I'm not sure if I'm allowed to post links to other sites but on the subject of system development. The best post on this site IMHO: url An old classic: url My inspiration: url

Indispensable Posts of FF

You must go beyond a vague set of trading cliches such as 'cut losers' or 'sell into resistance' (ask of a definition of resistance and you will get as many answers as people asked), you need a clear, rock solid set of conditions for entry, trade ...

What Are Your Trading Rules?

The main system is Ubuntu, the Laptop is running XP. No fancy charts I'm afraid, all the actual trading is done on a hosted Ubuntu server.

Show your workstation!

LOL, to be fair, glib answers aside (the OP has taken this all in good humor), this topic has been done to death in other threads, everyone has their own favorite metric (DD, Win %, Profit Factor, Sharpe, Lack of Ego...). To restate what I think is ...

Defining who is a better trader...

Use the Force, Luke. Let go, Luke. Luke, trust me.

Defining who is a better trader...

The question is meaningless, they are both fantastic traders if they can do that over the course of a year, a better question is 'can they do it year after year'?

Defining who is a better trader...

To change the subject a little, does anybody have any experience with http://wl4.wealth-lab.com/cgi-bin/WealthLab.DLL/getpage?page=Top25.htm There are strategies listed which have done very well according to the page, yet I assume this is paper ...

Systematic trading

At the risk of stepping on some toes there are strategies which benefit from no stop losses, but anybody who tells you that they are only using stop losses for directional bets that are in the green...umm how do I put this? I would think long and ...

POLL: Do you use stops? If so, how large?

Most people I know (and myself) use volatility adjusted stops, timed exits are also apparently good, though I haven't tried this for myself yet.

POLL: Do you use stops? If so, how large?

All valid points, keep in mind however that the 'price' also plays similar tricks in terms of fake-outs etc.

Systematic trading

It's the U.S. summer, happens every year, pull up a long time-frame chart and stick an ATR on it. You can see the volatility is better though the U.S. winter. So (fingers crossed) we should get some more action over the coming weeks, because the ...

When would we get out of this boring range?

I just wasn't very systematic with my approach, it was my first attempt at a NinjaTrader strategy so much of the time was spent learning the platform (and arguing with NinjaTrader support over bugs). By the time I had it going I had realized that ...

Systematic trading

Normally I won't respond to such an idiotic post, but I hate it when people post bullshit. Try Googling 'D.E. Shaw', 'Ed. Thorp' or 'Automated Trading' (first hit), have I provided enough examples for you to pull your head out of your ass yet?

Are the best systems also the systems that fail most spectacularly?

Sounds good to me, I remember writing the same type of code. Once you start to think about it, the whole sequence is rather subtle. I used to compare my results with MT4 set to 'open prices only' with the same data for debugging.

Systematic trading

So you only open trades on the open (or close) of each candle (and also evaluate stops at the same point I assume)?

Systematic trading

More Ed Seykota 'Humor'. video

The Ed Seykota Interview in "Market Wizards"

A little bit, some of them have blown up in the meantime, so my estimation of those particular 'wizards' has obviously gone down somewhat. But overall I think the book(s) are great inspiration.

The Ed Seykota Interview in "Market Wizards"

Are you adding in commission, slippage etc?

Systematic trading

How are you selecting the final algo? is it the fittest of the final generation?

Systematic trading