seems like sarge ditched s/d for indies
jokin
EURCAD long closed +228 pips
EURCAD short opened.
I don't care which way the market is going as long as it's going my way
Low stress swing trading with momentum
- #301
- Mar 20, 2012 10:11am Mar 20, 2012 10:11am
- Joined Sep 2011 | Status: I make Rambo look like a boy scout. | 1,472 Posts
EURCAD long closed +228 pips
EURCAD short opened.
- #302
- Mar 29, 2012 3:34am Mar 29, 2012 3:34am
- Joined Sep 2011 | Status: I make Rambo look like a boy scout. | 1,472 Posts
I don't care which way the market is going as long as it's going my way
- #303
- Mar 29, 2012 5:45am Mar 29, 2012 5:45am
- Joined Dec 2010 | Status: Foook Bollinger-dr.Kegel knows! | 9,794 Posts
mate, just an opinion as a fellow trader...im playing similar system as you and I survive exlusively because of multiple entries. I have 700 orders outstanding on 35 crosses. I play them slowly as you are.
I noticed that you always stick to your TP and SL...well Im managing them all the time...what is over 0,5% in plus (per position change - not acc%) I immediately close and give another order at the same entrysss.
Automatic 1% TP on all positions when Im not around. So just steady buying, steady selling in this volatile markets is the answer. And MM. Brutal MM. That is why I am working on minimizing drawdown.
I looked at your stat and you have biggest drawdown of 50%. That is Wildly wicked.
I had 3.000 trades in 50 days....meanwhile you played 600 trades in 130 days. You could optimize in that way imo. Only thinking laud mate!
Cheers
I noticed that you always stick to your TP and SL...well Im managing them all the time...what is over 0,5% in plus (per position change - not acc%) I immediately close and give another order at the same entrysss.
Automatic 1% TP on all positions when Im not around. So just steady buying, steady selling in this volatile markets is the answer. And MM. Brutal MM. That is why I am working on minimizing drawdown.
I looked at your stat and you have biggest drawdown of 50%. That is Wildly wicked.
I had 3.000 trades in 50 days....meanwhile you played 600 trades in 130 days. You could optimize in that way imo. Only thinking laud mate!
Cheers
- #304
- Mar 29, 2012 8:21pm Mar 29, 2012 8:21pm
- Joined Sep 2011 | Status: I make Rambo look like a boy scout. | 1,472 Posts
mate, just an opinion as a fellow trader...im playing similar system as you and I survive exlusively because of multiple entries. I have 700 orders outstanding on 35 crosses. I play them slowly as you are.
I noticed that you always stick to your TP and SL...well Im managing them all the time...what is over 0,5% in plus (per position change - not acc%) I immediately close and give another order at the same entrysss.
Automatic 1% TP on all positions when Im not around. So just steady buying, steady selling in this volatile markets is the answer....
700 outstanding orders...... I would lose what little I have left of my mind.
Just remember that this is an account I use for live testing so it's going to have some nasty surprises when I try stuff that doesn't work
and I slam everything shut at once with a script ....My 2 main accounts I havn't placed a trade in about 2 months and have only taken a couple trades this year in them.This whole week has been crap for me starting last weekend when I took a 1200 mile trip to pick up a piece of equipment I bought. The right front tire on my Dodge Ram 3500 exploded in the most violent tire blowout I've ever had going around a curve in the mountains of West Virginia (and I have over 1.5 million miles of driving semi trucks), and it tore up my bumper, fender, every piece of plastic inside the fender, headlight and door doing several thousand $$$ worth of damage so I've been dealing with the insurance company all week on top of everything else that's not going well this week. No I was not speeding and that was one of the newest tires on the truck with 75% tread remaining.
I shouldn't have even tried a couple short term trades on the 5 minute today as I was in a bad mood after my dogs woke me up way too early barking like crazy at something I couldn't see.
I'm going back to momentum off the daily charts with 2 of my favorite indicators, The smoothed Heiken Ashi for direction and a 20 period LWMA as a filter for entry.
I don't care which way the market is going as long as it's going my way
- #305
- Mar 30, 2012 1:23am Mar 30, 2012 1:23am
- Joined Dec 2010 | Status: Foook Bollinger-dr.Kegel knows! | 9,794 Posts
You opinions and advice are appreciated.
700 outstanding orders...... I would lose what little I have left of my mind.
Just remember that this is an account I use for live testing so it's going to have some nasty surprises when I try stuff that doesn't work
This whole week has been crap for me starting last weekend when I took a 1200 mile trip to pick up a...
Yes, some weeks can result as pretty damaging. I am also only testing the strategy, so not playing big bucks yet. Some beer money atm.
About the 700 orders...Entries vary from 20 pippers to 6000 pippers away on the market, so have looots of time to add or delete them, that is why I see importance mainly in drawdown. Limit that and its relatively stress free trading. Plus, as said...multiple entries are really a releif, 200 pippers away and Im still smiling.
Overall account is moving all together so pretty much playing safe and capitilizing on the succesfull ones and open them again in the same matter, on the other hand managing slowly the ones who are in red.
Hear ya later! Keep making those pips!
- #306
- Mar 30, 2012 7:56am Mar 30, 2012 7:56am
- Joined Sep 2011 | Status: I make Rambo look like a boy scout. | 1,472 Posts
Damn man, this Dodge Ram 3500 is one big mofo! I checked it out! Well, I hope you properly squizze the insurance company.
Yes, some weeks can result as pretty damaging. I am also only testing the strategy, so not playing big bucks yet. Some beer money atm.
About the 700 orders...Entries vary from 20 pippers to 6000 pippers away on the market, so have looots of time to add or delete them, that is why I see importance mainly in drawdown. Limit that and its relatively stress free trading. Plus, as said...multiple entries are really a releif, 200...
The Dodge 3500 is a pretty good size vehicle. The little Cummins diesel will pull a house down LOL.
I use it to tow my 31' Camper and a 3 axle flat bed equipment trailer I have. I also have an ez-dumper dump bed insert for it so I can turn it into a dump truck when I clear brush and tree debris after a storm.
I don't care which way the market is going as long as it's going my way
- #308
- Last Post: Jun 3, 2013 9:27pm Jun 3, 2013 9:27pm
- Joined Sep 2011 | Status: I make Rambo look like a boy scout. | 1,472 Posts
what happened to this thread.....larger than life drawdowns?? Just curious...no offense
I've had plenty to occupy my time over the past year or so. Son in law has conjestive heart failure and needs a heart transplant. Been helping a good friend get his trucking business back on track after he had a bad wreck late last year. Sold my rifle and took up pistol shooting and have been spending a lot of time on the range and reloading ammo. Sold my VW Jetta TDI, bought a BMW Z4 and painted it in wine red candy over a silver base. Still havn't fixed my dually but it's finally in my shop now waiting for paint sometime this month (hopefully LOL)... etc... No shortage of stuff to do here.
Just taking time off from trading and taking care of some stuff around the house and enjoying some of my toys. I'll start trading supply and demand again shortly. I gave up screwing around with indies on that $100 IBFX account I was live testing stuff on.
Trying to catch up on what's happening in the markets this week and should be back trading in about a week.
I don't care which way the market is going as long as it's going my way