My Signal #1 was triggered to go short at 1178.25 at the open Target was reached at 10:02 bar for a profit of 2.75. As usual I deduct 0.25 for partial fill situations. As stated before My criteria is hitting the target and I deduct 0.25 from all trades (win or loss). Total # of trades = 6 # of wins = 5 Total profit = 11.5 + 2.75 - 0.25 = 14 Total Loss = 5.5 Win rate = 83% PF = 2.55
Trades for Monday 10/25/2010 Please do not trade this signals. Just use it for studying the market if they are useful for that purpose.
The target DID not get filled. I posted as it tagged it, but DID not fill. You will not get a buy to cover on the bid knucklhead. You know it. This trade is STILL OPEN. I was hoping you would treat this as a real trade and we could move on, but you are proven to be a FRAUD. Keep posting. I will.
You are a FRAUD. This was proven in REAL TIME today. 3 little posts today that showed the target did not get filled and you show up after you Burger King shift and claim a successful trade. You are a FRAUD.
Unfortunately, in the real world, it does not matter a rat's arse whether you 'deduct' a tick for hitting the target.... REALITY....the order was NOT filled...therefore it can only be reasonable to assume you do not trade a real time cash trading account for the signals you provide... In the real world of trading , where people place their money on the line every day, your notions of trading are simply fantasy...period. NiN
This is how I stated I evaluate the signals when I started this thread. You can never exactly evaluate a fill. Even two different people who play the same signal may have different fill result. So we have to come up a way to evaluate the performance. I have been using this method of evaluations for years and I have found it the closest to the real world in long run. I suggested the this method in the above post and asked for other suggestions. Nobody came forward for any disagreement or other suggestions. Still if you have any suggestions then use your own method and evaluate them for yourself if you are interested.
----------------------- This is little confusing to me will you please explain? for signal #1 if ES opens in this zone what zone will that be? for signal #1 you have two numbers 1181.25 on the upper left corner and 1175.50 on the bottom left corner. and finely the pivot levels are refrensed for what? other than what they are pivots.
Thanks for the question. The upper and lower numbers (in this case 1181.25 and 1175.50) define the zone. In other words, the zone is defines as anything lower than 1181.25 and greater than 1175.50). The numbers on the right are the pivot levels as you suggested. The reason I display them next to signals is, in some signals I do not have an exact entry point. In the case of this signal # 1, the entry point is where the market opens on Monday (9:30 Eastern time). The suggested stop is 5, but if you adjust the stop according to pivots, you probably will get a better performance. If you have any questions how to use the pivots, I will be glad to write a summary for you. If you have any suggestion as to how to display this information so it is less confusing, please let me know. Thanks