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It would seem many are confusing the moving average with the actual entry/exit price. Move your eyes vertically from the point where the moving average line changes color to the closing price on that bar. You will see lots of money lost. -Raystonn

Keep it coming. The forum obviously benefits greatly from your wisdom. -Raystonn

Glad to see my assessment was correct. Human emotional reactions are so predictable. -Raystonn

Opportunity, just what are you asking for here? Please be specific. -Raystonn

Nope. Nothing enlightening in them. -Raystonn

You will. It's just a matter of time. You have done Monte Carlo simulations on your trading strategy, no? And when you optimize a low hit rate, positive expectancy system to get a slightly higher hit rate, it also becomes much more profitable. What's your point? -Raystonn

Actually, it shows about a 15.5% annual rate of return. But I do agree that this is pretty bad for a trader. -Raystonn

I moved from equities to futures a couple years back. Prior to that I traded a large, diverse portfolio of stocks and had modest yearly returns that generally beat the major indices. The futures markets have better opportunity. If you know what you are doing, the risk:reward ratio can be far...

I would suggest you do a bit more research on advertising and marketing. It would seem the nuances of "target market" have been lost on you. -Raystonn

Fletch, I have a feeling the way we approach the markets is very similar. I will be watching this thread for some time. May your tails be skinny. -Raystonn

Out of curiosity, what does the backtest show your results would have been for the period during which you took a break? -Raystonn

What I'm talking about is trading and compounding your earnings in an IRA, then taking an early distribution to live off some of those earnings. You actually make more money doing this rather than trading in a standard account. The 10% penalty plus taxes you must pay on the amount distributed...

There are many reasons why the market may go up on any particular day. There are also many reasons why the market may go down on any particular day. Once the market has made its move, the best few reasons for that directional move will be written on the headlines. Perhaps an analyst or two...

My IRAs allow me to trade or invest without paying taxes on the earnings. This means my effective annual rate of return is between 50% and 100% more than it would be otherwise. Compound this for a few years and you will see it is much more beneficial to trade and invest in an IRA, even if you...

You're pretty cynical, Trader666. Perhaps having been burned before has caused you to disbelieve every single thing anyone has to say when it might support an argument contrary to your beliefs. I was about to post a mathematical proof on the subject of profit factors and position size, but...

Very lame. The measure of the best trader is not highest net profit, even as a percentage of account size. With that logic someone as lucky as a lotto winner will win, making this little more than a contest of luck. The winner will be someone who takes incredibly stupid high risk trades and...

Honestly, I don't know what Trader666 is getting into a huff about. It's pretty simple math. If he chooses to believe any number I give is untrue, so be it. I'm not here to sell my systems. Let him believe what he wants. However, I would recommend he examine the reasons for his hostile...

If the winning trades averaged the same number of contracts as the losing trades, then you could figure the profit factor from the win:loss ratio. As it stands, you cannot. That is why I included both statistics. -Raystonn

The term "Christian" encompasses all denominations of, get this, Christianity. Your list of denominations have no bearing on a non-Christian. Do you truly believe you are making any sense? It sure sounds like it. If you mean taking on too great a risk of having a drawdown beyond available...

No, it's not. You are assuming a constant position size per trade. The Avg Win:Avg Loss ratio is per contract. -Raystonn