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I'm wondering if anyone can help me answer a very fundamental question concerning the percentage risk in an account. Basically you hear time and time again that professional traders only risk 1% to 2% of their account on any one trade. At first I took this to mean that in each market they...

Thanks Tom, You are correct. I was confusing the elements of randomness with the way the data values were distributed. Basically as I now interpret it the t-test probability used above says that given the example distribution of profits and losses what are the odds that the next sample will...

"In this way the trades are highly removed from the mean making them seem average?" What I meant to say was: In this way the trades are highly removed from the mean. Does this phenomenon make the individual trades seem random? Please excuse my error

Just some questions about t-testing. I have run the results for my trend following system on the attached t-test excel sheet. This and other helpful sheets can be found at both www.futuresmag.com and www.turtletrader.com. My system received a t-test score = 1.77 and a probability of average...

Great Topic. I am about to open an account with either eFloorTrade or eLocalTrading and the deciding factor may be the AutoXecutor found at eFloorTrade. I'm just putting the finishing touches on a trend following system and plan to return to the work world next year. Having a truly automated...

Great question. I hope I can provide a good answer. As you know continuous data is essentially an average of all the contracts at that time. This sounds great until you realize that you could never actually get those prices. Also you will find that that file has no daily range so if you are...

Hello Fellow Traders. I've recently compiled some futures data into yearly files and posted them on my website. This should help those of you who are interested in backtesting from having to compile many individual daily files into continuos files. These files will allow you to sort and...