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$200 million, I probably would not trade any more. Maybe I trade with $30K, but I am not back testing anything.

Thank you Ilan Levy, I will watch the video.

Hello Ivy, I am using the 3 minute bars. Yes, range bars I have thought of using because now I trading the actual price and not the close of bar. I can make decision based on range bar close. There are those times when big bars causes entry far from stop loss.

Please provide proof forward walk testing is useless as back test.

richDude, Stop with the bullshit man. I do not know if you being serious or trying to just fuck with people on this forum because you bored or something. If you can't post nothing with logical proven stats, just don't post man before you confused some innocent person. Its enough clowns on...

I watch 3 minutes.

destriero, If failure rate is so high, then why do people trade? My answer is, trading offers more than just money, it offers freedom and Time and passion and adventure to do what a person wants to do daily with low overhead cost.

padutrader, Do you back test or forward test and prove profitablity/edge with your way of trading?

Hello OldDad, I been trading for 4 years and made -$14,000 so far. Don't quit his day job and current career. Tell your son 1. Keep his day job and find a better job. Gurarnteed income to pay the bills 2. Invest in 401K, buy the S&P500 index monthly 3. Invest in quality proven trading...

Hello padutrader, Are you a scalp trader? Do you prefer high probablity which required bigger risk? Or low probability , big reward and small stop loss.

This was a good post. I like what you did. I often think about this post you said. I am preparing a similar back testing spread sheet. Just a few questions. 1. What do you mean by thousands of signal occurrences? Does this means, you took 1000 trade setups? 1. So for each entry you took...

richDude, I respectfully disagree with you Backtesting proves if a trading strategy/idea have postive expectancy of XXX to XXXX trades correct? Otherwise whats the sense in backtesting. Explain your comments

padutrader, The only question is what to do when a trading range is observed. Buy low and sell high?

padutrader, I face the same thing with the confident issue even though I am continuous learning. The problem I realized is these below: 1. Failure to back test for XXX amount of trades my way of trading with clear entry and trade management rules. This means go back to January 2nd 20XX and...

Thanks padutrader, I just noted to try trading on different strategies and methods on 3 other instruments. This is a good point. I trade crude oil now, but would test on NQ and RTY as well

lol I agree with you. I hate when I hear or read someone says "All you need is good risk management"

I agree with you with Al Brooks. He has helped me as well with my trading journey.

2rosy, How can the automated trading system be programmed to trade support and resistance? I can only identify support and resistance with my eyes. Thanks

Hello trader1974, I believe YES, if the XXX to X,XXX amount of trades you take have positive expectancy overall AND you are comfortable and having fun trading this way. The only way to know is to try it.

Hello DevBru, Thanks for the response. To do reduce stress or overtrading, I only focus on 1-3 trades per day. I appreciate the advice.