Recent content by wantochangemylife

henry - you are quite right re worthwhile bets - its very much live testing only for now. Once I am satisfied I will increase betting to £100. Worst case is I loss £1k which is nothing these days is it? I am just following advice from more experienced posters who advised to bet small to start...

I dont expect to see huge gains overnight - it will take me around 3 month to hit £2000 and there will be time where I dont win for a few days in a row.

Tell you what I will keep posts of what & how I am doing.......as you can see I am starting out with small bets & will up this to £30 once the balance reaches £2000. Here are the starting figures Starting balance £1000 Bet today - ftse down £20 Closing...

First trade live trade today - ftse to finish down. I am confident in this working and keep going over the data much to the annoyance of "er indoors". The only way this fails is if I hit 12 losses in a row in the first 6 months and it has only done that in 2009 and 1994 I believe. After 6...

interesting video

Hello All, Ok I have been tuning my system and it makes money- I modelled it on starting with £700 and betting £20 a trade. The only time (in 8 years of backtesting) I got totally wiped out was once in 2009when the ftse rose 11 consecutive days! I just want to thank everyone for the...

Tested years 2003/2004/2005

Thanks all for the posts certainly food for thought. Over 3 years of back testing I only had 6 losses once. The lowest the cash balance went to was -£300. The first year profit was good but I noted this took place in a falling market , the other 2 years in a risining. I think I need to fine...

Thanks for the replies everyone. I trade £100 per trade - so I either double my money or loss the £100 - the maximum loss I had over the 3 years testing was £600 (6 bets in a row). I now understanding what forward testing means, thanks. I start for real this afternoon - stuck £500 in the...

You are correct - only done 3 years worth of backtesting. As I am a bit of a novice could you explain how/what I need to do to forward test it. Thank you in advance for your help.

I have been testing a sytem for predicting ftse closing up or down using snapshot data. I have back tested this theory on every day for 3 years worth of trading. I started with £500 and placed bets at £100 per trade. Year 1 - proft £3600 Year 2 - profit £1100 Year 3 profit £1700 It works...

Hope a more experienced person can help me? I need to find historical data regarding the FTSE at a specific time. Eg The price between of the FTSE @ 10am and 11am each day, it's taking me forever to pull up a daily chart from ADVFN and its not that accurate with the prices. Ideally I need a...