Comments for The MarketDelta Blog http://www.marketdelta.com/blog A repository of information that records ideas, strategies, news, & updates. Our hope is everyone can learn and profit from the ideas and comments shared. Enjoy! Wed, 23 Mar 2011 15:28:36 +0000 hourly 1 http://wordpress.org/?v=3.2 Comment on “Initial Balance” Rotation Strategy: Part 9 – Optimization by Andrew Stoeckley http://www.marketdelta.com/blog/2011/03/rtl/%e2%80%9cinitial-balance%e2%80%9d-rotation-strategy-part-9-%e2%80%93-optimization/#comment-1742 Andrew Stoeckley Wed, 23 Mar 2011 15:28:36 +0000 http://blog.marketdelta.com/?p=1751#comment-1742 Hi Gary, Optimization is good only for generating ideas, but you are right that it shouldn't be taken too literally. As we'll see in a future post in this series, you can also do a "walk forward optimization" which simulates how you would have altered a strategy in the past based on optimizations, and then changed the settings for a set period, traded off those optimized results, then re-optimized later and repeated this process... in this way, you can in fact backtest based on how you would have altered a strategy in the past, which can be the most revealing of all. Hi Gary,

Optimization is good only for generating ideas, but you are right that it shouldn’t be taken too literally.

As we’ll see in a future post in this series, you can also do a “walk forward optimization” which simulates how you would have altered a strategy in the past based on optimizations, and then changed the settings for a set period, traded off those optimized results, then re-optimized later and repeated this process… in this way, you can in fact backtest based on how you would have altered a strategy in the past, which can be the most revealing of all.

]]> Comment on Anticipation or Prediction? by Trevor Harnett http://www.marketdelta.com/blog/2011/03/user-tips/anticipation-or-prediction/#comment-1744 Trevor Harnett Tue, 22 Mar 2011 18:00:57 +0000 http://blog.marketdelta.com/?p=223#comment-1744 Good stuff! Thanks for those links. Good stuff! Thanks for those links.

]]> Comment on “Initial Balance” Rotation Strategy: Part 9 – Optimization by Gary http://www.marketdelta.com/blog/2011/03/rtl/%e2%80%9cinitial-balance%e2%80%9d-rotation-strategy-part-9-%e2%80%93-optimization/#comment-1741 Gary Tue, 22 Mar 2011 17:55:59 +0000 http://blog.marketdelta.com/?p=1751#comment-1741 hmmm tricky but I tend not to optimize because what was true yesterday will not be true tomorrow and what is true tomorrow was not true yesterday so optimization is not very beneficial. hmmm tricky but I tend not to optimize because what was true yesterday will not be true tomorrow and what is true tomorrow was not true yesterday so optimization is not very beneficial.

]]> Comment on Anticipation or Prediction? by Andrew Menaker, PhD http://www.marketdelta.com/blog/2011/03/user-tips/anticipation-or-prediction/#comment-1743 Andrew Menaker, PhD Tue, 22 Mar 2011 16:11:10 +0000 http://blog.marketdelta.com/?p=223#comment-1743 Trevor, Excellent write-up on the important distinction between prediction and anticipation. As an active trader and someone who works with other traders, I often see traders attempt to use 'prediction' as a way to deal with the inherent uncertainty of trading. The job of a trader is never to predict, our job is to look for opportunities and manage risk. The way to do that is to develop hypotheses and pre-define a risk level that says the hypothesis is wrong. And, like you said, it is very true that developing the ability to anticipate takes more work then making a prediction. That is one of the issues that holds traders back from improving. I wrote a few pieces on this topic http://bit.ly/bgWULm http://bit.ly/cYWNyn http://bit.ly/c7y8nW http://bit.ly/eQ0VS2 Andrew Menaker, PhD www.andrewmenaker.com popdoctrader on twitter Trevor,

Excellent write-up on the important distinction between prediction and anticipation. As an active trader and someone who works with other traders, I often see traders attempt to use ‘prediction’ as a way to deal with the inherent uncertainty of trading. The job of a trader is never to predict, our job is to look for opportunities and manage risk. The way to do that is to develop hypotheses and pre-define a risk level that says the hypothesis is wrong.

And, like you said, it is very true that developing the ability to anticipate takes more work then making a prediction. That is one of the issues that holds traders back from improving.

I wrote a few pieces on this topic http://bit.ly/bgWULm http://bit.ly/cYWNyn http://bit.ly/c7y8nW http://bit.ly/eQ0VS2

Andrew Menaker, PhD
http://www.andrewmenaker.com
popdoctrader on twitter

]]> Comment on Viewing “Large Lot” Traders with the FPBS by Andrew Stoeckley http://www.marketdelta.com/blog/2010/11/footprint-chart/viewing-large-lot-traders-with-the-fpbs/#comment-1663 Andrew Stoeckley Fri, 04 Mar 2011 20:06:44 +0000 http://blog.marketdelta.com/?p=1218#comment-1663 You can drag any pane to another pane by grabbing the pane's title bar with the mouse and dragging it up or down. If you do not see the pane title, then you can right-click within that pane and click Show Pane Title, then grab it with the mouse and move it. You can drag any pane to another pane by grabbing the pane’s title bar with the mouse and dragging it up or down. If you do not see the pane title, then you can right-click within that pane and click Show Pane Title, then grab it with the mouse and move it.

]]> Comment on Viewing “Large Lot” Traders with the FPBS by azi http://www.marketdelta.com/blog/2010/11/footprint-chart/viewing-large-lot-traders-with-the-fpbs/#comment-1662 azi Fri, 04 Mar 2011 19:57:39 +0000 http://blog.marketdelta.com/?p=1218#comment-1662 thanks it is clear how can i chang the location of the indicators thanks it is clear how can i chang the location of the indicators

]]> Comment on How to Interpret the Footprint® Profile by Trevor Harnett http://www.marketdelta.com/blog/2007/06/footprint-chart/how-to-interpret-the-footprint%c2%ae-profile/#comment-239 Trevor Harnett Wed, 09 Feb 2011 17:29:44 +0000 http://blog.marketdelta.com/?p=111#comment-239 Fixed http://blog.marketdelta.com/?p=111 Fixed http://blog.marketdelta.com/?p=111

]]> Comment on How to Interpret the Footprint® Profile by dstrader http://www.marketdelta.com/blog/2007/06/footprint-chart/how-to-interpret-the-footprint%c2%ae-profile/#comment-238 dstrader Sun, 06 Feb 2011 22:10:20 +0000 http://blog.marketdelta.com/?p=111#comment-238 Trevor, The 2 pictures in the bottom still can not be seen (amplified). I tried in 2 different browsers. Thanks. Trevor,
The 2 pictures in the bottom still can not be seen (amplified). I tried in 2 different browsers.

Thanks.

]]> Comment on Chart of the Week – Auction Market Theory Order Flow by Andrew Stoeckley http://www.marketdelta.com/blog/2011/01/footprint-chart/chart-of-the-week-auction-market-theory-order-flow/#comment-1681 Andrew Stoeckley Wed, 02 Feb 2011 16:34:41 +0000 http://blog.marketdelta.com/?p=1518#comment-1681 Hi Rafael, If you are new to MarketDelta, you can get a Trial using the Trial Form after clicking the "Home" button above, then going to the Products menu. Additionally, at the top of this article are some good educational resources for learning more about auction market theory. On our Education page, Some of our 3rd-party trainers also work with auction market theory: http://www.marketdelta.com/3rd_Party_Training Hi Rafael,

If you are new to MarketDelta, you can get a Trial using the Trial Form after clicking the “Home” button above, then going to the Products menu.

Additionally, at the top of this article are some good educational resources for learning more about auction market theory. On our Education page,

Some of our 3rd-party trainers also work with auction market theory:

http://www.marketdelta.com/3rd_Party_Training

]]> Comment on Chart of the Week – Auction Market Theory Order Flow by Andrew Stoeckley http://www.marketdelta.com/blog/2011/01/footprint-chart/chart-of-the-week-auction-market-theory-order-flow/#comment-1680 Andrew Stoeckley Wed, 02 Feb 2011 16:32:20 +0000 http://blog.marketdelta.com/?p=1518#comment-1680 Hi Lev -- You can switch the symbol in this chart as you would any other chart. You just need to enter the symbol. For some tutorials about chart modifications, such as symbols, check out our new Quick Start videos: http://www.marketdelta.com/quickstart/ Hi Lev — You can switch the symbol in this chart as you would any other chart. You just need to enter the symbol. For some tutorials about chart modifications, such as symbols, check out our new Quick Start videos:

http://www.marketdelta.com/quickstart/

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