LMAO!!!! Projecting your inadequacies on me won't make you profitable... nor will grasping at straws which: 1) you're doing in this post because you know nothing about me and 2) you're doing in this thread because you know nothing about trading. Good luck, loser
Many thanks, seems like you have found a method of spinning straw into gold and no wonder you do not want to release details. I am somewhat surprised you are not running the Euro and Asian markets at night since you are automated. What about forex, are you cleaning up there as well. sosueme
Can you generate an equity curve with these conditions?: If Flat: Only enter the first trade on whatever instrument that triggers in a portfolio of very liquid instruments, no more. You can enter a second trade on whatever instrument triggers, after the first trade is liquidated. Set the risk at the same amount. How many trades do you come up with in 12 years with the above conditions?. i.e.: No simultaneous diversification of risk.
WOW!!! This is hilarious coming from you, Jack, given how many times you've TRAPPED YOURSELF with delusional claims of grandeur (like routinely making 3X daily range in ES)!!!!
Thanks for the arc sin law thingee. It sounds awfully familiar to "cut your losses short, and let your profits run". I.e.: It's all about exits.
Exactly! Itâs just a mathematical formalization of an old traders' wisdom. Nassim Taleb runs this algorithm too.
Thanks but it is never easy. I have drawdowns just like every one else and one always wonders when the edge will disappear. There is no such thing as easy money in this business. No model is perfect and I've had some awful down days (9/29/2008 was my worst in recent memory...). When things go wrong, they go wrong quick and its painful... I want to move into foreign markets, but, that presents a challenge I don't have time for yet. I do trade currency futures, never forex.
Hmmm, so take one trade, exit it and only then take another? Serial only, no-parallel is what you're saying? Interesting. I'll give that a try.
Yes. Serial, at the highest frequency possible, without diversification. Taking about same risk per trade. See how many trades per year, and draw equity curve for 12 years, then we try to apply Money Management. Pick the most liquid instruments only.
Very interesting. So does that mean a stop loss is fixed and purely a function of money management? And if it doesn't get hit you have some sort of signal for a reversal which gets you out with a profit?