!! $10,000.- for each trading system !!

This goes out to the few successful traders and system builders:

I am looking for a full automated forex-system. The best would be an expert advisor for Metatrader. It is not important that it makes thousands of pips. Much more important is stability and continuity. A system with a smoothly rising equity curve is what I am looking for. Here are the key data which are required:

- Stability and continuity from 2007 - today (I think that the years 2007- today cover all possible market phases)
- Avoiding negative months is much more important than earning 10000000 pips in other months
- No news-strategy!
- Smoothly rising equity curve
- Swing trades are much more welcome then scalping trades because of the costs, but that is not so important. If you have a good scalping system, it is also welcome.
- The TakeProfit must be at least the same than the initial Stoploss (Risk-Reward-Ratio = min. 1:1)
- The strategy should not work in very illiquid times, because then a high slippage can ruin a system
- After a loss the lot-volume must not be doubled => no Martingale-system!
- Adding a position is only allowed when the other position(s) (of the same pair) are already safe with the SL at break even => that means, only one risk at a time for each pair
- The strategy should not be curve-fitted for just one currency-pair, trading more than one pair is wanted
- Moneymanagent should be implemented (risk = 1-2% of the account balance for each trade)

To stress it again: I don't expect many % each month. Just a few percent consistently each month. But on the other hand I expect only a very few negative months. If you see a chance, only to work on Wednesdays from 8-11 a.m. or on Fridays from 14-17 p.m., it's fine. However you like. As long as the system is very stable you can also do one or two trades a month.

If you think you have such a system or if you can create a system with these requirements and you are interested to sell it, please contact me at [email protected] or send me a private message.
First of all I need a backtest of the years 2007 - today. Nothing more. If I am interested we have to do a very detailed backtest. I must be sure that every requirement is fulfilled. If you use a trailing stop it is not possible for me to see the initial stoploss in the strategy-tester backtest. Therefore it will be necessary to do a backtest by remote viewing (for example with teamviewer).

My plan is to buy 2-3 systems which meet my criteria and I will pay $10,000.- for each system I want to buy.

Are you serious?

Well in case you are, I am sure youll get a lot of e-mails as a response to this post, claiming that 10000 USD.There are much more people that make a living from system selling, and market analyzing then from actual trading.


You can find a lot of "systems" that "worked" for three years, especially last three years. All you have to do is open your chart and find readings on some indicator before some huge moves happened, and then find a way on that same or other indicator to trail that move to the very top/bottom.

I doubt that I will change your mind, but please do not fall into this. Do your own research before you risk your money on trading.

The only one who is going to make money from this is the person who will sell you "the system".

Please read this post http://www.forexfactory.com/showthre...799#post205799

Greetings

Coronajazz!!!

Well, Im fighting with forex and futures for last 3 years.
I read almost all books, I know almost all free fx systems from FF and other sites. I spent about 2000 hours with charts ...
Maybe even more...

All I can say - there is no SYSTEM that will earn money all the time. I win many pips and futures points and a few days later I lost them on false signals...

Dont look for a Holy Grail system, it doesn't exist.

Your chance is to have huge deposit, risking a tiny bit of deposit each trade and to have take profit larger a few times than stop loss - so you even can have win ratio lower than 50%.

Few times I was almost sure I have the grail system but ... I was wrong, it was a grail only for that moment and nothing else.

Wish you luck with grail searching, I think you'll need it.

PS. I can give you a free system - flip a coin ! Seriously ! Its sometimes better than commercial system signal, heh
J.

And this is PURE TRUTH about speculating - do you wanna earn REAL money? Just be an analist ("the market will rise tomorow but ... if it won't then it's a chance it will fall" - typical comment, heheh, it will be rain ot it wont be) or just sell the systems for naive people who dreams they will reach million with 100 usd at start

hey guys,

thanks for your feedback.

i am trading stocks (small caps) for about 12 years now. since 10 years i trade for a living. but the problem is that the market is "drying out" and maybe in 1-2 years my old strategy won't work anymore. the decreasing volume brought me to the point of change in mind. this is the reason why i tried to trade forex.
but to be honest, i have not the discipline to sit and wait for hours and don't trade. i know that i should improve my mindset and i will definitely use a coach for that. i prefer jay lakhani. he makes a good impression to me. but that is another thing.

i am pretty sure that it is possible to find some things in the market which repeat themself over and over again. whatever it might be. maybe it is every second tuesday from 16-17h that the nzdusd rises. just as an example. i heard much about these regular market movements. they need not be big... they just have to show a high regularity. and maybe someone has an idea or maybe someone makes statistics about the market for the last 10 years... whatever...

you see that i wrote, that it is not necessary to make many pips a months. if i risk 1% each trade and the monthly outcome is 5% then i am fine. if i would like to earn more i would risk more than 1% each trade. but to do that i need high probability trades.

one thing where i work on a solution are reliable backtests. i must see how the orders are placed in the market before any stoploss is moved. i must exactly see what is the risk and what is the average profit and so on. and most of the time the system which are officially sold, have a bad risk-reward-ratio. i agree with you that those systems may work a while but never on the long run.

i saw a system that was really good on the long run but unfortunately it only worked in very illiquid times. the other problem was that the stoploss was much higher than the profit. and working in illiquid times with a small profit target can destroy the system if your position size is too large.

therefore i described many criteria for the system(s) i want to buy. if nobody is able to program that, it's also ok. but then i gave it a chance and can close the file.

best regards,
more

the system still works?