I was thinking about my trading and when I have tended to do better or worse. And, it is apparent to me that I did better when I had stronger feedback loops that helped me to develop good insights and edge into the market. And, I have did worse when I have not maximized my […]
Continue readingWalk forward optimization has the potential to be an excellent way for both verifying and optimizing trading systems. However, in practice, most retail trading platform WFO implementations today have limitations that limit their ultimate value: 1. Markets are so efficient that systems may need to be reoptimized on a very frequent basis. It is not […]
Continue readingI have recently moved from developing in Tradestation to Multicharts. I am still trading through Tradestation but I have moved my development to Multicharts. Why? Because simply Tradestation won’t update their software. It is built on a very antiquated 32 bit architecture that cannot use the 64 BIT multi-core benefits of modern PC’s. Multicharts is […]
Continue readingTraditionally developed trading systems are made of up of rules. A common example, would be a moving average cross over system that buys when a fast moving average crosses above a slow moving average. The downside to developing a system with the “rules first” approach is that it is not unlikely that whatever results the […]
Continue readingIf you are of the mind that Bitcoin could replace or equate to gold, it makes sense to hold a portion of whatever you allocate to gold in Bitcoin. The natural ratio is Bitcoin market cap/gold market cap Right now, that’s around 685 Billion/9 Trillion (estimated) which yields around 7% to 8%. This ensures if […]
Continue readingGraybox Trading , Markets , System Trading , Trader's Mindset
Sometimes traders struggle with making any profits, and I have been there. But, if you have some edge then it tends to not be hard to make a profit over some period of time: days, weeks, months, or even a year or two. What makes trading hard mathematically is you have to keep the profit […]
Continue readingGraybox Trading , System Trading
For traders and investors who believe that Bitcoin may offer a long term value store but who also seek to take advantage of timing opportunities, and manage their risk: the question of risk needs to be addressed. If a trader is looking at it as a portfolio trade, I have found that adding as little […]
Continue readingI have been trying to think about the value of Bitcoin and where it comes from. It certainly doesn’t come from the source code which is open source: though the code is a perquisite without which it couldn’t exist. One way to think about the question is to rephrase it as what properties might we […]
Continue readingI wanted to take a look back at trading platforms August, 2020. I have primarily been a Tradestation and NinjaTrader user. To date, these platforms have been the most powerful for backtesting and serious futures trading. While both platforms are invaluable, I have serious problems with both and support has not been responsive. Problems I […]
Continue readingWhile desktop trading platforms cannot yet be completely replaced, web based trading platforms have been getting better and better. I wanted to take give a preview of a few that I have tried recently. TradingView Key Strengths: Awesome looking charts Great multi-market, multi-product layouts Wide variety of supported markets Growing multi broker support (Tradestation, AMP, […]
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