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Boomerang indicator system at

  #161 (permalink)

Dallas, TX
Trading Experience: Intermediate
Platform: NinjaTrader, IB
Favorite Futures: GC, CL, ZS
Posts: 14 since May 2013
Thanks: 5 given, 41 received

Questionable Results

I didn't follow the room today, logged in at the end and it said he'd made 27.50 NQ points. I would wonder how many trades it took to do that. Yesterday he made 11 points (so he said), but there were 23 trades. If that was in autotrade, the commissions at $8 / RT would almost equal the net gain (net gain $880 - 736, based on 4 lots).

Maybe he's turned the corner. He claims that in the first few weeks (2-3 I'm thinking) of the trading room he netted something like +310 points. I NEVER saw any indication of that, I have to call BS on that. And don't know where he's getting the other 300-some points, because he's been net losing since 3/3/2014, to the tune of at least 65 and maybe 101 net points.

Hey, if he can turn around the trading in the next couple of weeks and get an 80% average, as he claims he can do, I "might" let him trade a one lot for a while....

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