MoneyTec Traders Community Forum - View Single Post - The learning cycle for a newbie trader

craig66 · 07-07-2006, 21:42

Soultrader, I have been reading your blog with interest, it has inspired me to develop my own systems. I am very interested in the little tidbits you keep dropping about your system, more specifically,

1. The huge stop losses
2. The huge drawdowns you keep going into

I can only assume you either grid trade or your system works on the 'the market will come the other way eventually' stratergy. But it seems awfully inefficient for a system which has had so much backtesting and tuning.
Or am I missing something?...

Totally agree with your 'it's all bollocks' comment.

07-07-2006, 21:42	#17
craig66 Banned Join Date: Feb 2006 Posts: 33 Downloads: 2 Uploads: 0 Rep Power: 0	Re: The learning cycle for a newbie trader - PART 2 Soultrader, I have been reading your blog with interest, it has inspired me to develop my own systems. I am very interested in the little tidbits you keep dropping about your system, more specifically, 1. The huge stop losses 2. The huge drawdowns you keep going into I can only assume you either grid trade or your system works on the 'the market will come the other way eventually' stratergy. But it seems awfully inefficient for a system which has had so much backtesting and tuning. Or am I missing something?... Totally agree with your 'it's all bollocks' comment.