The Evolution of an E-mini Trader

I seem to be getting a reaction here.

I was specifically asked what works and I said I wont post specific systems publicly. I will also say that I have alot more that I think are bad.

I am very new to this and I am very curious as to why I have to spend most of my time defending myself when it has never occurred to me to sell anything here.

I feel I have something to contribute and I think if you look closely, you will find that my posts are either trying to help someone or defending myself against false claims

I big hug for everyone
 
Change your name. Sometimes I think it must be the only way. I don't understand the acrimony, and I know the author of this journal would prefer to keep it light. After all, what's in a name.

One thing for sure is...
 
Originally posted by VictorS
<sniff><sniff> ...We did not have to know you were a cta, etc. ...
More...

I thought it stood for Chicago Transit Authority!?

nitro
 
Perhaps I misread cta's posts but I didn't infer that he was trying to sell trading systems. Anyone who is actually interested in commercial systems should peruse www.Futurestruth.com, which tests and monitors virtually all systems. There are a few index daytrade systems that have been profitable over time but not very many.
 
futures truth is a very good resource, but I wouldnt depend on them exclusively. Many of the systems are sold by parties related to John Hill and some systems have been coded incorrectly. caution as always is adviseable.

Maybe it would be great if we all listed the systems we have traded, and what success we had. We could get a great sampling to help narrow down to a core of systems that are worth looking closely at.
 
cta,

I concur with your caution. I do think it is helpful for newbies to understnad what a good system looks like. Hint: they don't trade 45 times a day using a one point stop.
 
Originally posted by cta_trader

Maybe it would be great if we all listed the systems we have traded, and what success we had. We could get a great sampling to help narrow down to a core of systems that are worth looking closely at.
More...

You know as well as I do that vol breakout systems make money when traded across a portfolio of commodities. The problem is most posters here do not seem to have the account size to trade such systems or deal with the drawdowns. Linda Raschke has said that it is a useful exercise to trade a vol b/o system for a while just to get used to following what the market does and getting a feel for how a system makes money. I think there is a lot of merit to that suggestion. My advice would be to use the eurodollars futures to do it. Low margin, trends well and not too much craziness or pit manipulation.
 
AAAintheBeltway
vol breakout systems make money when traded across a portfolio of commodities.
More...

I have a friend in Houston who has a Roth being traded by a broker using Aberration and EOD data. His account is up over 2.5x in the last year, (not sure of time frome), and no initial drawdown. He started at just the right time, but you never know when that time is going to be. You can trade the starter portfolio (Corn, Live Cattle, Cotton, Sugar, Palladium, Crude Oil, the Dollar Index, and T-Notes) with 10K. I believe my friend traded out palladium for another metal, not sure which.

I almost started this way, but didn't want to end up watching 8 markets.

FYI: I have no affiliation with Keith, developer of Aberration.

H
 
Originally posted by AAAintheBeltway


You know as well as I do that vol breakout systems make money when traded across a portfolio of commodities. The problem is most posters here do not seem to have the account size to trade such systems or deal with the drawdowns. Linda Raschke has said that it is a useful exercise to trade a vol b/o system for a while just to get used to following what the market does and getting a feel for how a system makes money. I think there is a lot of merit to that suggestion. My advice would be to use the eurodollars futures to do it. Low margin, trends well and not too much craziness or pit manipulation.
More...

breakout systems work well on several markets especially bonds, S&P and to a lesser extent in the currencies. I prefer trend type models such as buying 10-55 day highs. Buying a 10 day high and selling a 10 day low works remarably well in most markets although you need deep pockets.
 
You must log in or register to reply here.
Back
Top