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    How is this for a strategy since 95% of tradres loose

    This would only work if you both opened AND closed your positions at the same time as the other trader. But the pyschological difference between holding a losing position and holding an identical in all (except direction) winning position means that you will probably never treat the 2 the...
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    100% foolproof YM/DJI system

    I think you should backtest this system from Mar 2000 to Dec 2003 to see just how deep your pockets need to be.
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    Can you develop a winning FX system?

    Now you're adding in extra requirements!! As you requested: my system works over the last year - however the drawdown is about 99% (on one trade) and I would predict you'll lose the lot trading it outside the optimised time period. There's also the small matter that the back-testing didn't...
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    Can you develop a winning FX system?

    If it's only 1 years back test you require I can supply you with an aggressive highly optimised RSI or schotastic indicator driven system that would have made you 10,000%+ on your capital last year. Can I have my money now?
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    Black Scholes vs implied volatility tree

    Can't speak for all institutions - but here they use Black-Scholes for European options and binomial trees for American. However these are just the defaults - systems here allow the managers to price using a variety of methods.
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    holding winners longer, while keeping losses tight

    This is a really hard one because it's always easier to say with hindsight - I should have held onto that one. My worst fault is that I always hold on to them too long! Only when the trend has changed do I cash it in and sometimes I've given up a significant proportion of the profit. So...
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    Is fully automated trading a fantasy? Your opinions here

    *Sigh* There's a lot of generalisation and "yes it does work if it's done right" type comments but very little to back it up. And as to the comment I don't know anything about system development - I have worked in several banks in the algorithmic trading sections - and NOT ONE OF THEM uses...
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    Is fully automated trading a fantasy? Your opinions here

    I spent a lot of time looking at developing an autoFX system. I found that I could create a system that generated over 600% profit in one year through optimisation. But try it on another year and it would lose anything up to 90%. So you de-tune your system and eventually you end up with one...
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    Your experience as a beginner in C++

    I'm a professional C++ programmer writing trading/risk systems for a bank, and I can tell you now that I think you've picked the most difficult language to start on! C# is very much the flavour of the moment, so I would reccomend you start with that - it's a far simpler language to master...
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    How'd you do today?

    Had a great day, shorted DJI & USD/JPY for great gains. Oil Long got stopped out - only to swing back up again later. Never mind - can't win em all. Wonder how long it'll be before the market claims it all back off me.....
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    How long does it take your swing trade to show profit?

    Usually they're in profit straight away - however it's been a frustrating 3 days with a number getting stopped out at the swing low and the rest just sitting there slightly negative. There was no reason to exit them as the charts still looked OK. Finally this afternoon they all turned into...
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    Frosty's auto-trading bot goes live with REAL money

    I've read this thread with interest as you seem to be experiencing similar problems to myself. A while back I tried to write an automated FX trading bot to trade any CCY pair - but I concentrated on EUR/USD for my testing. I had about one year of tick by tick data which I downloaded from...
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    What did you learn this year?

    I learned not to let my 3 yr old near the power button when I'm about to close a trade.
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    Lose to Win Contest--- unique idea..

    What's even more impressive is the person in last place Saprykina Tamara Ilinichna Russian Federation 8350.80 That's a pretty impressive 70% profit in 4 days !!
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    How much % a day is possible.

    I have an answer to that - 100%
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    Is trading Gambling or not .."What say You" Vote here.

    With gambling you bet against the odds. Any decent trader will trade with the odds - that's the difference.
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    leeson system

    You'll find plenty of discussions on doubling up - a sure fire way to lose your shirt if you ask me...
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    Anyone spread betting Forex??

    I spreadbet forex - but I am an EOD trader, so if the quote is out by a few pips it doesn't make much difference as I am looking for tens if not hundreds of pips profit per trade. I dont think the way the likes of IG massage their quotes is suited to scalpers. If the price is moving up or...
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    Start of year to current date...... are you profitable?

    If you've have posted this poll last week I would have been profitable. However this week has put paid to that.
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    can i retire in 5 years starting with 5,000$ ?

    Mr Double, Please post your daily account levels on this thread. I fancy a laugh.
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