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    I can't code a simple system that works

    What that typically tells you is that your particular idea has no edge and probably not much merit. The reason why reversing the signals for a losing system doesn't usually work is because of the bid ask spread and commission (trading costs). Also a true edge is not easy to find. Additionally...
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    How do you know if it's luck or real edge?

    Hello Eric, Following your instructions I implemented this confidence testing in all my systems. Since doing so I have tested possibly hundreds of systems. Of those systems I have tested hundreds and hundreds of different permutations on several markets. I found out something interesting...
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    Elite Trader's Gambler's Anonymous ETGA

    I haven't thought that far ahead or figured out anything - maybe someone else has. I've been demoing this idea on Oanda starting in May - one mid to longer term system on 6 pairs. I've been adding every 50 pips with a 25 pip take profit and a 5% default order size and no stops. I'm not...
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    Elite Trader's Gambler's Anonymous ETGA

    As your positions are now flat, let me interject this idea here - apologies if this is way too far away from the intent of this journal. If I were designing your system here is what I would do: (untested and just in concept, so the usual caveats apply) Use a long term system as a filter for...
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    Elite Trader's Gambler's Anonymous ETGA

    It seems to me that from a pure tradability standpoint, keeping up with a whole bunch of levels that could occur at any time, or calculations, or lines etc., doesn't really add value as you observe. An idea I had is to just have a fixed amount - let's say 50 pips (this assumes you're using TPs...
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    Elite Trader's Gambler's Anonymous ETGA

    I'm glad you've kept this journal going. I realize you are asking many questions looking for answers and opening this up for others to jump in. I salute your effort. I have been lurking, and have read most of the journal, and some of it more than once. I may have more time later this week...
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    Not profitable to daytrade, scalp forex?

    Daal, I can't tell what you're trying to do with your math. If you want the formula for $ per pip it is far simpler than the above: $ move per pip = Units traded * pip value For example if you are trading EUR/USD which has a pip value of .0001 and you are trading 100,000 units the $...
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    Not profitable to daytrade, scalp forex?

    Just my .02 on this subject. There are times to scalp and there are times to trend trade in the FX market. Fortunately those times are pretty much the same every day and every week so once you figure it out you can follow the same pattern. For instance noon Eastern time seems to be the great...
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    ISP for multiple PC offices

    If you like the dual wan setup as much as I like it you're in for a real treat. It is a backup and extra speed all in one. Let us know how it goes.
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    ISP for multiple PC offices

    A note on heat: I have burned out routers and modems in 3-6 months, and have had others run for years with no problems and the culprit seems to come down to overheating. I have my routers, and modems well ventilated underneath, and with a fan blowing on them to keep them cool. The same is true...
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    ISP for multiple PC offices

    I like the combined speed - it is noticably faster, but much of that is just because cable is faster than DSL. I just ran a speed test and got 3.8 megabits per second. This is with the cable IP#. The DSL will be much slower. But I don't think that is too important. The way this router works...
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    ISP for multiple PC offices

    You should be able to still use it, but you may need to switch the D-Link router to gateway mode from routing mode to get it to work with the hawking router, and of course the D-Link IP address will need to be in the same zone as the hawking router. FYI: The hawking router uses 192.168.2.1 as...
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    Hearing Audio Alerts on Other Side of the House: Please Help Me Sleep!

    I'm looking for some type of hardware that will allow me to hear audio alerts while I am sleeping so that I can wake up and check on my positions to make sure my ATS is doing the right thing. I have tried telephones in conference mode, with the speakerphone on. This solution hasn't worked very...
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    ISP for multiple PC offices

    I have had both DSL and cable at different times as well as most recently both and was manually switching between the two when I had a problem. Both have outages from time to time though in my experience DSL is less prone to outages but slower. If DSL goes out on you having two DSL lines won't...
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    Elite Trader's Gambler's Anonymous ETGA

    Yes that's my thought. The question that I have been troubled by, is does everyone in fact lose money at first building the pool, or can it go both ways? Under what circumstances can someone start off making money while building a pool?
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    Elite Trader's Gambler's Anonymous ETGA

    Trade both? I dunno. I guess that was the idea behind the hedge on the original grid system. Ultimately you have to close out some shorts or some longs If you hold both open indefinitely you have a Mexican standoff and are just a hedged carry system. Maybe when the market is trending up you...
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    Elite Trader's Gambler's Anonymous ETGA

    And if one of those freak 3500 pip trend moves should kick in, with the reverse system you would be getting unrealized gains rather than losses. The downfall is this leptokurtosis or whatever it is, that there are more small moves than big moves. That might put a fork in the opposite system in...
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    Elite Trader's Gambler's Anonymous ETGA

    Yes that's where my interest lies as well - shortening the system from long term to intermediate/short term and trading it in reverse. I haven't figured out the details. But here is a question to chew on. If virtually everyone who starts trading the grid method starts out with their unrealized...
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    Elite Trader's Gambler's Anonymous ETGA

    First the PS. In reality since being long EUR/USD is long EUR and Short USD, in order for this to go to infinity, either EUR would need to go to infinity or USD would need to go to zero. I'll assume that USD is not going to go to zero so that only leaves EUR going to infinity. USD/CHF can...
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