Futures Bsd

Discussion in 'Journals' started by coolweb, Aug 24, 2006.

  1. volente_00

    volente_00

    If i recall isn't your strategy based on like a 20% win rate ?
     
    #21     Aug 31, 2006
  2. Nope, I wouldn't trade a method with a 20% win ratio.

    All the strategies I research have at least a
    75%+ on backtested

    after human errors, that becomes a 50% or so
    after commissions and dumbness, that probably becomes a 30% :D

    but risk reward is usually at least 1:10 - 1:20

    So it works ok.
     
    #22     Aug 31, 2006
  3. volente_00

    volente_00

    How do you deal with the emotional aspect of losing 70% of the time even though it is net profitable ?
     
    #23     Aug 31, 2006
  4. Simple

    For a 10 lot size

    When I win , its like $2k-3k
    when I lose its like $200 or breakeven

    so pretty much I'm waiting for the next windfall while treading water.
     
    #24     Aug 31, 2006
  5. one idea:


    There are no guarantees in direction/points in directional trading.


    Sometimes you breakeven,
    Sometmes you are damn lucky espically when you are in the money!!!

    But EVERYTIME the trader should keep his losts small.
     
    #25     Aug 31, 2006
  6. Good trading is so boring.

    Good thing I got the TV and the discovery channel!
     
    #26     Sep 5, 2006
  7. 4 days this week

    I had 0 trades. I've been boucning around near the workstation for over 48 hours this week.


    My system is now perfect.
     
    #27     Sep 8, 2006