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- 32 Results (2 Threads , 30 Replies )
- danielfppps replied Sep 3, 2010
Hello Chavo, Thank you for your reply Ok, I think I now understand what you would want to do a little bit better however I do not understand how this would increase the profitability of the system if you would never close the open positions. In ...
- danielfppps replied Sep 3, 2010
Hello Charvo, Thank you for your suggestion It is actually very common for people to suggest this kind of setups with systems like Watukushay FE. However the net result -for this specific system - is actually negative since the number of trades ...
- danielfppps replied Sep 3, 2010
Hello Charvo, Thank you for your comment The opposite logic does not work since it has negative statistical edge, due to this reason it loses money more rapidly that a random system would (since each trade has a higher probability end up as a ...
- danielfppps replied Sep 2, 2010
Hello JamJamJam, Thank you for your post I will now try to answer your questions : Well, yes, the system is static in the sense that its logic remains unchanged. A completely dynamic system - by definition - would be a system that changes its own ...
- danielfppps replied Sep 2, 2010
I have sent a PM to Twee about the issue you have pointed out so that he can sort it out in the way he considers best. I am here to offer nothing but help and knowledge and I say - yet again - that I have made no move forward to attract any ...
- danielfppps replied Sep 2, 2010
Depending on the way the institution you are working for trades it will also make no sense to share the systems since regular retail traders simply won't have the necessary direct connections and software to run it. Many of these systems -especially ...
- danielfppps replied Sep 2, 2010
Thank you very much for your post Charvo I am glad you like the system. I believe that in order to trade successfully you need to know all the ins and outs of the systems you develop and use (either manual or automated) and for this reason ...
- danielfppps replied Sep 2, 2010
Thank you for your contribution SwissRaj, you are absolutely right about this. Definitely it depends on each particular trader and their actual personality to measure how hard it is to trade a particular system. Maybe a system I will be able to ...
- danielfppps replied Sep 2, 2010
I absolutely agree The measurement of mathematical expectancy is vital to know if your system has any potential and then the psychological aspects are also vital to know if you will be able to deal with a system and actually trade it in real ...
- danielfppps replied Sep 2, 2010
Well I do understand your concern and I do understand what the forum rules say. However it is not my intent to make this or other threads commercial in any way. I would encourage you to edit your post to remove the link, PM the moderators about the ...
- danielfppps replied Sep 2, 2010
Thank you for your reply I understand what you are saying but the fact is that your entries in themselves do not contain any long term statistical edge. That is, the probability of price moving in the direction in which you want it to is slightly ...
- danielfppps replied Sep 2, 2010
Thank you for your contribution The problem here is, how do you know there is a long term edge ? How do you know that your entries do forecast a certain movement in price with a higher probability during a long period of time ? The answer is ...
- danielfppps replied Sep 2, 2010
Well I have abstained from mentioning my website or my blog because I didn't want this to become anything commercial, as you see my intent here is beyond selling anything. I urge you to edit your post so that this thread can remain that way Daniel ...
- danielfppps replied Sep 1, 2010
Hi CindyXXXX, Thank you for your input Of course you would rely on past data to find performance, in the same way in which you rely on past data to get the past performance of a mechanical trading strategy. You would execute the strategy on a ...
- danielfppps replied Sep 1, 2010
Hello Craig, Thanks a lot for your follow-up I am glad you are interested in what I have to say. Definitely I want people to see that analysis is not something that is exclusive of automated trading and mechanical strategies but something that ...
- danielfppps replied Sep 1, 2010
I did this statistical analysis a few months ago but I did see evidence of differences between the different time frames with a tendency of the higher time frames to have a different behavior. However I will repeat this to take into account the ...
- System Analysis for Successful Trading
Hello Everyone, First, thank you very much for taking the time to read what I have written I ...
- danielfppps replied Sep 1, 2010
Well, I don't believe there is such thing as crossfire, there are facts and opinions and if we work on facts we arrive at the truth. I say something, you say I'm wrong, you show me why with evidence and I can rethink, reanalyze what I said and ...
- danielfppps replied Sep 1, 2010
Indeed, I see your point is made pretty clear with the Q-Q Plot. I made a very strong statement and I was wrong in doing so, definitely there is a strong degree of kurtosis as shown in your chart. However do you believe that the larger time frames ...
- danielfppps replied Sep 1, 2010
Finally as this thread is about the inherent randomness of the market and the actual efficiency of forex currency pairs I want to share with you a study that looks into this and gives us some insight into the trading on the lower time frames. ...