Testing a new strategy

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ddav

I was asked why not do a journal, so I decided to try to see if it could help. It is futures and all results are points per day rounded to whole number. I realized that I have a long way to go to be a really good trader. I am playing off a new strategy. Using mostly NT for a trading platform. So far results are:
Thursday 11-18-10.............. 9 points
Friday 11-19-10..............9 points
Monday 11-22-10..............8 points
Tuesday 11-23-10 .............9 points
Wednesday 11-24-10..............5 points
Total so far about 40 points over last 5 days or about $4,000 on 1 TF contract.
I misplayed a lot and will have to get better using this new strategy. For an explanation of the new strategy I am using, you may see it at link below.

http://www.elitetrader.com/vb/showthread.php?threadid=209678
 
This is so BS, if I was too old to trade my own methods, I would never "rent" it out, I would employ others to trade it with my own money, why let anyone else get 50%? But Americans being a bunch of greedy people and never ask the right questions, this guy is getting tons of private messages inquiring about getting it too, I am sure. All of this guys posts have had to do with this free advertisement.

And as I have always said, if you are going to pay anyone anything, demand 3-5 years of monthly brokerage statements, otherwise it is just a hoax.
 
Well, I will be keeping to my plan to improve my results with trading. I will try to at least get close to the TS profit report results attached for about the same 5 day period. I am doing this part time still, but I also missed so many good trades last week, that I know I have a ways to go for improvement. Dal...., Happy Thanksgiving and best trading. Han..., this contains "0" bs. I reviewed a commercial strategy recently from one of my brokers and the guy wanted $x/mo to rent his strategy that according to TS profit report only lost an average of $1000/mo for the last 2 months straight. All I am paying for this new strategy is 1/2 of my net real winnings, that so far has been ok by me.
 

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Nod..., thanks for the suggestion. See original thread above. That has as close to real time as I can get. All pics on thread were from real-time charts running real time on my computer. You and all can see them there. I am going to try to improve my poor trading abilities with journaling. I have no current plan to run it real time on the web. What I have reviewed so far seems to be too time consuming for my tastes, especially since I am doing it part time only at this time and I would need the developers permission.
 
Quote from ddav:

Nod..., thanks for the suggestion. See original thread above. That has as close to real time as I can get.
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It takes about 5 seconds to post a trade here. I used to post calls for CL trades, which is pretty volatile to say the least. I've never seen nor traded TF, so maybe it moves too fast to post a trade signal. Good luck with your trading!
 
Nod...., thanks. You are definitely faster than I. What I posted in the thread was a struggle for me to do. It definitely interfered with trade management and playing the strategy real time. I am also exploring other markets and have a no loss record so far in the E6. It seems to be as difficult to manage the trades there as in the TF.
 
Quote from ddav:

I reviewed a commercial strategy recently from one of my brokers and the guy wanted $x/mo to rent his strategy that according to TS profit report only lost an average of $1000/mo for the last 2 months straight. All I am paying for this new strategy is 1/2 of my net real winnings, that so far has been ok by me.
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Well...by your statement above you need not worry about paying for the strategy , because as you said ...' only lost an average $1000/mo for the last 2 months straight'....when will it be profitable...:D

How about we cut the crap....admit you are the developer and if you want to establish ANY credibilty on this thread (site) post real time trades; otherwise this thread should go the same way as your last thread....CLOSED....

The sooner the better...

NiN
 
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