two more good methods worth looking at:
mouteki
fozzy
happy new year to everyone !
mouteki
fozzy
happy new year to everyone !
Top 100 best Trading Systems: post good Trading Systems here 47 replies
Which system is the best? Or which combinations of systems work the best? 46 replies
Are the best systems also the systems that fail most spectacularly? 55 replies
Recommend the reliable trading systems you tried from forexfactory 9 replies
Systems, Systems and Systems... 1 reply
Dislikedi think,, all that's good trading system,,
just how you react to it,,?
no system is wrong, just how do you control your emotions in trading,Ignored
Disliked... just choose one of them! all are profitable if you can use it ... just get practice!
http://www.forexfactory.com/forumdis...c&sort=voteavgIgnored
DislikedHi Everyone-
Hope everyone had a great New Year and may 2011 be the best year of our lives!
I'm a new member here and ForexFactory seems to be an awesome site full of excellent trading resources....Ignored
DislikedI like the idea behind this thread. It's interesting to hear which systems people like.
But how do you tell if a system is good or bad. Or if one system is better than an another.
For example lets imagine two hypothetical systems:
System One :
is profitable over a ten year period but for five consecutive years it lost money. Lets say its over all profit was $100,000 but the max draw down was $25000.
System two:
traded for ten years and made a profit of $20,000 with a max draw down of $5000. It was profitable for five of the ten years....Ignored
DislikedThere are no magic systems. You should see all of the systems on FF as no more than the doughy base of your trading pizza.
The mozzarella, the tomato, the toppings - that's all in your developing a familiarity with the patterns the system throws up; and then being able to take signals on a discretionary basis.
It took me a long time to let go of the lazy, naive belief that all you have to do is find the right MA or the right combination of BB and MTF and then sit back and mindlessly take signals as the cash rolls in.
There are loads of...Ignored
Dislikedyes forex37. Iam just finishing off testing one last system. Once done i will conclude this thread.Ignored
QuoteDisliked"I always say that you could publish my trading rules in the newspaper and no one would follow them. The key is consistency and discipline. Almost anyone can make up a list of rules that are 80% as good as what we taught our people. What they couldn't do is give them the confidence to stick to those rules even when things are going bad." - Richard Dennis
DislikedI like the idea behind this thread. It's interesting to hear which systems people like.
But how do you tell if a system is good or bad. Or if one system is better than an another.
For example lets imagine two hypothetical systems:
System One :
is profitable over a ten year period but for five consecutive years it lost money. Lets say its over all profit was $100,000 but the max draw down was $25000.
System two:
traded for ten years and made a profit of $20,000 with a max draw down of $5000. It was profitable for five of the ten years
It...Ignored