Lol, thats because it wont work on olhc here is a example of it trading 1 day in Nasdaq https://www.youtube.com/watch?v=mkaJ5xGgY1s&feature=youtu.be 10 contracts long only and 1 pattern type
You may want to re-read the thread (his comments) very carefully because you have a misunderstanding. 1) He's not able to trade it with real money because he has no money to trade it. 2) In light of #1...he has an easy way out of that particular situation via recommendations given to him (e.g. get a 2nd job, cut his living expenses and so on) 3) Its not an automated trading system. Most of the method is being applied manually (discretionary) because its "too hard" for him to automate and he stated he "prefers" manually applying that 75% of his method as such. Yet, that may also imply it can't be automated because if it really could be automated...he'll be spending most of his time doing just that or the method is still in the "design" process...not ready yet for real money trading. In contrast, the other parts (25% unknown) about his method is automated. Summary, to any trader that's under capitalized or no funds to trade their profitable method...they should try the combine like TST (spend a few hundred dollars) and then try to get funded by TST. That would solve the cash flow problem. If not willing to do that...at least get a 2nd job, reduce living expenses and many other things most folks do when money is limited. Like I told him already in this thread, he has an easy fix out of his cash flow problem that will allow him to be trading his own method with real money by this time next year. The question next year at this time will be why didn't he do just that unless there are other issues he has not disclosed that's preventing him from taking the easy route. P.S. If I'm not mistaken, he's someone else (a prior alias) that has been in this situation for several years now involving how to fix his cash flow problem that prevents him from trading his own method with real money.
1. True blew my acc about a year ago 2. yup 3. let me clarify. I have a couple setups or strategies. I took small part of my overall "toolbox" and automated it for better execution and risk management. The 75% would be a little harder to automate but not impossible, but prefer to trade it manually. Only willing to sell that small part that i automated. Not a prior alias, this is the only elitetrader acc i use
Aye, if that one trade went from the 7-year low to the 7-year high (or vice versa for a short) that would be a serious selling point for the system. But I'm pretty sure the OP would have mentioned that.
I suggest you post 10 or 20 live trades here on ET, with specific entry/exit/stop levels, this would at least give some immediate credibility to your trading system.
I can post daily results at the end of the day, timestamps on entries, exits, stops and targets. Market replay in ninja with 1 contract is pretty close to live results.
More often than not, folks that do such usually show losing trades and then come up with excuses for the poor performance. They then stop posting trades with no explanation. ET is littered with these types of trade journals after the trade method was hyped about its "incredible performance". Best he stay away from posting trades here at Elitetrader.com because its not going to resolve the critical issues he currently has (e.g. lack of funds to trade). In addition, ET is not suitable for such if his goal is to try to find someone to fund him in comparison to trying to find someone to buy his trade method...a method that has not been proven with real money and is 75% dependent upon his manual application of the method. Yet, if his goal is to get "help" in improving his trade method...posting live trades with explanation will draw a lot of attention and possible useful tips in improving the trade method. For example, posting live trades may catch someone's eye that can help him to automate the remaining 75% of his trade method that he's been applying manually. P.S. I strongly suspect he works during the day and doesn't have time to be posting live trades during the day.
I bought a few systems they are alright. Its just that drawdowns get exceeded and the use of leverage is necesarry because the system makes too little profit per year, only 15% per year CAGR on SPY. thats way too little. The system was only a few $1000
After 1 month, I got one system that works on energy futures in 1 min timeframe, and thats due to a lucky break me catching it in the middle of the generation build. I wonder how nodoji plans to automate her system, she prolly have to use some advance pattern recognition for the setups she use.