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LOL :cool:

Same answer, you are just raising the stakes. Most days you will be recovering an earlier loss. It all comes down to whether you have an edge or not.

Reversal system is making a comeback .... more typical performance now with the market off the highs.

The answer is no. You have to ask yourself how much you are risking to make that 1 point. Most of the time you will be recovering an earlier loss rather than making your "1 point". Reread my post and joebonds .... I am not a pro but I am happy to get 10 ES points / month .... but average...

http://www.elitetrader.com/vb/showthread.php?threadid=95502 Wayne Gibbous is a god among us .... most of us mortals are making 15% - 20%, or 3x the daily range (whichever comes first), barely beating the dog.

Ok I will try to be constructive. I guarantee you haven't found a setup that occurs once a day and wins 80% of the time for 1-2 points. Set your goal by month (20 trades) .... If your setup is good you might win 15/20 trades and be up 10 points for the month. For daily profits you need to trade...

Where are these people coming from .... :confused:

That is 3 ES points per day .... trade it yourself. I hope you have $500 to blow.

I hope this is a school project :D

Yes. Screen layout is important ... this has been discussed before.

Count your profit by week, or by month. If your risk management is good, most of your money will be made in a few days out of the month when you can catch a good trend. Of course $17.50 a day (4 Dow points including commission) is realistic. But being new to futures .... try not to lose money...

Or with www.prophet.net Javacharts, you can see 20 days back. That is the most I know of (for free).

Cy Group and Benchmarq Trading are well regarded companies .... Stay away from Shill, lol.

Very nice .... what software platform are you running your system on?

I blame the dog. There's nothing you can do. http://www.elitetrader.com/vb/showthread.php?s=&threadid=93776

I ran some more numbers tonight, to see what's really going on. The winning % is down, but more interesting is how these stats turned around in Jan-Feb 07 .... Old stat: Avg trades/day:32, Avg time in trade (before PT or SL hit):22 minutes Since 3/1/07: Avg trades/day:18, Avg time in...

Yes I do use an indicator, among other things, and there is a clear edge over 9000 forward tested trades. But I do agree with the point about money management. I hope some trend followers are doing well in these conditions. I wasn't trading in 1999 but maybe thing were bit like this. In any...

Working for me too, today .... I hope it stays.

I have a reversal (semi auto) system, basically to short stocks that that are ripping up and long stocks that are tanking. Nothing fancy, very basic indicators. I haven't changed it for about a year.... a good steady performer, did fine in the bull run last year, but is getting hammered with the...

Turns out with FIX and the API, yes you can. You need Genesis to setup a second user ID tied to your account like dafugginman said.