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For what it's worth, when I was using another MA + price system from another thread, the only way it was profitable was to stay in every trade until the MA slope changed. I tested with a few different fixed targets and each of them resulted in net losses. It is my conclusion, then that a trend...

What if we were to add the following condition: Only take long trades after HH HL. Only take short trades after LL LH. That was one of the necessary components for the variant of jjrvat's sytem that I was using to be profitable. Taking every trade was bad. Taking trades following the...

Exactly my experience. That will happen sometime regardless of MA period used.

I remember reading about a system on a Forex forum years ago called "Lucky 7" or something like that where he basically had a trend following system and would increase the position size each time he opened a trade until he had a profitable trade. I think eventually he revamped he system to go up...

Thanks for the PM. I remember that thread. I was never able to turn it into a consistently profitable system despite spending some time trying it. I believe slower moving averages have a better potential for something like this. 60 is the fastest I would use. I played around before with some...

I tried something similar years ago with a 60 period MA. I thought I had stumbled onto the secret of profitability until I learned that, like you said, you will get chopped out so many times it will wipe away your gains.

Yet most of those people cannot define "price action."

I didn't see the ES falling when I made that post. I'd understand if the S&P fell because of Apple since Apple is in the S&P. I know there is some correlation between the indices.

Apple isn't even in the Dow. Why would it affect its price?

Fact?

Thanks. Are they worth trading or are they just fun to watch? Or in other words, are there any reasons one shouldn't trade/invest in them?

Like the S&P500 except instead of 500 it's like every stock on the entire market. Or what's the ticker symbol?

Lol seriously? How much would shipping be on all that? Dumb question: who ends up with all the contracts if everyone sells them before they expire? There has to be a buyer right? All these people aren't taking delivery on silver, barrels of oil and frozen orange juice.

Hey capt. Caps, I said "what" because your post made no sense. This one also makes no sense. What does one's reality have to do with buying physical silver pushing up the prices?

I'm not sure I understand why that's an issue.

If you hold a silver contract to expiration do you take delivery of 5,000oz of silver?

What?

Looks like I will be sticking with the ETFs. Are there any to consider besides SLV and GLD?

You should start a journal in the journals forum where you post calls in real time.

Do you have a journal thread where you post calls in real time? Your after the fact charts are pretty.