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it depends on what type of system it is in re to what is acceptable, ideally in any system you want gross profits to be at least twice the size of gross losses. most good systems look like this; win rate: 50% win/loss ratio: 2.2 drawdown: 30% avg. ROI p.a : 50% but to get an idea of how...

there is a way to capture dividends. a whole bunch of guys down here in Australia do it every day. i have a fair idea of hows its done, and over a small sample size (30) from using yahoo data and streetevents.com my model has made money. i have no backtesting program that can test this idea in a...

confidence in your method and yourself.

ive got UTSI on my hotlist. looking for break above 7.75 with volume. using a .60c stop. hold period(swing) 3 - 14 days depending on price action. will notify when entered and exit.

Brisbane/Gold Coast here. guys why isn't there a prop shop around here. we need to pool our resources together and start a arcade. im serious. anyone keen?

heres a interesting chart guys. whatta ya reckon? time to play bouncey balls or sinking ships?

you could also try your state bank. their fees are higher than brokers though.

"Therefore generals who know all possible adaptations to take advantage of the ground know how to use military forces. If generals do not know how to adapt advantageously, even if they know the lay of the land they cannot take advantage of it. If they rule armies without knowing the arts of...

mogul and jrkob, i respect your opinions and have nothing against you two. but i have to disagree with the points you are both making, because stops are gunned, and systems have statisically performed worse once made public(i have been told by respected traders). i think once you get past a...

first understand why traders buy and why they sell, then; 1.) develop your own theory 2.) exhaustively test 3.) re-design 4.) exhaustively test 5.) keep repeating the above until you 'know' you have got it 6.) papertrade for at least 30 trades 7.) start trading live using lowest risk%...

to steve or def, why is there a gap in my idealPRO forex charts between 5 - 8pm EST, can you not trade forex through you guys between those times? thankyou.

yes historically this system stops you out 10% of the time, but now its public i dont think it will remain this low, just like any other system that is disclosed to a wide audience(check how many views this thread has had!), you can expect more of this. you will see that most of the...

i wonder what sort of tolerance buffet and gates have got; 1.23? 1.21? 1.19? did you say you expect the market to rally 500 pips?

i agree with you on most part neo, but wouldnt it be nice to see a group of guys each with 10,000 contract buying power get together and smoke his ass in 1 day?

for those that don't know, rotter is a guy who has harnessed recent tech and developed an algorithm to own the spread, he hangs around mostly in the debt and interest rate markets and is most noticable by looking at the spread(watch the 10yr, hes not there everyday, but you will know when he...

why does the euro futures trade at a premium to the cash market whereas the gbp and aud don't? thanks.

matrys, i agree with what you say but imo historical data is the best thing you've got, trades can be independant but for some systems they profit of certain market cycles, so trading streaks can be explained, so once you get the skill you can discretionary trade systems i.e. asset allocation...

equity curve tatics will hurt systems in most cases, but if he doesnt have some sort of equity insurance for a half ass edge, when does he stop trading it, 30%, 40%, 50%, 60% drawdown? so even if you do stop trading a system and it then proceeds to turn profitable again, it doesn't matter...

you know your got a real edge because your method captures some sort of market behaviour and you understand why it works and when to change parameters and when to stop trading it. think in terms of poker. if you don't know if your got a real edge, i suggest you record historical maxDD%...

this is nothing more than a loser making himself feel better. the financial markets are one of the last standing free markets where average joe can make a very decent quid.