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  1. SimpleMeLike

    Question for TST Traders

    xoxo555, Great trading! If you not comfortable with 15 contracts, do no trade 15 contracts. Remember, you have to be comfortable in your trading. We don't want to be all stress out trading. And also, no rush. The market will be here for the next 1000 years.
  2. SimpleMeLike

    Validation for Vendor Trading System

    Bellwether1 thanks for response, Good response. I also believe 10 years of data is irrelevant "dependent" on type of trading system. If its an intra-day (2-4 trades per day) trading system, no way someone can manual back test for this amount of years. For this case, (and I could be wrong) one...
  3. SimpleMeLike

    Validation for Vendor Trading System

    Thank you Bellwether1 for your response. Very good comment. Is there a specific number of trades to back test and forward test for an intraday trading system? In other words , does 200 trades of backtest qualify for an intraday system that have about 2 to 3 setups per day? Most people...
  4. SimpleMeLike

    Question for TST Traders

    Lol hahahahah, That's funny. Well, I guess the beauty and the beast of trading. Hey, i understand what you mean for sure, i don't see the beauty now either, nothing but hard work and 90 degree learning curve in my trading arena. Lol
  5. SimpleMeLike

    Question for TST Traders

    Overnight, Isn't this the beauty of trading? Trading is free mind. What makes sense to you, may not make sense to someone else. TST has the perfect business model and very simple if you understand the rules. As long as the rules are very clear, then its game on. As Master P (I think he said...
  6. SimpleMeLike

    Question for TST Traders

    Hello Overnight, Good question, and I do know the answer for that. I wonder the same thing. Maybe for marketing purposes to think you are actually getting a $50K account. That is not true, you only get $2K account. Also, their is a cost to the Combine. Overall,
  7. SimpleMeLike

    Question for TST Traders

    Hello Overnight, Well, that is essential what TST provides. They provides a $2000 trailing drawdown account. And allow you to trade up to 5 contracts. This does not mean you have to trade 5 contracts. I scaled all the way to 1 contract so the $2000 trailing drawdown has lower odds of being...
  8. SimpleMeLike

    Validation for Vendor Trading System

    Thanks southall, Good comments your written. I am nowhere near risking my money or anyone else market at my stage in my trading career.
  9. SimpleMeLike

    Question for TST Traders

    You're more the welcome xoxo 555, have fun and enjoy the journey. I was with TST for 5 months and experience no issues with their service. Very good customer support as well. And I learned alot too.
  10. SimpleMeLike

    Validation for Vendor Trading System

    Thanks southall, The problem I have notice with my friends is when they start trading a system they may some experience losses. Then they say "this system does not work cause I am losing money now, how can I make money every month, if I just lost $1000 or so" They think of it as "this trading...
  11. SimpleMeLike

    Validation for Vendor Trading System

    Thanks for the comments southall, A friend and I were debating this discussion "good trading system". What is a good trade system? For an income trader, is it a system that makes money every month, cause bills are due every month? But what happens if you just start trading the system and...
  12. SimpleMeLike

    Only a Market Crash Can Stop Warren Buffett From Winning This $1 Million Bet

    Hello, I remember this bet. LOL, and all he did was buy 1 time and hold. The hedge fund probably made over 5000 trades already and still lagging the index.
  13. SimpleMeLike

    Question for TST Traders

    Think of it like this with the $50k account as an example. Forget the $50k marketing, and pay attention to the $2000 trailing drawdown. 1. Can you start with $2000 account and make $3000 profits without balance going to $0. Max contracts is 5. 2. If question 1 is yes, can you do question 1...
  14. SimpleMeLike

    Validation for Vendor Trading System

    Thanks Steve for commenting on this subject. It is good to have some diversity on this subject. For me, currently, I am both side of the fence 50/50. I have no experience on rather or not a vendor system works or not, but I believe I do know the right questions to ask and information to prove...
  15. SimpleMeLike

    Validation for Vendor Trading System

    Thanks Steve for commenting on this subject. And major thanks for the free working system. It is good to have some diversity on this subject. For me, currently, I am both side of the fence 50/50. I have no experience on rather or not a vendor system works or not, but I believe I do know the...
  16. SimpleMeLike

    Question for TST Traders

    Hello, And congratulations on taking on the TST challenge. I have experience with them my self as i have also tried the TST. Here is some : 1. Becareful of the drawdown. Make sure your method and contract size will allow you to trade comfortable enough through out all 3 stages. Let me...
  17. SimpleMeLike

    Mistake Made Trading Outside System Rules.

    Thanks for response murray t turtle, I agree with you, the trading system needs a daily loss goal before stop trading for the day. And this daily loss goal will be programmed and back tested in the system.
  18. SimpleMeLike

    Back Testing Accuracy with OHLC data

    Thanks stepandfetchit for responding. According to Ninja Trader, "During backtest, strategies can ONLY be processed at the close of each bar" See the attachment. I also called Ninja Trader support regarding the same example i ask you during back test and they say the accuracy issue of...
  19. SimpleMeLike

    Back Testing Accuracy with OHLC data

    Thanks stepandfetchit for responding. Yess, that makes sense. Excuse me, you are right. i can not enter trade at low of next bar. Yes, that is clear, when I run the back testing software, I will not know data from the past at all. That would not make any sense for me to use data in the future...
  20. SimpleMeLike

    Back Testing Accuracy with OHLC data

    Thank you stepandfetchit for responding. Yes!!, now you understand what I mean. I don't want flawed back testing. If 53.44 gets filled, then this is not right. So moving on: What means this what you say "You must insure if your criteria is impacted by the (HL) criteria, you guarantee the...
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