|
PureBytes Links
Trading Reference Links
|
Check it out at http://www.compuvision.com.au/
You generate the trade signals for the portfolio in Metastock and then
export them to TradeSim where the signals get processed and analyzed. You
can do fixed, % or volatility based position sizing. Only problem is that
the Enterprise version (Monte Carlo, very cool) is pricey. There is good
forum level support.
Best
Andrew
-----Original Message-----
From: equismetastock@xxxxxxxxxxxxxxx [mailto:equismetastock@xxxxxxxxxxxxxxx]
On Behalf Of chichungchoi
Sent: Thursday, April 20, 2006 7:57 PM
To: equismetastock@xxxxxxxxxxxxxxx
Subject: [EquisMetaStock Group] Re: Expectancy Vs Money Management
Hi Andrew:
Does TradeSim provide a tools for analysing the equity curve?
How many types of position sizing techiques does it include?
Will the code for programming TradeSim be the same as the code for
Metastock?
Thank you for your suggestion
Eric
--- In equismetastock@xxxxxxxxxxxxxxx, "Andrew Tomlinson"
<andrew_tomlinson@xxx> wrote:
>
> Eric
>
> The only way you can do this satisfactorily is to do portfolio
backtesting
> with a variety of position sizing rules and see what works for your
style of
> trading. A program like TradeSim can do this well, and then you
won't have
> to guess any more. Just remember to keep it simple so as not to
mess up your
> degrees of freedom.
>
> Personally I find volatility based position sizing works well.
>
> Andrew
>
>
>
> -----Original Message-----
> From: equismetastock@xxxxxxxxxxxxxxx
[mailto:equismetastock@xxxxxxxxxxxxxxx]
> On Behalf Of chichungchoi
> Sent: Thursday, April 20, 2006 6:29 AM
> To: equismetastock@xxxxxxxxxxxxxxx
> Subject: [EquisMetaStock Group] Re: Expectancy Vs Money Management
>
> Thank you for your reply
>
> As you suggested, there is a complicated relationship among reward,
risk and
> position sizing.
>
> Which approach will be better to balance between risk and reward?
> Should I compare Expectancy [Reward] vs Max. Drawdown [Risk] or
Profit
> [Reward] vs Max. Drawdown [Risk]?
> Do you have a better selection to balance between risk and reward?
>
> If I get a group of indicators and test each of them to determine
their
> reward and risk levels, the purpose is to select the most
appropriate one
> for existing situation. Ideally, high expectancy will increase the
chance
> for profitable trading, and low drawdown will increase the exposure
of
> position sizing.
>
> Do you have any idea on how to balance among three factors in order
to get
> the most benefit from trading strategies?
> Reward, Risk and Position Sizing
>
> Do you have any suggestion?
> Thank you
> Eric
>
Yahoo! Groups Links
------------------------ Yahoo! Groups Sponsor --------------------~-->
GFT Forex Trading Accounts As low as $250 with up to 400:1 Leverage. Free Demo.
http://us.click.yahoo.com/lpv1TA/jlQNAA/U1CZAA/BefplB/TM
--------------------------------------------------------------------~->
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/equismetastock/
<*> To unsubscribe from this group, send an email to:
equismetastock-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|