I use Adaptrade and couldn't think of trading without it. They have a 30 day free demo so give it a shot, be be warned you will be very sad if you allow it to expire.

Money Management vs. % of Success in Trading Systems

Most people say that when backtesting gives them an answer they don't want to hear.

My New TradingSystem Need Help!

Since your strategy is very simple (some of the great ones are) I coded it up in tradestation and tested it over the last 3 years. I used a 62 pip stop and a 15 pip target with a 2 pip spread. It buys at 5 PM EST at the high + 1 pip or sells at the ...

My New TradingSystem Need Help!

Where does the spread that you pay figure into the 15 pips profit?

My New TradingSystem Need Help!

That was funny. Humor might be making a reversal. Now we need some fundamentals guy to explain how humor is affected by oil and gold. More importantly, can it cross over "boredom"?

Best indicator for trend?

Humerous, but very untrue. Even a simple finite line can not be drawn without contiaining two or more data points. Previous highs and lows are used for reference. In order to know where you are you have to know where you've been. If you want to do ...

Best indicator for trend?

Hi Pocoso, If you only knew how much I dislike and ignore fundamental analysis The definition of an uptrend is when price makes a series of higher highs and higher lows. A downtrend is a serires of lower highs and lower lows. My only point is ...

Best indicator for trend?

Point taken. It's a little more complicated than saying triple or double but I think you get the idea. To do a true calculation one would have to consider the length of the trade and the ATR of that pair and account for the dollar/pip differences.

Correlation

Hopefully I'm stating the obvious but just in case....be aware that this table peridocially changes so you should consult the latest online version.

Correlation

Absolutely! You should be very cognizant of correlations when holding more than one position. Let's say you risk 3% of your account on every trade and then you go long GBPUSD, EURUSD, and short USDCHF. Because of the correlations you've just tripled ...

Correlation

Yes, we're all familiar with your system. You have disrupted every thread to talk about it. I've yet to see any test results for your system or any proof that an SMA can act as support.

Best indicator for trend?

You people? Is that referring to the population of us who clearly know much less than you about trading?

Random Price Movement

Any clown can tell you when you are in a trend. A trader who has an edge can tell you when the trend has changed and SMAs are slow. SMAs are not capable of reliably providing support and resistance. If you have some reliable testing that you have ...

Best indicator for trend?

ADX is notoriously slow at detecting reversals in trends. SMAs are a moving window (example 30 bars) so they are also slow since any 1 bar is not imprortant than any of its neighbors.

Best indicator for trend?

Markets can't randomly move lower?

Random Price Movement

The definition of an uptrend is a price pattern that makes higher highs and higher lows. A downtrend makes a series of lower highs and lower lows. Any indictor that will tell you what the trend is has to be derived from price and is therefore a ...

Best indicator for trend?

Looks like a thread can last about 5 pages before some clown comes in and tells us about their college education and/or their system. Follow that up by the properties of a coin and whether excel can generate random numbers and we all forget what ...

Random Price Movement

Wow! I didn't see that coming from you. Espcially since ISO provided some excellent references from professionals who have proven otherwise. They were able to profit from a coin flip. If I had the text file of Captains trades I could run it through ...

Random Price Movement

ISO, the point of a time exit is for testing only. It is a way to seperate entry from exit and allow one to determine what probabilities lie within your entry system only. Your choice of exits almost exclusively determine your ultimate success as a ...

Random Price Movement

Nothing makes me happier than to know you find some value in reading that. It made my day. Thank you. They say when the student is ready the teacher will appear (the book, not me) so maybe it was just your time.

Random Price Movement