Thanx for the input, easy. What I am using is not really an indicator. I really don't want to go into the specifics, at least not for now, even though the work is published. While it hurts to have a three day draw down, my confidence is still not shaken (OK, so just a little, maybe).
Nothing like this, that's for sure. Maybe it's the unusually narrow ranges of late. I just don't know. But I will be doing some fine tuning over the weekend to see if an improvement can be made.
Narrow ranges would create a problem for a variety of strategies, including what I was using. I assume you're looking at both lengths of unbroken strings of trades (how many losing trades can you expect in a row) and the losses per trade. If the number of losing trades is greater than expected, go back to paper trading until you figure out what's wrong.
I do not "believe" in paper trading - it's too easy to do things you would not do in "real life". I am more inclined to double up during a drawdown (only kidding - I think)
Depends on how you do it. I PT exactly the way I trade for real, but apparently a lot of people have trouble with that. Maybe a simulator?
After a good morning - up 6 1/4 points - a miserable up and down whipsaw afternoon chipped away at my gains and left me down 3/4 of a point on the day - the problem is that it took 21 round turns to do it. The afternoon saw a serious lack of discipline, and failure to follow the rules...but I only lost 3/4's of a point today (I'm just a wild optimist trying to put a good spin on things)
A good start - up 4 3/4 points - turned into an orgy of over trading and foolishness. Lost a total of 29 1/2 ES points by increasing my size, and just being a stupid ass. (44 round turns) I have a very bad feeling deep within my pathetic gut.
Youre a mess Tampa. I think youre bent on self destruction. Youve been at it long enough to know that theres only one way to succeed at this and that is iron-willed discipline. This is not a variable. It is absolute. It is law. You need to find a less expensive hobby.
Brother tampa, Is this a live account or are you experimenting with strategies on paper? They are two different ball games... Candle