Search results

...thanks for sharing that valuable experience. I correspond with a trader who has automated trading with TS and he told me thought he was getting excessive slippage on ES market orders. I watch my NQ market order slippage at IB like a hawk and get near theoretical. You have any relevant...

..now that is interesting. If my brain had another half maybe I could put it to work on ES. Do you typically have trades on in both simultaneously? Even if so, I am surprised (easily, unfortunately) that you put on so many trades a day. I only trade the AM (sadly, hafta work to feed the habit)...

Re IB, I went to the combination of E-Signal for charting/backtesting and IB for brokerage because the overwhelming majority of successful traders whom I corresponded with recommended that. Trading can be automated between the two using third party SW until E-Signal gets around to full...

...OT, could you please share any observations you'd care to on the quality of automated execution at TS? I am stubbornly hanging on to E-Signal until they get around to automating to IB, but I won't wait forever. TIA. - Mike

...how true all that is. I came to regard TA with the same distaste as the pattern of capillaries on a fat old drunk's nose (came from too much looking in the mirror). Ain't nothin' on my charts but entry tripwires, reverses, and profit targets. Re limiting the issues you trade, unless you...

FWIW, I closed out a rollover IRA I was trading actively at Fido three years ago because the connectivity was poor, the fills were slow and the slippage was terrible. Why anybody would use Fido is beyond me when there are so many other web brokers out there. Even Datek (now Ameritrade) was...

Three years ago I attended a presentation by Mr. Deel made to the Dallas Association for Technical Analysis. He is a very articulate presenter. He exemplifies in his conduct and demeanor the non-trading-related personal principles which he espouses. He keeps his trading methods simple. He is a...

...Never wrassle with a pig. The pig likes it too much.

...the younger generation is so perverse. When I suggested having someone over, I was thinking of a poetry reading or French lessons. The following suggestion is a bit off the wall, but it does accomplish the desired result. I find that if I kill two bottles of not too cheap California...

...sorry to be so dense. Now I get it. In my experience that is excellent. The system I currently trade yields only about 1.1 to 1, but I trade it anyway because it trades 3 days out of 4 and nets more than competing systems which have an R/R of about 2 but trade 1/3 as often. In making a...

...I trade from California, up at 5:00, make breakfast, set up the software, ready for the 6:30 open. Here are some suggestions: - while you are building up those longer term positions, scalp futures just for fun and small profits, if necessary in another index than the one you longer term...

..I believe another way to express what you said about Boolean algebra is that a fuzzy logic approach works in the markets: if this greater than that, and not the other greater than yet another, etc.

...IMO there is a fundamental flaw in backtesting a strategy on individual stocks. Given the crookedness of the system (specialist/MM games, insider trading, price manipulation, hidden criminal activity, concealed financial events, ad nauseam), it is optimistic to think that a probabilistic...

...thanks. If I am doing the algebra right, your expression for expectancy boils down to [(1-%Win)*avgLoss + %Win*avgWin]/avgLoss, which is expectancy per trade/average loss, or reward/risk. Therefore I think you mean your "2" to apply to R/R, as trades per year times expectancy per...

Personally I prefer to use the last drawdown divided into the profit run which preceded it.

Traded small orders with IB for two years. Currently trading futures one order every day. Market orders only. Never a problem with excessive slippage (I get slightly better than theoretical slippage). Never an accounting problem. Consequently have no experience with customer support. The low...

...thanks for replying. By "opportunity" do you mean the fraction of allowed trade times which result in trades? E.g., for a daily system, three trades per week produces 0.6 opportunity? Is the value 2 for expectancy the number of points? NQ or ES? Sorry, I think in dollars per month per...

...I have found that stops and targets (and sometimes reverses) will improve a system 10-20%. Without getting into specifics, are your systems which are "good to begin with" already yielding >=60% accuracy? How many rules are already in the system before you try to optimize it? Is there a...

...thenks for your replies. Compared to the wisdom in Grob109's post above, anything I say clearly is beginnerish. However, I have been backtesting with ESignal for a couple of years and think I know the pitfalls (and pratfalls) of that. I think it is axiomatic that if you are backtesting...

...that was very generous of you to compose such a thorough answer. To read it was a humbling experience. It is very much like reading about the standard progression of meditation practice when you are still struggling to attain the "access" level. Many thanks. - Mike