Search results

There are several reasons, some not considered, besides the decrease in active traders: 1. Many people realized that most of TA is crap. They gave up because they cannot understand the part of the TA that works. 2. Too many scammers promising high returns through courses, books, black boxes...

Good, algo trading is cool.

If you are not doing any forward looking then it is good. But the equity curve points to some forward looking aspect. If not, great!

One of the best statements I have read in ET. As far as identifying a trend, I use the 20-100 ma crossover. If you are a long term investor, you can even use a 50-700 crossover. It all depends on the time horizon. Talking abaout trend is like talking about food you like.

Very good blog with backtest of Friday's gap up action in SPY. Summary is that this pattern has made profits in the long side after the 2009 bottom but longer-term it lacks significance. My guess is the market will go lower in the next 10 days for about 3%.

The Fed is your friend:) Best strategy.

For short term trading you can use a simpler broker platform and backtest in something like Amibroker or Multicharts without paying a fee.

Maybe only for a while intuit non strationarity kicks in.

Actually this is what I did: tried to help. Why do you think that looking at charts can make any money. My grandma can look at charts. If you think you can make money with charts, then you have an ago problem. All chart traders I know have gone bust. To trade you need a good algo. So because...

Why would anyone want to backtest in a public platform instead of getting something like Amibroker and doing it for own benefit? Unless I am missing something.

Draghi is full of it. he never printed a single euro as the French finance minister said the other day. He is jus pumping stock markets up. Calls for Dow 20.000 started: http://finance.yahoo.com/news/dow-20-000-and-how-we-ll-get-there-205733692.html

Why don't you just use 2% of equity? It is still fixed fractional but based on equity not on initial bankroll. "as the account equity M increases due to accumulated trading profits, the position size N also increases proportionally. The reverse happens when the account equity decreases. Thus...

So how do you guys make money from simple charts? Does someone pay you to look at charts? :)

Why? because they back-test some idea, get 10 trades and publish the results. The funny thing is that they consider themselves quants when in fact they are fools.

Forex traders are doomed. It is a losing game. Wake up. http://www.elitetrader.com/et/index.php?threads/fx-scam.285322/

No edge lasts more than a few months. Keep walking...

http://qusma.com/ No frequent blogs but good http://dekalogblog.blogspot.gr/ Good blog using R http://www.priceactionlab.com/Blog/ frequent posts, good premium service Note that some bloggers claim to be quants but they are in reality statistical fools using backtesting.

$42 million question.

You mean in real trading because in backtests all curve-fitted systems have high Sharpe ratio. If you are trading for a year you need a Sharpe above 2.5 to be sure. The more you trade the less the ratio can be but not less than 1.

Am I right that there is some confusion here regarding the use of the terms sample and population? I think a sample is what you get from backtests. Population is what defines the actual distribution of your system returns. I think someone else before also mixed up those...