New voice message: Why are you calling me? If I need you, I'll call you!
- #103,301
- May 31, 2009 6:19pm May 31, 2009 6:19pm
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
- #103,302
- May 31, 2009 6:21pm May 31, 2009 6:21pm
- Joined Mar 2006 | Status: Trade the reaction not the news! | 10,359 Posts
- #103,304
- May 31, 2009 6:26pm May 31, 2009 6:26pm
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
I'm so confused.
Ignore please.
New voice message: Why are you calling me? If I need you, I'll call you!
Hi Forum,
Been a while, I lost my account, did a lot of soul searching, backtesting, and now ready to trade again. Using a technical system. The backtest is great, but I am freaking out about the concept of "curve fitting". Worried my new system is just fitted nicely to the data.
Testing it now with small money. 4 live trades so far in May.
My SL is 100pips and TP is 300pips for all trades.
SHORT: 1.3576 SL - first one a loser
LONG: 1.3927 - exit 1.4029 102pips
SHORT: 1.4029 - exit 1.3937 92pips
LONG: 1.3937 still open at 1.4121 now with 183pips. Waiting for exit condition or TP.
I am posting my trades to hold myself honest and truely test my new system.
If anyone has more info or links on the concept of "curve fitting" please help me and post it. I am so worried my system is a dud.
Thank you
Been a while, I lost my account, did a lot of soul searching, backtesting, and now ready to trade again. Using a technical system. The backtest is great, but I am freaking out about the concept of "curve fitting". Worried my new system is just fitted nicely to the data.
Testing it now with small money. 4 live trades so far in May.
My SL is 100pips and TP is 300pips for all trades.
SHORT: 1.3576 SL - first one a loser
LONG: 1.3927 - exit 1.4029 102pips
SHORT: 1.4029 - exit 1.3937 92pips
LONG: 1.3937 still open at 1.4121 now with 183pips. Waiting for exit condition or TP.
I am posting my trades to hold myself honest and truely test my new system.
If anyone has more info or links on the concept of "curve fitting" please help me and post it. I am so worried my system is a dud.
Thank you
- #103,307
- May 31, 2009 6:28pm May 31, 2009 6:28pm
- Joined Apr 2009 | Status: Live and learn. | 25,218 Posts
"If The Fool persists in his Folly he will become wise." - William Blake
- #103,308
- May 31, 2009 6:29pm May 31, 2009 6:29pm
- Joined Sep 2008 | Status: Are you sure this is how its done? | 2,331 Posts
Just say no to el ho.
He likes to pester the thread every few days.
What now? What should I do. Which way did he go? Up / Down All Around? I'm so confused. Somebody please, I've fallen and can't get up - to trade.
Ignore please.
- #103,310
- May 31, 2009 6:33pm May 31, 2009 6:33pm
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
- #103,311
- May 31, 2009 6:33pm May 31, 2009 6:33pm
- Joined Oct 2007 | Status: Pip Seer | 1,299 Posts
I know its not nice, but damn he's funny. I think I'll not ignore him just because I'm a sick individual. You must admit he's not the only one posting here that has no clue (sometimes that's me).
Pip what you see; See what you pip!
- #103,314
- May 31, 2009 6:41pm May 31, 2009 6:41pm
- | Additional Username | Joined May 2009 | 2,719 Posts
- #103,315
- May 31, 2009 6:41pm May 31, 2009 6:41pm
I'm a better trader when I have no clue!
I cannot disagree more, when i have no clue , i don't trade at all. If that was ironic please forgive my lack of humor, it may be bcs of these Ozzies un-decisiveness they do in fact pierce sup/res levels in low volume, not this time thou.
- #103,317
- May 31, 2009 6:46pm May 31, 2009 6:46pm
Kicking myself now, lol
I had some very good signals to get in at 4134, but first trade in a while I got gun shy. 15 pip risk, and look at it go. Probably going down to 4050, would have been an excellent trade!
Oh well, NEXT!
I had some very good signals to get in at 4134, but first trade in a while I got gun shy. 15 pip risk, and look at it go. Probably going down to 4050, would have been an excellent trade!
Oh well, NEXT!
- #103,318
- May 31, 2009 6:46pm May 31, 2009 6:46pm
- Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts
The Thief of Wall Street
- #103,319
- May 31, 2009 6:50pm May 31, 2009 6:50pm
- Joined Jul 2007 | Status: Short on USD/MXN, Long on legs | 16,578 Posts
New voice message: Why are you calling me? If I need you, I'll call you!
- #103,320
- May 31, 2009 6:50pm May 31, 2009 6:50pm
- Joined Aug 2007 | Status: TARFU... | 7,015 Posts
FUBAR...