Thursday, June 30, 2016

NinjaTrader Webinar

Thank you Ninja Trader and Shark Indicators!!!

A Great Webinar Today!


Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

Saturday, June 25, 2016

Friday, June 24, 2016

U.K. Prime Minister to Step Down After Brexit Vote

Vote to Leave the EU: BRITAIN VOTES FOR INDEPENDENCE!

Vote to Leave the EU: BRITAIN VOTES FOR INDEPENDENCE!: The United Kingdom has voted to leave the European Union. We've done it. When we leave the EU we will at last create the condi...

Largest 1 Day Drop in History for the Pound

This was the start of the selloff when 1.5000 did not hold and the first results came out for the leave vote



Friday, June 17, 2016

Magic Charts



A few hours after I made the video, Gold finally made it back up to the Upper Deviation VWAP level.  Magic.


Saturday, June 11, 2016

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.

Weekend Review

Weekend Review



Tuesday, June 7, 2016

Volatility Breakout Strategy for Gold

Volatility Breakout Strategy for Gold


RISK DISCLOSURE:  Futures trading contains substantial risk and is not for every investor.  An investor could potentially lose all or more than the initial investment.  Risk capital is money that can be lost without jeopardizing ones financial security or life style.  Only risk capital should be used for trading and only those with sufficient risk capital should consider trading.

Past performance is not necessarily indicative of future results.

CFTC RULE 4.41 HYPOTHETICAL PERFORMANCE DISCLAIMER:

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW.

NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN; IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.

ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK OF ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL WHICH CAN ADVERSELY AFFECT TRADING RESULTS.   

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No part of this website may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning or otherwise, except under the terms of the Copyright, Designs and Patents Act 1988 or without express written permission of the author.


Sunday, June 5, 2016

All that Glitters Is Not Gold

Check out this new paper on SSRN.  All that Glitters Is Not Gold:  Comparing Backtest and Out-of-Sample Performance on a Large Cohort of Trading Algorithms

It seems that everyone backtesting algorithms are simply wasting their time, as it is just an exercise in optimizing their results, which doesn't work!  Sharpe ratios also are no good.

What does work?  Higher order movements (like volatility and maximum drawdown), show significant predictive value of relevance to quantitative finance practitioners.  Higher order movements.  Hum.....  I wonder if I am on to something..... Like Directional Trading using Volatility.....

Download the paper here:  http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2745220

Friday, June 3, 2016

Commentary is opinion only and should not be considered specific investment advice. Futures trading contains substantial risk and is not suitable for every investor. See the full Risk Disclosure on this website.