Buffalo Bill Legend   Posts: 539 Joined: 10/3/2006 Location: Stafford, VA  User Profile | Keith I just joined the NC about 6 weeks ago. I have been busy learning, backtesting, playing with the new toys/strategies and will begin trading again very very soon. So far I am very impressed. My trading goals are similar to yours except 1) I plan shorter term trades of a few days to few weeks max (EOD only) and plan on making much more than 30% ARR!! We'll see, but the tools I get with my club membership make that a much higher probability. As afr as: "The PRO version appears to provide all the flexibility in the world to create custom strategies. But my experience in programming custom strategies has taught me that while I know how to program, I don't know how to design trading systems that work exceptionally well." Well, it's easy to cobble together some system ideas and then fully backtest without doing a ton of programming so yes, Pro will definately get you there. But you won't need too because... "Are there really benevolent souls in the NClub that share profitable strategies?" Wow, I'll say. On the club website there are over 100 member uploaded strategies ready for download and testing, besides the specialized systems you get with the Club-only AI stuff. I am finalizing some backtesting of 5 strategies I downloaded (and then added my own tweaks). Yesterday's forward testing (18 mos data) showed hit rates of 86% or better for each (using real stops, not just next pivot point) and expectancies of .7R or better (expect 70 cents for each dollar risked). My goal is the same as yours - totally mechanical trading. These numbers are great, but I know real world and changing markets will bring them lower - but still should be profitable. When I am satisfied with my tweaks you bet I will upload it to the club website/forum for others to use and hopefully improve. I know my additions improved the original startegies (based on my testing), and I know others with much more experience and bigger brains can improve my crude updates. Then we may have some very solid strategies thru collaboration. The club is great for members helping members Good luck | |
