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Stack MM

  • #61
  • Mar 12, 2019 12:25am Mar 12, 2019 12:25am
Hi Brian, call me Kim. Thanks for good idea you show . How do you deal with swap fee while waiting for bad trades turning into your direction? Do you take into account about +/- swap when you enter a trade? Is it better to only trade in + swap direction?
  • #62
  • Mar 12, 2019 12:27am Mar 12, 2019 12:27am
From post #1
3) Trades only can close if profit is +10 pips
4) All bad trades just are flying until they can be closed. This create the name. Its just a stack of bad trades
5) Non recoverable trades can be closed when ratio is X:1 ( you earned X times the loss will make that trade )
If you consistently make 30 pips atleast, what ratio this stack system suggests. Thanks and
Regards
  • #63
  • Edited 1:01am Mar 12, 2019 12:48am | Edited 1:01am
Quoting goodways100
From post #1 3) Trades only can close if profit is +10 pips 4) All bad trades just are flying until they can be closed. This create the name. Its just a stack of bad trades 5) Non recoverable trades can be closed when ratio is X:1 ( you earned X times the loss will make that trade ) If you consistently make 30 pips atleast, what ratio this stack system suggests. Thanks and Regards
Its TE rules. As its auto system are adapted to tools limits. For example i dont have tool for keep trades X time before let close it. If you readed next posts you will see i told TE will not close any bad trade due i want know how affects this to locked trades.

Anyway i said a few times is a flexible MM. Base is same as you posted but some rules can be slightly different depending system. My manual rules have compensate my low number of trades then are not exactly same.

PD: Check post #40

PD: I understood wrong. Its was a question taking post #1 rules. Ignore answer. I posted answer in below post
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  • #64
  • Mar 12, 2019 12:53am Mar 12, 2019 12:53am
And as i wake not long time ago i forgot other commented rule:

5) Only one trade per pair
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  • #65
  • Mar 12, 2019 12:55am Mar 12, 2019 12:55am
Quoting goodways100
From post #1 3) Trades only can close if profit is +10 pips 4) All bad trades just are flying until they can be closed. This create the name. Its just a stack of bad trades 5) Non recoverable trades can be closed when ratio is X:1 ( you earned X times the loss will make that trade ) If you consistently make 30 pips atleast, what ratio this stack system suggests. Thanks and Regards
About your question i need more info:

1) Win ratio
2) How % trades are with big DD
3} Your average daily profit
4) Other data as average trades per week, balance, etc
Try don't lose pants never...
  • #66
  • Mar 12, 2019 1:26am Mar 12, 2019 1:26am
Interesting. Will be following this thread with keen interest.
Have you tried this with random entries OP?
  • #67
  • Mar 12, 2019 1:41am Mar 12, 2019 1:41am
Quoting carddard
Interesting. Will be following this thread with keen interest. Have you tried this with random entries OP?
An auto system as TE is not enough random? If you ask about if MM can deal with bad systems answer is NO. You need a few min requirements. But i think many systems in this forum can be candidates if you adapt MM to them.

The most sensible need is about extreme trades. Its typical in auto systems ( and many traders too ). If this kind of trades are the common then anything can save you
Try don't lose pants never...
  • #68
  • Mar 12, 2019 2:16am Mar 12, 2019 2:16am
Quoting braintheboss
{quote} About your question i need more info: 1) Win ratio 2) How % trades are with big DD 3} Your average daily profit 4) Other data as average trades per week, balance, etc
I only trade one day or 2 days a week.
As of last week.
4 trades. 0.3 lot size 54 pips, 30 pips, 25 pips, 48 pips. $100000 account.
win ratio 75% to 85% conservatively.
I want to gradually increase lot size.
In the Stack system at what win ratio should I increase the lot size to lets say 0.4.
I almost always close the week at a profit, big or small. Thanks and
Regards.
  • #69
  • Edited 2:38am Mar 12, 2019 2:28am | Edited 2:38am
Quoting goodways100
{quote} I only trade one day or 2 days a week. As of last week. 4 trades. 0.3 lot size 54 pips, 30 pips, 25 pips, 48 pips. $100000 account. win ratio 75% to 85% conservatively. I want to gradually increase lot size. In the Stack system at what win ratio should I increase the lot size to lets say 0.4. I almost always close the week at a profit, big or small. Thanks and Regards.
Your trading is even more conservative than mine but are similar in concept. Lot size for that balance/win ratio/ number trades is so low. Even using 1 lot per 10k is very safe. As you have 100k you should try 10 lots. Or if is so high for you try 1/2 ( 5 lots ) or 1/3 ( 3 lots ) for have a max 10 lot size with 3 trades at same time ( if one is bad and you need open a second or third )

About max trades at same time you can set 3 as me. Really you will not reach that limit normally with that win ratio. I try open 1 per day ( 1.5% day ) but not always I can do it if I place one wrong. Your profit per trade is not low then you can try -75p DD limit. That means if is not recoverable you will need only 2 trades for cover loss, 4 for double profit of that loss. I took your trades profit and i made average ( 39p ).

About time limit if you make 4 trades per week in average, thinking not all will be good, maybe you need 3 weeks delay before close ( if trade didn't return ). With that win ratio non recoverable will be rare

PD: If you use Stack MM you can't close trades at week close. Only when exit rules happens
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  • #70
  • Mar 12, 2019 2:34am Mar 12, 2019 2:34am
One thing i check in manual trading are swaps. As i can't guarantee my trades will be closed same day then i search positive or negative with very little loss ( less 3 points ). But this is a trader choice
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  • #71
  • Mar 12, 2019 2:57am Mar 12, 2019 2:57am
Fresh trades doing the job. We have 2 yesterday trades in profit area too ( EC - 15h ). Yesterday absolute DD was around 2200p. Now its almost half plus all profit closed. Chart growth is making new tops since yesterday. This means DD have low impact now ( its under control )
Attached Image(s) (click to enlarge)
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  • #72
  • Mar 12, 2019 3:36am Mar 12, 2019 3:36am
This show what is happening at backstage. Trades will not recover wil be in this area. If they fail in their climbing then we will have prepare their exit in the best place possible. This have many strategies to do it and it will be touched in a future
Attached Image (click to enlarge)
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  • #73
  • Edited 6:34am Mar 12, 2019 6:20am | Edited 6:34am
And this capture confirm my idea about big DD effect is not main real accounts wiper. In one day will covered 6 weeks DD with constant profit. In this week even we are in profit. Evidently is better don't have DD but if you can't avoid it at least you have ways to deal with it

A couple points i will like say are:

1) Abs DD is lower that monday (we recovered 700 pips )
2) Worst DD trades are closer to leave from non recoverable area. Then we have a chance to lost less trades. Really we have only 2 in that area now

Attached Image (click to enlarge)
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  • #74
  • Mar 12, 2019 2:11pm Mar 12, 2019 2:11pm
We will return to one of topic we let pending: What is the non recoverable area?

We found 2 areas:
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From -100/-200p with a performance -> 236p/-949p ( abs total ) - 6 trades - Avg ( 39,3p/-158p )

EJ- > 71/-196 ( worst DD trade )

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From -200p with a performance -> 143/-984( abs total ) - 4 trades - Avg ( 35,75p/-246p )

GA -> Not Closed/-540 ( worst DD trade )
Attached Image (click to enlarge)
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But for have better view we will put profit made from open trades date ( 20 Feb ) to peak DD ( 1 Mar )
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We had 2200p profit. Now we have all data for build the plan. As I told non recoverable trade is one is in loss long time without return to profit. We have some things to check before decide if close it or no:

1) Time opened
2) Max DD and current DD
2) DD is growing in X last candles? ( is really recovering )
3) Is profit closed X times current loss?

In next post we will check a closed trade: EJ
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  • #75
  • Edited 3:10pm Mar 12, 2019 2:40pm | Edited 3:10pm
EJ had max DD 190p at 1 March. Along time trades was opened until max DD we had 2200p profit. Up to date close was 4132p ( 7 March )
Attached Image (click to enlarge)
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If we decided need 3 times profit for close that means we will need at least 190 x 3 = 570p profit for close it ( if take max DD ).

Now we will check where we had the edge. Area -100p ( nasty ) was reached 28 Feb. That day we had 1879p profit.
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1) Profit made trade fits with rule 3 times more at that date ( 100 x 3 = 300p ). OK
2) Time passed 8 days ( for do it fast, average all trades in nasty area are >10 days ). NO
3) Candles are not in retracement. Is growing. OK
4) Current DD: -100p Max DD: -100p. Its bad timing trade ( no profit ). OK

Its a good candidate for close. But before we wil make some numbers taking advantage we know the future.

Profit: 71p
DD: -196p

Seeing what happened we know:

1) If trade is closed we will avoid -96p DD but we will loss -100p ( 28 Feb profit 1879 - 100 = 1779 ). DD relative to profit closed 28 Feb was 5.3% ( 1879 vs -100 )
2) If we wait profit close we will have 71p more. This was 3.7% of that profit day ( 28 Feb ) and 1.17% of trade close date ( 7 March ) .

Then now I would like ask traders their decision knowing this info. Close or keep?
Try don't lose pants never...
  • #76
  • Mar 12, 2019 11:06pm Mar 12, 2019 11:06pm
The most sensible need is about extreme trades. Its typical in auto systems ( and many traders too ). If this kind of trades are the common then anything can save you . Post 68
Can you explain what do you mean by extreme trades. Are these with very big lot size or very big loss. Thanks and
Regards
  • #77
  • Mar 12, 2019 11:10pm Mar 12, 2019 11:10pm
Lot size for that balance/win ratio/ number trades is so low. Even using 1 lot per 10k is very safe. As you have 100k you should try 10 lots. Post 70
If week goes in profit. Next week I increase the lot by 0.15. Eventually my lot size will get there.
  • #78
  • Mar 12, 2019 11:36pm Mar 12, 2019 11:36pm
Quoting goodways100
The most sensible need is about extreme trades. Its typical in auto systems ( and many traders too ). If this kind of trades are the common then anything can save you . Post 68 Can you explain what do you mean by extreme trades. Are these with very big lot size or very big loss. Thanks and Regards
Trades placed at wave top/bottom with opposite direction to new leg
Attached Image (click to enlarge)
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They are the worst entry possible. How bad will be depends of pair and if that new wave leg is a pullback or a swing ( new tremd ). Lot size is always fixed then problem is trades quality. Put a trade when new leg will go against it is not a good idea
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  • #79
  • Mar 12, 2019 11:38pm Mar 12, 2019 11:38pm
Quoting goodways100
Lot size for that balance/win ratio/ number trades is so low. Even using 1 lot per 10k is very safe. As you have 100k you should try 10 lots. Post 70 If week goes in profit. Next week I increase the lot by 0.15. Eventually my lot size will get there.
Lot size is a personal choice. Nothing wrong using one below my personal ratio
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  • #80
  • Mar 12, 2019 11:55pm Mar 12, 2019 11:55pm
A different view. Left EAX had max 2000p DD and right EAX max 900p DD. Right EAX yesterday had +400p floating profit before start closes. Now even is almost in BE without have any big green trade opened

PD. I turn off laptop before go to sleep then EAX min/max profit are reset
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20190313-065128_AnyDesk.png Size: 2.0 MB
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