good trading system

Define 'good', please.

By the way, welcome to the forum, for what it's worth, and perhaps you should be aware that you're more likely to find a leprechaun who'll give you three wishes than you are to find a good trading system. You either write it yourself, or you go to a fund who already have one who will take your money and charge x% of the profits. I asked you to define 'good' because i wanted to know what your expectations were. Anyone selling a system is selling it because it's too risky to trade it themselves.
 
I have a good trading system ! what might be your next question ?

?
 
Is this thread for real?

Define "good", or "profitable". Profitable every day? 8 days out of 10? 9 months out of 12? and so on
 
U are not going to have someone who is going to say "here u go mate hes my system enjoy getting rich". If u want a good system or even better become a good trader u gonna have to put ion countless hours of research.

Just have a good look this forum and other forums. Have a look on forex factory, baby pips and try to absorb loads.
 
But what is a "good" system? Suppose I tell you I have a system which has made money every day for the last month.. is this a good system? You need a bit more info than that.

Let's say system A returns on average 50 pct a year and system B returns 25 pct. Is A better than B? Maybe, but what if I then tell you that sometimes A can drawdown by 70 pct whilst B has only ever been down by 30 pct. And so on.
 
It's a silly discussion ... the very fact that someone would ask "is there a good system" means they don't really understand any aspect of trading or money management.
 
That dude is going to post that same hook on every board. Two weeks later on FOREX4LYFE.com someone is going to tell him to trade moving average crosses and he's going to lose three times in a row and get pissed.
 
Ingot54 - I have read about the Lindencourt system before and always thought it was a little too well known and too simple to work. They do not say anything about taking discretion in certain market conditions and in most places claim it works during all scenarios. I think the only way you can work with that one is by knowing which signals to take, which a new trader won't know how to do. What are your thoughts?
 
lbranjord said:
Ingot54 - I have read about the Lindencourt system before and always thought it was a little too well known and too simple to work. They do not say anything about taking discretion in certain market conditions and in most places claim it works during all scenarios. I think the only way you can work with that one is by knowing which signals to take, which a new trader won't know how to do. What are your thoughts?
Click to expand...

Hi LB ... work is taking priority atm.

I didn't expect the Lindencourt method to attract as much asttention as it is, so it might be better if an individual thread could be commenced specifically for the 15M method.

Hopefully folks will respect the author's right to protection of his intellectual property, and any charts posted will not reveal his setups.

But when I get a few minutes to myself, I will be happy to contribute my thoughts on the method.

kind regards

Ivan
 
Ingot54 said:
Hi LB ... work is taking priority atm.

I didn't expect the Lindencourt method to attract as much asttention as it is, so it might be better if an individual thread could be commenced specifically for the 15M method.

Hopefully folks will respect the author's right to protection of his intellectual property, and any charts posted will not reveal his setups.

But when I get a few minutes to myself, I will be happy to contribute my thoughts on the method.

kind regards

Ivan
Click to expand...

I found the Lindencourt system available in PDF form on google. I didn't think the setups were secret. Maybe that was just someone that leaked the materials.

This the same as what you're talking about?
http://www.lindencourt.net/Daily.pdf
 
There`s the Daily, which is free and the intraday FX (incl MX) system, which aren`t. Not restricted to Fx.

Regards

Hittfeld
 
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