It would appear that most mechanical systems are based upon solid money management, some simple price channel breakout rules that adjust...
Well, that's an assumption out of his account size. He certainly has to diversify his portfolio among several markets. If that's the case, how can...
Could you elaborate more on logical discretion? Thanks. From reading their interviews, it seems that both Ed Seykota and George Soros aren't...
It does work: http://www.originalturtles.org/
Oh, yes! Good point!
No, I don't. I was just curious to know something about the hedge funds mechanical systems' modus operandi. Do you know of Lee Gauss trading...
Yes! They also claim that they use only reactive indicators. Does anyone know of a proactive indicator, such as one that goes ahead of price? I...
Weâre not in the business of forecasting business cycles. Predicting trends is impossible. What we do is react to certain market signals and...
Dear brethren: Has anyone taken the Turtle Trader Course? Is the course worth its dollar value? Is the content original or something can be...
Dear brethren: I was browsing through the board and found this interesting thread about options trading. I would like to know your ideas...
... in the sense that brains have nothing to do with balls.
Thanks for the link.
WDGann: Thanks for your comments and expertise. For the time being, however, let's say I will limit myself to grasping the concepts of...
ET: That's the random factor I was talking about. Hence risk management becomes a key component. Thanks for the book. I guess it's what I...
ET and WDGann: I would not say that wind direction is completely random, in the same way I believe that markets are not completely random....
ET: Would you give me only three principles upon which non randomness is translated into mechanical instructions? I mean, if you had a large...
For me, discretionary, as applied to trading, means using the human judgement for trading decisions. Mechanical, on the other hand, means...
I am interested in learning about mechanical trading as applied by large funds. It would appear that most funds are using the same criteria to...
None, myself. I do not have a trading platform to perform such tests.
Dear brethren: While I myself feel more inclined to the discretionary approach, as it is the path I have taken from the start, I would like to...
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