Have you guys tested this one?
http://amntrader.com/AMNTrader-com-Pattern-MNTrader-1-34/
Is.it.too good to be true?
http://amntrader.com/AMNTrader-com-Pattern-MNTrader-1-34/
Is.it.too good to be true?
AMNTrader trading system
- Thread starter ssp729
- Start date
If you have to ask the question, then yeah, it is.
My two cents:
1. the data presented is over a year old; why not current performance?
2. 1782 trades in 2 months; ~40 trades/day means it probably trades 24hr running; will need larger margins
3. I have found conclusively that Ninja 8 back testing produced corrupt results not aligned with forward walk data.
I would ask for current data that is forward walked.
1. the data presented is over a year old; why not current performance?
2. 1782 trades in 2 months; ~40 trades/day means it probably trades 24hr running; will need larger margins
3. I have found conclusively that Ninja 8 back testing produced corrupt results not aligned with forward walk data.
I would ask for current data that is forward walked.
"Result of trading on DEMO account".
1. the data presented is over a year old; why not current performance?
2. 1782 trades in 2 months; ~40 trades/day means it probably trades 24hr running; will need larger margins?
3. And if it is so good why trade sim account and not cash account??
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I wouldn't rule this guy out. He's offering free testing of his systems. It looks like indicator-based strategies. Don't know about his back testing stats. But if he's offering free test trial and you're interested in that type of trading, then try it out.
7 days for $59... Have you tested? I'm seeing a lot of red flags
With one caveat; why take a free trial, then hundreds are available, for strategy with data that is a over a year old,, not traded in a cash account and for which the originator will respond to repeated inquires?