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So, you expect it to work in the future, with such a large ego that you don't bother backtesting ... Am I missing something ?!

In my books, any form of backtesting falls under "the analysis of past market data". Are you skipping backtesting altogether? How else do you evaluate if your trading methodology can possibly make money ?

From Wikipedia: "In finance, technical analysis is a security analysis methodology for forecasting the direction of prices through the study of past market data, primarily price and volume." If you didn't notice it, Toby Crabel's book matches exactly that definition of TA. Furthermore...

Don't day-trade QM, it has very low liquidity and its tick value is 2.5 cents ... expect a lot of slippage compared to trading CL - which is $1000 / point.

Just try it then ... but don't be naive about it ... the micro contracts are market-made to follow the full-size ones, as soon as you finish buying the micro at increasingly higher prices, you'll see it back down matching the full-size contract.

The journal should benefit the trader first, and the readers next ... ... for an active trader, taking several trades per day, having to report each and every trade in details in an ET journal is counter-productive. Those details should be logged in a spreadsheet where the trader tracks...

Usually 10,000 runs ... it doesn't make much difference from doing only 1,000 runs if you are looking only at mean & st-dev, though (the only differences are the actual values at/near both extremes)

- NAV : Net Account Value - I think this is pretty standard. - Minimum position size: 1 contract for futures, which is the only thing I trade ... I would say whatever makes sense after accounting for commissions for stocks, 1 lot (or micro-lot) for Forex.

I use MonteCarlo simulations to assess the mean & st-dev of max-drawdown on 1 year worth of trading of that system at minimum position size (1 "unit"), then define my Max Allowable DrawDown (MADD) as the mean + N*st-dev (per unit) - I most frequently use N=5 (5 sigma). I always start trading...

I think the trade-by-trade approach is self-destructive for any active trader. Lets not forget that the outcome of every single trade is pretty much a random event, as long as the trading plan rules where followed a trade must be considered as a good trade, regardless of its outcome. I do...

Public track-record on the RAPACapIntro website: http://rapacapintro.com/account/accounts?acc=CLAlwaysIn I know, it's only 3 months of live trading (since March-19), however those 3 months saw 170+ trades taken by the system, fully automated TA, no money management (no stop / no target /...

As for the money management part, my system Crude-Oil always-in uses absolutely *no* money management (it's always in the market, long or short, and right now I trade it at constant position size), and it is 100% automated TA. Follow its results on its journal thread...

Congrats!

Once in a while, I face a real issue in Ninja that takes lots of efforts to get worked-around. That being said, my system CL always-in has 177 live trades in 3 months, my entries/exits live are *all* identical in time to those of my backtests, and my live fills are on average 1/2-tick better...

Results for the week ending June, 21st: - 10 wins / 4 losses ; net +5270. The system made a new P&L peak on Thursday (+15715 on my trading account), then got caught long a good part of Friday, giving back a good chunck, before getting 2/3 of that back in 2 trading-decisions 10min apart in...

You need to start from a "pure" datafeed & historical database (all the ticks, always), then find out what kind of filtering you need to apply to it - for both backtesting & realtime.

IB feed is good for order management but simply improper as a datafeed. Get IQfeed for a very good retail-level (reasonably priced) datafeed (and I would suggest a retail platform, NinjaTrader or MultiChart .NET so that your CME fees are waved). If you go with NinjaTrader, then Kinetick is a...

I am pretty sure no-one here (or anywhere) can prove through a 1000+ trades backtest that a prime-number (P) based volume chart is statistically better than its two neighbors, P-1 and P+1. Or even the closest 2 multiples of 10. A lot of opinions so far, but nothing backed by any statistical...

For backtesting purpose: NinjaTrader merge-backadjusted, with love and care for the rollover database. For live-trading purpose: I do that using my own software, since Ninja can't do it from 6pm to mid-night on rollover day. I have the "old" contract in one TF, the "new" contract in another...

The system process intraday trends, about 12,000 over 2007-2012, which is likely an average of 6 per day (more in 2008 & 2011). See the attached trend-size distribution. I have started a similar approach using a simplified trend-detection mechanism on ES & 6E, but didn't invest enough R&D...