Testing a new strategy

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Quote from ElectricSavant:

The place for keeping a daily journal of wins, losses, and anything else related to your quest of becoming a better trader.
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Since this is a journal, yet contains no wins or losses that I can see (no charts or trade blotters indicating the OP's entries and exits), I'll help fulfill the "anything else" criterion for this journal by recommending that ddav buy/sell at the first signal that appears and close the position when the opposite signal appears. I recommend 1 contract to start out and get a feel for trusting the system completely, then add size as ddav's trust and account grows.

It seems ddav has an infallible system that does all the hard work (waiting patiently for a signal, then alerting the trader as a candle is still forming) and incurs no losses.

I can't imagine why a journal is needed at this point unless it's psychological issues keeping ddav from trusting and following this amazing system.

For help with psychological issues in trading I always recommend "Trading in the Zone". I read that book three times so far and got more out of it each time. I've learned to trust my own signals and have learned to let winners run far better than I did at the beginning of the year.

In fact, I'm so amazed by this infallible system and so disturbed by ddav's inability to comfortably generate large profits each day, that I am formally offering to spend a day with ddav in Skype and help ddav learn to trust these signals, trade them without hesitation and let the trades run to their fullest potential.
 
That was sickening NoDoji.. :D ☺I expected much more.than that from you :)

do I sound like that? be honest...

we both know it aint' happening...

ES


Quote from NoDoji:

Since this is a journal, yet contains no wins or losses that I can see (no charts or trade blotters indicating the OP's entries and exits), I'll help fulfill the "anything else" criterion for this journal by recommending that ddav buy/sell at the first signal that appears and close the position when the opposite signal appears. I recommend 1 contract to start out and get a feel for trusting the system completely, then add size as ddav's trust and account grows.

It seems ddav has an infallible system that does all the hard work (waiting patiently for a signal, then alerting the trader as a candle is still forming) and incurs no losses.

I can't imagine why a journal is needed at this point unless it's psychological issues keeping ddav from trusting and following this amazing system.

For help with psychological issues in trading I always recommend "Trading in the Zone". I read that book three times so far and got more out of it each time. I've learned to trust my own signals and have learned to let winners run far better than I did at the beginning of the year.

In fact, I'm so amazed by this infallible system and so disturbed by ddav's inability to comfortably generate large profits each day, that I am formally offering to spend a day with ddav in Skype and help ddav learn to trust these signals, trade them without hesitation and let the trades run to their fullest potential.
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Quote from ElectricSavant:

That was sickening NoDoji.. :D ☺I expected much more.than that from you :)
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No offense, but I take sides here... and my heart belongs to NoDoji.

A public journal is pointless without market calls or, at least, regular trade reports.
 
:D

I thought I was the only one that did satire...

You folks are great! You too LeeD (you caught me)

Shouldn't you traders be in bed? I trade forex so I have an excuse to be stupid...

ES


Quote from LeeD:

No offense, but I take sides here... and my heart belongs to NoDoji.

A public journal is pointless without market calls or, at least, regular trade reports.
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Quote from ElectricSavant:

Now is Now...

What do you think my position as a moderator is? I am not a judge. I simply am a glorified spam watcher.

I see no evidence of advertising from ddav? but please enlighten me when you do? anybody? Has ddav advertised ?

This is a Journal in the Journals Forum. Perhaps bits and pieces can be put together to formulate this strategy...if you guys would just allow it.

ES
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There is either one of two things going on. ddav is a troll or he is looking to set up a scam. this system he claims to have is snake oil. there has never been and will never be some charting indicator that produces 0 losses, or any system for that matter. he's publicly saying that he won't accept solicitations but then probably hoping that people will be so intrigued by the supposed results that they'd contact him regardless in the hope he'd change his mind.

or he's just a troll and being fairly successful at that
 
Quote from dinn13:

There is either one of two things going on. ddav is a troll or he is looking to set up a scam. this system he claims to have is snake oil. there has never been and will never be some charting indicator that produces 0 losses, or any system for that matter. he's publicly saying that he won't accept solicitations but then probably hoping that people will be so intrigued by the supposed results that they'd contact him regardless in the hope he'd change his mind.

or he's just a troll and being fairly successful at that
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Well, that just about sums it up in a nutshell...


NiN
 
Quote from ddav:

Nod...., yes, a lot of steps. I have been thoroughly instructed in the use of the strategy, but I am still getting the experience. I am doing this my self and it is like going camping by yourself and hearing noises in the night. What was that? (and there is never anyone to bounce the question off) What am I suppose to do now? Is that a good sign or is that suppose to be a bad sign and am I doing this right or am I missing something? I guess trading is not easy even if you are using a strategy still getting in the 100's% AROR. I am playing off 8 screens and I lost count of all the windows. They show me everything I am suppose to see, but it is hard to look at 8 screens and see exactly what I am suppose to see. Lots to learn and did I say a lot of steps between trades.
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Constructive criticism...you got it....1system 8 screens....????

My guess is that you 'may' have a reasonably good system, but you are undercapitalized to put it in effect....my guess is that 90% of traders (real money) on this site fit in the same category....NOT their fault ,because the trader can only work with what they have.

If it is possible run the system off a micro instrument...the results will essentially be the same but the profit amounts will be less...nothing wrong with that either...a profit is a profit...

Take the EGO of having a potentially good system OUT of the equation and you will then 'relax' and take the trades ...but before doing so please ensure you have an adequate money management sysytem to trade...

If you do not ...ASK....there are people that will provide assistance if you are candid...

ACCEPT the fact that your system is NOT infallable and you will incur losses....size allocation is critical commesurate with your trading capital...

Now...some live calls will give everyone on this thread an idea as to what you are trying to do....(hint)

:D


NiN
 
There is not much that can be done about PM's being converted to email...

Like this...

Hello ddav...I am very interested in your strategy and want to know more...my email is gullible@teachme.com

So how would ddav be banned? What has he done? Should this journal be closed?...like his last thread?

How many traders here have shared and been contacted for their expertise...?

Else ddav has made a great effort to dumb himself down to fool the readers...or he is just bored...or he is a Charlatan.

but without evidence this is very tough to moderate.

This thread will continue to be popped up...until ddav gets tired or gets enough clients at ET's expense...OR UNTIL ENOUGH OF YOU HAVE BEEN EDUCATED ABOUT HOW YOU CAN BE FOOLED.

P.S. Of course we all know that there is no such thing as "perfect" in the trading world...and we know that each post by ddav contains the AROR statement...triple digits...hundreds of percent ...bla bla...sure this stinks of spam...


Key words
Perfect
Guaranty
Hundreds of Percent AROR
exact tick
no losses

But just think about all the hundreds of readers that read this thread and realize how they could be fooled. Journals are great to start and share by traders for traders...but when a strategy becomes so accurate as to "sell" more than to share..well the truth will be found out.

ES

P.S. I suppose someone could go undercover and play as an interested party and reveal this to the thousands of readers here, after they discover the truth....but again the undercover person could be faked too...by the suspected Charlatan...This gets to be real old...




Quote from Now is Now:

Well, that just about sums it up in a nutshell...


NiN
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The strategy was coded by a human being. It is true that it was done to be a tick accurate follower of the market, but because it was coded by a mere human, it is not perfect, in all ways. If you look very, very, very closely at the posted profit reports, you will see "NONE" that do not include losses. IT WOULD BE MY FOND HOPE THAT SOME ACTUALLY READ MY POSTS BEFOR SAYING WHAT THEY ARE.
I would not like to make the impression that the market is simple and I have a magic simple strategy that can not take a loss. It is not the "Holy Grail". I might have even posted that. Maybe I should reread all my posts to be sure........ reading...... Yes, I did say that.
Interesting pre market. See post. Another capping signal to the tick.
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