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    Stop-loss: Trail or not?

    Stop is based on size of signal bar. Fluctuates trade-to-trade as sig bars vary in size. However, over 1000s of trades, averages are achieved. Target is simply the stop x 1.5. Why 1.5x - I recorded thousands of sig occurrences on different time frames, different instruments, in different market...
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    Stop-loss: Trail or not?

    If I'm running both exit methods concurrently, with half-size allotted to each, I treat them as separate trades. One doesn't have any bearing on the other. Example if I was trading 10 lots 5 contracts - normal entry, normal fixed target/stop. 1.5:1 reward to risk 5 contracts - normal entry...
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    Stop-loss: Trail or not?

    A bit off topic, but my margin is conservatively set at $12500 / contract (for ES). So when a method yields that much $, I add another contract. 12.5k / 1 contract, at 1000 ticks, account =25k, now trade 2 25k / 2 contracts, at 500 ticks, account =37.5k, trade 3 37.5k / 3 contracts, at 333...
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    Stop-loss: Trail or not?

    OP, I have two methods. One has fixed stops and targets and the other utilizes a clearly defined trailing exit. Both do well over the long run, but some periods the fixed stop/target outperforms, and other times the trailing method outperforms. I would be ok running either method alone, and I...
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    Stop-loss: Trail or not?

    1 to 2 is tough because it's the only time you are compelled to double down. 2 to 3, 3 to 4, 4 to 5, get's easier and easier. Churning out 500 ticks with 1 ES, then doubling down and hitting a statistically expected 100+ tick losing streak right off the bat with 2 ES, can be a demoralizing...
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    CME "Trade Against a Pro" Trading Challenge - December 8th Sunday - 13th Friday

    I saw the standings (you posted screenshot in another thread).. It looks like rankings 4, 5, 8, 9, did just that... placed a few trades and got in the top 10. Looking back at my records, that was a good week for me, but wouldn't have cracked the top 10 with a position limit of 10. Think...
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    CME "Trade Against a Pro" Trading Challenge - December 8th Sunday - 13th Friday

    Checked out the challenge sim. Noticed the 10 contract limit per instrument. Any attempts to add more was rejected. Seemed the most size I could build for the 100k account was 10 ES and 3 NQ. Anything beyond that was rejected. It was stated the previous Top-3 hit 99k, 84k, and 81k. So with...
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    Has the strategy stopped working or is it to reaching a new max drawdown

    You didn't indicate whether you're trading intraday or interday. If intraday, note that volatility & RTH ranges in the US indices has collapsed since October 12. Some other recent time periods with conditions similar to the present were April 2019, September 2018, and the latter-half of 2017...
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    Let's see how far I'll be able to go...

    Got ya. I know nothing about the BIST 100. At a glance, looks like the prior 7-8 week movement resembles what occurred in the US indices. To me, your strat results look great. If they are similar going long-only over 7 steady down weeks (or flat weeks).. my hats off to you, sir.
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    Let's see how far I'll be able to go...

    You have a long-only system that has produced a profit for seven consecutive weeks. It's good and exciting to see good results, and I think you could very well be onto something. But the kicker is that indices (and many individual stocks) have risen steadily over the past seven weeks. I'd be...
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    How much did it take to become more or less consistent for you?

    Took several months (part-time) to become a consistent loser. Had to get past a lengthy "beginner's luck" streak. Took a couple more years (part-time then full-time) to become a consistent "breakeven-er". Had to develop a framework for pulling profits out of price action. Took another year...
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    Is the Repo Market issue not getting enough attention?

    Don't know if it's not getting enough attention, or if it's getting too much attention. In my trading, I'm not concerned. But generally, I am curious as to when the repo graph will drop back to zero? And what else (if anything) might coincide. Based on my limited daily news review, I think...
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    How many contracts?

    Intraday with the ES future, for the main strategy in my plan, I'm using 12500 per contract, so would leverage 8 contracts with $100k. The "why?" for me is because my loss size fluctuates from trade to trade, but the average net loser over the last 2000+ trades has been about 12 ticks. At 12500...
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    NQ Slippage

    I've had about 200 trades in NQ in the latter half of 2019. It's not my main instrument, but I trade it concurrently to ES when the ES RTH range is low. I've gotten taken out by volatility spikes many times, but slippage hasn't been a noticeable issue, just a few ticks here and there. Majority...
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    Considering Trading Treasury Bonds Futures

    But... but... he just stated "Proven nobody can beat the qqq." :rolleyes:
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    No day trader on this planet can make yearly profits

    Good point. I enjoy trading and (probably) wouldn't entirely walk away, except for the periods when range completely evaporates. But I think if I began the path in his situation, I might have lacked the drive to navigate the skill/behavior learning curve. Because as much as I enjoy trading...
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    Charles Schwab in talks to buy TD Ameritrade, deal could be announced as early as today

    I have Schwab's Streetsmart, ToS, and Ninja Trader. ToS is my favorite, but I'm not married to any of them. If a day comes that ToS is scrapped or altered in a way that I don't like, I'll switch 100% to NT and look for a back up. I agree with your sentiments, makes little sense to pull the...
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    No day trader on this planet can make yearly profits

    This anti-day trading thread has morphed into a solid tutorial, courtesy of Speedo. I think usually it's the other way around - a decent trading tutorial thread transforming into an anti trading thread.
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    The $4 trillion force propelling US stocks to record highs

    https://www.cnn.com/2019/11/22/investing/stocks-market-fed-overnight-lending-rescue/index.html I liked the last line, "modern central banking is very much an experiment. And experiments often bring about unintended side effects."
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    Righhhhhht ..."trade deal with China is very close" yepppp sure it is.

    April 2019, meet November 2019 ____________________________ Donald Trump claims Chinese trade deal is 'very close' Published Apr. 4, 2019 https://www.usatoday.com/story/news/politics/2019/04/04/donald-trump-claims-chinese-trade-deal-very-close/3366525002/
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