If you want to remain emotionless during trading, concentrate on the process and let the outcome happen.
If you use a method with a profit factor of 1.5, risk 1% per-trade, and do 20 trades per-month, the average uncompounded return is 10% per-month.
To be profitable at 95% probability for any given day using a method with a profit factor of 1.5 you'd need to do 90 trades per-day.
In real trading I could just leave the system as is and use the first entry as a signal that the second is coming up. It'd be easy to frontrun the...
With the knowledge that the second entry is better than the initial entry I could just enter one contract initially and then the other 11 with the...
To show that the second entry is better than the first I'll add the same number of contracts as I did in the initial entry. This shows the...
Here I'm adding a small amount of 2 contracts to the position when it's winning by a certain amount. You can see it improves the profit factor a...
Before I get going I wanted to address a pm I got on why not just add to a position when it's underwater if the overall method is profitable. The...
My post on adding to a winner is only valid if you adjust your stop as the trade goes in your favor. But what if the system you develop uses a...
The basic rule for adding to a position is to only add when the addition doesn't increase your initial risk. Example Say you use a trailing...
It was very easy to setup a six screen environment. Use a headset with 80" virtual screen and 1280x1024 resolution. Put all windows on the one...
The hottest new category of trading algo's is using immunologic response. It allows the models to become self-adapting and completely autonomous...
If you want to be considered seriously then your entire resume should demonstrate how you've excelled in competitive situations. If you haven't,...
SosTrader, you're probably not going to want to hear this, but for the benefit of others I'll tell you....trading cannot be taught...it has to be...
True A random entry with good exit strategy will be profitable.
If they have openings and interest, you should hear back within 2 weeks. What do you trade? I'm starting a trading team if you're...
More like a poker player checking the opponents hands by betting at the pot. The player gets the info. Other players that can observe also get the...
"Tell" trade was at 12:20 - 12:25. This was a residual of that to position for the afternoon. Very common during noon-2:30 pm.
I've had experience with this problem. In short, I found if I had a goal that my self-concious believed was not doable, then I'd self-sabotage my...
Next, you'd check the time both sides of the high/low are made. As you can see, if you've caught the day high/low early, it's to your benefit to...
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