Looking for a partner -- an FX trading system for sale

[Doctor Leo]

We have a stable trading system for forex market which might be interesting for clients with small to medium to large accounts on which it returns about 100 to 200 per cent per year with maximum equity drawdown less than 1% and profit factor about 2. The system is written as an add-on for Tradestation and is currently developed for MetaStock and as a standalone app. We look for a partner who might help selling the system. Also we are glad to offer the system to individuals. If interested, please get in touch via email.

 

[sidinuk]

100-200% per year and less than 1% drawdown. Hmmm...almost sounds too good to be true. Now, what do they say about things that sounds too good to be true?

Anyway, I have a sales pitch to attend in Russia, so Moscow.

 

[Doctor Leo]

100-200% per year and less than 1% drawdown. Hmmm...almost sounds too good to be true. Now, what do they say about things that sounds too good to be true?

Anyway, I have a sales pitch to attend in Russia, so Moscow.

Not too good. Too good would be 1000%... But in that case we wouldn't sell it at all. If you're interested, I can send you all the detailed reports. Suppose the forum's thread is not the best place to exhibit them.

 

[donaldduke]

We have a stable trading system for forex market which might be interesting for clients with small to medium to large accounts on which it returns about 100 to 200 per cent per year with maximum equity drawdown less than 1% and profit factor about 2. The system is written as an add-on for Tradestation and is currently developed for MetaStock and as a standalone app. We look for a partner who might help selling the system. Also we are glad to offer the system to individuals. If interested, please get in touch via email.

200%, thats pathetic.

Alot of traders here make atleast 1000%:

http://www.trade2win.com/boards/showthread.php?t=12172

Youll need to come with much better returns that to get any of us interested in your system.

 

[Doctor Leo]

Glad to hear. But this sytem was developed not for traders, but for investors, and the main investor's dream is to get a guaranteed income, not a doze of adrenalin. That's why I mentioned low drawdown. If you increase the risk, you can easily profit much more from the same system, for instance, with max drawdown about 60% I've got a fantastic 1900% profit. But is there a lot of people who can take such risks?
I don't think it's good idea to offer the system to traders, especially to successful ones. Not only ours, but any system.

 

[Tuffty]

Doctor Leo said 'returns about 100 to 200 per cent per year with maximum equity drawdown less than 1% and profit factor about 2'

If one is using definitions normally used in system trading then I believe it is mathematically impossible to turn a profit factor of 2 into the stated returns and draw down. Please prove me wrong.

 

[Doctor Leo]

Suppose you have NO losing trades (not in our sytem, of course). What profit factor will it be?

 

[Strategic Trader]

is the 100 to 200% you quoted, based on actual trades or theoretical, and do you give source code?

 

[Tuffty]

If you had no loosing trades, you'd be very very rich and wouldn't have to worry about silly things like profit factors.

 

[donaldduke]

Doctor Leo said 'returns about 100 to 200 per cent per year with maximum equity drawdown less than 1% and profit factor about 2'

If one is using definitions normally used in system trading then I believe it is mathematically impossible to turn a profit factor of 2 into the stated returns and draw down. Please prove me wrong.

It is possible, if you risk 0.1% of your account on every trade and make 10 trades a day.

If your system had a factor of 2:1 with a win rate of 50% you would make about 125% a year
with a drawdown never more than 1.5%.

Thats day trading for you!

 

[Tuffty]

Apologies, You can get big %p.a. and small draw down if you do lots of trades. Thanks for pointing that out donaldduke.

 

[Racer]

Another get rich quick scheme, ah yes... please tell me more.....

 

[Doctor Leo]

is the 100 to 200% you quoted, based on actual trades or theoretical, and do you give source code?

We did test it in actual trading. And we can provide source code if needed, but not right in this thread

 

[Doctor Leo]

Another get rich quick scheme, ah yes... please tell me more.....

I doubt if one could call it get rich quick. For me, 100% a year is not quick enough, although with low drawdown is stable enough, that's why we sell the system. If you have serious intentions, please email or PM me.

 

[Strategic Trader]

what are the specific result of your tests - 100% to 200% profit as quoted - is showing a 100% variance in profit - which might suggest that the other leg of the variance is 0%? or was it a mean average of 150% - or were the results over different time scales etc?

 

[Doctor Leo]

what are the specific result of your tests - 100% to 200% profit as quoted - is showing a 100% variance in profit - which might suggest that the other leg of the variance is 0%? or was it a mean average of 150% - or were the results over different time scales etc?

The strategy was tested on different currency pairs and the 100% profit is the worst result (specifically speaking, on cable), and 200% was the best result (on chief, this was traded on real account). The time frame is the same for all tests.

 

[Strategic Trader]

it would be helpful if you could post the results - specifically the real trading results - number of trades and time period - and which ever brokerage firm the trades were done through - and how this can be verified?

 

[Doctor Leo]

it would be helpful if you could post the results - specifically the real trading results - number of trades and time period - and which ever brokerage firm the trades were done through - and how this can be verified?

I wouldn't post the results here. And especially the brokerage firm info. If you're really interested please send me an email with your intentions.

 

[Doctor Leo]

Problems with email

My sicere apologies to all of you who asked me for more details. We faced some unexpected problems with our corporate email, so I couldn't send you the requested information. We are sure that the problem should be resolved to-day or as a deadline - tomorrow. I'll send all the requested files as soon as possible.
Apologies again and thank you for your patience.

 

[cj12]

I made 160% day trading in the last 20 days. Its high risk the pot can go done us much as 30% in one day. once my target is reach over a month, I always start with a new pot.Example the first pot may have started at $10000 at the end of a months trading it be around $26000. take the profit and start over again. with a start bank of $10000 again,

Sorry it's not for sale.

CJ