Check out my systems performance in the last 3 weeks. I kid you not !

[Macho]

Quote from zanek:

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If my account has $400K in it and I trade $100K each time, even if I'm down $164K, I still will make 20x that and my account will never be wiped out.

Thoughts ?

Thoughts...?

This is sheer fantasy.

You are not thinking. Would you have the nerve to continue to trade after a 164k drop (40+%) drawdown?And then continue as if nothing happened.

Theory is fine. Trading is totally different altogether.

 

[zanek]

Macho,

Thats a good point. However what if I just traded $50K each trade, then the drawn down would be $70K and the profit would be $1M

Thanks for the idea.

 

[Mav88]

If my account has $400K in it and I trade $100K each time, even if I'm down $164K, I still will make 20x that and my account will never be wiped out.

Thoughts ?

Blue horseshoe loves anacott steel

 

[zanek]

Mav88:

What's a "Wall Street" movie insider trading signal have to do with anything ?

Come on ! Stay on topic people

 

[SpankMeElmo]

Looks like you are ready to go on TV and sell your system to all the folks up at night. Good luck!

 

[Random.Capital]

Quote from zanek:


Come on ! Stay on topic people

The topic is - and I'm quoting the OP - "Thoughts?"

He gave his, so he's on topic.

Nothing that can be said on here will match the learning you get from turning the system on tonight (you're still doing that, right?), and seeing what happens.

 

[LEAPup]

Quote from Macho:

Thoughts...?

This is sheer fantasy.

You are not thinking. Would you have the nerve to continue to trade after a 164k drop (40+%) drawdown?And then continue as if nothing happened.

Theory is fine. Trading is totally different altogether.

No doubt his emotions will be on his sleeve after a dd like that! Op, like I said earlier, read, and LEARN risk management. As far as emotion, that's something only you can control. If you're one who can handle dd like that, more power to you, but I have my doubts.

 

[BlueTurtle]

I have a system that only trades 1,000 lots in the ES and only once per day for 2 points, 3.5 pt stop.

So far I am up $8234710897890723890127302983728903712

Then I paper-traded and "made" one billion "dollars"

then i got a real actual bill in the mail and realized...

ah.....ah.....well.....ah......

 

[Wide Tailz]

Quote from zanek:

The results are accurate, as I audited the trades and they are legit.

However, I tested back to 2007 and the results were not that great.

Damn it !

What happens if you reoptimize on that data (2007 to present) and let it run forward for six months?

It may be worth your time to find out.........

 

[spider348]

A) IMO you cannot predict issues like slippage, no fills, crosses, order errors, etc, etc. So I have no idea how you are account for that. Not getting filled is a huge hurdle with the futures, especially on auto strategies.
B) personally I would never run live a back tested system..wait..I mean I have and I know the outcome. Consider running in SIM or demo for a few weeks so that it doesn't calculate to fit the curve as back testing does,,,then figure in a generous amount for slippage, no fills, errors, etc.
Just my opinion.