Search results

That's pretty much it exactly. People cannot explain certain parts of an otherwise deterministic process (they do not know what is causing it) and therefore deem the entire process to be random. A good analysis of the markets requires respecting both view points, even though one might be...

Most people choose to analyze the market in one of two terms: as a stochastic process (not to be confused with the stochastic indicator) or chaotic. The former states that movement is random whereas the latter states that every outcome is the result of the event before it (deterministic). I...

Although the ES has volume in the millions, it must be understood that this volume is not evenly dispersed across all price levels and time periods. 15,000 contracts trying to enter at the same price 3 am will have a different effect then at 9:30 am during the opening bell. Likewise, following...

I have a few profitable system which I am currently compounding. However, just because I am compounding these systems, chances are they won't make me the richest person in the world. This is because of liquidity limits in the market. Although liquidity can grow infinitely, within a finite...

The majority of my systems - ranging from intraday high frequency to those with multi-day holds - are incurring losses during the 2006-2007 back-test period. From pattern-based systems to mean-reversion, nothing is immune. I am working on a way to better measure volatility allowing for the...

I have been developing and testing several systems in the past few weeks with mixed results. The systems are performing well from 2007 - 2008.. in fact, they are performing extremely well. However, from 2006-2007 they go on losing streaks. I wanted to know if anyone else is having this issue...

I believe helping others in business is a great endeavor. In fact, it is one that I love. However, trading is not like other businesses. Due to liquidity issues and the nature of the market, giving somebody else too much help could easily mean destroying your own system.

Youngtrader, the amount of effort you will put into doing good in school is FAR less then the amount of effort it will take to make it on your own as as a trader and STAY successful.. I guarantee it. I was the same way as you when I was your age. I'm not much older (20) and regret not doing...

I read through thousands of pages of books, stared at charts for hundreds of hours, and developed insomnia to create a system to make me money.. not to give away on ET. Due to volume constraints, divulging the inner workings of an edge is basically destroying it.

I don't think it has to do with emotional fluctuations or anything like that. Even if it did, I generally find women to have a greater sense of emotional control when it comes to taking financial risk. Regardless, trading is a logic game, and I have met some very, very intelligent females. If...

I am sure that your intent in posting the above was good, but your advice is very wrong. Very often, it is better to take a loss then to restrict yourself from achieving your intended profit target. Trailing stops can be useful, but don't set them randomly. Stops should be placed on logical...

ML_QUANT... you calling what I said a contradiction is idiocy on your party, and extremely presumptuous. I did not transfer because anything that TransAct did was bad. What services they did provide were just fine. I trade automated trading systems, and I needed a platform to develop that on...

I have been noticing a "TransAct bashing spree" on ET in recent days, seemingly led by this ML_QUANT character. ML, I do not know who you are, but you seriously need to get things straight. You are giving multiple reviews and constantly making posts against this broker. I am going to set...

My internet connection was stable.. there were no interruptions at the time that this happened. The exchange had a problem with those trading on their Channel B system. I hear that everyone is being switched over to Channel A. This also happened last week. Good thing I was not trading any large...

I trade using my own automated systems. While trading today, I noticed that my systems were getting errors when trying to cancel orders. As a result, I manually canceled everything. I received confirmation on my platform that all orders were canceled. While calling my broker to inquire if...

Please remember that the minimum spread I used was randomly chosen, and has no real value to it. A proper value should be derived from extensive research on factors such as volatility, period length (timeframe for most), volume, and so forth. You can even set the minimum value to change...

K, the code below is actual tested code that will plot the values for the high and lows of a trend in NinjaTrader. Please this portion in the variable declaration area. It should only be called once, and NOT ON EVER TICK OR BAR! // Variables double trend_high = 0; // Stores the value...

Actually, I just looked through the code and there are some logic errors. Gimme like 20 mins, I'll have something working.

To determine the highs and lows of a trend, you must first determine how much a move constitutes a trend classification. If the market moves 1 pt, do you consider it a trend? The lower this value, the more highs and lows you will get. Take the following scenario: The market starts at...

When I develop a trading system, I find a reason for why the market should do something, and why it should continue doing it. Then I develop a system to exploit that reasoning in a statistically sound manner. The common notion about fundamental data is that is too abstract to quantify. My...