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Morning InTheMaking, You brought up a good point regarding "load it up like no tommorow". Should traders always seek to scale up "like no tommorow " when they found an edge? Even if the edge showed good returns on a few trades in history. I belive the answer is yes. Because finding an edge...

Hello qxr1011, Few questions : 1. How does a trader find an edge in trading to make money in your opinion? Thanks

Great work MidwesternTrader and thanks for posting. Few questions please. 1. Is each instrument you trade uncorrelated? 2. What do you mean by variants? 3. So, you run a total different system on each instrument? 4. Are your systems running continuously regardless of market conditions, or do...

Hello wtpWTP, Please make obtaining your college degree and career job, your first priority. This will pay the bills and allow you to save money. Continue watching the markets seeking a proven profitable trading edge(s). Stay in demo until you do this. I am still in demo and I will stay here...

Thanks MidwesternTrader for replying. I agree with your back testing sample years as mine is only 1-2 trades depending on number of trades. Yes, everyone here is helpful and lookforward to your journal results. once i find an edge(s) and go live, I will start a journal as well. The journal...

Thank you MidwesternTrader for the well written response. For your intra day strategies, how many year(s) or trades do you back test for? I ask because I develop intra day strategies as well. Thanks

Hello MidwesternTrader, Are you using the same type of trading system on all 8 future markets? Thanks

Hello MidwesternTrader, Very good post you have here. I am also learning systematic trading and developing/programming strategies for Intraday trading only. I agree with you on this, one system will not work for long time. For stop loss placement, I am also experiment using a ATR of 10 bars...

Hello, I heard about this competition years ago. I feel bad for the investors who on earned 2% annual return during this bet. I'm sure it feels awful when the regular old working person made more in 401k with sp500 index then someone who invested in a hedge fund years ago. The common...

Hello Handle123, Very good post. What do you mean " 3000 sample size"? Are you stating backtesting a strategy with atleast 3000 historical trades? Thank you

Hello qxr1011, Can you please elaborate why you say F Ernest Chan? Is he not well respected teacher in the automated trading arena? Thanks

Hello radha00027, Thanks for article. Why does crude oil above 20, 50, and 100 day average mean oil prices could go higher? Thanks

Thank you Van_der_Voort_4. I appreciate your response. You wrote a good response that is simple to understand. I also programmed and back tested breakeven exit methods and, it does reduce drawdown. I can use this strategy to post results if you or anyone like to see. I also programmed and...

Hello sjain100, I am in the same boat as you, searching for an profitable robust intraday trading strategy. I use NinjaTrader to program strategies. I used ThinkorSwim when I manually trading. It is an awesome platform to trade with. If you are holding trades for longer days, I think 60 min...

Hello sjain100 and Happy New Year, Are you manually backtesting or using a computer software to back test? Are you a day trader (trades close end of day) or swing trader (hold trades for longer days)? If manual back testing and you are a day trader, I would recommend backtesting your strategy...

Hello shatteredx Thank you for sharing your analysis. I am interested in how you designed an ATR profit target. Did you use something like 3xATR as your profit target or some other method? I would like to do an anlysis as well. Thanks

Thank you Simple for your explanation. This is a good explanation.

Hello Laissez Faire and thanks for response. Good comment and now I understand. Considering I only intraday trade from market open 8:00am to 3:15pm, this would make sense with to use ATR with small period to range of recent price action.

Thank sle for the clear explanation. The above quote is the stage I am. So here is my work flow process: 1. Watch the charts everyday 2. Find an trading idea that looks repeatable and simple and could possible make money. 3. Write the strategy on paper 4. Program the strategy 5. Click Back...

Hello sle, I apologize, I was not acting. Keep in mind this whole trading strategy development theoretically discussion is kind of new to me. I am learning as I work. I should have stated it better such as: your writings is above my current knowledge of system development. I honestly thought...