Couple of systems featured in 'Traders' Magazine..

Discussion in 'Technical Analysis' started by Mo06, Nov 27, 2006.

  1. Mo06


    Been reading the current (Dec 2006) edition, specifically the article on page 38 'The Importance of Time'.

    It describes a couple of systems, the one I was interested in was the 'EU follows US' system, based on trading the ESTX50 futures.

    The stats I get from this are as follows:

    Trades 260
    Winning trades 156
    Losing trades 104

    Net profit €11,227 which equates to 1122 points net.

    Thing is, these figures are taken from Jun 1998 to Dec 2005.

    Thats approx 3 points per week.

    Obviously, this system does not give too many signals, less than 1 per week.

    Thsi system is put forward as a half - decent one.

    This got me thinking, since I have a target on the EZTX50 of 25 - 30 points per week.

    Over the same period, this would equate to approx 9000 points net.

    But the system as described still returns approx 97% on capital pa

    Just wondered if people are actually trading such systems.

    Any views ?