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Hello, So I have programmed and back test a few intra-day (5, 15, 30, and 60 minute charts) trading systems on my development platform. My problem is I do not know how to evaluate the performance of the trading system I am programming and back testing besides looking at the net profit. A few...

Thank you for sharing and keep up the great work. What markets are you trading?

Congratulation to you JamesEM, I have followed you on youtube for awhile and you have also gave me help alone your journey. First off, you are very good writer. I can not relate to your consistency profitability status yet, cause I a have not witness that for myself yet. But I am enjoying...

Hello, I wish you all the beat man. I am cheering for you and I be here when you reach your goals. We all want to be millionaires soon. Go for it. And go luck to you. Live your dream

Thanks Handle123, I like your answer! $3K sounds good and conservative. So if my initial capital is $3K, I do not increase to 2 contracts until balance is $6K. And continue to 3 contracts at $9k. Reduce to one contract if balance returns to $3K. Sounds simple enough for me.

Hello Handle123, Question for you. So I have a automated trading system programmed and back tested and I like the performance metrics. I started trading the system live with one contract. What is your approach for scaling up the contracts? After account balance doubles? Thanks,

For the OP, I would also recommend for each trade record the Maximum Favorable Excursion (MFE) and the MAE Maximum Adverse Excursion ( MAE) during a mannual back test. Also, add a comment column incase you think of an idea or opinion when back testing. I would also add a column for market...

Hello Handle123, You are correct. Freedom to do as please and work for what you want is rich for me. Programming and back testing is the best advice you ever could have given me months ago. YES YES, it is very time and problem solving, but I can see the profitability of a system in minutes...

Hello, I don't know what bitcoin is and I really don't care and neither should you. Alllll that matter is making money. Buy low and sell high. Or vice versa. Not sure what all the talk about is about. Just buy and hold or just trade it like me. I don't need to know what it is and news articles.

Hello S2007S, How do you know it will drop 1/3 in a few days? Do you have some proof of this please? Thanks

Visaria, who is your broker?

Hello Visaria, Thank you and yes I know!! I just found out last night they was not regulated. So bitcoin redrawn back to Coinbase and i will sign up at simplefx as my broker. Who are you using as your broker for cryptocurrecncy market? Thanks

WOW, that means someone is about to lose a bunch of money. That seems like alot of money.

Me too. Me too. Ugghhhh. But oh well. I can't buy for long term at these prices.

Hello algofy, I am using the cryptocurrecncy market and using jafx as my broker. Yes, I am buying and selling partial coins. lol, I can't afford buy one coin. I trade the BTC/USD market.

Hello algofy, I am trading it manually. I did not manually back test it, but I need to just being lazy. I took a day trading swing strategy I used in the past and just went for it. I just trail the winner by a $100 bucks and let it go. The margins are low to enter that market and can trade 24...

Hello algofy, Bitcoin is slower paced and trends well. Sort of like NQ, but slower. Not alot of choppy and can trade it 24 hours a day. Manage the risk and reward, and all will be fine. Sucks Ninjatrader doesn't support cryptocurrecncy market data feed yet or I been automating something for it...

Hello schweiz, Of course I can. Those people are scalping around to make money. There is more then one way to make money trading besides HFT. It's not as hard as you making it. You manual back test a strategy (for free) to see if it's profitable, then trade it to make money. Scale up as...

Hello trader99, I completely understand. I did the same, but we see what happens. Let it go.

Hello, They have trading systems you can invest in that have beaten the S&P500 by large numbers year after year. You don't have to invest in hedge funds with the hope of bearing the SP by a few percentages..