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So let's assume I have a system with around 15% drawdown, over 40% return per year real money, and proven results through C2 of over a year. Is there a way for me to trade for a hedge fund? How would I go about attracting capital, or do I just need to settle for my many subscribers that pay...

Its a good deal if you know how to trade, if you don't and lose a $ million of the firms money. If you do lose the money, I bet their is a clause in the contract that says you have to make up the losses out of your money.

I made 100 pips on my short of GBP/JPY, was an easy win, but since I don't trail my stop, I did not make 200 pips that could have been made if I held it longer.

My worst trading is called revenge trading. After 2 months of no losses, I mean that, no losses not just profitable months, but I did not have a single losing trade, I had a loss this month. I got pissed off, and decided to break my own rules, and put in a directional trade to try to...

I rather trade with a close to a 1 to 1 profit vs risk. I have a 10% forex edge in that I am 60% winning trades future tested over a year with real money. Psychologically its easier for me to have more wins than losses.

An edge in trading means that you are doing something opposite from 95% of the other traders who don't have an edge. This includes being able to implement your edge in the most mechanical way possible if you are not like me able to program it for automation. Since trading involves when to...

Ok thanks. I will look for them. Also, thanks for taking the time to answer our stupid questions. I think everyone appreciates the work you put in here except the haters.

By the way, although I don't live off of trading forex, I do like the extra income I can make per month by trading at night part time. I would not mind trading full time, but it may be too psychologically demanding. However, maybe I will trade futures again if I get some free time in the...

where is the eld tradestation file for these paintbars? I have been trying to read all of the pages of this journal while I am at work but maybe I missed a few.

Well, I am a little upset I closed out a forex trade too soon, I had a profit target that it would have hit. Note: I am not using same method as all of you to trade. But what I share is that when you are trading with real money and are in a profit, its very hard not to take it especially...

I vote for RT Forex North on C2. Always uses stops and profit targets and has outlasted many of its competitors like Hawk and Positive Forex which blew themselves up along with their subs accounts. The problem with people who trade signals is the same one with most people who try to trade...

I vote A. I like reading this thread, I think its helpful.

Your paintbars look good. Do you have the code for them? I have not had time to trade futures for awhile since I work most days. Currently trading forex real money. I may dollar cost down once on a forex trade if my original stop is not hit. I have never tried dollar costing up. I may...

1) Sharing an indicator does not matter since its not a trading strategy. 2) Most people can not trade even if they finally find a winning strategy. 3) Most people who trade are gamblers. I read a cool article in the last Maxim magazine about the wolf of wall street. His "edge" was...

To Spectra/Puretick: Are you actually profitable this year? How big was your max drawdown in %? How much profit did you make % wise, not $ amt. For example, assume that I made a 50% ROI on forex, how did you do on futures?

I think alot of posters have given some good advice. I would add this. Think about what you want to do with your life. Only 5% of traders can make money full time trading. If you are not one of these, then choose what type of career or business that you want to be in. I also had a...

The problem with any method is that it will not always work, and since that is the case, most people who try to duplicate the method will lose money and give up. I actually only trade forex right now, but I know from experience that only a small % of people can actually make money strictly...

1) He would need to provide a copy of his financials to prove that he is a professional trader. 2) He would need to create a lesson plan and include his indicators that he uses for the student to be able to have in say trade station. 3) He would need to teach. and then provide follow up...

You have to realize only 5% of the people who trade make money long term. So you have to decide on the opportunity cost of spending your time and money working on a strategy that only has a 5% chance of success vs doing something else with your life to make money and succeed at. No one...

The problem with your backtests is that they never work in the future with real money. There are a few good systems on C2 like RT Forex North that have survived for long periods of time, but out of their over 5,000 systems I have only seen 3 that continue to work and yours is not one of them...