Recent content by CLkiller

I hate to hijack this thread but since you are implying (knowingly or unknowingly) that I belong to the "clueless" camp, let me explain my take on the subject of backtesting a little further. Even though I do not backtest anymore (I did in the past), let me first say that backtesting is not...

Yes Yes Yes No. Backtesting is worthless IMO, because past performance is not indicative of future results.

I do not scalp exclusively but scalping is an integral part of my strategy. The concept of scalping seems like a sure fire way to quick and easy profits but there is a lot more to it. The risk to reward is often 1:1 so there is not that much room for error. The premise behind scalping is...

Why knock the guy for trading just 1 market? Let him do his thing. I may not disagree completely, I myself trade 8 different products, however, I specialize in CL and more than 90% of my activity is done trading the crude. If the OP chooses ES only, it may not be a bad thing, my guess is, he's...

Hey BYoung, I am the one (like you). I've been in IT for 20+ years. I have a couple more years on you. I'm assuming you came up with that 150k figure because you're looking to replace your current income from a job. First off, that's wrong thinking as many posters already mentioned. Do I think...