I posted it on google docs so that those that Excel wouldn't cooperate with can view
https://docs.google.com/spreadsheet/ccc?key=0AvKqwBU0rsIsdFJZa3lZdkdLYklMcXBFeFg1N1pSeVE&hl=en_US
Well one contract traded hundreds of times. I want more affirmation thru testing... I've been trading options for years, futures are new to me.
And I'm obviously looking for external affirmation :p
Yes. Sometimes I come in early and close it.. or sometimes I pull it back a bit.. my MAE should be about 4 times my potential profit, on a per trade basis. My initial risk is about 2x my take profit number.
its not particularly momentum based. but that is always a factor.
I believe it is. It sometimes takes a minute or two to get a fuill during times of day like right now.
I know my profit margins are razor thin, and if you see those profits are calculated after trade costs.
I've been trading since I was 14, first job was an options market makers assistant at PSE in SF.. i saw some crazy numbers in my teens... I know its possible, sometimes when you do it yourself it feels surreal.
Thank you for your encouragement
i cant.. unfortunately i just tried and the formulas wont work... but there is a utility i have on my 03 computer that does it.. google it.
I have updated todays results.. i had a huge streak tonight
Well... the testing continues for at least 60 days... At that point I'll put the money where my account is...
My Risk ranges between 50-100 a trade, manually entered.. no algorithm, OCO placed with 2-4 tick takes, and 4-8 stops.
its not BS... I'm doing it day in and out for the last 3 weeks, worst day was the 17th (see spreadsheet)... i started logging last week... These are simulated trades
http://www.iitm.com/sm-Expectancy.htm
That is tharps def of it.
I am using it to evaluate my risk, adjust my stops, and understand what I should expect from my system