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EA working with a broker, not working with another 0 replies
trading together 8 replies
Right now My metatrader3 is not working is yours working? 0 replies
Putting Together a Business Plan, by Linda Raschke 0 replies
Quoting merlinDislikedthat initiative seemed to fizzle out, so i temporarily removed that forum (with permission). if there is interest in it again, i will enable that forum again.
i was actually sad to see it fall flat. i thought it was a great idea.Ignored
Quoting fijitraderDislikedI've seen other forums develop where someone posts a system that looks great because it caught a few recent moves. A bunch of people jump on the bandwagon to test it out and find that it has serious problems with previous out of sample data. Then a bunch of others jump in to resolve the whipsaw problems that plague most systems and the entire focus becomes about adding and combining filters to take the whipsaws out of the (now in-sample data) system. Once the system is properly curved fitted to show a profit in back testing they start trading it only to find it does not perform. Lots of energy is spent trying to solve that problem and eventually the thread dies out.Ignored
Quoting quinnDislikedHi Folks
There is only one person to blame for the team trading not going anywhere and that is me.
When I first came up with the thought it was mainly because of all the negative things going on in the forums at the time, and I thought we could try to make a positive experience for all.
Filler, Diallist and Merlin did a lot, to help with the team trading and although the initial response was great, it didn't come through once the "TT Forum" started.
We really didn't have much response to the polls we had regarding the trading styles people wanted.
Maybe we should have narrowed it down and just got started on something.
Since the idea came to me unfortunately/fortunately? I have been very busy with my business. Far more busy than usual this time of year.
In hindsight I would not have started anything had I known that I wasn't going to be able to invest the required amount of time and effort into it, for this I apologize to everyone.
Also,the limited time that I have had to check Forex Factory has caught my attention with James16' thread and ideas.
He is so far a head of me in my trading, that, like everyone else I'm now more interested in what Jim can teach me that what I can learn at this time on my own.
I have no problem stepping aside to follow a better man and look forward to anything, I can learn from anyone here, on this great forum.
QuinnIgnored
Quoting quinnDislikedHi Folks
There is only one person to blame for the team trading not going anywhere and that is me.
When I first came up with the thought it was mainly because of all the negative things going on in the forums at the time, and I thought we could try to make a positive experience for all.
Filler, Diallist and Merlin did a lot, to help with the team trading and although the initial response was great, it didn't come through once the "TT Forum" started.
We really didn't have much response to the polls we had regarding the trading styles people wanted.
Maybe we should have narrowed it down and just got started on something.
Since the idea came to me unfortunately/fortunately? I have been very busy with my business. Far more busy than usual this time of year.
In hindsight I would not have started anything had I known that I wasn't going to be able to invest the required amount of time and effort into it, for this I apologize to everyone.
Also,the limited time that I have had to check Forex Factory has caught my attention with James16' thread and ideas.
He is so far a head of me in my trading, that, like everyone else I'm now more interested in what Jim can teach me that what I can learn at this time on my own.
I have no problem stepping aside to follow a better man and look forward to anything, I can learn from anyone here, on this great forum.
QuinnIgnored
QuoteDislikedfiji, this is not a process provoked by forums, this is the process for ALL system development!!
QuoteDislikedin your quote above, if you replace the forum members with a single person, this is exactly how i made systems when i was an experienced-newbie. and many other people do so as well, and i presume that is why you see it come out in the forums. this approach is backward to the scientific method, and why in the end no one makes any money from the system.
QuoteDislikedi think the "team trading" idea could work, but not for developing a quantitative system because quant systems require hundreds of hours of properly conducted research and an experienced eye. where i do think team trading could work is with a discretionary-technical approach (like james16) or a fundamental approach (which we dont find much in forex). if i were to trade based on fundamentals, i would think having a group to bounce ideas back and forth with would be a great resource.
Quoting merlinDislikedi hear ya fiji. so where would one look for a good model to borrow? what group of people (all differing in ideas and philosophies) has gotten together in a team enviornment and been able to create something very sucessful?Ignored
Quoting merlinDislikedfiji, i think youve said what i wanted to say but didnt.
after posing this question (which im glad you liked as it speaks to my blossoming scientific abilities ), i was thinking about great companies, great football teams etc etc. everything successful model i could come up with had one thing in common: a great leader. i was kind of thinking that its all about the leadership, but i didnt want to say it because that was like saying quinn wasnt a good leader. but since he has already admitted slackin on the project i think it safe to say that team trading could work if there were someone to lead the group.
someone would have to stand up as the leader and be truely motivated to make it happen. if i thought i could be the leader, i would stand up in a second and take on the challenge. but i fear i would be a very poor person to lead the group because my trading style is kind of hard to relate to if your not a programming nerd.
so who is going to be the one to stand up and lead us to the promised land????Ignored
Quoting AntraDislikedWho on this forum is:-
Good teacher
Successful Trader
Nice person
Willing to take on this task???????????????????????????????????????
Ignored
Quoting merlinDislikedthere are 6 or 7 other guys on this forum (ie quinn, blue, dialist) that could lead the group as well. they may be less experienced with trading, but i dont think the leader of the group would necessarily have to be that experienced. they just need to direct traffic and keep the train going. the collective experience of the group is the workhorse.Ignored