Recent content by Swedtrader

Since July 10, the system has been wipsawed several times resulting in drawdowns of 6000 on a one contract basis. Far too much. The capital required to trade it must be much more than the 5600 Rich Tokheim says is the required capital. You will need at least the double of that. I am glad that...

The short position closed out on June 1 @ 730. Trade profit 2500 A long position was established on June 29 @ 712. Market profit ca 1800. Total profit, on one contract, today is 4300 Will make a new positing when position is exited/changed

The system correctly signaled a short entry on the E mini Russel 2000 on May 12 @ 755. Still in the position. The open position profit on one contract is now 3800. I will do a new posting when this position is exit and/or a new position is established.

It is a simple system with very few parameters combined with money management rules. Looks very practical and with a hands-on usable trading plan. Fully disclosed rules. I like the concept of keeping it simple. It is my experience that the challenge is not in designing a profitable system -...