Recent content by growltiger

I think this method (run pairs of conracts, realise profits and allow unrealised losses) has made a large number of appearances in various guises. There is a recent Elite Trader thread where the contributor ElectricSavant proposes a system for trading on these lines...

VSA/Tradeguider My experience with this (when it was fresh on the market in the first half of 2004) was disappointing. The trouble with it was not so much with bugs, or failure to refresh in fast markets, as with the fact that the indicators provided on a Tradeguider chart were not consistent...

Wave 59 experience I tried it for a few weeks last summer. Thought some of the ideas were interesting (Lomb preiodogram) and some wacky (horoscope based cycles). Rather prone to crash, lots of wild-looking data spikes. Overall experience negative. My reactions at the time were in the...

See last paragraphs of my previous post, which reported on live testing going forward (with real money). It was loss-making. On the other hand, other people evaluating it in the 2nd quarter of 2003, when the market was zooming upwards, got a better result.

That's fine. A stab at capturing the essentials is all I was after, in the process throwing up some implicit questions.

Case for the Prosecution? Not intended as a prosecution. Rather, a series of explanations of the undoubted strength of feeling that is evidenced in the discussion that has welled up this week. Such explanation had been requested by the post from Dynamite. It seems to me that the nature of the...

Why the fuss? There are several reasons for people to be making a fuss. They all have to do with the way that the Socrates persona functioned on t2w: In style, the postings of Socrates were often pompous and elaborate. The style amused many, but repelled others. Also, the "Socrates" persona...

Volume: Important v Useful The thread got bogged down over a rather theological dispute over whether volume, assuming it to be important, could be in some methodical way tamed and made useful. One party maintained that it was in principle impossible to model the way that volume influenced...

Futurenets If you have eSignal as your datafeed, you can put a realtime market profile tool on your charts for free. There is a download available from http://www.futurenets.co.uk/. The add-in plots the histogram on your price chart, with the value area picked out in a different colour from...

Automated trading Seems to me unlikely that you will find any platform supplier willing to accept the liabilities that worry you. They are part of life. My feeling about automation of strategies is that they invariably perform differently from expectation, both in overall result and in the...

This is an interesting example which makes, I believe, more than one type of distinction. The most striking thing about the behaviour is that the trader enters a transaction on the basis of a technical argument, but then decides to postpone exit on fundamental grounds (price of crude is going...

Tricks There is a thing called TRIX (Triple eXponential) which its adherents claim is smoother than a short term moving average, but more responsive than a longer term average. I forget the exact definition (and it would probably depend on the software vendor) but the idea is to take a...

Archive information I just looked through some old emails, and found three from this "sender". They tell you that you have to have a system with an edge, execute it correctly (but not expect each and every trade to be successful) and that the way successful traders turn the correct execution...

Living out 1984 on a daily basis Only those who are still troubled by "memory" traces within the skull will have difficulty with phenomena like the disappearance of posts or threads. Pragmatic citizens nowadays cultivate the sense that if you cannot retrieve it, it was never there. The web of...

My memory is that the hero had been reduced by advanced brainwashing methods to a state where he could no longer tell three fingers from two. At that point, when he was plainly unsuited to continue trading, he was released from custody and permitted a free daily ration of gin.