Now you made me think of something else. It will probably vastly change the way backtest works.

VHands Trading Simulator

I guess that's what threw me. I'll stop commenting on things unless I fully understand them.

Important – Why systems are profitable (or not)

Sounds a lot like a grid EA I wrote for a fellow. Works great ... until it quits working. When you get one of those rare-but-not-rare-enough big moves on the EUR/JPY, you end up with a very large position going against you. Best have a plan for that. ...

Important – Why systems are profitable (or not)

Yup, sounds right.

Important – Why systems are profitable (or not)

No problem at all, no offense taken I remember where I read it now, it was in the "why 95% fail thread" about the grid/no stop/hedge (I think) method. I suppose with such a high success rate you could possibly risk 5 or 10% on each trade. If 1000 ...

Important – Why systems are profitable (or not)

Hi Steve, Are you saying you use completely random entries? Is this the sl 1000, tp 50 method I read somewhere? Thanks, Rob

Important – Why systems are profitable (or not)

I wonder how he did this week. I just put it on a chart (had to go looking for the MACD indicator). We've had bearish divergence on the E/U and G/U, 1H charts since last Thursday, and whoops! Off she goes, into the wild blue. IMO, which you already ...

Important – Why systems are profitable (or not)

Hello C26000, welcome to forex and to FF! The danger is that you experience a lucky streak during the test, then believe that it works. you may want to read David's (hanover's) other posts on the subject. It has been mathematically and logically ...

Important – Why systems are profitable (or not)

Last week of the month — On that "last week of the month" thing, it could be that it's a bad time to trade in general, but more likely I was forcing trades -- trying to get the stats up for the month. Right now I'm down 3.5% for the month. Not ...

Transition from Losing to Winning

Sorry for the sarcasm, cynicism, and negativity. I was testing the person you were quoting, not you David, if that helps any. Yeah, I think I could live on 1 good trade per week, with 200 - 300 standard lots, hell yeah! Count me in! Just gimme 2 ...

Important – Why systems are profitable (or not)

Hmm.. overkill I suppose. But, I only fill in 6 blanks each day, the rest is calculated in the spreadsheet. It's quite handy. For instance, today I was looking over the data and saw that if I had limited losing days to 2%, November would have been ...

The Holy Grail - Found

The mini account 2 server is down again. This bullcrap happens several times a month and it's getting really old.

Interbank FX 12 pip jump on three pairs....

To me, if a trader does not take every signal, then it's discretionary. If an EA can do it, then it's mechanical. If it's mechanical, every trader should get the same results with it as long as the rules are followed to the letter. As soon as ...

Important – Why systems are profitable (or not)

Yes, it certainly is. Often good for 100+ in a day, sometimes 3 or 400. We're talking G/J, right? But if it's only worth 40, then it was an "overkill" trade, which I try to make all of mine be. Ooooooookay. See ya.

Intraday Trading - Live!

Nice triangle! It's a big one, so the payoff should be good once it breaks out. For triangles on the G/J, I have a rule to wait for a 4hr candle close, then another close with the entire candle body across the line, before entering. When I break ...

Intraday Trading - Live!

No. If you are using proper money management, then your pips will have different value on different trades. For example, I finished last week down 1 pip, but made a profit. The only thing that matters is the % increase in the account, and yes, ...

The Holy Grail - Found

fugly, please give credit to the poster; include the link if possible. Some of us might go looking for him/her, and also to see if he/she's still around....

The Holy Grail - Found

How does he define "successful"? 100% winning trades for a whole year? (Next time you have a good trade, wait a year and a day, then say you did that...) And, what if, after weeks of waiting, the guy misses the trade? DOH! (I expect if it's that ...

Important – Why systems are profitable (or not)

I don't understand what they're saying they're doing. If they "consolidate" the data, I think it will change the way vHands works.

VHands Trading Simulator

Those principles would be axioms, so I'd be glad to see them added to that thread. Just remember, to be an axiom, it has to be self-evident (needs no proof), and always true. We only came up with 7.

The Ultimate Fallacy in Technical Analysis