Zulutrade notes 2

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May 21, 2011, 10:51:00 AM5/21/11
to futures trading
http://groups.google.com/group/futures-trading/browse_frm/thread/a23699d6f692a883#

I wrote:
http://www.myfxbook.com/members/andryuha77/systemsfxnet-andryuha77/32459
Their main page is at http://systemsfx.net/en Note that four out of
the ten trading months had negative equity. This indicates that the
system is gambling. An engineered system must have every single month
in positive equity because the patterns than one trades repeats
themselves on a daily basis. July/Aug were two
months of negative growth in a row and then two months of positive
growth. But the same patterns repeated themselves in Sept/Oct that
were in Jul/Aug. This means that the Sept/Oct growth has nothing to
do
with break-outs or parabolic stops but were a random event that just
so happened to coincide with their EA break-out system..... "

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