Forum: Psychology and Money Management
October 27th, 2011, 03:47 AM
|
|
Replies: 75
Views: 20,152
Back testing often results in curve-fitted...
Back testing often results in curve-fitted systems. That is your system is perfectly adapted to the past, but not the future. Ideally you would want to test your system on tomorrow's data but I have...
|
|
Forum: Psychology and Money Management
October 25th, 2011, 09:32 AM
|
|
Replies: 75
Views: 20,152
Small is relative to two figures: Account size...
Small is relative to two figures: Account size and average win. And you have to take current market volatility into account: you have to adjust your stop width to that. With a small account you will...
|
|
Forum: Psychology and Money Management
October 25th, 2011, 03:59 AM
|
|
Replies: 75
Views: 20,152
I once read a paper wherein a large company (I...
I once read a paper wherein a large company (I think it was Refco, but I'm not sure about it) tried to characterize their successful own-desk traders. They identified two types of traders. Type A had...
|
