how to select the most profitable strategy
- Thread starter robinxing
- Start date
Yes, but that system went negative by more than $10,000 before it even thought about showing a profit. IMHO that type of drawdown is too much for any trading system or trader to sustain, financially for most, but definitely psychologically for all.
It's too punishing.
There are plenty of automated trading systems given away for free at the tradestation blog, I'm sure you can find one.
Here's one, that, if traded correctly can do very well over time.
Turtle Trading System
It includes extensive information on money management, which is the most ignored part of trading, and it's also the most important.
Best Regards,
JJ
that system simply does not work. have u factored in slippage and commish?
5000+ trades generates huge commish, that strat will make no1 except your broker happy
You might consider if profit is the only way to judge a system.
Sometimes I choose a system that shows less profit but has lesser and shorter losing streaks.
I read that software is available to study the performance of trading systems.
You might wish to include slippage in any back testing.
You might want to examine what happens when you trade a portfolio of securities rather than one security.
No one can predict the future. All testing does is describe the past.
Sometimes I choose a system that shows less profit but has lesser and shorter losing streaks.
I read that software is available to study the performance of trading systems.
You might wish to include slippage in any back testing.
You might want to examine what happens when you trade a portfolio of securities rather than one security.
No one can predict the future. All testing does is describe the past.
For a newbie, trading the system in a one lot is the best way.
There's more to systematic trading than quantitative analysis/reserach/development and all the computer stuff.
There's more to systematic trading than quantitative analysis/reserach/development and all the computer stuff.