Search results

  1. rwk

    How to manage risky traders - 10% a day and 50% drawdowns

    There is not really enough information here to make a realistic recommendation. Return vs. drawdown is what I call trader skill. Within a skill level, the trader can play one against the other. A trader can advance his skill level (i.e. improve both return and drowdown), but usually at his...
  2. rwk

    Things people do not talk about

    It has been said that a successful trader could publish a working system, and most newbies would take no notice. I think there is at least some truth in that for two reasons. There is such a glut of useless techniques as to be [nearly] impossible to give everything a fair trial. But most...
  3. rwk

    IB Bundled or Unbundled

    I switched to unbundled for pretty much the reasons the OP states even though I have been trading well short of 300k shares per month. Last year my average commission per share was slightly less than bundled, but close enough to be a toss. The big negative was that the commission part of my...
  4. rwk

    rt ES ATS journal

    Your profit was $5518 on 5/18, yet you're still trading tripples. Shouldn't you be cutting back? The equity curve was looking good for quite a while, but now less so. This is the point where most novices start tweaking their system. The problem is, there is no way to know whether it will...
  5. rwk

    The Overnight Drift Higher In Index Futures

    Your secret is safe with me. . .trust me.:D
  6. rwk

    Any body else Sick of those log in cards with TWS

    Apparently there was a problem. I can't find the article, and my memory is hazy, but I seem to recall it happened in Estonia. I think somebody used a keylogger on a public computer (probably an Internet cafe) to steal logins. Then they placed unauthorized trades using a variation on the old...
  7. rwk

    Any body else Sick of those log in cards with TWS

    I find it annoying and hard to use, but I don't expect to opt-out. I think it works well for its intended purpose, i.e. security. I have pretty well gotten used to it.
  8. rwk

    Soros on Bloomberg last weekend

    This looks like his most recent Bloomberg interview: http://www.youtube.com/watch?v=Zhx-ywi9jB8
  9. rwk

    rt ES ATS journal

    In the OP, you said that the system is fully automated. Does that mean that it could run unattended if you chose? Is any part discretionary? Is there anything other than net profit ($5k delta) that you use to decide trade size? You said the system is stop-and-reverse and always in the...
  10. rwk

    Did Trading Blox just go out of business?

    http://www.tradingblox.com/index.html
  11. rwk

    What would you do?

    This sounds like something I might have written 30 years ago. I was a computer programmer and worked on contract rather than part time. I worked full time as long as the job lasted (3 - 30 months), then studied/traded between jobs. I found it was much easier to take a vacation and spend money...
  12. rwk

    What would you do?

    Cutten's advice is probably the most sensible response so far, but your reaction is about the same as mine. I am semi-retired now, and I never found a secure, well-paid job I could stomach. Probably my biggest regret has been the time and effort I wasted looking. It makes sense to try...
  13. rwk

    rt ES ATS journal

    I guess the hit looked worse than it really is. Having seen your bankroll, I agree that your risk and worst loss are reasonable. My initial reaction was that you need to do something about the big hits. But your observation that it is unavoidable is consistent with my experience. It is...
  14. rwk

    Looking to trade off a Laptop while traveling

    I recommend running your trading software on a home desktop or a co-located server, and controlling it with remote desktop software such as 'gotomypc.com'. That way you can use a cheap laptop that contains no sensitive data. I traded this way for months, and was pleased with how well it...
  15. rwk

    What is happening to men?

    The disparity in college is nothing new. It's been going on for at least a decade. The disparity in layoffs is probably due to women still getting paid less. That's even more true for women's occupations such as nursing and elementary education.
  16. rwk

    rt ES ATS journal

    This is an 81.5% hit. Do you expect more of these? Do you think it had anything to do with day-of-week? You started out doing 20-30 trades per day and lately are doing about 10. Did you change anything other than the weekly re-optimization? Do you anticipate doing more trades in the YM...
  17. rwk

    Automated Trading Forums

    You might try http://finance.groups.yahoo.com/group/ATS-Forum2/?yguid=165643948, though it has been quiet lately.
  18. rwk

    How do you measure Pace of action if you use Constant Volume Bars?

    OP is 'original post' or 'original poster', the one that started this thread. ATS is an automated trading system. I think the indicator has something to do with non-stationary window of 1600 five-minute bars, but I have trouble visualizing it.
  19. rwk

    mlm guru doug Allen thread closed. Why?

    Doug just posted this a few minutes ago in response to a couple questions: My plan is very simple. I have a trading account already set up with money in it. I will be adding trading authorization for somebody to trade the account. What is expected is that the trader will trade the account based...
  20. rwk

    mlm guru doug Allen thread closed. Why?

    There has been pre-announcement only, details to follow. My guess is that the conference will be cancelled or postponed. If not, the next most likely outcome will be a conference plagued by technical problems. As I said earlier, Doug appears to be making this up as he goes. That's not...
Back
Top