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Thank you Chuck Krug for sharing.

Hello mlawson71, Thank you so much for sharing. I am seeing in this trading business its challenging to trust anything beyond a traders own unique way of trading for profit.

Thank you, I will email you. Thanks

Thank you for the response. I am am developing and back testing automated trading strategies. I have not started running these strategies with live money yet. You have alot of experience in the markets. May I please have your personal opinion, experiences, other's experience, or...

Bob, Thanks for your generous and good response. How did you know your edge was gone? What did you do to define your path? Thanks

Thank you truth101, Very well written and simple understanding. Everything you said is true. How I know its true? Cause I started with $5K cash in the market and said "forget sim, I have a college degree, this will be easy" and lost it all. lol, I been in sim every since.

Hello Raidear, Great question you ask. Think of becoming a good trader as great business owner and employee of your business. Becoming a good trader is the same as becoming a good employee. What type of trader do you want to be? part time, full time, day trader, swing trader What is your...

Hello Turveyd, I can relate and understand your comment of confidence in trading. You are correct. I recall when I was taking trades with real money, I was certainly not confident in some of my trades and what I was doing. It was like I was just trading in what I believed in on the charts. I...

Hello Turveyd, You do not suck. I have started to learn to think of trading as a business. If I lose money in trading, it's my responsibility to know why BEFORE opening the store for business again. Especially when it's losses generated outside of my business expectations.

toc, Can you please refer a resource or yahoo group for NinjaTrader strategy development? Thanks

Phoenix137, NT should have the replay data that you need already.

Thanks the themickey, Good point. Define "x" days please? What happens a month or two after click starting on the algo(s), the algo(s) goes into drawdown? If my algo drawdown prediction is $10,0000 and in about 7 months after starting algo, I am down -$6000, what do I do? Do i just stop the...

Thanks themickey, Good comment. When I click start on algo, i will have capital im that algo that's meets the backtested drawdown requirements. After clicking start, the algo will either hit that drawdown, losing all the money invested that algo or rise to higher expected profit like it did...

Hello, Check with NT, but I belive NT7 market replay data is free. Are you referring to tick data purchasing for backtesting?

Thanks themickey, I can understand what you mean, that the algo may need updating, but not soon as I click start on it. I will let the algo hit drawdown before stopping it. Again, this is just my thoughts.

Thank you themickey, I respect your comments but I disagree with you. Maybe I am just inexperienced (only be developing my own strategy for about 3 months. Learning to program and my platform) If I do a backtest and a 5 year report shows a year after year profits to my liking, then I will...

Thanks for your comment. What do you mean by dynamic process?

Hello, If your chart settings make money, then the chart settings make sense. If all that stuff on your chart help you make consistent money, then keep there. Get an extra screen for extra viewing.

Thanks Spectre2007, My strategies I test are typical scalping for 8-10 ticks profit targets on the 3-5 min bars charts, so there are times where the entry and profit target (or stop loss) occurs on the same bar. Using OHLC data only during back testing can reveal inaccurate results for this...

Spectre2007, Do you run intra day or swing trade automated systems? What are you thoughts on the accuracy of Strategy Analyzer? I am currently comparing Market Replay back test vs a Strategy Analyzer back test to check for accuracy of Strategy Analyzer. Thanks