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    Kelly for traders

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    Kelly formula

    Yes, a baseline is needed. Apart from this, I believe trades have to be grouped until a trend emerges where each group tends to have a regular sort of amount at risk, eg 6% at risk for an entire bundle of trades. One way or another, I believe Kelly requires the user to specify how much is at...
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    Kelly formula

    I believe the correct answer is (b). Kelly was derived with stakes where the entire amount would be won or lost. Also, the amount to expose in itself does not mean anything unless it's connected to an amount at risk, as in answer (b).
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    IB's new statement format

    I personally prefer the new format and anything IB can do to simplify statements
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    Trade bust on March Sugar

    I got a 'trade bust' on March 08 Sugar. I placed a limit at 10.28, it opened at this price. Then IB sent back a message saying the trade was "busted" , it was the action of the exchange NYBOT because the price was "out of range", and trades at this price are cancelled. This occurred...
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    Kelly formula

    Regarding the “Kelly formula” which indicates the amount to stake, given the win/loss ratio and win probability, is there anyone familiar with or using this? It seems it has a major flaw, because for trading stocks, it may not be known ahead of time the amount which is at stake, a win or...
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    IB order didn't execute

    I appreciate all the feedback, it's difficult to size up the situation otherwise.
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    IB order didn't execute

    Hello, I have a situation where a futures contract did not execute. It was placed for “Market at Open”. The order was accepted but the order was cancelled directly before the market opened. IB have contacted the exchange and are looking into it. Assuming the best intentions on the...
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    Looking for advice on European futures trading

    Is there a good source of intra day data for the Euro Indexs? Any help appreciated
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    Single Stock Futures

    Hello I have been using SSFs lately, and notice the margin seems to be about only 15% (on IB) yet I read on the SSF exchange site that they require a 20% margin. Also, it does not seem possible to enter a limit price, it only seems to trade at the market price. Does anyone have any...
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    Shorting Stocks

    Does shorting stocks depend on the broker? I understand stocks aren't always automatically available for shorting, that a broker has to check to make sure they can be shorted before executing the trade. Well, does that mean some brokers can short a stock an other brokers can not? I tried...
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    IB Tutorial

    Hi pcgeek Yes, OEC are superb and an example of clear statements. Though, I trade stocks as well as futures. OEC is an example of how I go to another broker wherever possible. There are valid questions to be asked about the IB statements, I've phoned and emailed dozens of times over a year.
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    support or resistance

    I'm using this type of information at the moment, it's simple but has made quite an improvement.
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    IB Tutorial

    Tums, The answer is good. Generally, I do not use them. I go to alot of expense and trouble to trade elsewhere but the TWS is excellent and I can't find anything to replace it for some trades, I've looked at alternatives like Cybertrader. It's just the accounts section that is difficult...
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    IB Tutorial

    IB Traders: I need to consult by telephone on how IB presents its Account information, I need clear advice in a simple manner to find out what the profit, the balance and the margin is. The information on their website is not meaningful to me and nor is their helpline.
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    Which ECN to use?

    Hi Batman What is a "specialist" ? Are they seperate firms, or brokers or trading platforms, any informations appreciated.
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    support or resistance

    Hi Agreed. I would be using the support and res. levels merely to complement an existing trading method.
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    support or resistance

    Hi That seems good advice, any comments about other issues like the rising trendlines or the chart patterns like double tops, H&S and so on?
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    support or resistance

    Hi Are there any reliable sources for the support and resistance levels on the major indices? Or, even just the European ones. It seems a fairly basic need, yet I can't find much information on the topic. Any comments would be appreciated.
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    Questrade?

    Hi I've traded with them for 3 years and I like them, as it's simple to use and they are helpful. Though RunningOnEmptys comment about the personal info given away is probably valid. I did encounter a problem once where a trade 'disappeared' though they fixed when I phoned, though only...
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