What's your best current daytrade system?

[xtrhvydty]

POLL

 

[Spectra]

It's hard to answer because there are certain days I like to use a variety of those setups.

 

[xtrhvydty]

I keep detailed records of all my systems - best are 5 and 7- curious of others results. I should say by "best" I mean highest probability. Net gain is a function of money mgmt, which can make or break any system. For example, if volatility is low, using a 3pt target will only hit a buncha stops. Also, using 3 contracts on a 90% system far beats using 1 contract 3 times as much on a 70% system. Some people are stuck on the 2% rule, but the s-l % should be a function of the system probability.

 

[xtrhvydty]

12 votes does anyone actually trade here???

 

[Bogan7]

Most people have had enough meaningless polls to be bothered doing another variant of the same tired theme

 

[xtrhvydty]

Fair enough, I have a theory though that successful traders on ET enjoy giving back, with 17 out of 300=6%, I may be right

 

[Joe Doaks]

"None of the above" would have gotten plenty of votes.