Trial period: 8 weeks Profit: +$10,012.5 before commissions (+200.25 pts) Total trades: 111 (46 wins, 60 losses, 5 b/evens) ROI: 9.21% Maximum drawdown: around -1.43% of equity. I will carry on with this test in my private journal. Thank you to all for your participation.
Thanks Romik. That's a great risk return ratio. It's been very enlightening. Maybe I should get away from 610 Tick charts .
I guess we all have someone we look up to, some sort of mentor. In my case it's Buy1Sell2. I am very grateful for his insightful postings and hope that this experiment will help some others, like Izzy's posts helped me in a way to 'stand back' and observe what's evolving from a distance.
Hi Romik, Sorry to see that you are not going to carry on with the public journal - I only joined ET a few days ago so I could post to this thread Maybe you could update the thread at the end of each month with an xW, yL, zB/E and aa Points update, coupled with any changes in the strategy rules? Also how did you calaculate the ROI and % equity drawdown 5 posts back? Thanks
Steve, Equity is value of 1 mini contract (2,100 x $50=$105,000) Maximum Dd was -30pts=$1,500=1.43% of equity. ROI: 200.25pts x $50 x 100 / $105,000