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I honestly think strategies need not be complex. In my research I found that the most complex part is finding, measuring and understanding persistent non-random behavior in the market. After that, the trading strategy (conditions-entry-stop-exit) used to exploit (mine) that behavior is actually...

http://en.wikipedia.org/wiki/Thought_disorder#Specific_subtypes_in_detail

http://www.youtube.com/watch?v=-xEzGIuY7kw That's how bragging on the internet sounds :p

Well, if you're so clever, you would understand that those "three questions" are actually the same one question, no need to separate them into three paragraphs and write a book about them. Those are very simple questions, so KISS. I have read many difficult texts, some of them extremely...

What do you mean? Why do you use so many obscure statements that are hard to impossible to comprehend? Can you explain your ideas in simple terms?

Much more people die hit by non-drunk drivers, so you have to fear them more since probabilities are bigger there. Thought I'd contribute some useless rubbish to the thread :p

If you cannot handle the stress and don't know how to manage risk, then yes, stay away from it. What's the problem?

If it's Monday, the system takes high and low of the previous day, i.e. high and low of Friday. Here's simple explanation: "if dayofweekfix(date) = 1 then begin hh = 0; ll = 99999; end;" hh - highest high ll - lowest low if it's Monday, then the hh and ll values are reset (lowest low...

No, the formula is this: 0,2 x average range of the past three days tgt = (highd(1) - lowd(1) + highd(2) - lowd(2) + highd(3) - lowd(3))/15; you can view it this way: (range(1)+range(2)+range(3)) / (3*5) = avg_range(3) / 5 or 20% of the avgrng(3) The system buys at the current low of...

Direction is of normal distribution. The n-sigma events in the markets happen for range size, that's where the fat-tails are.

Finally, after hundreds of hours of reading, researching and testing I've managed to grasp the idea of strategic trading. It really doesn't look that complicated now. Big thanks to Alan :)

I use JAVA and MS Excel only. Never have used TradeStation or any other third party software for my research. I have built data mining, statistical validation, intraday analysis and strategy backtesting frameworks with JAVA and use Excel for simple and fast operations like viewing data in...

Candlesticks is nothing more than just another way to present OHLC data.

Oooh, mister multimillionaire took the time to respond to someone like me. Priceless :D

So you say you expect more than 10% a week? That would be 1.1^52=14200% per year. That's your_money*142. You say you've traded for 7 years. If you somehow was able to perform like this even for the last three years, that would be 142^3=2863288 times your initial capital. Even the most...

You have to, to achieve higher Sharpe ratios.

Basically that's what I have already done. Over the past 6 months I worked on building a data/pattern mining framework to see if I can get any statistically significant patterns that may predict (to some extent) a type of the next day. My conclusion is that it is not possible. The only...

Someone should just close this thread.

What other threads did you find useful?

Ok I guess I'll have to spend the next few years trying to understand how to properly classificate market behaviors. I wonder if Toby Crabel's analysis methods are of any use in trying to analyse intraday price action and isolating conditions (price patterns) where those behaviors happen.