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Dunn is at all time highs - of course they survive draw-downs, they chart makes that loud & clear. Most traders that take on large draw downs & survive are few & far between over the long haul. Dunn C. has been in the top 2 CTA's world wide. Dunn is old, he is semi retired. Bergin has added in...

A 50% loss will requires a 100% gain to recover from, even the best traders would be lucky to dig out of draw downs like that inside of a few years. It always looks easy on a back-test, not many have the conviction, discipline, patience, guts, etc. to stay with a bleeding system very long...

I absolutely consider strong $ mgmt as an edge - not 'the edge', but a core component of it. If there is a “secret” to trading, it has VERY little to do with trade identification and It has more to do with overcoming the human pitfalls of fear, greed and false hope. - one of the Market Wizards.

Risk mgmt is something you have absolute control over & I consider my edge to be the aggregate of all the things I have control over. Risk mgmt is a very large part of my edge. "I compile statistics on my traders. My best trader makes money only 63 percent of the time. Most traders make money...

Last Wed somebody put in a market order on SPY in the thinly traded hours at 11:45p est - man, the price was at 274 - they ate 20 points on that fill. It is never a good idea to trade when the liquidity is thin.

Or you can trade the mini Hang Seng on IB - MHI The MHI is $10 per point - average daily move of about $500 The HSI is $50 per point - average daily move of about $2,500 Exchange fee .45 cents

Just a follow up - target hit & position closed. The point being the market still provides great opportunities to make $ - it may have beat me on the bid-ask spread, but after that could not alter the natural price movements from playing out like they always have. Machines scored 1 tick versus...

Since 1897, this is the 4th-fastest decline into "correction" territory for the Dow from an all-time high. In Jan we had extreme market optimism readings world wide based on ETF longs - in Feb it swung to extreme pessimism. The herd is bipolar?

A traders most important study/analysis they can do is not on the charts but on themselves. The ahaa moment in my trading was when I turned the spotlight away from the charts and pointed it right at me.

It is obvious your backtesting profits are coming from getting fills not possible in live trading, your not taking into account slippage and the effect of the trades on the market which will works against you. Only a big HFT operator like Citadel can win the bid-ask spread every time...

IB Retail Forex metrics of % profitable accounts. Wonder what futures or options accounts would look like? https://interactivebrokers.com/en/index.php?f=3731

The 80's - dream on - nothing remotely close to a test like this existed back than in the DOS/Floppy/Modem era. Besides it tests up to 32 cores and the GPU. For a quick free PC test it's not bad. Probably did not even look at it. Sure you can buy more elaborate benchmark software if you run a...

Download the light utility, run the test and see how your puter stacks up against the 7+ million already tested. Shows you strong & weak areas. http://cpu.userbenchmark.com/Software

Well if you want to split hairs on this than sure - price can gap with no trade activity - however the gaps are caused by a supply/demand imbalances, which is the aggregate volume of buy & sell orders in the auction. Like I said, volume leads price - including the bid/ask orders in the auction...

If you search through a CTA database you will see that very few have RORs >50% over any 5 year time frame, and the vast majority of the best traders really thin out at about 35% or better ROR in any 5 year time frame. Those that have done a ton of work on risk mgmt have conclude that a...

I would guess that the reason why so many wash out in Forex is largely due to the very low bar to get an account opened and the large leverage available. The other reason being the constant back-filling and the big volatility spikes. Forex is not a break out market. This year I switched to...

Nothing unique about using a few moving averages & Ichimoku charts - these are just generic indicators. Seasoned traders put a great deal of their focus on their risk/trade mgmt and executing their trading plan - that has a much higher priority over the choice of entry signals. They would...

He is a pitchman/charlatan selling the dream of easy $ right out of the gate to the more naive newbies. He is claiming to make newbies profitable in a month. 'A fisherman always sees another fisherman from afar' All I am seeing is a pitchman.

No not on TOS. You can get live streaming global futures charts for free at investing.com.

Traders that take those kind off loses aren't around very long. Sure, you will get big gains betting the farm - you will also get huge loses, the kind that wipe traders out. Trading a smaller acct like that probably makes more sense if your willing to lose it all. On a larger account risking...