The Really Useless Thread
Yep...hand on heart.
Absolutely love it. Love the least amount of exposure time involved. And yes...if you don't know what you're doing...at least you will not suffer long; death will be swift!
Are your computers smoking yet?
Fans whistling.. no smoke...yet
Have you done a data size comparison between 1/10 pip and raw ticks? Just curious how that comes out.
Regards market exposure time. It was actually the 2008 meltdown that drove me down to the 30s, M2, M10 combo. For a couple years before that, M1, M5, M15 was home. Basically 2009 to the end of 2010 was spent on the quicks. Did love it, but very tough to sustain. I still do it occasionally, but not for 8-10 hours a day anymore. Not a hope in hell!
1/10 pip count for last week 193.1k
Tick count 218.9k
But 1/10 pip is already going to be pretty busy!
OK...in and around the ratio I was thinking. Was thinking 80-85%...not too far off.
Hmmmmm...I suppose you HAVE to try ticks...at least once!
Fast charts were 4 to 6 tick... what I called slow was 25 tick.
Lots of trades every day.
No shit!
What about fees? Did you have to seriously take them into account, or was it just the cost of business?
Some people really give out about them. They don't bother me...just the cost of it all. I don't want to be gouged...but I'm fine with what any brokers I have charge. Not really what I mean above, though.
Its more to try and brake it..if I can.. so I know limits. If I don't hit a wall.. I will another pair and other until things lock up or the broker is out of sync.
You mean trading stks?
Whatever you were trading!
Were you just looking for a couple points/trade...or were you trying to find runners, too? If a couple points, did commissions eat very much of your take?
I'm struggling to put this into words!
I guess this i'll be bastard #2
In the case of stocks, the charts were modeled with commission and slippage. The logic would allow to some degree for a longer than typical run, but would likely reverse and reverse again. Those charts traded 100% of market time and were either long or short, never out. Those cost values were updated to each stock daily. Then equity profile was reviewed. If the equity profile was similar or the same when compared to the same stock without costs it was released, if not it went back for review. Of course the profit...
Enjoy... I am going to go smell the mountain rain and take a nap.
Testing the waters...
Attachment
Small small...enough for a partial or two, though...if its feeling generous.
Going to go for a nice (cold) walk down by the lake with the doggy. There's an outdoor ice hockey rink...want to see if they put the ice in yet.
Need to wake up here...perfect way to do it.
I agree thats a perfect way to get yourself relaxed, focused and ready for battle
morningish....
