Been reading the current (Dec 2006) edition, specifically the article on page 38 'The Importance of Time'.
It describes a couple of systems, the one I was interested in was the 'EU follows US' system, based on trading the ESTX50 futures.
The stats I get from this are as follows:
Trades 260
Winning trades 156
Losing trades 104
Net profit â¬11,227 which equates to 1122 points net.
Thing is, these figures are taken from Jun 1998 to Dec 2005.
Thats approx 3 points per week.
Obviously, this system does not give too many signals, less than 1 per week.
Thsi system is put forward as a half - decent one.
This got me thinking, since I have a target on the EZTX50 of 25 - 30 points per week.
Over the same period, this would equate to approx 9000 points net.
But the system as described still returns approx 97% on capital pa
Just wondered if people are actually trading such systems.
Any views ?
It describes a couple of systems, the one I was interested in was the 'EU follows US' system, based on trading the ESTX50 futures.
The stats I get from this are as follows:
Trades 260
Winning trades 156
Losing trades 104
Net profit â¬11,227 which equates to 1122 points net.
Thing is, these figures are taken from Jun 1998 to Dec 2005.
Thats approx 3 points per week.
Obviously, this system does not give too many signals, less than 1 per week.
Thsi system is put forward as a half - decent one.
This got me thinking, since I have a target on the EZTX50 of 25 - 30 points per week.
Over the same period, this would equate to approx 9000 points net.
But the system as described still returns approx 97% on capital pa
Just wondered if people are actually trading such systems.
Any views ?