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Hi Handle, I'm glad to see that you're still sharing your thoughts here at ET and I wish you well. I backtest methods manually, primarily on daily charts, looking at one bar at a time over a period of years and recording entries and exits as I scroll the chart forward. I pretty much...

Hi Brian, The chart you posted appears to have candles that are all the same color. When backtesting entry signals, I find that there is value in knowing if the previous candles were up vs. down (white vs. gray or green vs. red, etc.) and this info gets incorporated into the trading rules...

To answer your question, don't we need to know how much we will lose, relative to the "nice profit" we'll get if we win, if the loss occurs? i.e., is it a 5% chance of a "nice loss" or of a very small loss or a very large loss?

Hi K P, Backtesting can be done by computer program or it can be done manually. I didn't become consistently profitable until I got serious about doing manual backtesting of my strategies, which are chart-based and very visual, and I was as objective as I could possibly be about my entries...

Hi EliteTrader, Good PF numbers tend to be in the 1.5 - 2.5 range for a lot of strategies I've seen and your PF of 8.0 is unusual. I normally calculate Profit Factor as gross profits divided by gross losses, but it looked like your definition in the 1st post was gross profits minus gross...

Hi Johnny, On a day when you make around 50 trades, approximately how much do you pay in commissions?

- Handle's suggestion is a good one. - Also, consider trading the way Cornix does. My understanding is that he trades NQ near the opening for only about 2-3 hours each day and he has been very successful with that approach.

Hi Wide Tailz, Hadn't heard of BTD before so I went to an acronyms website: acronyms.the freedictionary.com/BTD The choices included 1. bored to death 2. born to die 3. brothers til death 4. beat the Dow 5. born to drink 6. buy the dip 7. born to drive 8. beg to differ My...

Took the screenshot using either the Snipping Tool or the PrtScn keyboard button and edited the resulting images in several different ways. None of them looked sharp. Then I took the picture from within the ThinkOrSwim platform using its printing icon & changed the resulting .png image to 950...

Just tried simply adjusting the pixel width to 950 with no other changes and it looked about the same. Trying 950 pixels + 300 dpi now. It doesn't appear better. Perhaps I'm limited by the resolution of the original screenshot I took, which was done with the Microsoft Snipping Tool and saved...

Hi Deucy, You're right, that last picture I put up wasn't as sharp as it should be. I'm trying the .png format right now. It does look a bit better.

Interesting... Is Jack #1?

Last one: Natural Gas

Another chart for EUR/USD. One would think that trendfollowers would have done well here.

Quote from AFJ Garner: “…As everyone and his uncle, mother, brother and granny now know, trend followers have increasingly hit bumps in the road over the past decade and in particular over the past two years. The patterns have changed – perhaps temporarily, perhaps not. Something has...

I had to play around a bit before I found success in posting a chart. Here are the steps I found to work: 1. Select Post-a-Reply or Quote to start a new message. 2. Select the Browse button at the bottom of the page and attach an image file from your computer. 3. I was required to type...

3 inch chart, 300 dpi: better?

5 inch chart, 200 dpi

test: 6 inch wide chart

Hi EMG, That is a quote to remember. Your ceaseless censures and relentless remonstrations are certainly silly, but I enjoy your posts. Made me laugh...