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OP said CFTC, not CME. CFTC does make rules for Forex firms, but I do not believe it is as highly regulated as for futures firms... https://www.cftc.gov/ConsumerProtection/FraudAwarenessPrevention/ForeignCurrencyTrading/index.htm

I appreciate it, Tom. Thanks!

Thanks for the kind words, and your neat offer. I find taking others' work, and playing with it, modifying it, etc. is a great thing to do. I encourage people to send nomad a PM. One of these days, I'm going to program the Welles Wilder kit that exposed all of Bruce Babcock's strategies...

You are welcome!

You are welcome!

Thanks I appreciate it!

Thanks. Some very good books on it!!!

Hi Everyone - Many traders are looking for ideas for new trading strategies. People especially like entry and exit ideas, which of course are only part of the puzzle... Anyhow, I put together some fairly simple entries and exits I have used over the years in a free 42 page e-book "9 Terrific...

Personal observation, from e-mails I get and backtest results I see on various trading forums. My personal favorite is still the guy who could not understand why his real time results looked nothing like backtest. He had a 3 month backtest. 51 trades. 47 optimized variables. He saw nothing...

I did that on purpose, for 3 reasons: 1) There is no one right way to backtest. Lots of material out there from successful traders to review and possibly incorporate, though. 2) People need to think about the backtesting process more, instead of just slapping some rules together and...

Backtesting is useless for most people since they do it wrong. And there are many ways to do it wrong. The annoying part is that even IF you backtest correctly, you can still lose money. Past performance no guarantee of the future, for sure.

Bummer, although I don't understand how auto liquidate could lead to you losing 10% of your equity in one day, especially with SPY...

He could have been including state and local income tax in that figure.

So, which ones in your judgment are legit?

Really? Which ones? I'd be wary of any broker not trading with a regulated exchange like Nadex, and even that one is tough (high execution costs).

Trade it yourself, build a track record.

Interesting (as always!)... If you know - Was his switching based on the performance of his ES and HSI system (sort of like an equity curve switching approach), or was it based on some external switch (like maybe vol of ES was closer to historical avg than HSI to its historical avg vol)? The...

Agreed! That is a key one. You have to have the same data, or things will be different. Not sure why you see differences, but continuous contracts can play a big role, mainly becuase of different rollover dates with different vendors. I've had good Tradestation strats that look awful in...

Sorry to hear of your struggles, but your experience is a common one. I went through the same thing years ago, when I first tried my own backtest platform. Eventually, I went with a retail platform (Tradestation in my case). But I was scared to death at first. All the order functions...

Why don't you test different stop levels, and see what you find? You might be surprised at the results...