I had an automated system that was about 90% win-rate with the risk 3 times as much as the reward. I dropped it because I didn't feel comfortable with the fact that I needed to win three times to make up for one loss.
Now I've settled on 50% win-rate with the reward being at least 2.5 greater...
Ray,
When using Kinetick to backtest, will NinjaTrader form price bar from individual ticks, so I get each price fluctuation as if I were running live in the market?
Thanks
Hyperion - Dan Simmons, is probably my favourite hard science fiction book.
I'm also addicted to the Honor Harrington series by David Webber, awesome space combat.
I can't believe you entered a position without knowing how to close it.
That's why there is paper trading available on TOS, so you can practice working with the software.