PoundTrader New System 25% per week

PoundTrader New System, i had a system that work for me for about 10yrs for some reason the edge is pretty much gone, so i developed another edge trading system, with this system im shooting for 25% per week with the other system ii could go all in because of the edge i had so after losing some big money i decided to develop this new system. so we should see how it turns out

looks like your using a breakout strategy. 1hr chart break out - in daily trend direction. nothing wrong with that! Good trading.

Has this new system been properly backtested?

backtesting is forward testing with real money, of course i didn't just build a system and started trading with real money so there was some small backtesting

that sounds like a pretty easy system to come up with

Nice to see new developments, PT! Keep up the good work.

thank you, just hope this works out

few losses then you removed explorer, makes me wonder

i switch to demo and had to tweak the system and i will continue to tweak the system until i get it right this time without loosing real money

Hey PT

Good luck

Every day is a new opportunity. You can build on yesterday's success or put its failures behind and start over again. That's the way life is, with a new game every day, and that's the way baseball is.