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Paul Tudor Jones system wannabe

  • #21
  • Aug 25, 2015 3:07pm Aug 25, 2015 3:07pm
Quoting matheszabi
{quote} If you have a R 1:1 system, lets say 60 pip TP and 60 pip SL, you play a bit wit that with low leverage After a while you get the win ratio. Let be 80%. Now tell me please mathematically what % of risk should I take per trade, if I plan to do min 1000 trades ( large number ) in order to maximize my capital gain after 1000 trade! - I have solved this elementary mathematical problem for a system with 60 % win rate and the result in fabulous! - also I wrote a piece of software to do it for me for different numbers and I have take a test run...
Public available:
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and his trade report:
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  • #22
  • Aug 25, 2015 3:22pm Aug 25, 2015 3:22pm
Quoting matheszabi
One of Jones' earliest and major successes was predicting Black Monday in 1987, tripling his money during the event due to large short positions." https://en.wikipedia.org/wiki/Black_Monday_(1987) - "only" triple, wich is 3x, not 100x. It means he don't really used high leverage even on "safe" trades.
I believe he tripled his account size, so it was an enormous winner. We still cannot say much about leverage used because we don't know the magnitude of the move.
Quoting matheszabi
{quote} If you have a R 1:1 system, lets say 60 pip TP and 60 pip SL, you play a bit wit that with low leverage After a while you get the win ratio. Let be 80%. Now tell me please mathematically what % of risk should I take per trade, if I plan to do min 1000 trades ( large number ) in order to maximize my capital gain after 1000 trade! - I have solved this elementary mathematical problem for a system with 60 % win rate and the result in fabulous! - also I wrote a piece of software to do it for me for different numbers and I have take a test run...
This sounds like it is going to be heavily curve-fitted. It also goes against all of the principles espoused by PTJ.
  • #23
  • Aug 26, 2015 1:28am Aug 26, 2015 1:28am
The leverage isn't to much on each trade:
Not it has a bit more on opened positions, but you can check the closed trades.
For me is "very low" leverage
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  • #24
  • Last Post: Aug 26, 2015 1:35am Aug 26, 2015 1:35am
Ir is against all PTJ principes
It is addng to losing position to average it and many others
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