Search results

That spreadsheet sounds great, but it must be from a version of Excel too new for my Excel 2003 to open. Could you save it as an older version and re-post it?

Thank you. Money-weighted (IRR) is more appropriate because I am an individual investor wanting an annual report card for my account.

I trade from an account. Sometimes I withdraw from it to pay an expense. Sometimes I add new savings. How do I calculate performance (ROI) on that account?

Thank you, I liked those.

What do you mean by expectancy?

If you are talking about trend following, a longer time frame requires that you set your stop loss lower. If you get stopped out your loss is bigger, but if you don't you are rewarded with a long trend. Win or lose, longer frequency trading takes less work.

I don't know the answer to nonlinear5's riddle. Personally I don't try to anticipate what the market will do, but I try to understand its current behavior by noting how related things are moving at the same time. On what time frame do you trade?

I haven't done any testing. I subtract 3 times the 10-day ATR from the 5-day MA and that is my provisional exit. But I may exit sooner. If something slowly levels off I get out rather wait. Studies indicate that a higher tolerance for price decline, like 10 x ATR, results in higher profits. I...

Everything I have is severely undervalued in CAPE terms (or some other metric) and climbing quickly. I would like more diversification than I have. What sort of instruments do you trade?

I have looked for forums in position trading and trend following. Nothing active. I have a plan like what you describe. I always write plans for myself, being a city planner by profession. I feel more self-confident now having heard from you and Rabbitone. But I would like to share things, like...

Rabbitone and Deaddog, Elite Trader doesn't facilitate position trading. There is no forum for it. Are we the only three here who do it? Is there another forum? If not should we create one?

Thank you Rabbitone for giving me a name. I am a position trader. Is that synonymous with trend follower? You came into it from day trading to spend less time trading. You watch the weekly chart and fight the urge to open the daily. I come into it from buy-and-hold, willing to spend more time at...

The culture on EliteTrader is rough and tumble. How best to participate? Stream of consciousness maybe. In that vein, I haven't explained the low-PE aspect of my method. I have been heavily influenced by Meb Faber's Global CAPE writings. Search it if you want to follow where I'm going with this...

Thanks for that link, and to all of you. My head is spinning from how much my view of investing has changed. Not long ago I concluded, from books, that it is possible to time the markets with macroeconomic indicators and MA crossovers. I don't believe in it for myself anymore, not if "to time"...

So the PA man meditates on the bare chart. Doesn't even draw in S&R lines because you don't need to draw it to see it. While you engage price in flights of mathematical fancy. Thinkorswim has about a hundred indicators but you create more because what's canned is already stale. Do you find value...

OK I got the presidential cycle wrong. All this time I thought this should be a bad year! Maybe it still will be. Where can I learn more about bar labeling? Is there an author I can look up? You write with a strong accent. Where you from? Don't tell me. Give me a clue based in history or geography.

If you’ll engage me I’ll gladly take your cruelty! You can probably teach me more than I can teach you, but I wouldn’t rule out the latter either. I’m not sure how to engage you, but here goes. What do you mean, label a bar? What’s to label that isn’t already expressed in the bar‘s shape on the...

Why do you distinguish indicators from price action? Indicators are mainly price based, to my knowledge. I must not understand your terms. And what sort of instruments do you trade, and at what frequency?

Other than the generic meaning of the phrase "study Price Action," what do you mean by that? As for back-testing, I will look for a book on it, but this can't become my full time job. I've been studying for months and was hoping for a let-up! Perhaps you think a non-professional shouldn't manage...

Newbie here. I don’t want to buy-and-hold anymore. Nor day-trade. I want to buy stocks with low PEs (and underpriced commodity ETFs) when they start up-trending and sell them when they stop. I want my average holding period to be measured in weeks or months. That said, my three main issues seem...