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    Technical studies and correlations

    This is how I did it in the past when I was a newbie using indicators. Maybe not so rigorous but it gave me an indication of the correlation. 1. Determine the number of trades you get from two indicators separately, say X1 and X2 2. Add the two indicators and again determine the number of...
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    The Austrian parody of Economics Forum

    Does this mean you are looking for a bailout?
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    commodity question

    Because there are speculators in the markets. Without speculators markets are not efficient. When speculators are right they are rewarded and when they are wrong they get punished. Speculators are rewarded when they bring prices to equilibrium and they get punished when they move prices out of...
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    Is the current Trade Planning and Trade Management a farce?

    Rabbitone, I guess some are trying to say that your alternative is already there in the literature. The only thing you actually said is that given the possibility of consecutive losers, 2% is high for intraday traders and it must be lower. I don't think anyone disagrees with this point. In...
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    How are people in Iceland coping?

    This makes sense only if the loans were in a foreign currency, like CHF or EUR, for the purpsose of getting lower interest rate. Actually, people who got cars with loans in local currency at a fixedd interest rate should be better of.
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    What Would You Do If You Were China ?

    Article 101 of the Maastricht Treaty forbids debt monetization So take Euro zone out Then, there is nothing wrong about debt monetization as long as the money is collected back when the economy recovers. I thus conclude that American economy will recover soon but Euro zone will have...
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    Is the current Trade Planning and Trade Management a farce?

    If you found out something along these lines that offers and edge do not give it away.
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    holy suisse !!

    lol....do you have the link?
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    Pattern trading

    Hi Alex, I don't use timeframes less than 15 minutes. APS appears to work best with 15-minute bars or more. The number of bars in the file needed for the search to have any meaning increases as the timeframe decreases. The company gives a formula to estimate the amount of data in the file...
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    Any programs that would do this?

    In addition to Tradestation and NInjaTrader, there are a few more solutions for starters, like Metastock, and TC2007 when it comes to stocks. Actually, TC2007 can scan up to 7,000 symbols really fast. Amibroker and Wealth-Lab can also do the job. If you leave in USA, the only way to get...
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    BACKTESTING: only 25% winners on MA crossovers?

    Does the above statement by LBR mean that (1) Consistently profitable mechanical systems do not exist? No, it means that LBR knows only 2 people who have one. (2) that tape reading cannot be programmed? No, this is an implied red herring fallacy by LBR. Especially, when computers...
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    Canadian Prime Minister Harper: "Reckless U.S. consumers caused recession"

    "Prime Minister Stephen Harper said the global recession was caused by American consumers and investors..." So recession in China was caused because Americans were buying Chinese goods... Non Causa Pro Causa http://www.fallacyfiles.org/noncause.html
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    Sick article on Derivatives......

    Alongside you mean the local deli? Take it easy and try not to insult people. "Nonmember banks must maintain a portion of their transaction accounts and time deposits at a Federal Reserve Bank to meet Reserve Requirements, but have access to the Federal Reserve Discount Window and other...
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    Sick article on Derivatives......

    Madoff did not make any monies disappear. Ponzi schemes do not destroy cash, they re-distribut cash illegaly, It is an illegal scheme but people think it has to do with capitalism. No, it has to do with criminal behavior.
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    Sick article on Derivatives......

    You are increadible troll. You don't know what I'm talking about which is basic knowledge about banking you learn in first year economics and finance and you have the nerve to call it idiocy. You wrote: "Since late 1990s, banks were able to turn derivatives into assets and lend against...
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    Sick article on Derivatives......

    It is clear to me that half of the damage is not due to the structure of the economy but due to an army of pundits, most of them marxists, panicing people about a coming collapse of capitalism and free markets. The result is people hoarding money and the decrease of consumer spending has made...
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    Sick article on Derivatives......

    For banks, assets are the loans and liabilities are the deposits. A bank can lend against liabilities, not assets. A lot of people have no clue about banking but they insist talking about it.
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    Sick article on Derivatives......

    The author of this piece doesn't not uderstand how the markets work and why they use derivatives. Derivatives is a zero sum game. No principle is destroyed and no income is multiplied as he falsly claims: "The leverage that once multiplied income will now devastate principal.” In...
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    BACKTESTING: only 25% winners on MA crossovers?

    No, you need to win slightly over 3x more than you lose per trade on avg. (these avgs include of course all costs in actual trading). The equation is: W = PF/(PF+R) where W is the win rate, PF is the profit factor and R the avg. win to avg. loss ratio. Solve this for R and you get R...
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    I'm so LOST and feeling stupid. This is very long!!

    Yes, but you forget operational and opportunity cost. If you spend 10 years trading full-time making 20% on 5K each year -which is a very good performance - the 10-year total is about equal to what a good senior manager makes each month. If you qualify for a managerial position of this kind that...
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