Heres is something that I dont "get" FSP/ONS is a type of breakout and trend following system right? (Since it needs a strong trend early in the week and rides that momentum) Is this assumption correct? So the markets have been on steroids the past ...

Yes, thats also when the new FSP orders are placed/closed very convenient, but too bad its always in a drawdown

There definitely were some discretionary factors involved with the Yen pairs last week. Here's some of my theories: -a DIBS trade that happened on 11/24 resulted in about 25:1 if using a 3 day SMA -the extremely narrow range of the Yen pair recently ...

Question on Filtering — Before it gets all too philosophical on where an edge lies, the underlying assumption is that the method/system yields a positive expectancy and you the trader believe it is possible to compound your account. After all ...

ONS this week — damn, all 5 pairs are hitting their 10 day highs/lows, but the stupid SMA isnt crossed, Thinking of taking those trades as well, any thoughts for or against it?

razorboy: Your approach in the previous post should help eliminate severe drawdowns on top of what the fixed fraction approach offers already, but obviously it still limits your potential upside. So I think you would still need to use a "minimum" ...

you gotta subscribe to his email listing on his blog.... btw, can anyone answer this question with regards to pyramiding in FSP? I know for FSP, Joel says the exit is based on the "First Profitable Opening", but how would pyramiding your positions ...

Account, Funding and Lot Size questions — Hi Justin, can you please answer these three questions that I have? (or anyone else knowledgeable) 1) If funding possible using a cashier's check? (Since I do not have a check book for USD, and don't ...