Hi,
Just wanted to get some feedback on what people think about this system, there are 3 systems but the first one is given in good detail on this link
http://www.cbot.com/cbot/dow/cont_detail/0,2614,3+13953,00.html
More specifically at the end of the page he provides some results
where he quotes a gross proft of $8380 on 134 trades !
But the commision is also low if based on IB you get
((98 *2 ) + ( 36*2) ) * 4.8 =$1286
This is really good right ?
Because it means his commisions are low and his average profit is $62 or approx 12 points per trade
What do other people think, is this good? Is there a flaw in this system that I can't work out, should I just go for this and try it out ?
Any comments much appreciated !
Thanks
Just wanted to get some feedback on what people think about this system, there are 3 systems but the first one is given in good detail on this link
http://www.cbot.com/cbot/dow/cont_detail/0,2614,3+13953,00.html
More specifically at the end of the page he provides some results
where he quotes a gross proft of $8380 on 134 trades !
But the commision is also low if based on IB you get
((98 *2 ) + ( 36*2) ) * 4.8 =$1286
This is really good right ?
Because it means his commisions are low and his average profit is $62 or approx 12 points per trade
What do other people think, is this good? Is there a flaw in this system that I can't work out, should I just go for this and try it out ?
Any comments much appreciated !
Thanks