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Look at some of this stuff here Chris. Just scrolled through the charts today and on these 1 second bars, you see two huge bars, each 3 points at least, so 12 ticks. It took roughly 4000 contracts to push it down in 1 second, hence clearing out all the bids. Maybe on a micro time frame, there...

No need to apologize. You weren't in anyway rude, you just stated your understanding which makes total sense. I've been at this futures trading business for so long that I've learned a million different things and nuances, down to studying micro structure, but I just haven't found a profitable...

Yes, for futures, you don't multiply by 100, and I think my chart shows this is the case since the volume on those 1 second bars is a couple of hundred contracts traded, and yet, price moves a few ticks. You're welcome to bring me on board as a consultant! :) I'm really good at finding...

This part surprised me a little. I took a couple of screen shots today and I honestly don't see more than about 150 contracts at any one price level. This is a 1 second chart, and we can see that even in that one second, where volume is no more than 200 contracts, some of these bars are still...

Yup, I see similar results. What gets me is that when we are all evaluating our trading, if I have a not great day, I get all depressed, but it can all be within the stats of a profitable system. What's also sad is that whether you make it or not is also a huge statistical anomaly. Both guys...

Absolutely. And even me saying what I said would give you a good idea for why or where I'm struggling. The thought that this drawdown should be avoided means that I am looking for the "perfect" entry, and this is of course difficult, and maybe an unrealistic endeavor. If instead a trader...

It's hard to fault the strategy given the stellar results, but man, the DD on this trade was pretty severe. The win is smaller than the DD, and as I mentioned above in a different reply, I have seen this in many for your trades. Most people would say this is a mortal sin, but you're obviously...

I'm actually just using the data that Chris has provided. In that conservative model, there were only 2 losses for -875 and -583. Now granted, the wins are about half that or less, but with such a high win rate, its really no problem. In fact, if I run a Monte Carlo simulation on this, using...

Honestly, I don't think I could hit this. I have a skill for waiting until the move is practically done and then jumping on board. I could literally lose 50 points several times in a row since I'm really good at timing when my peak FOMO hits, and then I think I have to jump in since I can't...

Thanks for the explanation. I'm happy to see it isn't a totally different algo, but just a combination of multiple contracts and various exit strategies. I think where most traders fail is that they find something that works, but then try and make it better, or do different things with it in...

Out of curiosity Chris, I'm curious to ask why the PnL of these trades is considerably less than the $19k day you posted a week ago. I'm guessing the answer is likely that its a different algo since you mention these results are from the "entry level" portfolio, so then I would like to follow...

I at least appreciate their consistency. I have read too many reports of accounts being frozen while a dispute is on-going. I think even linked bank accounts might have also been frozen as a result if I remember correctly. So if their stablecoin had no way to be frozen, it would be very much...

Thank-you for this. I plan to plot some of these trades over the weekend to get a sense of how you guys are entering to see if what I'm doing matches up in any way. Although I'm sure that even if someone is doing the total opposite, there is a way to make that work as well given the right...

No dreams on my part... Just looking for hard facts. I can see how anything he says can easily be a diversion. Heck, many of the hired employees could have also been a smoke screen. Can't read most of the links but I get the gist.

Absolutely... So if the loss is bigger than the average win, but using a smaller stop would negatively impact the PnL, does this mean many trades end up going into drawdown first before turning around? And if this is the case, how is it that the algo only puts on roughly 1 trade per day if...

I'm guessing they were looking for a strategy that wasn't liquidity constrained, so they had to do things a bit differently than just looking to pick up a few contracts.

I did just notice that you essentially only have 1 trade per day, so I guess it needs time to scale.

Out of curiosity, did you read that book from Jim Simmons? They had hundreds of high level math guys and apparently had just a little higher than 50% win rate. Perhaps they didn't have the computer power available now to analyze as much as you can.... But any idea why their win rate wasn't as...

Thank-you for the thorough reply. It sounds like you throw everything at the wall and see what sticks?? With vast computer power, it certainly makes sense to do it this way. I love the filter of minimum percent of conditions that must be met. I have seen that if looking at just one variable...

Wow... I'm shocked and happy to read you are using TA. There isn't much support on this board for TA trading. I'm not very smart with how algos work, so this may be a dumb question, but how does an algo analyze TA? Visually, we of course look for the standard things like higher lows or...