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I had a hard time canceling and getting my money back. At first I thought it was my ticket to the millions but when I studied a little more, I found that it was another one of those promises that can't be really backtested. I am sure there are many people who make money using ideas from IBD, but...

check for that in the Wealthlab website. I think you can find those and other systems there. By the way, if what I read was true, then this RSI system (or maybe a variant of it) was published years ago on the WL site. Good trading, Maji

I have done some preliminary studies on using a Day of Week as a filter for buying and selling stocks. I analyzed 3 scenarios in Wealthlab using the last five years of data on SPY. I used $10,000 per position and deducted $20 commissions per RT. Here are the results in a nutshell: 1...

Sounds like GOOG is climbing up the wall of worry. Everyone is worried that it is overvalued, and it goes up. Maybe pretty soon everyone's grandma will think GOOG is a great buy, and then it will be the time to sell. :D Good trading, Maji

Did you catch the long QQQQ trade when I initially posted the long signal? Lucky Guess :) Don't forget to move the stops up and protect some of the paper profits. Note the strong resistance at the 38 area, maybe a place to book partial profits. Good luck, Maji

Man, I never claimed that I can trade. Please reread my post carefully. :confused: Maji

I think there are some good systems available for free in the Wealthlab site. Of course the past can't guarantee the future, but what else can you depend upon? :) Maji

ESavant, I think whenever I want to trade any system, the traders who are trading that system ought to pay me not to start :) That way their system will be safe!!! Mad10, I believe you are right. Maybe the Dollar's downtrend has exhausted itself and the market is consolidating...

I am trading a breakout system that is undergoing a drawdown from the last quarter of 2004. Before I started on it in 2003, a friend of mine has been trading it for more than six years. This is the longest period of drawdown for the system based on actual trade results. The problem is more with...

Perhaps those PhDs and Nobel laureates thought they can trade :D I guess with their degrees and their baggage of egos, they thought they can rule the market. I think these theoreticians better stick to their theories and leave the actual trading to the traders. Have a great weekend...

I trade with GFT. They have been pretty much fair with me till now. Hope this is of some help. Maji

See the attached chart for bullish divergences and trendline breakout by the MACD and RSI. Aggressive traders can take this signal, and the others can wait for a confirmation if the price breaks out of the downtrend line on the price charts. For the contrarians, the pessimism is on a rise...

You can use Strategyrunner to trade this completely automatically. As SR runs on servers, you don't even need to turn on the computer. The other option is to trade it via an API from IB, MB trading or other brokers that have APIs. The strategy can be coded in Wealthlab or any other program and...

WIFE = (W)orries (I)nvited (F)or (E)ver :D

I use Neoticker EOD for charting and think it is the best bang for the buck. Maji

I did not want to post any remarks on the Results thread of this system, as the originator requested not to. AR had posted a decent strategy for newbies and it seems to work. However, I am not sure but I think all the negative comments has driven AR not to publish any more. Maybe if we all...

jonny, Sid may as well be promoting his website. I don't care really as the information he posted on the website is very helpful, at least to me. The information is free to me, as he did not charge me any money for it. There are banners there, and maybe that is Sid's source of income...

Sid, Thank you for posting your thoughts on the Thursday rule. I am trying to code the system into Wealthlab and test it for myself. Another Wealthlab enthusiast has already done it and confirmed that the system is profitable for the current March ER2 contract. Please don't let critics...

Thank you Sid for your great workand prompt replies. What software did you use for backtesting? Thanks, Maji

Hello Sid, Again, nice job with the trading system. I would like to see if you have one more piece of information. If the breakout fails, what happens if you stop and reverse? Basically, instead of just one trade per day, you will have maximum of two trades, one long and one short. If the...