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Search: Posts Made By: RM99
Forum: Psychology and Money Management August 29th, 2011, 03:26 PM
Replies: 358
Views: 73,836
Posted By RM99
I must caution you though, that if your...

I must caution you though, that if your backtesting is inherently flawed, all of this will be for nothing.

I see you went back to daily bars. Just bear in mind that if you're not backtesting...
Forum: Psychology and Money Management August 29th, 2011, 03:23 PM
Replies: 358
Views: 73,836
Posted By RM99
Some programs will actually do a robustness...

Some programs will actually do a robustness analysis for you. But essentially, that's what you're manually doing by picking settings that are resistant to large swings in performance.

At some...
Forum: Psychology and Money Management August 29th, 2011, 03:07 PM
Replies: 358
Views: 73,836
Posted By RM99
You are getting it. You can optimize profit...

You are getting it.

You can optimize profit taking and exit management with much less curve fitting effect than if you try to optimize the entries.

There are thousands of tricks/methods for...
Forum: Psychology and Money Management August 27th, 2011, 11:59 PM
Replies: 358
Views: 73,836
Posted By RM99
I'll try to be diplomatic. 1) I use a...

I'll try to be diplomatic.

1) I use a $25/contract/roundtrip commission and slippage as a baseline and I don't even look twice at a strategy that doesn't yield at least 5 ticks/trade above and...
Forum: Psychology and Money Management June 28th, 2011, 08:34 AM
Replies: 358
Views: 73,836
Posted By RM99
To veer back toward the original thread...

To veer back toward the original thread intent.....

For all you discretionary guys....

How many times have you said to yourself..."Man I wish I could have gotten in earlier" or "I sure wish I...
Forum: Psychology and Money Management June 28th, 2011, 08:29 AM
Replies: 358
Views: 73,836
Posted By RM99
That's the side I haven't seen. All I see is all...

That's the side I haven't seen. All I see is all the functionality I lose with TradeStation (as compared to the Ninja guys) and it leaves me envious. I have skimmed enough threads to get the sense...
Forum: Psychology and Money Management June 28th, 2011, 06:23 AM
Replies: 358
Views: 73,836
Posted By RM99
Agreed. Different instruments present challenges...

Agreed. Different instruments present challenges and aspects that shape viable strategies.

CL for instance....is usually MUCH more tame during off hours. I find that the optimal time for...
Forum: Psychology and Money Management June 28th, 2011, 04:53 AM
Replies: 358
Views: 73,836
Posted By RM99
Risk tolerance is a personal choice. One woman...

Risk tolerance is a personal choice. One woman might be a beauty queen to me and might look like the lunch lady to you.

I already said, TS does not maintain stops that are updated more than 15...
Forum: Psychology and Money Management June 27th, 2011, 07:46 PM
Replies: 358
Views: 73,836
Posted By RM99
As long as we're on the subject of ATS risk...

As long as we're on the subject of ATS risk management strategies.....

1) You can now access any windows XP or later computer using XP or Win7 from any computer. This also includes windows7...
Forum: Psychology and Money Management June 27th, 2011, 05:49 PM
Replies: 358
Views: 73,836
Posted By RM99
Lornz, looking good. Couple of ???'s though. ...

Lornz, looking good. Couple of ???'s though.

1) What is the trading hours? Is this RTH or round the clock?
2) What is your calculated slippage per round trip?

I find that strategies that...
Forum: Psychology and Money Management June 27th, 2011, 07:48 AM
Replies: 358
Views: 73,836
Posted By RM99
No, but to assume that you or I or anyone for...

No, but to assume that you or I or anyone for that matter could simply educate/study/research/ etc our way to that sort of performance is a bit lofty.

I'm always a fan of stretch goals....."shoot...
Forum: Psychology and Money Management June 27th, 2011, 07:05 AM
Replies: 358
Views: 73,836
Posted By RM99
That's nearly akin to saying..."The number of...

That's nearly akin to saying..."The number of lottery winners over the past few years have been unusually lucky."

For every George Soros, there's literally hundreds of thousands of Hedge Fund...
Forum: Psychology and Money Management June 27th, 2011, 02:25 AM
Replies: 358
Views: 73,836
Posted By RM99
I'm not trying to be contrarian, I'm really not. ...

I'm not trying to be contrarian, I'm really not. But are you SERIOUSLY validating your "fluid" trading methodology with performance reports from an online stock trading game?
Forum: Psychology and Money Management June 27th, 2011, 12:06 AM
Replies: 358
Views: 73,836
Posted By RM99
"It's better to be lucky than good." If...

"It's better to be lucky than good."

If you're ever making trades by "gut feel", "intuition" "je ne sais quois" or any other "too complicated to put your finger on method" then my hat goes off to...
Forum: Psychology and Money Management June 22nd, 2011, 02:02 AM
Replies: 358
Views: 73,836
Posted By RM99
If you can conceive it, it can be coded. Trust...

If you can conceive it, it can be coded. Trust me. Most of the time, it's usually something elegant and simple (or even unkown) that unlocks a programming challenge by someone craftier and smarter.
Forum: Psychology and Money Management June 19th, 2011, 10:28 AM
Replies: 358
Views: 73,836
Posted By RM99
There is still no grail with respect to "hands...

There is still no grail with respect to "hands free" or unattended trading.

Autotrading is still very much cruise control (you still have to be at the wheel). Coding bugs, connection...
Forum: Psychology and Money Management June 19th, 2011, 03:17 AM
Replies: 358
Views: 73,836
Posted By RM99
I think we're speaking apples and oranges here. ...

I think we're speaking apples and oranges here.

Or, I think you have the opinion that anyone who's auto trading cannot make a living manually trading.

I can do it manually, but not without...
Forum: Psychology and Money Management June 18th, 2011, 05:07 PM
Replies: 358
Views: 73,836
Posted By RM99
Again, you have a totally distorted view of what...

Again, you have a totally distorted view of what effective auto trading entails.

I'm not programming to solve any problem other than the "human factor" or psychological issues.

I can develop...
Forum: Psychology and Money Management June 12th, 2011, 07:36 AM
Replies: 358
Views: 73,836
Posted By RM99
In all fairness, virtually every trader who isn't...

In all fairness, virtually every trader who isn't on the exchange floor using some degree of automation.

A simple bracket order (order cancels order or order supplemental order) is automation. ...
Forum: Psychology and Money Management June 12th, 2011, 02:07 AM
Replies: 358
Views: 73,836
Posted By RM99
It's noteworthy that HFT is a subset of ATS. ...

It's noteworthy that HFT is a subset of ATS.

HFT is ATS, but ATS isn't automatically HFT.

There are actually some very effective ATS that are "LFT" because the strategy acts like a "watchdog"...
Forum: Psychology and Money Management June 11th, 2011, 02:04 PM
Replies: 358
Views: 73,836
Posted By RM99
The real heart of the issue is "rules based...

The real heart of the issue is "rules based trading." That's what most people are trying to achieve.

As an avid firearm guy, I get a lot of questions about different guns, calibers, brands, etc....
Forum: Psychology and Money Management June 11th, 2011, 12:03 PM
Replies: 358
Views: 73,836
Posted By RM99
Any strategy that can be developed...

Any strategy that can be developed (discretionary) can be coded. The sophistication and detail of the code can be complex, but it can be done.

The problem with most guys is that they base their...
Showing results 1 to 22 of 22

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