System traders funnel all of their technical indicators into specific buy and sell signals. They then test those systems for stability. The more stable the systems performance is over time, the higher its ranking. If you test enough systems that follow multiple trading styles (trend, momentum & pattern) and time frames (30/45/60/90/120/EOD & EOW), you can [...]
Percent Profitable is not an evaluation metric … it’s a perspective tool. In the real world, Percent Profitable provides no worth when reviewing the performance of a system. Think about it, a friend, colleague, newsletter writer or system vendor tells you they are 90% accurate in their trade selections. You think WOW, they must really [...]
Futures trading runs 24 hours a day from Sunday night until Friday's close. It can be done with a dedicated team of employees working in shifts or with a slew of computers following automated systems. Either way, running a trading desk, is obviously a full time job. In this blog post I thought I'd show a snap shot [...]
