The opinions expressed in these forums do not represent those of C2, and any discussion of profit/loss
is not indicative of future performance or success.
There is a substantial risk of loss in trading. You should therefore carefully consider
whether such trading is suitable for you in light of your financial condition. You should read,
understand, and consider the Risk Disclosure Statement that is provided by your broker
before you consider trading. Most people who trade lose money.
My Systems “PFSignal com” (forex), “Myfxmap com” (currency futures CME Group), “MAP Capital Investment” (forex). TOS is not, but there is a portfolio of my real account. Online bragging is 100% version of two veterans of the forum. -)))
Actually I look at 4 things - return, max DD, positive monthly percentage and survivability - and last 3 are more important than first one. I learned that I’m much happier when max DD is low, there is high monthly positive percentage, and system survives long term.
I like max DD to be below 20%. I realize I’d like to be less than 1%, but that’s just not realistic.
And Monte Carlo stimulation out the door, reality is what matters.
In regards to forex, Oanda is quite easy to set up. And there are a few systems utilizing forex futures that can be traded on IB - I’m actually surprised there are not more systems geared towards that. Remember, tax wise, forex and futures are preferred in US - you have 2/3 long term tax gains, 1/3 short term tax gains for these - but check with your CFA:).