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http://news.moneycentral.msn.com/provider/providerarticle.asp?feed=AP&Date=20061011&ID=6096088 Just a reminder of who is offering to manage your money. They are the ones who couldn't survive managing their own. -Raystonn

No, these do not work over the long term. Eventually you hit a trade, or a series of trades, that blows out all of your gains and maybe more. Adding stop losses or profit targets does nothing for this, as it negatively adjusts your profits while trimming your losses. Those adjustments are...

Whatever gets you into a trade should get you out. In other words, if you wouldn't buy it right now, then you shouldn't hold it. -Raystonn

You should thoroughly back-test your strategy, ensuring you have enough trades in your sample to be statistically significant. You should ensure your theoretical equity curve shows fairly consistent profitability over most every time period without any massive drawdowns. The equity curve...

Oh, so because a few anti-semetic Russians are "convinced", it must be true, eh? Tell me, is there any evidence at all or is this pure unadulterated conspiracy theory garbage? By the way, blood has absolutely no place in Passover. These "facts" were obviously made up to substantiate a...

Maverick, the absolute value of the numbers grow exponentially. However, the sign of the values is still random. In effect you are leveraging up quickly and alternating between massive gains and massive losses at random. -Raystonn

I would disagree that any new entry has anything to do with an old entry. If you have a good signal after your prior signal lead to a trade that has gone against you, you don't skip it just because of your previous signal. Trade your strategy how it was tested. If you haven't tested your...

After the 10/05/06 day session close (1360.75 for ES) I called a swing trade reversal, heading down. I use just open and closing prices for the day. So far there hasn't been a daily open or close that was greater than or equal to 1360.75. My system is still looking for a down move thusfar...

*sigh* I hate to make money off this kind of thing. -Raystonn

Too vague to be of any use. Every single Senator and Congressman, including Pelosi, takes campaign contributions from lobbyists. Which recommendations are currently not enacted? Just because a commission gives you a list, that doesn't mean everything on the list is actually a good idea. This...

Corporate profits are irrelevant to this debate. Stock prices are defined by transactions. The only thing that can make a stock price go up is a transaction taking place at a higher price. If you ignore broker fees and commissions, all transactions are zero sum. Movements in price between...

It wasn't to track people. It was to ensure authenticity. Thus, you could always go to an Intel website, type in your CPU's ID, and be told if it is a genuine Intel CPU at the advertised clockspeed or a fake, possibly running overclocked. There is no way that ID could have been used to track...

ES opened the day session at 1358.50. It is currently at 1353.00, for a gain of 5.50 points. This system has a remarkable track record for calling swing tops and bottoms. -Raystonn

I am quite comfortable trading my system because I have tested it well and have successfully traded it, including through news days. I have moved well beyond steps 26 and 27 over here. (URL ripped from another thread here.) Feel free to give your opinions. Just realize that they won't affect...

I disagree. You can offer to protect someone, but if they do not want your help then you have no right forcing it on them. Wow, that comment speaks volumes. That was very difficult to parse. I believe you are saying people need rules in place to keep from killing themselves. Again, I...

It says "100% pure" on the side of the can. :p Honestly, don't risk anything you can't afford to lose if the system hits the terminal drawdown amount. If you trade 1 contract for every $12,000 you have, the system will halt when you are down to 1/3 of the maximum equity level of the system...

Fyi, the system's maximum historical peak-to-peak drawdown is just under 107 ES points. The 160 figure was obtained through Monte Carlo simulation as an unlikely drawdown point. If it reaches there then you know it's definately broken. -Raystonn

For this system: Losing trades that go beyond that point tend to keep going in the same direction. Losing trades that never reach that point tend to curve back and cut much of its losses, or even go profitable. Cutting out of a trade earlier tends to get you out with a larger loss or...

This isn't based on sentiment or my own personal feelings, Optioncoach. I am not a discretionary trader. This is based on my automated trading strategy. I am not going to override the system just because there is news tomorrow. Note: The stop loss you quoted has been updated due to a...

Pabst, are you still holding short? If so, prepare to make some back. How much? How far will it go? Am I sure? I don't know. I don't know. My system has an 80% probability of being right from trade start to trade end. Trades usually last a few days, though. For those not already in a...