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Yes, this is why having someone who is proficient in structuring contracts would be imperative. Personally, as a seller, I would structure the contract such that if the strategy continues to work, I get paid, but if the strategy stops working, the buyer stops paying me. Since I would be...

Yes, this is doable, but would require small bet sizes and lead to lower returns. As I mentioned, with a mere 1% at-risk per trade, the strategy would have returned nearly 50% over the past 10 months with ~5% max drawdown. Given that the market is basically flat over that time period, I'm pretty...

Never say never. Seriously, who are you to dictate to the market what is and isn't a valid stop? Unless you are God Almighty, you don't have that authority. I've also had initial stops 3.25 points away, so it's not as if they are all 50 points away to start, that was just an extreme...

TY for the responses! Yes, I have been able to discern variations in the strength of the signal and that is the basis of my optimizations. I BELIEVE that these optimizations have an objective basis in reality. I HOPE that that belief is accurate and that future market action will display...

No, it's implemented as single entries because I don't have enough scale to require it to be implemented as multiple entries. If I had enough capital to require multiple entries, there is no reason why it could not be implemented in that way. The entry price is the optimal price, but you can...

Look, as I said before, I don't determine what does or doesn't constitute a valid trade trigger, the market does. You have to take your ego completely out of the equation. If the market says "Go short" or "Go long", it's all the same to me. Short, long, whatever, as long as it makes money, who...

Well, if you had an institution which absolutely HAD to have a position of a specific size, they could "hope" for heat to occur so they could get in at a lower or higher price, depending on which direction the trade trigger was recommending. Otherwise, though, I don't see how the fact that the...

For the time period in question, 60% long and 40% short. However, the average gain per trade has been approximately equal for both longs and shorts, so I don't think there is a statistically significant difference between them. Since the market has been pretty much been going up since August...

I'm not sure what you mean, although I sense that you are trying to say something negative. Look, if the market says "Your initial stop needs to be 50 points away from your entry price", who am I to argue? If the market says "Your stop needs to be 5 points away from your entry price", that's...

I think you may have misread the trading frequency. The trading frequency is actually closer to 150 trades per year. And, yes, the strategy has evolved somewhat so that the actual data I have is for just under a year, but the strategy could easily be backtested going back as far as there was...

Real money. I have the brokerage statements to prove every claim I've made about the strategy. Not sure if account size matters, since I'm talking about the ES, not some small cap stock. If I had been able to scale up to the point where I didn't want or need outside capital, I wouldn't have...

It's called an "emergency room" for a reason. People can't "shop around" if shopping around means the difference between living and dying. For other modalities of health care delivery, yes, shopping around can reduce costs. Obviously, the morons who go to the emergency room for a stomachache...

"This is the kind of insanity that exists when medicine and medical insurance are about private profit rather than public health" "Public health" is only relevant when you are talking about something like a communicable disease. If some guy has cancer or breaks his leg or gets diabetes and...

Thanks for the info on the Street. How did I get this strategy? Honestly, I don't know. I think some of it is a result of the fact that I'd tried a lot of things that didn't work, which Livermore said is an important part of a trader's education. Then, I found someone who was doing something...

Yes, the trading bug does tend to eat into time that could have been spent doing other things. I still managed 100% billability in my last job, though. I've always hated sleeping, so I tend to work at all hours, which enabled me to both do my job and develop this trading strategy. It helped that...

Your deductions are very accurate and square up with what I've projected forward and I definitely agree that taking time away from corporate work at this juncture makes a lot of sense. I guess I was looking for a "best of both worlds" situation and while I agree that it's a certainty that no...

Thanks for the response. I am inclined to agree with you that the analysis itself is invalid for this type of situation. Just because you can run a regression model on some data doesn't mean you should. :)

Right. The problem is that between where I am now (having enough money to make more money than I'll ever need, if past is prologue and the results hold up) and having more money than I'll ever need, I'd like to have a salary. Yes, I want to have my cake and eat it too. I have two hobbies...

In the ES, it gives a valid trade every two days, although some days it will give multiple signals and other times it can go a while in between signals. Since you sometimes have to hold overnight, you need to be able to maintain enough margin per contract to do that. Win percent is about 68% and...

Right, but the CALMAR ratio is over 7 (196% gain in less than a year vs. 26% drawdown). Granted, that's over a smaller time period than CALMAR typically measures, but I have decent trade data going back to 2009, although the strategy has evolved since then, so that data would need to be...