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I use random entries extensively in testing and benchmarking trendfollowing systems, primarily in two capacities: 1. For testing exit mechanisms. A good exit mechanism should be profitable when combined with random entries across a number of markets over time. 2. For measuring the...

WealthLab has this capability.

Button trader in the last paragraph should read Bracket trader.

I agree that button trader is in a league of it's own - but does have a steep learning curve. That's the price you pay for power and flexibility. I've used the simulator version of Ninja without any of the reported connectivity issues. I quite like it, it does have excellent performance...

traderguy02, Better - hmmmm? I think the objectives for the two are fundamentally different. Discretionary trading for most people on ET is all about generating income. Whereas systematic trading is more about generating a return on your assets. While discretionary trading has a...

A Tiger Cub is someone who came out of Tiger Asset Management run by the legendary Julian Robertson. He was as big as Soros ($20bn +) but kept a much lower profile. Tiger came unstuck when the Yen carry trade unwound overnight in 1998. He now spends most of his time in NZ where he owns 2 luxury...

traderguy02, I am still predominantly a position trader - for my investors. Enitrely systematic though - no MP. MP is primariily a tool for discretionary traders. bolter

slacker, To my knowledge the list of charting apps that support MP are, in no particular order: Tradestation, CQG, eSignal, Ensign, Investor R/T, Aspen, and Sierra. Their MP capabilities very greatly. The new Investor R/T MP stuff looks fairly exciting. Good luck.

Harold, Detrending eliminates the "drift" in the time series. In essence you are making mean stationary (stable). This gives you a much truer correlation measurement by eliminating the effect of the drift. Now this may or may not be important for what you are doing, but you should at least...

futurecurrents, Undoubtedly the greatest movie ever committed to celluloid.

No offence taken faure. This was an interetsing thread WSY - and demonstrates how most of us fail to discern the plain simple truth when presented with a bunch of information/data. A great metaphor indeed.

faure, Right - it's case of not reading too much into the question (my mistake), and ignoring the extraneous information. The answer is 60 miles, because the bird was flying at 60mph. Pretty simple really.

In order to derive more useful information from correl coeffs you really should be using stationary data - ie: detrended. This is a very common mistake. The easiest method to introduce stationaratity to a time series is to use differences. That is, subtract the close from the previous close...

Hi FT71, The trick here is that you need to track the HWM for each invesment independently. This is why most hedge funds have a monthly "dealing window", as opposed to say daily. The way funds and fund administrators solve this porblem is by treating each new investment in a given month as a...

Without knowing the distance between the cars at the start it is not possible to answer the question.

Correctomundo!

Thanks for your input Rufus.

bump ....

Was surprised to come across this quote today: "...... will be even more important at the CME beginning on May 1st when they do away with counterparty information. It will be much harder for large locals to manipulate the marketplace because they won’t know who is feeding them the orders...

It's hurbis to think that one simple indicator and a few rules will enable you to take money out of the markets consistently over a period of time. Markets simply do not reward this sort of behaviour. If they did they would cease to exist. Over the long term the only people who make money in...