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    Naif's Trading

    I definetely agree with you guys. That is why I have not been following the system completely because I do not feel my sample size is large enough yet. My software (esignal) only gives me access to 120 days worth of data at a time. I'm working on getting my hands on some more data and should...
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    Naif's Trading

    It has definetely been my best month of trading so far. To be honest, I'm actually getting a little nervous because everything that is happening seems a little to good to be true. I am still going to take it slow and scale down on the systems actual profit targets until I gain 100% confidence in...
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    What exactly is a Holy Grail, in terms of characteristics?

    - Gives at least 3 intraday trades a week - Makes over $6000 a month per contract on index futures - Over 95% accurate - Gives exact entry prices, profit targets, and stop loss prices - Profit targest exceeding stop losses up to 8x .. oh wait, sounds a lot like what I am trading right...
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    Trouble sleeping

    I can relate to you completely bro. I'm in college right now and trading definetely put a strain on me. I thought it was a problem with me but to fix the problem, I had to attack the root. Since my account could barely tolerate risk, I realized that it was the fear of losing that was really...
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    Naif's Trading

    The system had a great week so far, unfortunately I was not able to trade it because my computer decided to stop working properly. I got it fixed now so I will be ready for next time. These are the system results for the week: Monday: No signal Tuesday: No signal Wednesday: + $290.00...
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    Naif's Trading

    So this is my first post on my journal. I figure that I would keep a journal about how my trading career is going so I could hopefuly learn something from it and this seems like a good place to do it. I recently coded my system and got it to the point where I am comfortable trading it with real...
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    targets and stops on ER2, YM, NQ

    I actually do use the condition of multiple index futures to determine the strength of any ER2 trades I take. It gives a very comforting feeling when everything is in agreement with each other. As for stop losses, the system that I am working on currently uses a profit target to stop loss ratio...
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    Is it possible to reduce risk to zero?

    Sarcasm noted cdowis. You have me misunderstood - in part due to my lack of clarity - so allow me to mend that. I'm not saying that placing equally sized stop losses and profit targets IS my strategy. I am saying that it is an important PART of my strategy for managing the trade. For multiple...
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    Is it possible to reduce risk to zero?

    As for the definition of no risk, does that mean that there is no drawback in your position or the end result will always be profit? I've managed to create a scripted system that yields backtesting results of approximately 90 percent accuracy. A success rate of 100% would be great but the...
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