Time to chill by the pool :-)
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Disliked{quote} Hi G....thanks for popping in. Mate.... I hope this helps mate. Cheers CIgnored
DislikedDonchian Suite Tests continued.... Refer to system definition in Post 640 Strategy: D3T Type: Medium Term Trend Trader Timeframe: D1 Test Period: 1/1/2000 - 31/12/2015 Donchian Entry: 100 Period Donchian Exit: 50 Period Initial Stop: 50 Period ATR x 3 Note that all unrealised profit taken at the end of the test hence the significant profit taken on final bar of test. Note that when comparing against other methods, drawdowns usually are experienced upon portfolio commencement...Ignored
Disliked{quote} When my war chest of unrealised profits starts getting low (reducing my margin of safety buffer) or when my drawdown starts building I start to further stretch the placement of my pending entries away from price. Clearly market conditions are unfavourable and the reasons for these symptoms appearing. So by placing my pending orders further away from current price I am reducing trade frequency during unfavorable market conditions (avoiding over-trading). This technique defends my capital base and allows me to manage drawdowns with more discretion...Ignored
Disliked{quote} Hey C, Im reading your journey from the start. Love your approach. It really pinpoints your general personality i would presume great orderly fella! Wife must be happy lol.. Really good stuff Ill go direct intoIgnored
Disliked{quote} Have some general questions...this quoted test for 15 years and with 0,42R per trade in the portfolio. Do you trade that live going forward? What are results from the past 4 years with same strategy and portfolio settings? From start.. you started with one strategy, then for testing purposes you extended to lots of strategies.. There are some D1vsH1.. Wait for 2,5R to move from 1,0 to 0,5 trailing lenght (primary strategy) which in your earlier stats you showed ROI for years 2013 and 2014 of 70 or 80%. Was this valid? What are the results...Ignored
Disliked{quote} I dont understand this in rule based world actually how would you define when entries should be moved as we do not know when the next big trade is gonna occur. Its right next one perhaps and if one misses one, we know the big ones occur rarely. How one puta this decision in the automated system? "When my war chest of unrealised profits starts getting low (reducing my margin of safety buffer) or when my drawdown starts building I start to further stretch the placement of my pending entries away from price. Clearly market...Ignored
Disliked{quote} I pity you mate. This is more a journal of a desperate guy looking for a way to defeat discretion by systematic application.....but there are lots of lessons that I can take from this when I go back in time to reflect on the journey. You can also see the friends I made along the way including yourself that helped to shape my approach. That is why IMO a journal is so important for a trader. Not necessarily a journal in the strict sense of the word...but a diary of the ideas that shaped the 'now' and where that moving now is today. {quote}...Ignored
Disliked{quote} Yes. Its very nice to go through your journal. Lots of value there. Interesting also to see the process of thinking years back, to now. MAR around 2 is of course top notch. Great achievement! If I remember correctly, you have 35% win rate on the portfolio. If you have a info, what is your longest loosing streak in trade count and what is your average R per all trades in the portfolio? Would like to hear what is you maximum R your achived in one trade(one strategy one entry) just to get an idea what a beast are you riding Sir.Ignored
Disliked{quote} J...attached is a summary of major stats for the latest incarnation which was about as systematic as I could make it. The better performers in terms of MAR are highlighted. {image} Average Loss across the portfolio was ($260.30) on a $50K balance....so let's say R is ($260.30) Max win was $9842.23/260.30 = 37.8 R. Went for a huge ride on XAUUSD back in 2011 when it went parabolic. MAR came in at 1.77 and Pwin% at 42.0% Average R for all winning trades was 638.44/260.3 was 2.45 Longest losing streak in trades was 14. Max winning streak was...Ignored