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A trading parable


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  #1 (permalink)
Hard 8
Cheyenne, WY
 
Posts: 66 since Nov 2010
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A hedgefund big shot was bragging at a poker game about his futures system that NEVER has a losing trade. He showed me the stats and I quickly understood the hook. It never took a stop out.

He bet me 10 grand I couldn't create a system that had losses with better results. I raised the bet to 20 grand, provided I could pick the instrument of my choice. He agreed. Here's what I showed him.

P.S. I donated the 20 grand to the Juvenile Diabetes Research Foundation and he paid me 10 grand more for the code.


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  #3 (permalink)
 fluxsmith 
Santa Maria
 
Experience: Advanced
Platform: NinjaTrader, ThinkOrSwim
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That looks pretty impressive, can you give us a clue as to the concept behind it? And thanks for the donation, my granddaughter has diabetes.


Hard 8 View Post
A hedgefund big shot was bragging at a poker game about his futures system that NEVER has a losing trade. He showed me the stats and I quickly understood the hook. It never took a stop out.

He bet me 10 grand I couldn't create a system that had losses with better results. I raised the bet to 20 grand, provided I could pick the instrument of my choice. He agreed. Here's what I showed him....


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  #4 (permalink)
Hard 8
Cheyenne, WY
 
Posts: 66 since Nov 2010
Thanks Given: 12
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fluxsmith View Post
That looks pretty impressive, can you give us a clue as to the concept behind it? And thanks for the donation, my granddaughter has diabetes.

At the point of a burst of momentum, it scalps for $100 with two contracts and is done for the day. FDAX is an ideal market for this sort of thing.


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  #5 (permalink)
 
MWinfrey's Avatar
 MWinfrey 
Lubbock TX
 
Experience: Intermediate
Platform: NinjaTrader
Broker: Stage 5 Trading
Trading: CL
Posts: 1,878 since Jul 2009
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Hard 8 View Post
At the point of a burst of momentum, it scalps for $100 with two contracts and is done for the day. FDAX is an ideal market for this sort of thing.


I've wondered about doing that but never had the umph to try it. Figured it was just another pipe dream.


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  #6 (permalink)
 MetalTrade 
 
Posts: 1,055 since May 2010

What stop loss system do you use on the FDAX for this system ?


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  #7 (permalink)
Hard 8
Cheyenne, WY
 
Posts: 66 since Nov 2010
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The scary thing is, it's so easy.


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  #8 (permalink)
 Eric j 
NY
 
Experience: Advanced
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Whats your bag limit ?


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  #9 (permalink)
Hard 8
Cheyenne, WY
 
Posts: 66 since Nov 2010
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Eric j View Post
Whats your bag limit ?

I'm sorry. I don't understand your question.


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  #10 (permalink)
 
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 cory 
virginia
 
Experience: Intermediate
Platform: ninja
Trading: NQ
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Hard 8 View Post
The scary thing is, it's so easy.

so moral of the story is trade the Dax?


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Last Updated on November 16, 2010


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