Recent content by JimTru

  1. JimTru

    Rating optimization results.... looking for something

    I like to use the number of trades per year if I am hoping to use money management to build the account. A strategy could have a poorer profit %, poorer drawdown, poorer Sharpe ratio, but if using superior money management, and a better number of trades per year, the strategy gets you out of...
  2. JimTru

    optimal position closing

    JJump, you may break up the order into random position sizes to disguise yourself from the general trader, but the professionals will know where your orders are coming from and jump in front of you soon enough, as they see more and more coming from your one broker. Another strategy is to buy...
  3. JimTru

    Need help with backtesting

    Backtesting Hi Fran, If you've not gotten anyone to help, I can. I have data for all markets, all time frames going back to beginning of the market.
  4. JimTru

    Qualifying a Teacher -or- How to Find the Best Trading Service

    Neil, thanks for the reply. 15 years is the truth and I don't care to cover that up for the sake of making myself look better for any reason. My hope in this post is to save some readers some pain and loss.
  5. JimTru

    Qualifying a Teacher -or- How to Find the Best Trading Service

    SB, thanks for the reply. Generally, I'd advise a vendor to be completely honest and disclose everything. If you're selling something because you can't or don't trade, just be up front about it. About your reply: If they have better things to do than to help me, or answer what might appear...
  6. JimTru

    Qualifying a Teacher -or- How to Find the Best Trading Service

    Successful, honest, understanding and truly helpful trading teachers and mentors are very difficult to find. I've been through 28 trading services, teachers and mentors over the last 15 years and have learned how to qualify a person before giving them a dime of my money or an hour of my time...
  7. JimTru

    Strategy Development and BackTesting Service

    I use Genesis Navigator to develop and backtest strategies. Have done so since '07 and have helped a few friends and other traders develop their strategies, backtest and optimize. I don't trade currently, and am willing to sign agreements of confidentiality and non-competes to help protect...
  8. JimTru

    Larry Williams

    I'll second the mention here that LW is only after others' money. After further study of his and many more trade education services, a common thread is that the educator will not disclose their brokers' statements to prove they are consistently profitable over time, nor will they disclose which...
  9. JimTru

    Why do people not backtest their systems?

    I'm saying that the marvelous human brain has more parameters than one can know consciously, and thus code in a backtest.
  10. JimTru

    Why do people not backtest their systems?

    Oh, definitely backtest your idea...if you can. But you won't like what you find. You'll find: 1) The idea does poorly and now its back to the drawing board, or 2) I can't consistently quantify why I do what I do. Good luck!
  11. JimTru

    Why do people not backtest their systems?

    1) The human mind is the most wonderful machine on the planet. No computer can match its creative ability to make thousands of observations every minute, learn many lessons from each trade taken and not taken, each stop placed and moved, each tick across many markets, each reaction to unique...
  12. JimTru

    Looking for a YM a.m. service

    Any thoughts? Thanks...
  13. JimTru

    Looking for a YM a.m. service

    I had reviewed a service about a year ago offered by an older man in the U.S. who focused on YM. Cost was very low. I think he offered a chat room posting entries before he took them. He offered a recap and emailed/posted on his site his trades for that day, each entry and result. Was more...
  14. JimTru

    Larry Williams

    That's about what I heard. He's always said "You've got to trade small to win big."
  15. JimTru

    Larry Williams

    Popeye, thank you for posting. If it were safe, and account numbers were not shown, would you be willing to show your broker statements to me? I would feel confident then putting in some time to start learning your approach.
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