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Re: FreeMarkets post# 17207

Thursday, 11/15/2007 8:36:28 AM

Thursday, November 15, 2007 8:36:28 AM

Post# of 17625
With regard to TMG...it got to the point where I didn't have confidence in any of the signals and it seemed like members were trying many variations of trading them to make something work. Much of the emphasis was on the backtested results rather than how the system performed in real time.

Then they changed the way the system was traded on C2 to 100% margin and 2% stop loss, without much in the way of telling the rest of the subscribers they were doing that and the reasoning behind it, unless I missed something somewhere.

The final straw was when I was working with the Live Results file downloaded from the TMG website. If you ignore the initial 3 month good run and had started trading the signal when the equity curve peaked around mid-February, you would be down almost 20% if starting with $10,000 and about 6% if you started with $100,000, with a winning trade percentage less than 50%. That's 8 months of trading, which hardly may be considered a small sample size and I can lose my money that well without have to pay $120 a month for the privilege.

I like NERS, but as Steve said, you have to be married to your computer screen for hours at a time, which can be difficult. Hopefully, I can figure out someway to apply it to longer timeframes.

There are a couple other systems on C2 that I'm investigating to determine if they are worth while. I'll post any positive results I come up with.

Good luck trading,

FE








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