I agree. We need new Trade history and Statics report. The ones on this web site now are of no value.   To leave the old system reports on the web site is false advertising. Because they have re-programmed the computer we have no idea what to expect. They gave us 260 trade stats, but the old ones have over 400 for the multi entry system. We need 16 years of trade stats from trade station on this reprogrammed system.

Thanks for the hard work. Could you please post all the new system trades in a excel sheet so I can back test my own stoploss rules. Or maybe just tell me which trades have changed and just those results.

When will this new system  start? Do I use the new entery point on the current trade or just wait until the next trade to start the new system. 

Why would anyone want to tinker with a system that traded good for 15 years? The great thing about a mechanical system that works, is that there is no emotion or stress. Check the past results and notice that the system does give up some profits at times. This is normal of any system. So relax and know that in the end it will be alright. Thanks to the developers for sticking with the rules and not changing them. It is the only way to go.

Are we going to the -6.5% stoploss system on the next trade?  Not sure if the new system has been designed yet. If it has did the re-entery get fixed so we catch the big  profit trades that were missed?

What is really needed for this system is a stoploss formula that takes into account the volatility and price action.  The stoploss therefore would  move up as the price moves up.  To keep the stoploss at -6.5% from intital entry really is not what a system should do.  I think this could be done by your programmer and better serve the systems needs.

If you look at the ATR 20 for the max low point down draws of the past. You will find that the current trade is  worst than those of the past. A good formula to keep things in perspective is:    low point down draw/ATR 20

Therefore :2/29/09 = 10%/3.05= 3.27        7/28/11=10%/2.27= 4.40

I am assuming we went long today. It would be nice to have it posted a few minutes after Matt toke the Trade, just to make sure.

In 2 words, they suck.  If they are held very long you will lose time value .  Also they may be invested wrongly by the managers of the fund. DXO is a good example of how things can go wrong. In 2009 it had to be shut down because it did not gain value when oil rebounded.  For the short term a commodity may work but remember the contract time value loss. Long term only works for indices for ETF's.

The hardest thing to do is trust something mechanical when we are flying blind. If the airplane is flying at night in a storm all the pilot has is his mechanical instruments. If he decides to ignore then he surely will crash. The same is true of mechanical trading systems that have been back tested for 15 years or so. This is why I believe only in a mechanical system. Once it is set up and running a 5th grader can operate it.  So if Matt has done his backtrading properly and never changes the program, then this is the holy grail of a trading system. I would rather fly using instuments than blind.