Predicting Closing Prices

Discussion in 'Trading' started by GeetPram, Jul 15, 2019.

  1. GeetPram

    GeetPram

    So this is where my partner and I have a difference of opinion. I feel like we should just trade the thing ourselves since it appears to work well. He wants to try to sell it.
     
    #11     Jul 21, 2019
  2. GeetPram

    GeetPram

    1.) My average winner is 1.3x my average loser.

    2.) 30 minutes

    3.) I just place a stop at a level where I think the trade idea would be invalidated

    4.) I don't have a biggest loss that deviates far from the average loss. There have been no large losses and that is simply due to ALWAYS using a hard stop
     
    #12     Jul 21, 2019
  3. Overnight

    Overnight

    Do whatever works well for you. Don't try to reinvent your wheel.
     
    #13     Jul 21, 2019
  4. Instead of selling me an app for say $10k that will make me a million dollars, I would rather you simply give me the million, less the $10k. What the hell. Keep an extra $10k for beer money. After all, if it would make me a million, it would make you a million, too. Over and over. Cest pas?
     
    #14     Jul 21, 2019
    BlueWaterSailor likes this.
  5. lindq

    lindq

    If you can produce a 3-year verifiable record with 60% and a 1.3 win/loss ratio...NET of spreads, commissions and fees...and if your system is scalable...then you might have a bit of interest from investors.

    But, if after 3 years, you've produced those numbers, then you'd be foolish to give it up.
     
    #15     Jul 22, 2019
  6. interesting indeed...

     
    #16     Aug 17, 2019
  7. qlai

    qlai

    I would be curious to know the percentage your system is giving you a bullish signal in this bull market :)
     
    #17     Aug 17, 2019