What don't people like about my system? (be honest, it is not very popular)

here is my system:

It is named tech long only

thank you.

" I have tried implementing stops in the system, but in every case it has just yielded worse results for me. "

I day trade DAX. 50 points SL sometimes it’s not enough, but 50 points x 25 EUR = 1250 EUR loss, when SL occures.

Without SL and a long trend like now, 100k its not enough to maintain the wrong decision…

If you are trader, you must use very very strong risk management strategy. This is the only way to success, the only thing that you can control (+ yourself).

This is my opinion, +10 years trading experience.

Sorry, if my english it’s not enough good to express myself better, i hope the idea go trough…

Lorant Vari (http://algotrader.ninja)

fair enough.

I did trade it through 2008 with no stops though.

I belive that. Risk management it’s not about just SL. That is the simpliest part of it. Many times the biggest enemy of profit. BUT. Must live with RiskReward Strategy, Position Sizing, Hard Stops, …

Or later or sooner the market will eat the investment. Anyway, I will never invest into a system/trader, if I cannot “feel” the exact rules of trading… even if it’s profitable…

Its is not a negative critic, we must help each other, if we can…

I burned few times all my money , i have experience on that :smile:

Cheers

Risk management and 0 human interference are the main decision factors for me.
Hopefully Sharpe ratio, Calmar Ratio and Sortino ratio in Colletive2 grid can give you rough idea of this parameters.

One thing I saw while looking through your trades is this. See pic. That is way to high for me. Maybe 25% (4000) of that would be ok.

Good luck!

The above poster hit the nail on the head. This is the reason why I was not interested in the system.

@melissaM, if you believe in supply and demand, there should be a subscription price at which you’ll attract subscribers who won’t be turned away from one large DD.

Another suggestion is to change your handle to Kim Kardashian. Then, the masses might flock to subscribe regardless of price. (I’m thinking of doing this myself.)

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Long only may work in recent history but who knows the future…I like systems that go long and short. Also adding to losing positions is not acceptable for most.

Melissa, I’ve noticed a number of systems here on C2 that will typically (and responsibly) trade 1-3 contracts, then suddenly shoot for the moon with a large trade. Like yours with 6 contracts. Usually the result is that they quickly shed subscribers, and have problems attracting others. It goes to the issue of trusting the maturity and experience of the developer. You may reply that C2 subscribers can limit their trades to “X” contracts, but that isn’t really the point. Which is, that the developer put it into the system in the first place.