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The basket of Hybrids; 4 Pairs

  • #21
  • Dec 4, 2007 12:31pm Dec 4, 2007 12:31pm
Hi, Aleksey! I mostly understand the consept of your system. It's clear how you determine the size of positions, but what not clear for me is how you pick these four pairs for each particular hybrid? Can they be picked randomly? And how you determine which pair to buy and which to sell?
  • #22
  • Dec 4, 2007 1:23pm Dec 4, 2007 1:23pm
Quoting alexfot
Hi, Aleksey! I mostly understand the consept of your system. It's clear how you determine the size of positions, but what not clear for me is how you pick these four pairs for each particular hybrid? Can they be picked randomly? And how you determine which pair to buy and which to sell?
Hi Alexfot! No, they have to be picked by using of signals of a trading system. You can use any trading system and this approach will increase its results.
  • #23
  • Dec 4, 2007 8:50pm Dec 4, 2007 8:50pm
I have closed all position on the closing of Tuesday because I will be off the market till the end of the week. We will continue next week.
  • #24
  • Dec 8, 2007 9:22am Dec 8, 2007 9:22am
Hi All! I came back and will select a new hybrid tomorrow to trade on the opening of Monday.
  • #25
  • Dec 8, 2007 12:52pm Dec 8, 2007 12:52pm
Dear Aleksey,

What I understand from your well-conceived table is you've decided that trading completely unrelated hybrids is more advantageous than simply planning trades based on negative correlations such as long EURCHF and short EURGBP. Is this a correct assessment? As well, by trading four pairs instead of just one, you seem to be voting for a more diversified approach than, say, waiting and waiting and waiting for the perfect single trade. Is this assessment also correct? And thirdly, do you have a timetable and/or method for stop placement and/or closing the hybrids apart from your system rules, i.e. as a purely money management function?

Thanks so much and sorry for any bother. My best to you and yours.

Lenoxer
  • #26
  • Edited Dec 9, 2007 12:59am Dec 8, 2007 10:44pm | Edited Dec 9, 2007 12:59am
Quoting Lenoxer
Dear Aleksey,

What I understand from your well-conceived table is you've decided that trading completely unrelated hybrids is more advantageous than simply planning trades based on negative correlations such as long EURCHF and short EURGBP. Is this a correct assessment? As well, by trading four pairs instead of just one, you seem to be voting for a more diversified approach than, say, waiting and waiting and waiting for the perfect single trade. Is this assessment also correct? And thirdly, do you have a timetable and/or method for stop placement and/or closing the hybrids apart from your system rules, i.e. as a purely money management function?

Thanks so much and sorry for any bother. My best to you and yours.

Lenoxer
What you are asking about at first and second points is true. At third point, no. All decisions is made only by using system rules.
  • #27
  • Dec 9, 2007 10:07am Dec 9, 2007 10:07am
Will you be revealing the system's rules?



Quoting Aleksey
What you are asking about at first and second points is true. At third point, no. All decisions is made only by using system rules.
  • #28
  • Edited 10:34pm Dec 9, 2007 11:30am | Edited 10:34pm
Quoting criss73
Will you be revealing the system's rules?
My system rules are the subject for a long conversation because they use pretty complex mathematics and are not so easy to reproduce. I pay our attention here only to a hybrid aspect.
  • #29
  • Dec 9, 2007 11:40am Dec 9, 2007 11:40am
Unfortunately we will be able to construct only two-components hybrids on the opening of Monday so we will take break for one or two days to wait three or four-components one. Our last positions are shown at the picture.
Attached Image (click to enlarge)
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  • #30
  • Dec 9, 2007 12:01pm Dec 9, 2007 12:01pm
I have to note that my system has a profit factor about 12 for any instrument but a hybrid approach increases a total profit factor up to 20-25.
  • #31
  • Edited 11:11pm Dec 10, 2007 10:58pm | Edited 11:11pm
Unfortunately we were able to construct only a two-components (more risky) hybrid on the opening of Tuesday. Please see the attached picture.
Attached Image (click to enlarge)
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  • #32
  • Dec 11, 2007 2:13am Dec 11, 2007 2:13am
These positions have pretty good potential so that maybe in this case we will able to see more long-term trading.
  • #33
  • Dec 11, 2007 10:46am Dec 11, 2007 10:46am
If you have some questions please ask me. I am going to show trading in the current hybrid and to complete the description of the hybrid method.
  • #34
  • Dec 12, 2007 1:26am Dec 12, 2007 1:26am
Dear Aleksey,

Have you checked out the Martingale MM thread of FXTradePro? What do you think? Is it better to trade hybrids with simple MM (cut your losses short and let the winners run, etc.) or is it more advantageous to run a Martingale strategy on the hybrids?

Thanks,

Lenoxer
  • #35
  • Dec 12, 2007 5:53am Dec 12, 2007 5:53am
Quoting Lenoxer
Dear Aleksey,

Have you checked out the Martingale MM thread of FXTradePro? What do you think? Is it better to trade hybrids with simple MM (cut your losses short and let the winners run, etc.) or is it more advantageous to run a Martingale strategy on the hybrids?

Thanks,

Lenoxer
The hybrid method was built to increase a profit factor of any system and it works the better than more conservative MM is used. The Martingale strategy for me is not more than a funny thing and I know nobody who would trade an serious account by using this strategy.
  • #36
  • Edited 10:46am Dec 12, 2007 10:34am | Edited 10:46am
I will change the hybrid on the closing of the day since I see better one to complete the thread.
  • #37
  • Edited Dec 13, 2007 4:43am Dec 12, 2007 12:46pm | Edited Dec 13, 2007 4:43am
Waiting for...
Attached Image (click to enlarge)
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  • #38
  • Edited Dec 13, 2007 4:40am Dec 12, 2007 10:03pm | Edited Dec 13, 2007 4:40am
Current positions...
Attached Image (click to enlarge)
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  • #39
  • Edited 1:20am Dec 13, 2007 1:06am | Edited 1:20am
Quoting Aleksey
I have to note that my system has a profit factor about 12 for any instrument but a hybrid approach increases a total profit factor up to 20-25.
sorry, no disrespect intended, but I got this far into the thread struggling to get the concept and then cracked up because your profit factor projections are the holy grail times 10. you could safely risk 20% of your account per trade.You would own the entire universe in a year with odds like that in your favour.
with 1% risk per trade and 2 trades per week,compounding weekly would turn a $1000 micro account into $53,144,111 in one year. the calculator runs out of digits at 2% risk per trade. Casino's make massive profits with a profit factor less than 1.2
pretty funny huh?
BTC Return This Year: na
  • #40
  • Edited 4:56am Dec 13, 2007 4:04am | Edited 4:56am
Quoting M.A.C.Doug
sorry, no disrespect intended, but I got this far into the thread struggling to get the concept and then cracked up because your profit factor projections are the holy grail times 10. you could safely risk 20% of your account per trade.You would own the entire universe in a year with odds like that in your favour.
with 1% risk per trade and 2 trades per week,compounding weekly would turn a $1000 micro account into $53,144,111 in one year. the calculator runs out of digits at 2% risk per trade. Casino's make massive profits with a profit factor less than 1.2
pretty funny huh?
Trading by one instrument I usually make 15-20 trades a year that allows me to make 30% per a year without any margin or about 250-270% per year, applying 5% margin for a basket. I never use risk more than 1% per trade for one instrument so I will never own entire universe. Hovewer I want to buy own island someday.
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