Search results

So, all the separate systems/algorithms and the tests that tell you when to switch from one to another taken together form ONE system. I'm suggesting you test THAT system over 20 years' data.

Spot on, markets change all the time. This month the nikkei index could start behaving the way zinc or crude oil did in May 1986. No one knows for sure. That's why systems have to work over a very long period of time. Tell me, how will you know when to switch to your 'new' system when markets...

Very interesting thread so far. Good luck, LoLa, in all your endeavours to become independent. However, as a retail trader paying brokerage and slippage your opportunity to develop a reliable edge - which I would define as a decent expected return *WITH LOW VARIANCE* backtested over at least...

Anyone who has developed a worthwhile, robust trading system would in my opinion try to manage both HIS OWN and other people's money with it. He'd put some effort into starting and marketing his own fund rather than just try to flog the code. What would I need to know to decide whether the...

I fail to see what the problem is. If you blow up at any point then you're finished, out of the game, kaputt.. If you turn $1 000 into $0 or $10 000 000 into $0 then by definition you cannot proceed with your trading beyond that point. You're probably suggesting that if you start with $1000...

IMO this is the most logical way to rank trading success: 1. Make a list of everyone who has been trading for at least 10 years regardless of fund size 2. Remove anyone who has blown up even once from that list. Blowing up means losing >= 100% of one's funds or such a high proportion that...

But the assertive and acquisitive people may end up being the greatest philanthropists. I believe capitalism and good deeds are perfectly compatible. At the simplest level, greed drives capitalism. But remember, greed itself is complex - it's not just about money but also power, justice...

Does he post on ET? :) I think most people would rather be rich than classy. You can't buy good taste, just absolutely everything else.. BLSH - are you going to tell us where this bar is? Or, would we already know if we could afford it? ;)

Err.. with the sort of sums we're talking about here, (super)model basically means high priced ho

Interesting how NEasterners and Midwesterners predominate. Although the original, PTJ, is a Southerner.