Here is a 4 min chart on the EUR/JPY (notice the nice uptrend). Charting software is called Marketscope (from FXCM broker): [IMG]
One day you will average down a flash crash and game over. Be careful and happy trading.
Well, good for you, it worked this time. But if you keep adding to losers one day you will empty your trading account, unless you have some...
For now electricity futures is not a liquid contract, regardless of the trading exchange (CME or ICE).
Superb post! :thumbsup: Yep, start small and compound your profits week after week, that's what successful trading is all about.
Well, see, my mule does not like it when I average down... :D [MEDIA]
You forgot to type your reply @Redstar Futures
Right, so let's all keep our profits short and let our losses run then! Just kidding. ;)
6 months? Why not test it immediately with historical data?
There we go.
Only a backtest can reveal if your strategy makes MORE money with LESS drawdown, versus letting profits run. NEVER trade a strategy because it...
True, and they become highly inefficient when they are trending. That's why most trend-followers can extract good money from the market with a...
True, but on the other hand if people start trading with proven and backtested methodologies, winning traders will stop winning! :cool::D
?? :confused: So according to you, trading systems with a 55% (or more) winning rate and a 1 to 1 risk/reward ratio do not exist? In other...
Let's say you always use the daily time frame to trade. Let's also suppose you follow the trend with a 20 and 50 period simple moving average and...
Individual stocks ARE part of the S&P 500. If it moves 1% daily that means stocks move 1% daily, on average.
Well, like @zoned_post_meridiem said, try with very, very small positions and see if you can still replicate these excellent results. If you lose...
Wow. And what was your biggest drawdown, on paper of course?
Unless I am mistaken, I think OP is not talking about the equivalence from time frame to time frame.
I use the same exact numbers for every time frame, from 15 min to 4h. Due to the fractal nature of the markets, what works on the smaller time...
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