Long time lurker, first time caller....
I dont understand why you dont stick to vanilla NT as from what I have seen on this thread a couple of other posters have carried out, what looks like, pretty extensive back testing and demonstrated that the other variations are probalby not as profitable as NT over the long term.
I notice as well that there are some new posts here from people who have only started trading NT in the last 5 or 6 weeks or so and they are already considering changing or adding to the system with the other variations. Consistency is the key here I think. And, correct me if I am wrong, but the other variations have a very poor risk to reward which stacks the odds against you in achieving a positive expectancy over the long term. Why would you ever consider trading a system with an average negative risk to reward. It puts a savage amount of pressure on you to be right...
Because it is now proven from Feb , May and June 2010 vanilla NT results that NT just does not perform in volitile markets, especially when the Euro is going nuts, which it will again when the next PIIGS country has debt problems attacked by the markets. This is why NT results are so poor for these months. The main culprit is not the NT system but the 50 pip limit not being hit before a trade reverses into a loss or stops out.
If you are happy with NT results for these months then that is your choice. In fact if you are happy with NT since you started then great. Everyone understands the risk of the variants, and also the limitations of vanilla NT.
-3 pips official NT figures for my first 5 weeks with NT and only +20 pips for the first weeks of june are clearly showing the limitations of net trap. If you want to beleive you will suddenly start gaining the +250 pip, +400 pip months of last summer advertised when we invested in the sysyem then you keep the belief, I am right with you as I won't be dropping NT (just adding the 33 sell stop).
But I have a desire to evolve and find something that as a system banks more consistantly, bit follows the same principle. I have already made the commitment two weeks ago on here to stick with TNT 60/60 until it depletes my pot by 20% that NT alone would not have.
The fact that we have quite a few variant trialers much more experienced than me shows that there is some beleif and logic in the varients.
Anyway, good luck to all those who want to remain true to NT, the variant progress will be logged and sumerised from now on and if it goes wrong some time you can feel happy you did not stray, if in six months time varients are 50%+ ahead of NT despite the higher risks on paper you can think "what if".
It's all about freedom of choice.
M
p.s. NT official total for 2010 (Jan to May) is +426 pips, only 85 pips a month average.
I have banked 128.6 pips from NT (with tweaks) in the last 26 trades and also banked +20 pips in the last two weeks with MNT, would have been 40 more if I had known about the 27 pip sell stop problem.
I am happy so far and understand the risks, but I would not be happy with 20 pips.