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Thanks for sharing that bro.

I can't see any reason why a trendfollowing system could not be applied to 1-minute bars. But tick charts, probably not.

Your pulling in alot of trades for a weekly system. About 150+ ?? My weekly system trades about 30-50 times a year. Details are on my blog. http://thetrendfollower.blogspot.com/ Backtested performance was 34-39%p.a. on in-sample optimised data and 28-31%p.a. on the out-of-sample...

Hi. Well if you REALLY DO want to become a trader, these questions shouldn't be too difficult. The first one is rather difficult. 1/ Why do you want to become a trader? Because you enjoy it? Because you want a reasonable rate of return? 2/ What makes you think you will be...

Hi. If I could just add my thoughts here. I'm in a similar position, I'm 23 years old, live at home, still at uni, and have just started with $46k trading equities using a mechanical system on the ASX. (I actually have traded in a discretionary manner for about 2 years with mixed...

See the recommended reading on my blog. http://thetrendfollower.blogspot.com/

Hi Neke, First of all, great thread. Thanks for sharing your experiences with us. Though I must say I agree with the poster who said YOU"VE GOT BALLS. Seriously, it takes guts to go to meetings with 90k on the line especially with net worth under $1mil. Just one comment, I must say...

MGJ. Thanks for your response. OK, lets take this a little further. Has it been done by anybody here or somebody that you know? And did you (or they) do it trading one system or multiple systems?

The reason for this thread is that I was wondering if it was worth looking at applying trend following techniques to intraday bars eg. 15min in order to increase trade frequency and compound the account quicker. BUT first I wanted to see if anybody was getting astronomical returns trading...

Sorry, I wasn't specific. I meant unleveraged. What do you guys use to backtest intraday strategies? Have you heard of this? http://www.smartquant.com/quantdeveloper.php Looks the goods.

Though I should add that at a certain % profit, I do pyramid into the trade. But there is no scaling out. All positions in the same stock have a common exit.

I use an ATR trailing stop as an exit. Profit targets work poorly for my system as it is a longterm trend following equities system.

Thanks brother. Sounds good. What data does Odds maker use?

Well it seems like all the champion traders tend to trade smaller timeframes. It could be a generalisation, but I haven't heard of weekly traders making incredible returns, but I hear it from daytraders all the time. Just wondering if it could be done and if it has been done using weekly...

Yes but market exposure is much less for daytraders compared to EOD/Weekly traders. With intraday systems, you could even close out all positions at the end of the day, as to avoid the effect of overnights gaps. Does anybody know where the best place is to get intra-day tick data (or even...

I currently use MS/TradeSim for backtesting EOD and Weekly strategies. What good softwares are available for intraday backtesting? Does anybody here trade a mechanical system intraday? What returns are you pulling? I heard EOD/Weekly trendfollowing systems can be made more efficient...

This book is excellent. In my top 5 easily. I also disappointed that Curtis Faith doesn't trade anymore. What a waste of knowledge. But nice of him to share it with us. Michael, I have read your first book and found it very interested also. Just wondering, do you trade at all, or...

Hi, Just wondering if anybody out there trades a weekly system and how much they make in terms of %p.a.? Is it possible to make more than 30-40%p.a. trading a weekly system? I currently trade equities, but I like to keep an open mind towards other instruments. But forex and commodities...