As for stock index futures, I have found it useful to consider them as behaving with both random and non-random movements. The key I believe, is that the shift from random to non-random is not random.
Good luck to all. This will be the final post to this thread.
The graph shows the monthly P/L for the system since it was posted in September 2004.
<img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=856601">
This will be the last post to this thread.
The graph shows the monthly profit or loss since the system was posted September 2004.
<img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=856601">
LMAO. I agree completely. Its a shallow attempt to create an edge for seatholders and members. The problem of overutilization of bandwidth will otherwise be self correcting. Latency caused by bandwidth restriction would probably cause executions to occur on orders that are trying to cancel. That...
I agree that the "stupid" system has no edge. That does not prove anything about finding an edge in the ES market.
The system below has a 1:1 risk vs reward factor. The back test is from 1997 to present. It has a stoploss of $200 and a profit target of $200. You can see that it produced winners...
Here's a screenshot of the performance report of my "GOOG daytrading system". Its based on IB's commission rates and 1000 shares per trade.
<img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=795398">