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this post and last long post - makes for a hilarious reading man :) Reminds me of my early days :) only difference was I never listened to smart traders, just went on blowing up unstopped. I will ask you to ask yourself a question : Do you think a proficient and successful trader (lets say...

closed at 57.5.

out at 57.75 for 3.75 pts. Now Short 57.75, stop at 59.25. Edit: moving stop to 60

long 1354, could have gotten in for 1 tick better price, mistake in execution

I asked earlier if anyone knows the difference between portfolio backtesting capability between multicharts and tradestation. Even though noone has replied on it yet, but I have a specific follow up question and I will put it here. If you want to test multiple strategies on same symbol...

out 1356.25 for a 1.75 point loss.

long 1358

Short term tactical trade call: Long EURAUD 1.2395, Target 1.26+, Stop 1.2295 (R:R 1:2). If target doesn't reach, exit at end of week.

Thanks Mav for the insight into your brain!!

Thank you very much Mav. Very informative. Btw, your point on AUD with equity correction is spot on :) Separately, very curious why do you see an equity correction coming up shortly ? Because this is definitely not ACD, rather this is your market experience and knowledge - or maybe you are...

Eurchf peg is not an assumption, it is reality. If you think over next 12 months, Usdchf is going to get crushed, it is the same trade as Eurusd rallying up. There is no assumption about it. Having said above, the truth is that CHFJPY has experienced a very clean breakout. So, net net I am...

yes correction is typically minimum of 10% agreed. Also agree that SNB is not taking any direct action against yen. The peg I am referring to is Eurchf peg only. Following is what I am saying. Long Chfjpy position is synthetic long Usdjpy and short Usdchf position. If Eurusd falls, to...

If equities have a sharp correction (say 5-7%%), eurusd will fall say 5-7 big figures, add in some Europe and eurusd will fall 8-9 big figures. To maintain the peg, usdchf will move higher 5-7 big figures. In this scenario of equity correction, the chfjpy trade will most likely go against you...

Bingo. I will be going long usdjpy - hoping to get a price around 79. This move has been unthinkable over the last 1.5 yrs. From 2008 itself, usdjpy has been just going down and down. The breakout looks clean, and over the next few months won't surprise me if it touches 90 - but resistance would...

I have noted this myself in my very limited experience of following spreads. 3 cheers for writing it out clearly. You are good Mav.

coming to the topic at hand, does anyone know how TS portfolio backtester compare to Multicharts portfolio backtester ?

I have completely overlooked use of indicators in my trading, I have been trading for 3 yrs and I don't even know definition of RSI. :) LOL I was thinking this weekend if I should look at indicators - maybe there is something useful there. and then I read your post. Do you mind writing which...

just trade 1 contract in your futures account - not 3, not at all. if you want to trade 2 contracts to allow for scalein/out, then put in2-3k more in your futures account. I think its a fantastic decision to open a separate account for futures trading. You will be able to build skills in...

ofcourse B would be better in almost all imaginable cases. Only negative case would be if your average win in 2nd case is much much smaller - say 0.01%. In that case maybe first case would be preferable. Again, getting to a formula would be tedious and I am not sure possible. A much more...

Congratulations and Thanks for taking the time to do this experiment on 2 separate accounts and verify the results for yourself and others! Many questions in trading are hard to solve - like which vehicle to trade, what timeframe etc. But on closure analysis, its possible to prove both...