Are news trading straddles the only edge that can exist for us? Merlin, I've got a sick feeling in my stomach. This is my system performance from '01-'07, all based on curve fitting.... I guess my imagination ran away with me as I thought I would ...

Curve Fitting: The Ultimate Conundrum

My rebutal to this is very simple: what is the risk/reward ratio of the system's trades? Case and point: If my risk has been reduced to 1.5% per trade (because I am below 90% of my highest capital achieved), but my reward is a 6% gain, I will climb ...

Dynamic risk allocation

On Easter Sunday I started this thread about a dynamic risk allocation for dealing with drawdown: url It is not magic, but might be a nice backbone for a dynamic var feature in the future. Regards.

The Ugly Drawdown

Pyramid it.... add new positions as the price moves in your favor. Example: +1 lot long 1.3500 +1 lot long 1.3600 +1 lot long 1.3700 etc. You run the risk of getting stopped out when the price retraces beyond 50%. On the other hand, there are those ...

Arbitrage with no-interest broker

Hot, Kevin....

kharvell's Trades

Mike check out Blackbeard's Grid in the Systems Section.... it's a modification of the idea.

Martingale EA. Almost can't lose!

This is hot.

Poll: Is successful trading more dependent on skill than luck?

I'm not a PB subscriber (yet) but I just wanted to show a nasty drawdown my own system experienced in late 2006..... I guess the point I am trying to make is that any system of rules will not work all the time. Had somebody started trading my system ...

The Ugly Drawdown

Did anyone download these files? His website is down, and I need them again. I reinstalled Windows, and didn't have a backup. :surprised Please PM me if you downloaded the files.

M1 data back to 2001....

I think you may have something here. Instead of opening a sell, how about a buy? If a chop occurs, you TP the buy.... now you can close the all positions with profit. If no chop, it's just another hedge side-by-side with the original. No big deal. ...

Blackbeard's Grid

Gwan you start with two grids... one pointing long and the other short. The market decides which one TPs.... So now you are at breakeven.... You will draw down if the price chops between the channel boundaries of the losing grid.... The beauty of it ...

Blackbeard's Grid

David your post conveyed my own thoughts on this matter. Trades are out of our control.... I have my own EA that's made tons of money over the past few years.... does that mean next year will be as good? Of course not. I don't take credit for the ...

Poll: Is successful trading more dependent on skill than luck?

For a volatile pair like GBP/JPY, 1000 pip target (vs. 200) might be okay. Bank the 100 on the winning grid, and then once the price moves 1000 away from the losing grid, close for breakeven. The benefit is the hedge changes from: T1: 1 lots T2: 1.5 ...

Blackbeard's Grid

The spreadsheet is comparing my Blackbeard (left) with standard Martingale. It is meant to show Blackbeard's improvements over the standard... that after 15 losses you would have been down over 3 million pips with the standard, but with Blackbeard ...

Blackbeard's Grid

Drawdown improvements... — The range is 100. I am using Blackbeard as the backbone of a strategy I am working on. There are extreme cases where the price touches each side of the channel for extended periods. I am exploring how to mitigate ...

Blackbeard's Grid

Where is "I trade LONG and SHORT the same amount"?

Do you go LONG MORE or SHORT MORE?

Thanks for the replies guys. Aicccia close only doesn't give highs and lows.... guess your strategy didn't require them?

What's your dedicated server architecture?

Spud I am really leaning toward your 20 pip/day idealogy. Nickel and diming for steady profits is the best approach, if you ask me. Many folks taut 120 and 50 pip gains, but over time I am thinking 20 is just fine. Take Collective2's ExtremeOS ...

Spud's MTF FIB Breakout System

Thanks for your presumption, but I have no need for carry trades. Long term, a negative swap occurs in the market equally long and short.... Just look at cable.... you're paying no matter what side you take. I'd be willing to spend an extra 1/2 pip ...

Interest Free Brokers

I will trade my own money, and maybe other's too.... I have considered a pair of panasonic toughbooks with two seperate cellphone carriers.... I would constantly have to charge them up though, but it's an idea. I also considered running the cell ...

What's your dedicated server architecture?