Search results

This is probably the biggest hurdle in trading. Normal draw downs are longer and deeper than most new traders are prepared for emotionally and financially.

There are many aspects to consider when comparing all in/out vs scaling strategies. Scaling can help counter some of the variance of trading and smooth out the equity curve. This can potentially cut overall risk allowing for more leverage and more consistent compounding of returns which...

er2 is around 300K a day. Hard to gauge TF since volume is increasing very fast. Just a few months ago, TF volume was less than 500 a day. Currently, the front month contract volume is +10K a day. Should really pick up late Aug/Sept...

I love trading this as well and find it easier to trade than ES, NQ and YM. Volume is starting to pick up on ICE and with the IWM (R2K ETF) consistently being in the top 10 ETF volume wise, I can't image this index is just going to fade away. I'm remaining confident that TF (mini version)...

Oh I know. And the majority of big traders who are still on top have blown out on more than one occasion using that strategy. I'm more risk adverse, so I will probably will never do it that way, however I won't say that it is none sense because it has made some traders a fat load of cash...

Nobody knows for certain if they will be profitable tomorrow. If I didn't think I had a reasonable chance to be profitable then I would not be trading. My objective is to grow my trading account the best I can without blowing it out. Since I have a seperate source of income for living...

Simulated profits = no real risk and best of all... no taxes baby :-)

It is impossible to know when a system is just in a bad drawdown period or if it is going to fail completely. All we can do is make a plan to allow the system to have a fighting chance to make a comeback without hitting critical drawdown (blow out). Once it hits that critical drawdown it is...

This is something that can be avoided by scaling down the system at a certain point. What I do is estimate the max drawdown over a certain trading period, then scale down the system when that point is hit. Scaling down works great and does a good job keeping a system alive long enough to make...

Thanks. Like I said, I agree with you 100%, so I'm not offended and it was my fault for not being more descriptive with my previous post, plus it does look like I'm hyping my system.

That looks like a great resource and might be exactly what I'm looking for. Thank you very much.

Appreciate your message, I really do. It shows some of the realities of system trading and well trading in general. I agree 100% with what you say! I'll be the first to admit, that I don't think that the system could sustain 200% returns after a certain point. I know exactly what you mean...

I'm a programmer / trader and love developing trading systems. And yes, I'm well aware that this does not make me anything special. I'm looking for a forum/resource that has other serious developers, the kind that have taken the time to write their own program, so they are not tied down to a...

Oh so skeptical, but think. 200% can seem amazing, but it is not really that much. It will NOT make anyone super rich... makes some decent cash, but rich... no. You would have to trade so large it would actually effect the system, to make it up there with Bill Gates any time soon.

I knew, I knew, I knew it. I'm so special, all hail me!

I'm a programmer and trader. Coded my own system in Java from the ground up and love developing completely objective systems that I feel are well back tested and based on sound trading logic. I have calculated slippage and commisions into each trade. Right now my best system is making 50%...