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Did you trade 11 systems before? Are you implying the other 6 not working anymore? That could be very valuable experience to share with us. :confused:

Capital. :D

2 cents: A trend trading system would possibly have to pick up all the noises (even after filtering) in order to catch each nice trend earlier enough to maintain a good risk/reward ratio. The noises to a pullbacks (anti-trend) or retracements (pro-trend) system would be mainly Real...

That makes sense (for a journal trading intraday). Australia. :)

Thanks for your feedback. How about the margin ratios you use when associated with these %? What would be the maximum number (say 3 or 5 trades consecutively) of losing streak you would estimate from your system? Would like to see one day a trade you use 20% capital. :cool:

Just not quite sure (if my chart is correct): The problem with my 1-min chart is you should be selling at 1.2331 while the post's time stamping at 03-23-04 06:29 PM. For selling at 1.2345, my chart shows the timing should be around 06:24. that is 5 minutes earlier than the post...

Just curious to learn: Why would you change originally from using 10% capital to 2% , as it appears your performance so far has been proven very profitable and consistent? :cool: Under what conditions you use 10%, why not 5%, why 2%? Are you going to use 10% again soon? :confused...

Apparently you have had a very good and profitable system. Thanks for your thread and for having us to share ideas here. Signing off now. Bye! :)

Go to bed now. Talk again later. :)

We may try to think about that: Taking partial profit could allow us Not (neccessarily) to move all orders to a breakeven level too early (of course providing our directional trades are good enough). :confused:

We need to understand first the purposes of stops. A trailing stop can be used for profit protection, limiting loss, SAR, etc. that could be too complicate for us to handle today. Moving stops too early to a breakeven level is required mainly because we don't have a high probability conviction...

I think you need to prepare the worst case for what would be the maximum loss after a maximum number of losing trades. Consider to trade 2 contracts, of which 1 contract will be exited at a fixed profit target say 20pips. :confused:

Hi Baruch Here are some suggestions to your current system with this thread. Perhaps you don't have to spend any time in analysing news in order to improve the timing of entries. (As you may not place an order against a 100% clear signal if the current market direction is against your...

No comments.

It wasn't trading. It's investment through a friend, under complete trust. :confused:

When reviewing your systems, Don't forget the importance of how mcuh and how many consecutive trades of drawdown with each system. Intraday trading would be better to controldrawdown, but the risk/reward ratio can be very poor, mainly due to the stop loss and profit taking strategies...

Perhaps we need to observe much longer time, I guess. Surely he knows how to improve his systems from time to time. :cool:

The whole stock market crashed that year. :mad:

I trade on multi-day swing basis, which would be different than yours. I need more time to study your systems for further comments. Perhaps you need to keep s record to analyse every trade afterwards. :confused: Very often we can find many mistakes deviated from our original plans...

It seems he has set certain pre-determined loss limits. As said, I do not understand much of his system. :confused: