Disliked{quote} Yep.. I know what it is... it's how I am managing stop loss via different studies (applying brute force to cover all possibilities except one or maybe two left out)Ignored
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The Journ(ey)al of a Lazy Trader 0 replies
mt4 read only password question 2 replies
"Read only view" on Metatrader 10 replies
Disliked{quote} Yep.. I know what it is... it's how I am managing stop loss via different studies (applying brute force to cover all possibilities except one or maybe two left out)Ignored
Disliked{quote} Yep.. I know what it is... it's how I am managing stop loss via different studies (applying brute force to cover all possibilities except one or maybe two left out)Ignored
Disliked{quote} when I devise a system and backrest it for a year and I have 1 bad month I tweak till I get a full year of winning months I too am a perfectionistIgnored
Disliked{quote} That process is EXACTLY what I refer to "process of elimination"... focus on the negatives towards reaching a positive outcome. Glad we agree on some aspects of this journey :-) Besides, my inner voice has always been my guiding principle. I cannot and will not go through the route of faking myself and others into thinking I got this ready to make millions. Things that others do that severely annoy me.... I cannot be doing the same. There is some level of hypocrisy involved with trading via binary outcome but I chose and pledge never to...Ignored
Disliked{quote} Exactly. But one question remains: How to overcome the trade-off between winning-percentage and risk? Although I know of strategies with 90+ % wins, the losses that we have to accept will eat up all gains. Maybe you may shed some light on it (for Vee and me).Ignored
Disliked{quote} Glad to see you join us bro. You got a sound mind so bring it on :- AC - the only way I now think this is possible is by stopping to trade when we are ahead....win/loss % does not matter if you goal is met every day with whatever you can get. I know if it against our mathematical-oriented mindset but there seems to be some truth to it. Either stop when $ or tick goal is met or number of trades is met or stop when the time duration of trading day is over. These are the only 3 ways to defect an inverse-RR strategy imo... which is also tied...Ignored
I have always liked #2.... because of law of averages and law of large numbers to smoothen the yeild curve enabling efficient cash flow, expenses and income with the least amount of time and effort involved :-
DislikedHi V, The spreadsheet solution for a PnL based flatten is the following: J29 - Flatten and Cancel Working Orders (read/write) This cell is where you will input the formula to trigger the global chart flatten. When the formula returns a 1 (true), all positions will be flattened. J10 - Open Profit/Loss (read-only): This is a read only cell which references the current floating PnL for the chart. J11 - Cumulative Closed Profit/Loss (read-only): This is a read only cell which references the trade log for closed PnL. H1 - Blank Cell (stationary user...Ignored
Disliked{quote} The best analogy I can give is like this. Think like a farmer. he has rows of fruit trees but not all fruits will ripe to perfect condition at once during harvesting. so he has the following options Wait for the "Perfect" time to harvest and then pick only the best fruits to get the best ROI (razor sharp A-grade entries and exits) Don't worry about perfect pickings and sell the entire harvesting of raw, ripe, rotten fruits by the truck load #2 but separate and sell in batches to the highest bidder. Top quality batch goes to Costco, medium...Ignored
Disliked{quote} while not a fruit tree, but if the trees interchangeable in the example for a more personalised subject... interestingly, a farmer i know very well, uses a rolling continuous approach...would that coincidentally equal to scaling in and out of their position? ( apart few other things, we farm mushrooms, for real; not not using 'farmer' a metaphor for my forum nickname).Ignored
Disliked{quote} Thanks for the details Nik. I knew some day I will have to get into spreadsheets. I just learnt the size/character restriction in formula for Alerts study which really sucks. I hope I can do what I want to do with spreadsheets and work well in replay mode. Frustrating a little bit to see so much time go into learning Sierra but worthwhile I hope to materialize in the end. Back to the grind. My test results I posted earlier from "standard replay" are completely wrong compared to "Accurate Trading System Test Mode". I am sure it will be different...Ignored
Disliked{quote} Found another nuance with Sierra but first.... Self-Reminder: I am doing it again what I did with MT4.... finding flaws, limitations, hidden caveats to bitch about it. STOP! That is a road to hell and hard to get out of. Self-Reflection: I am the only one accountable for all my actions and reactions. I cannot blame lack of features in the trading platform to be the reason for delays and inconsistencies. Lack of information is on me to deal with. Get to work and understand what I am dealing with first before trying to find your destination....Ignored
Disliked{quote} I think you are sorting out what the difference is between and engineer and a trader. Kudos for your transparency.Ignored