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    Any pure mechnical traders or system traders?

    hey what is your average monthly profit? im trying to see if im aiming too low or not
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    Any pure mechnical traders or system traders?

    thanks for the clock! i will give NQ a whirl and see what happens. i will have to adapt my system since it uses fixed integer stops. Arthur: i am happy to give you ALL the details if this was not done in such a public way.
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    Any pure mechnical traders or system traders?

    ok what instrument(s) do you suggest?
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    Any pure mechnical traders or system traders?

    and as i wrote before i can open up 5 minute bars when necessary...
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    Any pure mechnical traders or system traders?

    no they are predetermined numbers set when the entry was made
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    Any pure mechnical traders or system traders?

    stops and limits are not time dependent...as long as exit is before 4:00. auto liquidate all positions at 4:00. ive tried using 1 minute charts, i have a countdown bar timer indicator...unfortunately nothing works. since slippage costs me between 1-2 points a month, it`s not a big issue...
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    Any pure mechnical traders or system traders?

    30:00...market order..would do 29:59 if i had a clock that was that accurate and intune with the market times...but such a solution has not been found.
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    Any pure mechnical traders or system traders?

    actual entry is made on 30:00 but based on several previous candles
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    Any pure mechnical traders or system traders?

    30 mins candles with volume at the bottom that i dont really use. no other indicators.
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    Any pure mechnical traders or system traders?

    Just a friendly reminder...
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    Any pure mechnical traders or system traders?

    Thank you. Without going into greater detail, what you wrote does not apply to me. To answer your question though, my stops and limits are based on signals that do not change from backtesting. Again, it's designed so the variables are all the same so it's actually relevant and useful. I did...
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    Any pure mechnical traders or system traders?

    Walt how do you test Implied Volatility? ALso I backtested manually using 5 minute bars when necessary. I told you the backtesting was exactly like trade.
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    Any pure mechnical traders or system traders?

    I did not forward test before going live. The main reason is that since my backtesting is exactly like trading live as I had designed the system that way, there was no real point. Other than fills on entry that may lose a tick to slippage, there is no difference whatsoever between going forward...
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    Any pure mechnical traders or system traders?

    Was ready from the start...
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    Any pure mechnical traders or system traders?

    ok so since i only trade the ES how does that apply to me?
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    Any pure mechnical traders or system traders?

    OK more answers: I use marketorders to get in to make sure I get in. Slippage is never more than 1 tick anyway if at all so it means no more than 1-2 points per month in losses. Limit order for target (one) and stop. No trailing or anything like that. "now if you go and backtest on these...
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    Any pure mechnical traders or system traders?

    Ok guys thanks for the interest. I'm not sure what that bicycle comment was about... To answer your questions: My setups are for the open only and I only take a trade if my preconditions are set...again not very complicated there's only two conditions. However, this means I average about...
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    Any pure mechnical traders or system traders?

    ok well im a mechanical trader and i build systems. i'll give you an overview of my procedure and maybe you can see something wrong that i dont. 1. i come up with an idea first..i.e. buy everytime x crosses y. 2. I backtest a year's worth of data to find the optimal stops and targets (if it...
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    Any pure mechnical traders or system traders?

    well theres hope for me afterall then... I am struggling to make profits and I can't really figure out why. Maybe either of you would be so kind to share some of your wisdom? I am willing to disclose more details via email or PM.
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