like I have seen before. Although there is room for subjectivity, like in all types of analysis, there are occassions when the signals are strong enough to eliminate any and...
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    Trading Lessons/Insights From Coin Flipping

    Whathafuc*? You're not well buddy. I'm saying you're not well. A while ago Bill and Mike had a dispute over the results of a certain program. Mike accused Bill of not presenting any results or of the results being wrong. I volunteered to help, I downloaded the program demo and tested a few...
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    Trading Lessons/Insights From Coin Flipping

    Sure, but it seems you are a clueless individual. No,you are wrong, flat wrong. This is for R:R equal to unity only. Real trading, not your coin flipping fantasies, is described by a completely different formula PF = R x (1-win%)/win% You are clueless. It means that with a proper R...
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    Trading Lessons/Insights From Coin Flipping

    Masterjaz, Mike805, tradingjournals, JScott, just a warning to you, you should not trade, although I think you haven't for a long time, because you do not understand what trading is and how it differs from probabilist experiments with two equal likely outcomes. Especially as JScott...
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    Bucket-Shop Bandit Strategy

    Yep, enough for today.
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    How do you backtest algos?

    You don't give up, do you? You cannot backtest participant interactions. Forget it. You can simulate them. Learn the difference. Simulation won't help you. Too wide variations.
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    Best way to protect Add-on Software?

    Good question with a short answer: there is no secure way to protect software. hackers are one step ahead. They can break everything, most add-ons in 5 minutes.
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    NASA Discovers 700 new planets - 140 similar to Earth

    Why do people talk about things they do not understand? I lost all respect about you Mike805. I think you are a crank. If you say such things I really have to seriously reconsider everything else you have said. You need to understand Relativity Mike. Length contraction and time dilation are...
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    BackTesting vs WalkForward

    Retail brokers do not understand back/forward testing. They are marketing departments and all they know well is how to trick you into giving them your money using any buzzword they can think of. You do not understand backtesting if you are comparing it to forward testing.
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    What indicators do big-time professional futures traders use?

    One of the most interesting indicators I have ever come across http://www.elitetrader.com/vb/showthread.php?s=&postid=2922709#post2922709
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    Mac trading software

    Thanks for the info.
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