20% per month trading half of the time with a 75% winrate and under 1% drawdown

Discussion in 'Trading' started by ElectricSavant, Aug 11, 2019.

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  1. MFE = Maximum Favorable Excursion
    MAE= Maximim Adverse Excursion
     
    Last edited: Aug 14, 2019
    #61     Aug 14, 2019
  2. no trade today
     
    #62     Aug 14, 2019
  3. Because of this thread I have made some adjustments to this system (I want to pursue this). If anybody knows where I can get the Psychological Line, Qstick and Time series forecast indicator all in one package that offers live futures data...please advise.
    ES

     
    Last edited: Aug 14, 2019
    #63     Aug 14, 2019
  4. upload_2019-8-14_7-1-5.png

    With Adjustments (no trade yesterday)
     
    #64     Aug 14, 2019
  5. I need to wait until 9:40AM est (8:40AM cst) each morning to see the open as the data is 10 minutes delayed on Yahoo.

    I am not trading precision but the big picture, However, I need to wait until 10 minutes after the US market opens to make the directional bias call for the session.

    Es
     
    Last edited: Aug 14, 2019
    #65     Aug 14, 2019
  6. This sounds at least as good as Gann Fans and Price Drivers! :D
     
    #66     Aug 14, 2019
  7. tiddlywinks

    tiddlywinks

    Doh! :banghead: Don't include losing days!!
    The most complex problems always seem to have the simplest solutions!
     
    #67     Aug 14, 2019
    Bum and Handle123 like this.
  8. Geeze dude...lighten up. This is a work in progress. This is not a journal. You havin' a bad day today?

     
    #68     Aug 14, 2019
  9. Handle123

    Handle123

    Yep, no Mulligans in trading.
     
    #69     Aug 14, 2019
    SteveH likes this.
  10. tiddlywinks

    tiddlywinks

    Barring the omnipresent blackswan that can occur with modern equipment, software, and account keepers, bad days for me happen when volume and (therefore) range are minuscule, -OR- my day is filled with distractions causing me execution mishaps and failures. Today, none of those things are present.

    Just trying to help an old-time ET'er who seems a bit lost and confused. A $6500 value account, day trading (no overnight holds) 1 micro-index contract, having a 7.5% max (daily)loss (that's almost 1000 tics on all the micro-contracts, except MES), and expecting only 20% monthly.
     
    #70     Aug 14, 2019
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