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As all countries expand their money supplies for the short-term advantage of their governments, more global nominal wealth is created, all looking for a place to park: stocks, bonds, metals, currencies, cryptocurrencies. (That a lot of parking is going on is another way of saying that the...

I worked out a spreadsheet that computes (and charts) my Internal Rate of Return. I update it monthly. The trick was accounting for additions to and subtractions from my accounts. For example, when I take money out to pay my income tax, that shouldn't count against my pre-tax IRR. Not being an...

My stop losses are the average of three common ways people calculate stop losses. I use an average because I see no advantage of one over another so an average seems best. The three calculations are 1) that price wherein I will have lost a certain percentage of a) the price when I entered or b)...

This thread has helped me firm up some of my system rules. The "by feel" zone is smaller. Also, reading "The Way of The Turtle" by Curtis Faith has helped in that I am now moving toward a position sizing rule whereby each trade has an equal risk ((purchase price minus stop loss price)x number of...

Lots of good comments. Yes, my system still has discretionary components so I can't mechanize it yet. Most important is that it scores potential investments by various weighted measures, including trend strength and value, but it has no minimum score, no definite trigger. My policy has been to...

I don't exceed certain position sizing rules I've come across in the literature but I haven't settled upon a mathematical way to determine the exact amount. I need to change that. But back to my present purpose, would anyone recommend a trading code writer suitable to my needs? I understand they...

I've been trading this system discretionarily for a year and have done well. (So has the IRS, unfortunately.) I'm willing to invest in it. In this forum I have tried to discuss it but it is too different for other people to be interested in. It is complicated due to the number and disparity of...

My wife is an unemployed code developer, busy with our kids but willing to help. Unfortunately she knows nothing about trading. She may be part of the solution. My platform is ThinkOrSwim.

My system for the past year is unusual and complicated. It is a big spreadsheet with columns deriving from various aspects of the equity price histories, arbitrary weights as to the importance of those columns, and quantified entry/exit “instructions”. I make decisions manually by reading from...

Having watched it I still can't tell to what extent the inequity the IEX tries to fix affects me. I probably can't do anything about it anyway.

If you say so.

Here is something I haven't come across in the literature I've read. The question is, how to define global wealth, what determines global wealth, and what is the nature of its volatility? First some explanation. Wealth consists of money plus the value of assets, calculated so as to avoid...

I'm working less hard now. My foundation has solidified. I am just following my method, tuning in to it, polishing it here and there, improving my sense of the relative importance of things. Gaining new experience in the unfolding history of the world's markets, where everything has happened...

I had a bad September (worst year of the year for stocks), good Oct., bad Nov.

Considering stop orders forces you to conceptualize the "market maker." I view it a black box consisting of many computers with many smart people behind them. Is it better to maintain stop orders or exit manually when your method says to do so? Most stop order fulfilments are disadvantageous...

The common measure for a stock's or ETF's volatility is its trailing 3-year standard deviation. For smoothness you want a low number.

The stock exchanges of Russia, Brazil, and Poland; European financials; producers of coal, natural gas, copper, steel, uranium, and nickel; silver and oil as commodities.

I am an American and I hold ERUS, an ETF that mimics the overall Russian stock exchange. I like it because 1) the Russian market is at a very low price to earnings ratio, perhaps lowest of the world's stock exchanges. Mean reversion is on its side. 2) it is trending well. So, maybe your best...

I've never run out of good long trades. I want to add shorts to my repertoire, though.