ES Journal - 2017/2018

Discussion in 'Journals' started by Buy1Sell2, Dec 23, 2016.

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  1. Noone123

    Noone123

    Handle123: Nice martingale system.
     
    #5011     May 16, 2018
  2. Handle123

    Handle123

    Thanks, but I don't use that, but most of my scalping systems I have designed, been targeted to have low probability of losses under 5%, I won't touch any system I make now to show probabilities over 5%. These are always based on the past and I require min of 20,000 sample size as then one can't see it as a fluke, the recent, 6 months ago started, using Quantum physics to cycles has added flair to my knowledge, so in any given day, out of ave 60 trades it produces in day session, losses never exceed three. Not shabby for 61yo, eh?

    Later gang, going to spend day at Starbucks doing back testing.
     
    #5012     May 16, 2018
    beginner66 likes this.
  3. Noone123

    Noone123

    Definitely scalping for a few points. You been averaging down on a few of your trades.
     
    #5013     May 16, 2018
  4. treeman

    treeman

    Who
    is your data provider?
     
    #5014     May 16, 2018
  5. nickynoes

    nickynoes

    Nice bounce there on the 23.6 retrace. I closed some losing short positions today just in case, slightly long.
     
    #5015     May 16, 2018
  6. Noone123

    Noone123

    The problem with scalping system is slippage of backtesting vs. live trading. I have a higher frequency intraday system with 2x the return during backtesting but i will not it.
     
    #5016     May 16, 2018
  7. wave

    wave

    Has to breakdown here or no go on the short to 2685
     
    #5017     May 16, 2018
  8. Noone123

    Noone123

    There's a 25% probability it will even touch 2700 today.
     
    #5018     May 16, 2018
  9. nickynoes

    nickynoes

    Actually reversed to short on a signal I got on the 1m chart, slightly short now instead.
     
    #5019     May 16, 2018
  10. nickynoes

    nickynoes

    Having 99% winrate doesnt mean much if your 1% of losers have a relatively high probability of wiping your account.
     
    #5020     May 16, 2018
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