Poll (Most Profitable?) | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

How big is your account and how profitable are you? A poll 6 replies

POLL: Are you profitable? Is the 95% losers myth true? 32 replies

EUR or GBP Which is the most profitable pair for a Novice 11 replies

Vote the most profitable method 80 replies

Most profitable Trading System? 11 replies

Poll (Most Profitable?)

  • Poll

  • Which is the most profotable strategy ???
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  • #1
  • First Post: Jan 9, 2007 1:02am Jan 9, 2007 1:02am
Dear All...

just want to see which is the most profitable system for you from this forum....
Thanks and Regards Zamir M Iqbal
  • #2
  • Edited 8:17pm Jan 10, 2007 7:48pm | Edited 8:17pm
You should combine SRDC I and II to make it fair. This splits the votes. You have Vegas under Wealth Builder when their is Vegas one hour tunnel and 4 hr, etc. SRDC is really one system.


Thanks,
Traderbill
  • #3
  • Jan 10, 2007 7:56pm Jan 10, 2007 7:56pm
I agree with Traderbill07. SRDC I and SRDC II are the same method but different levels.

Very Profitable!!!!
  • #4
  • Jan 10, 2007 8:06pm Jan 10, 2007 8:06pm
Support Resistance Daily Candle or channel
  • #5
  • Jan 10, 2007 8:33pm Jan 10, 2007 8:33pm
knife? pip boxer? price action?
  • #6
  • Jan 10, 2007 9:34pm Jan 10, 2007 9:34pm
This poll can only be unbiased if every voting member has used every trading system. You can't honestly say one system is more profitable than another unless you have tried them. Plus there are alot more users of some systems here than others. The most accurate, unbiased method would be let people judge results. Instead of voting perhaps we could post % results over a period of time trading with specific % drawdown. That would give an accurate, level playing field.
  • #7
  • Jan 10, 2007 9:39pm Jan 10, 2007 9:39pm
You can't back test the SDRC system using historical charts. If you try to figure out if the system made money without getting stopped out it's impossible to know. During the day you can't see the price movement within the body of the candle. Price fluctuates but you can't see it.
So if you don't have access to minute data that makes up every daily backtested candle you are performing "mental masturbation".
  • #8
  • Jan 10, 2007 9:48pm Jan 10, 2007 9:48pm
SRDC BY Orange Roshan
  • #9
  • Jan 10, 2007 9:48pm Jan 10, 2007 9:48pm
Quote
You can't back test the SDRC system using historical charts. If you try to figure out if the system made money without getting stopped out it's impossible to know. During the day you can't see the price movement within the body of the candle. Price fluctuates but you can't see it.
So if you don't have access to minute data that makes up every daily backtested candle you are performing "mental masturbation".
But you can easily get 1M data.

andersenws
"Youth is the trustee of prosperity." - Benjamin Disraeli
  • #10
  • Jan 10, 2007 9:50pm Jan 10, 2007 9:50pm
Sorry didn't bother to remember exact abbr. SDRC or SRDC whatever...



Quoting VIVA
SRDC BY Orange Roshan
  • #11
  • Jan 10, 2007 9:52pm Jan 10, 2007 9:52pm
Quoting steinitz
You can't back test the SDRC system using historical charts. If you try to figure out if the system made money without getting stopped out it's impossible to know. During the day you can't see the price movement within the body of the candle. Price fluctuates but you can't see it.
So if you don't have access to minute data that makes up every daily backtested candle you are performing "mental masturbation".
The way i see it.... Systems that work now, fail when market change moods.

SRDC, imho, its not a system, its price analysis, learn it carefully, take the jist of it, you will understand what the implementor was actually trying to convey, not many people out there is teaching price analysis, isnt that beautiful that we have got one here? How do you backtest price? hahaha. Look carefully, read carefully.

What traders always do wrong is their never ending search for a system, they keep looking and looking, when they got one, they thought hey here's my grail...they used it made some lost some then a new system which could harvest BIGGER pips got introduced...they jumped the bandwagon(just the time when they're abt to be consistently profitable).....

When will it end? Belief in MA, pivots, rsi, bbands etc etc wun get you anywhere. Its all up there in the head that needs a lot of tweaking.
  • #12
  • Jan 10, 2007 9:55pm Jan 10, 2007 9:55pm
Knock yourself out! I think the steinitz system should be rated by the forum. If you think I am biased you right.

RSI = $$$$$
:

Quoting andersenws
But you can easily get 1M data.

andersenws
  • #13
  • Jan 10, 2007 9:56pm Jan 10, 2007 9:56pm
Quoting steinitz
Sorry didn't bother to remember exact abbr. SDRC or SRDC whatever...
ITs ok... ORANGE ROSHAN any way .
  • #14
  • Jan 10, 2007 10:02pm Jan 10, 2007 10:02pm
I agree with you. Traders are looking for a "black box" or something consistent. Markets change and traders should adapt. I turned 25,000.00 into 275,000.00 in 2 weeks trading my full account (demo) on every trade using my "Steinitz" system. If I had the balls to trade that in my live account I would probably be doing some drugs and snuggling up to a couple of hookers here in Vegas!



Quoting jest1081
The way i see it.... Systems that work now, fail when market change moods.

SRDC, imho, its not a system, its price analysis, learn it carefully, take the jist of it, you will understand what the implementor was actually trying to convey, not many people out there is teaching price analysis, isnt that beautiful that we have got one here? How do you backtest price? hahaha. Look carefully, read carefully.

What traders always do wrong is their never ending search for a system, they keep looking and looking, when they got one, they thought hey here's my grail...they used it made some lost some then a new system which could harvest BIGGER pips got introduced...they jumped the bandwagon(just the time when they're abt to be consistently profitable).....

When will it end? Belief in MA, pivots, rsi, bbands etc etc wun get you anywhere. Its all up there in the head that needs a lot of tweaking.
  • #15
  • Jan 10, 2007 10:02pm Jan 10, 2007 10:02pm
Quoting steinitz
You can't back test the SDRC system using historical charts. If you try to figure out if the system made money without getting stopped out it's impossible to know. During the day you can't see the price movement within the body of the candle. Price fluctuates but you can't see it.
So if you don't have access to minute data that makes up every daily backtested candle you are performing "mental masturbation".
Steinitz, Perhaps if the system you are currently using was making pips you would find something positive to say about it instead of trashing a system of which you most obviously have no knowledge. SRDC I can be back tested but more importantly you should see why the SRDC thread is the fasting growing in Forex Factory. SRDC I is a very simple system, trading at the highs and lows of the previous day. Come join us and see why we are loyal to the system. There is only one reason and it is because we are making money. Now because this is a family area, I think you could have found a better choice of words to use.

Traderbill
  • #16
  • Jan 10, 2007 10:10pm Jan 10, 2007 10:10pm
Quoting steinitz
You can't back test the SDRC system using historical charts. If you try to figure out if the system made money without getting stopped out it's impossible to know. During the day you can't see the price movement within the body of the candle. Price fluctuates but you can't see it.
So if you don't have access to minute data that makes up every daily backtested candle you are performing "mental masturbation".
oh my - I better tell my bank account these pips aren't real

have you ever heard of tick data?

please, if you have a great system, congratulations, otherwise I can highly recommend you try the SRDC 1 & 2 method. Hope this helps.
  • #17
  • Jan 10, 2007 10:11pm Jan 10, 2007 10:11pm
Quoting steinitz
I agree with you. Traders are looking for a "black box" or something consistent. Markets change and traders should adapt. I turned 25,000.00 into 275,000.00 in 2 weeks trading my full account (demo) on every trade using my "Steinitz" system. If I had the balls to trade that in my live account I would probably be doing some drugs and snuggling up to a couple of hookers here in Vegas!

Which also amplifies, the very reason you should not be dissing other system. There is alot to learn on what has been shared here in FF, may it be SRDC, SIDUS, BAGO, MOUTEKI, etc etc.

I must say SRDC has given me a new dimension in looking at price action, just like how twoblink's OCC system opened my eyes with the best method of swinging the cable with no fear. Then sidus taught me thee ooohhh aaaahhs of crosses, VenessaFX on MA as SRs against price, many more. All these made me become my own trader with my own setups. I keep learning here, everyday.
  • #18
  • Jan 10, 2007 10:11pm Jan 10, 2007 10:11pm
Mr Bill......

I didn't say your system is not making money. The person I believe to have written that said to look back at daily charts and draw trendlines. See if you are consistently making between 5 - 10 pips. I pointed out the flawed reasoning that one can go backwards and test it with daily candles.
How many people here have access to 1 minute charts for every days price movements? Right. If you are making money then god bless you. If my ideas are flawed I have no problem being corrected.


Quoting Traderbill07
Steinitz, Perhaps if the system you are currently using was making pips you would find something positive to say about it instead of trashing a system of which you most obviously have no knowledge. SRDC I can be back tested but more importantly you should see why the SRDC thread is the fasting growing in Forex Factory. SRDC I is a very simple system, trading at the highs and lows of the previous day. Come join us and see why we are loyal to the system. There is only one reason and it is because we are making money. Now because this is a family area, I think you could have found a better choice of words to use.

Traderbill
  • #19
  • Jan 10, 2007 10:40pm Jan 10, 2007 10:40pm
Did someone say something about a "black box" that makes pips!! I've been looking for that my whole life!!! Doesn't the gov't have one?
  • #20
  • Jan 10, 2007 10:41pm Jan 10, 2007 10:41pm
Quoting jarcrocker
This poll can only be unbiased if every voting member has used every trading system. You can't honestly say one system is more profitable than another unless you have tried them. Plus there are alot more users of some systems here than others. The most accurate, unbiased method would be let people judge results. Instead of voting perhaps we could post % results over a period of time trading with specific % drawdown. That would give an accurate, level playing field.
I have tried them all on some level and I say the bias come from which ever is popular at the moment. I just might get my grandma a computer for her birthday so she can make some money for me and I'll tell that she's playing an important game for me! SRDC eh...
0 traders viewing now