Recent content by tradermaji

  1. T

    Please advise - Coin Collector

    I don't want to jinx it. :D Please refer to the collective2 website for further information. All I will say that I am very happy with CC. Maji
  2. T

    Please advise - Coin Collector

    Heasymo, I believe mechanical systems lose edge if too many people are using the same system. The systems you are refering to are discretionary systems. They are open to interpretation and hence are not vulnerable to over usage. An example of a good mechanical system breaking down after over...
  3. T

    Psychology Trading Systems Trade ?Futures? not ?Histories?

    I am in general a skeptic of the Joe Ross' tidbits. I have a few of his books and from that it appears that he is a discretionary trader. I wonder how successul a trader he is. However, I think he is a good teacher and have explained his gut feelings into word quite well. Just am not a fan of...
  4. T

    Please advise - Coin Collector

    I am not sure if they are updating their $10k account or not, but they did update their results on their website. BTW, I am trading it live using StrategyRunner. As for the vendors/developers, I have spoken with Marcus and Ben. They are very helpful and knowledgeable about the markets. I would...
  5. T

    Please advise - Coin Collector

    I believe the max drawdown I have seen is around $1500 or so. Maji
  6. T

    Please advise - Coin Collector

    See why I shouldn't make any comments on an active trading system!!!! CC had a losing day today. Just amazing how I can control the markets :cheesy: Maji
  7. T

    Please advise - Coin Collector

    I had purchased the system outright a while back. Just took time to get the courage to trade it will real money :!: Maji
  8. T

    Please advise - Coin Collector

    ivot, I have been trading CC with real money for the last two or three weeks. It has indeed met and surpassed its backtested performance. Knock on wood, I don't want to jinx it. Hope this helps, Maji
  9. T

    Money Management Trading Systems Day Trading & Scalping Developing a Trading Strategy Part 2

    you are right about the time. I don't know about whether your broker will allow you to trade after that hour or not. Contact them and find it out. Good trading, Maji
  10. T

    Money Management Trading Systems Day Trading & Scalping Developing a Trading Strategy Part 2

    The US Equity Market opens at 930 am New York Time. Electronic contracts can trade around the clock, but there is a significant difference in volume and price action when the equity markets are open. Maji
  11. T

    Money Management Trading Systems Day Trading & Scalping Developing a Trading Strategy Part 2

    I had purchased that set of articles. It is informative research, but doubt if you can trade off it. I couldn't!! Hope this helps. Maji
  12. T

    Please advise - Coin Collector

    Jag, I believe you can look up the breakout strategies mentioned by SidInUK and AnomalyResearch on the EliteTrader forum. Either one of these should act as an hedge. However, there will be days when you will lose on both systems, but those days will be rare. What it will protect you is from...
  13. T

    Please advise - Coin Collector

    I am in the process of opening a StrategyRunner enabled account to trade CoinCollector. I think it is a great system, but you probably should have a breakout/trend system to hedge the possible trending conditions when an antitrend system like CC incurs drawdowns. Maji
  14. T

    Money Management Trading Systems Day Trading & Scalping Developing a Trading Strategy Part 2

    I have read the many system brokers advise their clients to stop trading a system when the actual drawdown exceeds 1.5 times the historical drawdown. This is just an empirical "stop loss", in my opinion. A few months ago a poster named EricP started this discussion on Elitetrader. He suggested...
  15. T

    Please advise - Coin Collector

    Here is the latest results from CC's website. Gosh, the system recovered from that drawdown pretty well. I am impressed. I still think I need a breakout system to go with this. http://www.rockwelltrading.com/Performance_Report.htm
Top