Recent content by Maza

Barjon, Yes that is true, the discretionary element is key in any successful trading strategy. Thirty years!!! wow that is... just wow... That is also true, that mechanical systems will not give guarantied profits over time, because market conditions change and tweaking is necessary as time...

I am here giving advice because I want to help people not make big mistakes like throwing money into the market without having a clue what going long even means. This all started when I saw one of my acquaintances loose about $50,000 in the market because he thought the market was a get rich...

Lol :)) that is funny as. I don't follow Ryan Jones, I just read his book and liked the concept of his money management strategy, plus I know quite a lot of people that use it profitably and have had no problems with it. The idea that I like is the one about fixed pip increments to go up in...

Yes I am. Why do you ask?

No no... I said a risk to max draw down of x+5%... for a risk per trade, if you read the PDF, you can see that I don't advise going any higher than a 3.5%. Optimal in my opinion is something like 3% at the beginning stages of position size growth. And I agree with you on that... 5% risk per...

If you have a big enough sample size it will not be curve fitting... big sample size is 500+ trades in my opinion. Actually that is still curve fitting, but the curve is much more accurate :). Agreed with you on the problem with a 50% drawdown. The idea was that it was the largest draw down...

I agree with you when you say sample size is the most important part of back testing and forward testing. I was talking about 5 years of back testing under the idea of having a sample size of at least 100+ trades per year. That was my mistake for not specifying that. I also agree with you on...

I agree with you that Forwards testing is the testing that accounts for slippage and spread and shows you how you perform with the strategy (not just taking every trade like you would with back testing). Back testing, if done properly, is not just an execution test, when back testing you can...

Good response "Shakone" I'm glad you have shared your thoughts and feelings on this subject

If you have really read the whole thread then you would know that I mentioned in nearly every instance that you need to BACK TEST!!! for swing trading at least 5 years back... the forward test is just so you get used to the strategy running in real time and not miss any (or as little as...

Yes "paper trading" (it's more excell spread sheet trading) with historical data (it's called Back Testing). Plus I will not be writing the plan for you, I will be giving you pointers on how to write the trading plan and what to look for when you are back testing. All this is for the huge price...

Hey Solas0077, Firstly I would like to ask you a question: Why in gods name would you put your hard earned money into trading unless you know for sure that you have a profitable strategy? Seriously!!! This goes out to everybody that is thinking of putting live money into trading without having...

Hey The Pro, Firstly I would like to thank you for taking the time to read what I wrote and t write this comment. The .PDF file that I put together is more or less what Ryan Jones wrote in "The Trading Game" but in much more simpler terms and with a lot less examples :). My document is more...

Thanks for reading it and taking the time to write :)

Hey Profit Sniper, The description of the 222 Gartley is great but there are a few things that you are missing. First of all most patterns, except for the Shark and the 5-0, have 4 different legs before the completion point at D, the XA, AB, BC and CD legs. The hardest thing for any beginner in...