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You might want to include an estimate of slippage in your calculations. My daytrading simulations suggest slippage might be equal to about 1/3 of profit. My short term position trading modeling suggests suggests slippage is significant, particularly at opening gaps. Slippage is the difference...

I recall reading that Warren Buffet is the second richest person in the world and he does not use a computer.

Some of my systems use % heat and some % risk. My moving average crossover system uses % heat. A 1 % risk system uses a hard stop and attempts to limit risk at 1 % of equity. A 1 % heat system can lose more than 1 % of equity. In the case of my moving average crossover system the exit signal is...

I use a risk level that allows me to sleep at night and avoid gut sickness. There is no way to know the length or magnitude of the next losing streak. Back testing only describes the past. I examine the equity log of the portfolio simulation and ask myself if I am comfortable with the...

If I think something is useless then I am not considering it carefully enough.

I might make anywhere from 1 % per year to 200 % per year depending on how much risk I can tolerate. Remember greater risk means greater losing streaks. I use simple trend following systems such as Bollinger Band. http://www.elitetrader.com/vb/showthread.php?s=&threadid=76087. The risk level...

History of booms and busts interests me.

"DebbieDoesPolitics.com www.debbieschlussel.com/ Debbie Schlussel: Your Gym Now Allah's Gym (& Mosque), The Sequel: Muslim Woman Bitches Over Prayer at Gym By Debbie Schlussel Back in April, we told you about Fitness USA, the Michigan-based national gym chain. We dubbed it...

Sort of. Diversification is associated with the portfolio effect. The portfolio effect means that as the number of securities in a portfolio increases the portfolio volatility decreases. Portfolio effect means that a trader can use the same risk level and experience less volatility or increase...

A Bollinger band system might use a simple moving average because it first calculates an average value then calculates the standard deviation. Since the average value is already known it might be used to calculate the exit signal. I observe a three month trendline often approximates a 40 day...

Rapid growth. http://www.usfunds.com/docs/press/viewpress.asp?recordid=72 With an average of more than $4.79 billion in assets under management for the quarter ended September 30, 2006, U.S. Global Investors manages domestic and offshore funds offering a variety of investment options, from...

I learn that writing computer programs to study the behavior of prices teaches me more about trading than any book or web site.

I remember watching an interview with Warren Buffet on CNBC TV last night. Maybe it is an old interview but I do not remember seeing it before. I recall Mr. Buffet saying that he does not visit companies before buying them. Warren Buffet invests using financial information only. I recall...

Do you have a simple, strict set of trading rules that you can follow? Possibly. You might find a quiet place where you are undisturbed and reflect on your question. I sometimes experience a sense of confusion, carelessness or difficulty focusing on my trading work. I spend time experiencing...

There is educational material at some exchange web sites. http://www.cme.com/edu/res/intro/index.html

What you call curve fitting I call using a method that shows a profitable outcome over a long period of time. I do not know why you feel that all securities must show the same price behavior and must be traded with the same trading method. An alternative to using a method that shows a...

Please examine the attached graph, write what you recognize as the trend and identify some support or resistance values. Thanks.

A brain is a kind of computer. I ask myself "what is my mind doing when it recognizes a pattern"? Then I might write computer programs that duplicate what my mind does.

I do not believe that I can get 100 % of all points possible in any kind of trading. My simulation of a day trading system suggests about 1/3 of total profit disappears as slippage. The day traders that visit EliteTrader.com might verify this. Is slippage about equal to 1/3 of daily profit?

I do not believe these people are in the business of training or selling software or trading methods but reading these websites might answer some of your questions. http://dunncapital.com/ http://www.galtcapital.com/index.html http://jwh.com/home.asp...