Recent content by CME_Trader

what's 10 day rule at TST?

what what's your entry timeframe ?

with risking 2 % , you may have 20 times of loss in a row and you'll see half of your equity is melted . risking even less than 1 % (say 0.5% is a better choice .(you make enough roam for 100 losses in a row) . i think above all , backtesting thousand of samples is a better way . then you would...

scalping a few points is the hardest trading setup . if you include possible slippage & commission ,scalping is not suitable for most of traders unless they have a "high winning percentage " system .otherwise they will not survive

what kind of statement/parameters they need in order to find those rare traders ?

huge amount of backtesting, say at least a few thousand samples in different years and different volatility range is the key answer .you can understand how good is good and how bad is bad only by observing historical data .it takes a huge amount of time .maybe years !

that's right.but i still i wonder how they will handle "slippage" of crude in higher lots .CL & NQ are best for directional trend traders.the ES is suitable for chop traders & accepts huge size .

China had vast governmental investment in African countries for access to raw material which is new age colonization .in near future China & India will be ahead of western world in terms of economic wealth and growth .as a result, the countries who provide China with raw material like Australia...

i wonder why many of TST traders choose CL initially, while it may be a suitable instrument for one or two lot trading but i think it would be problematic in higher lots like 10 or more. the trader will encounter a lot of slippage .in one of Micheal Patak's interviews he said one of funded...

are u kidding ? 1 tick chart :)

Thanks for wise answer .automating is my next few years target .however my method is not going to be automated easily because identifying pullbacks is subjective

Handle123, i have a trading system with 85 % winning rate (40 % profit trades & 45% break even trades with +1 ticks of profit ).it produces only 18 signals per trading month on 2 minute chart of CL.it's capable of generating 3000$ per 1 lot in CL where each profitable trades is +400 $ and each...

when i was a amature in trading in the occurrence time of Tsunami , i did a short sell trade on Japanese Yen ,but it had a sharp bullish trending movement . when it comes to Tsunami however it destroys infrastructure and as it turns out currency value should decrease but in reality it means...

Handle123,using "thrust bar" is more related to criteria to entry point . you always said you have 2 rules for entry and 10 rules for money management (which i think means after entry) .finding enough backtesting (a few thousands samples) can show us "optimum" entry points as well as "optimum"...

what other money management concepts are present there ?