LOL yeah TS gives tick data through yearly data. the smaller the increment, the less history they have. for instance, with tick data you can only get the past couple years. intraday data you can get 3 years, and daily data you can get like 10 years. ...

Statistical Validation on trading

thats a bit subjective. support and resistance can be the high or low of the week, it could be a pivot point (although less likely), or some other significant point where a lot of trading has taken place. theory says support and resistance are ...

How many pips should I use as a stop loss?

if you can describe your strategy (ie timeframe, type, profit target) i can try to point you in the right direciton of how big your trailing stop should be.

Trailing Stops

one way to use a quazi trailing stop that goes along with what you are saying is to exit at the lowest low in 10 days if you are long, or the highest high in 10 days if you are short. (replace "10 days" with appropriate timeframe). this acts like a ...

Trailing Stops ??

unfortunately no. i spend about $200 per month for the platform and data. i get the platform for $100 because i have an account with them, and my data comes to about $100. forex data is free for the moment so you wont have to buy that.

Statistical Validation on trading

trading discretionary, this is the best way to go...

How many pips should I use as a stop loss?

youve got the game right, it just takes a while to sink in man, i know. i didnt understand the phrase "you should never trade 1 lot" until 2 years after i first heard it

How many pips does a "successful" trader collect weekly?

on the 5 minute charts something like 20-30 pips should do well.

How many pips should I use as a stop loss?

are you admitting i won that debate?? YES!!! thats my first win in a while LOL (fiji is always schooling me ) ...$200 a month.

Statistical Validation on trading

now theres a question worth discussing!!! first of all, if you have a system that wins every week, i dont care how much it makes, its a winner. if it makes even 0.5% per week you will be rich in no time. if you dont believe me just do the math. ...

How many pips does a "successful" trader collect weekly?

ok let me try to expand upon this. first off, let me say this... YOU SHOULD NEVER TRADE 1 LOT this does not mean you should over trade. it means that if you are trading 1 lot you are doing something wrong because you should be moving to smaller ...

How many pips does a "successful" trader collect weekly?

i didnt say "'to play this game seriously' is to use tradestation". i said its hard to play seriously with free software. trading has not changed overall, but the amount of analysis that goes into building a successful mechanical trading system ...

Statistical Validation on trading

nope. but if you have an account it costs $100 a month instead of $200.

Statistical Validation on trading

if a full time trader has a dependable strategy, the proper mind and a tangible accountmanagment plan, they are most likely successful. and successful traders dont know how many pips they make in a week, because the statistic is totally irrelevant ...

How many pips does a "successful" trader collect weekly?

it doesnt work that well in its stock form, but read the document i posted above because many of the components of the system are still viable.

Turtle Trading

check out this doc... http://www.forexfactory.com/turtlerules.pdf it was written by one of the original Turtles. this is what i based the TS code on, and i was able to duplicate it exactly. the system is not viable anymore. but derivatives of it ...

Turtle Trading

ya know fiji, i was hoping it was more than that, but i fear you are absolutely right capitol flow, you seem like a decent spammer, so im not going to ban you. just please dont post any more links to you site. thanks!

4X Reality Show

12 trades is not enough to know if a system is good or not. you need more like 1000 trades to validate your results. as a side note, make sure the system performs similar when traded on different currency pairs. for instance, if you have something ...

Need help evaluating the efficiency of a trading system

did you see this? http://www.forexfactory.com/forexforum/showthread.php?t=1473

Turtle Trading