Here's a random entry, fixed stop and 2x stop loss as profit target in the SP market.
Here's a 11 year test on SP from 1/1/1990 - 12/31/2000 using 30 min. data and forcing exit on the close. This way new trades start every day. I...
Here's the TS code for anyone interested:
Here's results of a random entry with a trailing stop in the SP market using daily data from 1983 - present.
Since the stop is in place all you can do is manage the winning trade. After the trade is ahead by the amount of the stop I'd move the stop to...
I had two months of training at a investment bank. The third month, I traded, lost money... and got kicked off the desk. The fourth month I...
I was trained as a net position trader at a investment bank years before it was discovered the markets contained periodic non-randomness. In...
Expectation = (prob. of win * size of win) - (prob. of loss * size of loss) In this case the size of win is a distribution: .6*100 = 60 .2*...
Eddy, That's a pretty clear example of the Gambler's Fallacy. The problem with the thought process is the trades have to be shown to have some...
I'm a retired trader and an INTJ. My wife is a ESFJ. Very happy together. Here's the link to the test for those that haven't tried:...
I have a couple of hours to kill before I close out my currently 50+ pt. winner per-contract in the weekly SP trade. I'm sure I'm just lucky!...
Sorry to have wasted everyone's time on the topic of an edge. It's what enabled me to retire after 14 years as a pro. I can see that discussions...
Program trading restrictions. Remember it's been accounting for 50% of NYSE volume recently.
In the trading world it's ancient! I retired last year at 45 and was by far the old man on the desk. Most guys that have made $1.98 retire by 30....
Here you go, from 1/1/86 - present.
How do I know this is an edge and not curve fit to the data. I tested the entries against random entries with 5 day holding periods for each trade...
Now that you've seen what happens trading against the trend, here's the summary of the short side trades for the past two years. Again, only...
Yes, I posted some stuff over there. The difference between trading off market character and an edge is the difference between night and day....
"in case of the 15k per contract, the stop will be 2% or the 5 bar exit, ( what comes first) right?" No, the stop is always the 5 bar exit. The...
ArchAngel, You use a buy/sell stop and enter if it touches the channel. Likewise with the exits. hit n run, In 2000, the max....
Separate names with a comma.