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How about for two years.

Net worth vs. yearly income. It is assuming someone in that income category has a net worth of more than one million dollars. That also may be a faulty assumption.

Perhaps some examples would make your question clearer.

Oops. Thanks for the heads-up. Poor proofreading on my part.

If you reread your post that I responded to, you will note that you were the one who demanded a formal proof in your first paragraph. Then your second paragraph was devoted to beliefs. I was simply remarking on what seemed to me to be an inconsistency. And finally giving you some references...

Killjoy!

I'm thinking that it's not the money you lost but what one does with the experience. I used my losses as an education in perfecting my training methods and learning to manage my emotions. I consider it a good investment as I haven't lost money in any one month for a long time.

Stash 80% in capital preservation, T-Bills, T-Bonds and such. Trade 20% using my current cash-flow orientated trading methods. Oh yea, that's exactly what I do with my liquid net worth today. Fancy that. I guess I would not change my methods, but would likely be more generous with my...

My trading methods do not require charts, so I don't have the experience to have a favorite.

I had an unfunded TOS account for five months where I paper traded options and Forex.

The two books in my library that I come back to every time I think I want to renew my interest in TA are: The Encyclopedia of Trading Strategies by Katz and McCormick Trading Systems and Strategies by Kaufman I have the third edition, but there is now a fourth edition.

This reminds me of a famous maxim. "A man who has one watch knows what time it is. A man with two watches does not."

Your beliefs lack formal proof as well. If you want to add proofs to your understanding then study the mathematics of positive expectation and the gambler's ruin theorem. You may find that your conclusion is incomplete.

Rather than looking for a list of "don'ts" you should focus on tests that indicate your system will work in the future. All trading systems, to some extent, are curve fitted because they are data driven. The issue is to test the robustness of your rule set. This is done in two ways. You can...

Why not do both?

That's why I follow paper trading with small money trading before I put the strategy into production.

There are limitations to paper trading. If there is evidence of product available at your price, then the paper trade takes place. However, there is no consideration for quantity available. Furthermore, if your instrument has a wide bid/ask, how do you handle that in your analysis.

Since you posted this I've investigated further. If I understand things correctly, you do not have to divulge your system, but can just post trades to them.

The successful systems that I have developed have both proprietary logic and proprietary settings for the parameters. It is hard to protect the logic with your approach.