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Thanks to all who helped, and good luck to all those who have similar problems with their systems. I believe this is what I am going to do. Stay the hell off of my system, as was advised. Since the system is good, but not good enough to be used with all available leverage, I will use as...

Here's a little file I created to calculate what would be the best % of my capital to invest if my system doubled two out of three times (months), and the third time it lost 66%. Different values can be tested.

I have an important update on this topic. Today I came home and I found a -500 on two of the systems. As usual I couldn't take that much of a loss, and I intervened. This time I got unlucky and, even though I turned one of the -500 into a -100, the other one turned into -4000. This made me...

How does everyone here rate tradestation securities? Is it an efficient alternative? In the sense if I am happy with the way a strategy gets back-tested on tradestation, will they execute it correctly? And, also, do I send my rules to them, or do I have to keep my application running the whole...

Temptations, yes. Which come with freedom. That's the problem of having to work with more people. I would rather work with a programmer who will be paid and let go, because I want to preserve my freedom. More people, as in a company, can add resources, but can also slow you down. I think I...

Yes, I am sorry for not being informed about it. I later went on the internet and did some research about your company but it was too late to edit my post. I saw a video on Youtube where you mentioned that you work with IB (among others). What I meant is that it would take a lot of effort...

I agree with what you say. It sounds just like what I've been trying to do, and I am also thinking that CoolTrade sounds more flexible than excel (as far as I am capable of using it). On the other hand there would be other platforms that seem more flexible than excel, and ultimately, since I...

Thanks for your advice. I find it reasonable (and "entertaining"). You say work on more research, and more systems. Very reasonable, I have been doing it as well, all these years. But there's only so much a non-programmer and self-taught VBA "coder" can do. I already have 30 systems on...

Because, whether I believe in myself or not, there are facts that prove that I cannot achieve greater discipline. After over ten years of trading I still cannot strictly follow rules that I set for myself. Sooner or later I break them. I can't completely explain why. It might have to do with...

In the past, while using my automated systems, I have switched between "full automated" mode, "mostly automated", and "mostly automated + discretionary". With a good emotional balance, "mostly automated + discretionary" yields the biggest profits. But if you just miss that good balance even 1...

Actually I made a mistake above. When I said 21.00 EST I really meant 21.00 CET. It would be 15.00 EST. So, in EST, the final formula reads as follows: If c < closed(1) - c*0.02 and c > c[1] and c < c[2] and time = 1500 Then Buy This Bar; If openpositionprofit > c*0.02 or...

I came up with an even better one, but it doesn't trade very often (yet it is not over-optimized): If c < closed(1) - c*0.02 and c > c[1] and time = 2100 and c < c[2] Then Buy This Bar; If openpositionprofit > c*0.02 or openpositionprofit < -c*0.02 Then ExitLong This Bar; --- It...

Ok, I've tested it on the 60 minute candle bars. This yields about 60% for the past 10 years: If c < closed(1) - c*0.02 and c > c[1] and c < c[2] and c < c[3] and c < c[4] Then Buy("Long") This Bar; If openpositionprofit > c*0.02 or openpositionprofit < -c*0.02 Then ExitLong This...

I am also new to trading oil. I decided I will start with CL. The way I see it is that it cannot be SO hard to make money with it. The way some people are describing it makes it sound like you have a 90% chance of losing to begin with, whereas the probability of winning is only slightly less...

Thanks. What leads us to think it's all about psychology, like I once thought, too, is the following faulty logic. For example, you do not apply a stoploss, and you'll make a lot money for a few days. Then one day, because of not applying a stoploss, you'll lose everything or almost. That...

You need a method that is proven to work, and of course (since it won't always work) you need proper money management and this will solve all psychological issues. As far as I am concerned, I confused for about 10 years not knowing myself with not knowing the markets. I thought that somehow I...

This is the first post I agree with (I've only read the thread from the beginning until this post I'm quoting). You need a method that is proven to work, and of course (since it won't always work) you need proper money management and this will solve all psychological issues. As far as I am...

IB offers a sample sheet, as you may have found out by now, but in order to customize it, you definitely need to learn some vba. But you can learn it as you need it. You don't need to read a 1000 pages manual from start to end. One year of work, if you are a non-programmer like me. If you are...

Open an account with IB, and automate everything through excel. I've done it that way, at no cost, without being a programmer, but it took me a few years, because I had to teach myself VBA.

Good advice here: http://www.wikihow.com/Choose-a-Trading-System-That-Actually-Works