Search results

Are you saying successful automated trading is a myth and impossible?

Are there any successful system traders out there? I would like to hear from automated traders who have been running profitable systems for more than a couple of years. Maybe they can advise on some of the pitfalls they encountered? I look at my strategies and constantly think either...

Will make it harder to backtest around this issue. Will have to go back and get dates of when main news was released and then prevent entry and change buy/sell stops to limit orders after news has been released. :mad: :confused:

CLG4 - order was for 93.30 short stop but got filled 93.15. I have noticed slippage 1 tick or stop orders but sometimes i get positive fills as well.

Thanks guys. My mistake - i might have to turn bots off around data events.

It was automated trade and i just got confirmation. Looking at it now it was indeed short initiated at 930 central time.

I am new to trading CL and just experience 15 tick slippage on sell stop order which was sent to exchange about 1 hour before being filled. Is this normal?? Seems crazy.

Can someone advise on the following system i have created for Russel (TF) on 1min chart data and RTH only. Limited to one trade per day. Averages 20 trades or more per month. I don't know whether to take this strategy live because with Russel on ICE exchange i only have data from 2009...

Blowinsky did in his example. I said i am using 1min data and therefore in a single day there 390 bars (1min bar in a single day). 390 (1min bars) * 250 trading days per year = 95500 bars of 1min bars in a single year

Thanks. If i understand this correctly then let me apply this to one of my strategies: It is on 1min chart. Based on backtest results the avg bars in trade is 105. So 95,500 bars annually and 105 bar avg trade then i need to trade in atleast 1%-2% of data so 975-1950 bars, at 105 this is...

Okay so why don't you give us an example of your unlimited knowledge and experience. I am trading the ES on a 1min time-frame - average trade hold time 15 minutes. It is a mean reversion strategy with 50 % win rate. Now assume it has fixed stops and target 5 points each. Lets say profit...

You sound like a 90s Kung Fu movie charater - "wax on, wax off". Yeah we can sit around sprouting allegories all day long. Are you actually going to tell us how many trades to validate a strategy??

More mysticism........ Go back to making journals about trend-lines and then never posting a live call. I swear some of the people on this site have delusions of grandeur.

I agree, half these guys come here talk a good game and give their wise analogies and almost mystical advice without actually offering anything at all. At-least i have been honest with my approach and trading and posted my back-test results as well as other things in the hope of learning. Yet...

If you believe in random walk then why not explain to us what kind of strategies you use?

Pure nonsense again. So how do you predict start of a trend? How do you enter an intraday position where chance of trend is higher than usual. I guess you don't test your entry against random entries and hence deduce whether ur entry has an edge on itself. There are entries which put...

3500 trades a year on ES?? HFT??

I think this is nonsense. Unless you are doing some form of HFT or arbitrage there is no way there are that many opportunities for a good trade in a given day. If i am trading ES for example, at most in a day there is probably 3 good trades if you are lucky (on a low volatility period...

The first model is pointless example - it trades 20-30 times a year. Therefore, in 10 years it probably traded 250 times - how someone can even develop a model like that and say it has any positive expectation is beyond me. Also, the idea behind the model of simple moving average crossover...

Lol the strategy to the human mind is quite simple but to code it was a pain in the ass - it ended up being very complex and difficult but it taught me pretty much that any discretionary type trading can be coded as long as enough time and effort is taken (as well as skill). I have been...