Search results

My setup. I may get 4th screen but then would need a 2 up 2 down setup as 4 horizontal would be too wide.. For anyone interested, charts are MT4 on the left screen, middle is Tradingview, as is right hand side and the laptop (which I also use for e-mail etc.) Taken on the 14th Nov, after...

It's much easier to just use 24 hr clock across the board. Even your charts use the 24 hr clock.

Trading Summary Week 47 2023 6 Trades: 6 US 500 + 5 BPS. 6 long trades + 5 BPS. No short trades. 6 intraday trades + 5 BPS. No multi-day trades. Total trades net + 5 BPS. Net points + 2.44. Return on account for the week: + 2.08 % net. P:L ratio:N/A. Days traded: 3. Longest trade duration...

Well done, you are being rewarded for all your hard work.

Thanks Ironchef. It's a long, hard road. I've made many, many mistakes on the way. I'm a slow learner... But I'm still here..

Have you recovered from your recent drawdown ?

I am concentrating on my intraday trades these days, that's where I can make the most points. Here is my SPX trading since July 2021: I'll update this chart and post it here.

Trading Summary Week 46 2023 5 Trades: 5 US 500 + 18 BPS. 4 long trades + 10 BPS. 1 short trade + 8 BPS. 5 intraday trades + 18 BPS. No multi-day trades. Total trades net + 18 BPS. Net points + 7.87. Return on account for the week: + 3.97 % net. P:L ratio:N/A. Days traded: 5. Longest trade...

Trading Summary Week 45 2023 8 Trades: 8 US 500 -92 BPS. 7 long trades + 2965 BPS. 1 short trade - 388 BPS. 6 intraday trades + 5 BPS. 2 multi-day trades - 97 BPS. Total trades net - 92 BPS. Net points - 37.41. Return on account for the week: - 6.41 % net. P:L ratio: 0.7:1. Days traded: 3...

I note that Pax uses a 30 second OR. Does your algo do the same by any chance ?

True, in theory you can make a LOT more. But that's not at all easy. A trader making say 60 SPX points per month CONSISTENTLY is doing pretty well IMHO.

Why exactly is it not scalable ? Can you tell us how many NDX points the algo has made in profits since Feb, and the average points profit per month ?

"you can easily get 40 one-point scalps in ES throughout the day." 40 points per day on the ES is very ambitious IMHO. A 60 point monthly profit is more realistic, and very much do-able. 720 points p/a. With leverage, that is a very respectable return on investment. EDIT - Just checked, the...

Trading Summary Week 44 2023 7 Trades: 7 US 500 + 6 BPS. 7 long trades + 6 BPS. No short trades. 7 intraday trades + 6 BPS. No multi-day trades. Total trades net + 6 BPS. Net points + 2.60. Return on account for the week: + 1.51 % net. P:L ratio: N/A. Days traded: 3. Longest trade...

$ 200k seems absurdly cheap IMHO.

Are you still planning to sell the algo ?

Trading Summary Week 43 2023 37 Trades: 37 US 500 + 539 BPS. 18 long trades - 495 BPS. 18 short trades + 1,034 BPS. 27 intraday trades + 240 BPS. 10 multi-day trades + 299 BPS. Total trades net + 539 BPS. Net points + 228. Return on account for the week: + 14.4 % net. P:L ratio: 1.7:1...

Is that intraday draw down, ie, from days's PNL high to current PNL ?

The last chart 'Cumulative Profit' suggests a pretty significant drawdown, I take it that was just intraday drawdown ? How large was it ?

Trading Summary Week 42 2023 13 Trades: 13 US 500 + 19 BPS. 13 long trades + 19 BPS. No short trades. 13 intraday trades + 19 BPS. No multi-day trades. Total trades net + 19 BPS. Net points + 8.20. Return on account for the week: + 3.97 % net. P:L ratio: N/A. Days traded: 5. Longest trade...