PKJR, the results look good. Only red flag I noticed was the winning and losing streak numbers are indicating dependency in the trades. If the...
droth, I don't use % based stops. I use 1/2% of account for risk per-trade. Ex. If I had a 100k account, then the max. risk per-trade would be...
Walther, I have a couple of daytrading systems that have been on the shelf awhile. I don't want to disclose the logic because I'm still using the...
I use 7 edges with each having it's own system. I'm not going to post them, but if you're looking for ideas.... Here's one I used in the SP...
I answered the poll, but I'm getting a bad vibe. Why would anybody care how much someone else has in their account? Is this stuff being mined to...
You're right. Positive expectancy was excluded. I was just trying to isolate the money management component. In a method with no postive or...
It's been known for years. The larger the % risked on each trade, the higher the negative expectancy the trader must overcome. I trade using 1/2%...
I don't know if you'll have an out of body experience. I didn't...but then again I stopped going through the course when I became concerned....
I started with first set of CD's in the Gateway Experience. Seemed interesting and I'd blown $100 on other dumb stuff. I'm an analytical guy and...
Might as well go to where the gov't. sent it's people for training: http://www.monroeinstitute.org/ I tried out the CD's and they do have an...
If you liked Market Wizards you'll love "The Big Hitters" by Kevin Koy. It came out before the Wizard stuff and has more trading related stuff...
Money Management link: http://keplerweb.oeh.uni-linz.ac.at/trading/moneyMan.htm
Trade only when the edge is in my favor. Concentrate on good defense - think of taking a loss as playing for better position (stops and re-entry...
Here's today's detail on the trade. Am I getting screwed by the IB?
Slippage - for a market order it is the difference between the last trade price quoted before sending an order and the fill. For stops and limit...
Yep, .5 slippage everytime. Today I was trying to sell near the close. I saw the market ticking up to 909.50 and decided to wait and use a market...
I've traded up to 50 emini's at a time for my personal account since last year. My slippage has been 0 when using stops or limit orders. Everytime...
Here's the last one; random entry, trailing stop, and 3x the initial stop as the profit target.
Here's a random entry, trailing stop, and profit target of 2x the initial stop in the SP market.
Here's a random entry, fixed stop and 3x the fixed stop as the profit target in the SP market
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