anyone looking to go long on EJ
- #111,384
- Edited 4:52am Jun 17, 2009 4:34am | Edited 4:52am
- Joined May 2009 | Status: Re-member | 6,497 Posts
There is a repainting feature. It really isn't that significant but creates havoc when auto' backtesting but the traders that are using it at the moment are pulling in MAD pips. But the question is...how long will it last?
Yes that is true and I am glad you pulled in the question.. This is how I do it..
1. Find a couple of systems, wathever, you pied yellow that morning, macd was more skewed than normal etc...
2. when manually backtesting it, yes I always manually backtest it
take the biggest drawdown for the last 3-6 months and write in your rule sheet for that trading plan; after 250 pip drawdown leave the plan.... you get the idea..3. While doing this I don't have to bother about using only 3% blablabla, because I am "betting" a certain amount every time I start a new system... and when the system have paid more than the potencially drawdown I can start withdrawing money from that system...
4. I diversify with having only one currency 2 times for example eur/usd and eur/gbp, but try to only have it once...
5. Backtesing with specific time slots I can spend with FX so I am the boss completely... Hate sitting there and waiting.... Only do that for stocks... And seriously I have tryed both and it didn't give me anymore consistency, you just feel that you have more control which in the end you don't
I tolerate that people are different from me.....puh.. wonder how many which bothered reading this one..
- #111,392
- Jun 17, 2009 5:05am Jun 17, 2009 5:05am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Morning everyone,
Still holding the last 1/3 of my 3750 long and still looking at 3900 for final TP....
Still holding the last 1/3 of my 3750 long and still looking at 3900 for final TP....
Ghost Rider - WWTBMD?
