Recent content by ResonanceFx

Oops, sorry guys, wrong forum

Who said i'm a "great fund manager" ? Its already quite pathetic how childish you behave, but on top of that you need to build up straw men to attack. Dont make up nonesense. As for "silly questions on chat forums", what do you think chat forums are there for? For those of us who are not...

I'm not interested in arguing with you, I'm here to get some insight into the question of track-records as to whether they are simply a matter of time traded, or does sample size matter more (ie # of individual trades executed). The answer to that question dictates how much money I invest...

You are correct but also completely wrong. You are correct that "projections" are meaningless for future results. Thats obvious. I dont need a lesson in that. But you are wrong in that you dont understand i'm just providing a rough estimate based on backtested data. Its true that history does...

Thanks for the tips guys. I was debating what route to take Route 1 : Trade with more leverage and try to ramp up my own account quickly. I have 23k to trade with. End of Year 1: 40k (~100% return) End of Year 1: 80k (~100% return) End of Year 3: 160k (~100% return) Pros: Fast money...

I guess the best way to realize what is going on with topsteptrader is to think about the following: Imagine you are a trader who is trying to raise some money from investors. Picture the following conversation: You: "I'm a trader, Can you invest 1 million dollars with me" Investor: "A million...

Hi Scalper Joe, Thanks for your reply. Ill try to address some of the main points. Thats true, but I dont think it is really a plus. If your not allowed to open a $1,500 account, theres a reason for it. Because the minimum contract sizes cannot be traded using such a tiny account. It doesnt...

Makes sense. Thank you.

Thanks for the reply, but what about for a swing-trader? A long term swing trader might take 30 trades in a year. A day-trader might take 30 trades in a day. Is 30 trades (producing a 12 month track record) really enough to indicate competency/winning system? My mind is kind of stuck in the...

Hi guys, I have a problem I need some advice/assistance on. It has to do with gaining confidence in a trading strategy when there are not enough data points. I've back tested over 50 systems and taken a little something the best performing ones. Right now the system I've been working on seems...

Your talking about using leverage. Leverage is just a tool you can use if you have an edge. Just imagine there is no leverage. Your trading purely the equity you have in your account. (eg you have $100,000 USD in your account, and you only take positions of 100,000 or less, so that you dont...

One interesting thing about poker vs trading related to the recent online poker debacle.Basically Sheldon adelson (the satanic casino mogul who meddles in U.S politics) wanted to shut down online poker. The debate came down to whether or not poker is a game of skill or a game of chance. The...

I've never taken the combine. I was researching topstep stuff for a few months and really excited about it. Listened to all 100 or so funded trader interviews they have on youtube. I just got more and more excited listening to people talk about things like leaving their careers to join topstep...