look inside bar is not a magical function. It only works if tradestation actually has the data stored to make that fucntion work. Tradestations doesn't have such data pre-2003, so really, using look inside bar on time series before 2003 is a basic ...

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there are tons of "standard" ways that are simply ways of saying "it's not my fault if the shit hits the fan".(VAR comes to mind) I'm just saying, if your win/loss % is decent enough, drawdowns don't matter, because there's no way you can prevent ...

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err I'm quite aware that a drawdown by defination is a cluster of bad trades. The point is, if any method is able to remove these clusters, it implicitly means they can anticipate bad trades, in which case...they should be taking the opposite ...

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I should add in here that when deciding a strategy to use, the drawdowns aren't the ones you should be looking at. If we take the position that you have a certain edge with a system and winning/losing is a probability based on that edge, drawdown ...

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If I'm not wrong, people using ONS had an extremely ugly day yesterday

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onward then! giraia, i'm not sure what you're asking

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so we actually going to discuss joel's strategy in a place no one can see, or just hang out? lol

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I won't deny that I've been looking for people to discuss about Joel for some time now, and this provided me an outlet for it. But really, this isn't highschool anymore, and I'm not too concerned how many people vouch for me.

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I wasn't aware this was how the rules were intepreted. my bad

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Have you ever tried joining a similar contest? These things usually reward the WORST money managers. There is no second place, so everyone shoots for the gold. You don't get placed if you do the boring "correct" trading. Your only chance is to ...

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I'm pretty sure you've been reading the ending without reading the introduction. I haven't read the post in question, but I'm guessing it's a trend following bias variant.

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True. I don't think it's the computers doing it though. Just more and more people contributing to the prize pool.

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have you added in the commision/spread? gah i'll need to log on at work to get my graphs I'll see if i can post something tommorow By the way, the major beef I have with Joel's methods isn't that they aren't profitable. They are....but only in the ...

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I think we're confusing each other with our lingo here. By fixed size, I mean I take a fixed size for every trade(I use 2% of my initial account as that size). By geometric, I mean you update the size every time a trade completes so you always risk ...

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you didn't misunderstand me, i made an error. EV just means expected value. What I SHOULD have said was that with constant EV, the kelly formula will return a constant, which would be your equity multiplier(for better or for worse). In this case, ...

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He can't be using kelly. Because he (claims to) follow his system perfectly, every one of his trades have a pre-defined EV. The kelly system being fed this EV(which is a constant) will return a constant trading size. Thus, if he's using kelly as his ...

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please don't. Just scroll down to the bottom of the page and read the paragraphs in red.

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you need to be on his mailing list to get info for his meetups also, i seem to have misquoted his price for his algo url he apparently charged the company 17k, not 10k. Didn't double check before I post. My bad.

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He charges $$ for his seminars. Also, you apparently can't replicate his results(this is from his blog) unless you have his money management system(hint, hint). He allegedly sold it to a company for 10k. So yes, he does sell stuff.

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I think what tdion means is, we've already proven the long term results from FSP are fudged. They've only been working for a very short time. This does not mean that the strategy works. This means it could very well be luck(it also doesn't mean it ...

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