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Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.
See what traders write about our work, and join the conversation on ex-BigMike’s, ex-futures.io NexusFi. Glad to see we’re getting noticed in the arena of algorithmic trading on the Ninjatrader 8 platform!
Also glad to see traders are starting to see what our software is: a world-class algorithmic manifestation of a decade of evidence-based crowd behaviour research.
Those following our method (and using our tools) are taking partial profits as we speak on bitcoin, after it hit our measured move objective on the daily chart. Let’s review this trade since there’s some good lessons here, for all traders, and, surely, for upcoming trades:
2023 09 28: our Premium members - and everybody else who uses our software - are alerted to a long opportunity on BTC/MBT. (This is all in real time, as events happen, captured in timestamped images and video.) What should be noted:
- consolidation after the Keltner violation on the 240m chart (and, perhaps not just incidentally, preceded by price rejection at 26200, Sept 25-26)
- complex bullflag on the weekly, providing HTF context
- RRR crossover (aka hotzone), leading us to focus on the consolidation on the daily chart.
The above information propels us to structure a trade to capitalize on this opportunity. (Note: how the trade will be structured/executed will vary from trader to trader, depending on their individual trading plans, timeframes and risk management rules. It’s easy to see, no two traders will execute exactly the same trade even if they exactly agree on this opportunity.)
We’re monitoring, and waiting to strike, like a cheetah in the grass.
Remek! Premium 2023 09 29
2023 09 29: our nightly Premium analysis with ideas on how to trade this opportunity at 4:00 in the video.
Required Risk Disclosure: Futures, foreign currency and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one's financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
2023 10 02: move done, with 1R and more on the 240m chart and a measured move on the daily timeframe. Note that the weekly move may still be ahead. See our notes on the chart below. Note the utility of our Remek! Market Scanner Pro on the right, showing the hotzone from our RRR indicator (an important piece of the puzzle as we put our case together for this trade), and many other useful objective datapoints in the various columns.
Our method yields opportunities like this bitcoin trade on the markets we follow almost on a daily basis, providing strong evidence that our approach is worth a closer look.
It is important to note that our discretionary analysis is based on our quantitative tools, and provide the context that semi-algorithmic traders prefer in their work. However, if your approach is 100% algorithmic, you will be glad to see our totally algorithmic backtesting and optimization tests that we have been sharing on our youtube channel. So wherever you place yourself on the discretionary-altorithmic spectrum, you will find that our software tools and method provide the sound foundations needed for successful trading.
If you like what you see above, sign up for a free trial or feel free to book a complimentary session with us to discuss your trading requirements.
Hello Remek! traders, those on Premium, and those not yet!
We’ve been busy releasing the latest version, v3.70 our Remek! Momentum Pro Standalones, and now it’s on the shelves for you to have (or lease)!
While having the tool is step one, you also have to know how to use it. And that’s what all our resources (most of which are available with a free membership) and our daily training service (aka “trade room”) Remek! Premium are for. Make sure you have a close look at those!
If you're with us on Remek! Premium already, you’ll know the charts below from last night’s video. If you're not, it's because you're a) already a pro (cool!), b) perhaps you haven't heard about us (let’s change that now) c) or perhaps you haven't really looked yet (you can grab a coffee and change that too!).
In any case, if it's the latter two, here's what we're working on right now. Get the tool, learn the job, and let us help you make 2023 your best trading year yet!
Remek! Trading Systems, Inc. (Toronto, Canada) specializes in providing trading system development, testing and consulting services to traders worldwide. Remek! Momentum Pro, our self-adapting trading algorithm is designed to trade the re-emergence of momentum out of consolidation areas. For more information, visit www.remek.ca
Remek! Trading Systems Inc. | 11 Shallmar Boulevard, Toronto, ON, M5N 1J6, Canada
