This is for two types of audiences: 1. Those who have problems with stops being taken, or take profits too early or not taking profits, and losing the unrealized profits later. 2. Those who believe/concluded that markets are efficient. I think the market sare efficient, but this does not mean they cannot be exploited for trading, and/or cannot be timed by a minority. We address the none-timing point below. I have developed a set of trading systems that have a positive expectancy (at the theoretical level for the moment, which at first was surprising to me but I now understand the core reasons). Assumptions: 1. Market follows efficient hypothesis. In fact one needs only zero sum game, and no asymmetry in distribution of gains vs. losses. If there is asymmetry, then there are other sets of trading systems that can be derived from the other models. 2. One needs a time frame for his trading. The system gives you where to take profits, and the time to take losses if any. It can also provide the average gain per trade, average loss, etc. No timing is needed. There are no stop loss orders involved. There are however take-profit orders that need to be put in place at the time you put the trade. The system tells the take profit price. Once you enter the trade, you do nothing, except checking at a time of your choosing how things are going to satisfy your curiosity. If a trade is a winner then you move to a next trade. As in other systems, one needs to repeat this for the same time frame a number of times in order for the expected value to be achieved/estimated. There are no emotions involved, no timing involved, none of the other problems with other methods. The only thing needed is to repeat, and that you assumptions above are correct. This is set -and-forget type of system. A robot can trade it. What do you think? What do you want to know more about this system. Again no stop loss orders, and you know exactly where to take profits. You just repeat the system. Any comments? Have you seen systems like this? There is a mathematical proof for why the trading system has a positive expected value. There are risk in this trading system, but of different nature than what most people experience in traditional trading approaches. For instance, the loss on a single trade can be high though with a decreasing probability as a function of the magnitude of the loss.