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kut2k2, just ignore Covel. He's selling something that he doesn't actually believe in. Sort of like a used car salesman.

Current closed equity : $19530 Results are quite poor, down over 20% over 2.5 months.

I was on vacation for some of July and early August. Closed equity at end of July : $21343

Mtrader, are you a short term trend follower?

:D No need to take a subscription, just click on that link every day!

Interesting... I really think that you have to use a strategy that fits current market conditions to make money in the markets. Long term trend following is just too slow to adapt. I understand what kut2k2 says about changing parameters, but i still think that is too slow to do, given that LTTF...

Naked girls are on page 3, not page 6 see http://www.page3.com/sol/homepage/page3/

being a bit harsh here. maybe 5k min is too much. but a couple of grand definitely.

John Henry did that. He increased his look back period. Didn't seem to help much.

The succinct answer as to why the turtle trend following system no longer 'works' is that the markets are always changing, but the system does not adapt to change. It will 'work' when the markets start following the turtle playbook again (when that happens is anyone's guess). Until that occurs...

corrected for you.

Please, it's a waste of time, my friend. Ask friends and family to give you money. Or maybe a second job. You need minimum balance of £5k.

How much capital is this based on (approx)? Also, why 3 different results in 2009 and 2010?

Well done wwatson1 for making 100%+ in a year. Unfortunately, the base capital was £500, which tbh is not meaningful. No allocator is going to say, hey you made £500, 100% in a year, i'm gonna give you a million to trade.

i took up barclaycard's bank transfer offer of £11k, 0% interest, but 1.4% fee for a year. Any chance you can do something similar with a credit card?

Do u make the bulk of your living from trading or from "communicating about the markets"? Is the communication business some sort of tipsheet?

The average professional footballer does not play in the Premier League. The average pro tennis player doesn't win grand slam tournaments. The average investor in anything probably loses money over time...the average hedge fund is probably the same. So who cares about the average?

Yes, i think that might be best for you.

read druckenmiller's speech is the best advice i can give.

no, i really meant the risk being 150%!!!! i think i would do maybe 20% risk on a trade if i had huge conviction on it.