SunnyDays's Profile

SunnyDays's profile

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Name: Wayne
Bio: I have spent over 5 years and thousands of dollars struggling to develop EAs and a single strategy that can profit over various market conditions as evidenced by a minimum ten year backtest. IMO, to profit on backtesting only means you have a chance to profit in live trading. I had to greatly modify my goals and expectations in terms of profit - going from a strategy that could produce 100% + return per year (but in backtesting potentially crash an account in certain years) to a strategy that could produce 1-10% return per month but only have 20% dd over a 12 year backtest. This is the strategy I now go with and I believe this approach will stand the test of time and will ultimately attract large funds to my managed accounts. Being a large fund money manager and CTA is my goal.
Trading Style: My EAs and strategies can be incredibly complex but, in short, I trade off of short term momentum aligned with longer term momentum. Emas, trendlines, time windows, breakouts, pullbacks, etc. are all part of the EA. I won't use martingale systems. My strategy is to trade with only 2 or 3 of my best pairs, limiting trade size to a precise formula developed from 12 year backtests in which i determine risk based on a max 20% draw down result derived from long term backtests.
Motto: "A strategy must significantly profit in a 10 year backtest to have a chance in Live trading - Mine Does!"
Experience:	More than 5 years
Location:
Vouchers:	2
Registered:	Feb 20 2010 at 09:20

Recent Posts All

In MANAGED ATC Aug 05 2012 at 05:15

The events of the previous week have caused me to think about adopting a new rule relative to intervening with my automated system trades. If I am up 5% on a single trade I should take profit is ther...

In MANAGED ATC Jul 01 2012 at 21:26

Hello Everyone, A friend asked me about how my system recovered the 10% loss in basically one day. He asked if this was from my EA or if I manually helped the recovery. I thought this would be a g...

In PROBABILITY OF DRAW DOWN SPEED Jun 19 2012 at 06:28

Hey friends, Sorry I did not wait until I have a very clear and organized thought to post relevant to this suggestion, BUT The idea that any system has a draw down percent is important. But wou...

In MANAGED ATC Jun 02 2012 at 06:02

Whether to trade or not to trade NFP with my system has always been one of the most difficult decisions. Nearly every time I have turned the system off I see I would of had a minimal loser or a big w...

In MANAGED ATC May 31 2012 at 04:34

LEARNING TO LET GO: In order to chronicle changes in this account I want to state that as of May 25, 2012 I have moved my system to VPS where it is much easier for me to leave things alone. As I ex...

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Chart

Systems

Name	Gain	Drawdown	Pips	Trading	Leverage	Type
Former MANAGED Account	41.61%	12.33%	1097.9	Automated	1:50	Real
MANAGED ATC	-15.26%	22.01%	-278.1	Mixed	1:50	Real

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