Search results

I understand what you said about the drawdown not being more than 20%, because if you lose 20% to make it back you need to gain 25% or so, and that's going to be harder if that 20% was a part of the margin required to trade the system itself. Regarding all this, and my possible and usual...

Well, as I said I am not very knowledgeable on this subject. I am aware that I don't sound like a good system trader, and least of all like a good programmer. Most of you here are rocket scientists to me. Having said this, it is not all entirely as reckless as it may seem to you. The CL...

How did you guess? "Higher win ratio" you say that I said. I am not sure I was clear. All I meant to say is that my winners yield on average more than my losers (in absolute values obviously, because of course the winners win money and the losers lose money). I don't know how you gathered from...

Not that anyone might care anymore about this, since I admitted how bad I am. But just for future reference I want to state as follows. I made a bit of money, and went from 4000 to 5000 so I am quite in a good mood. Also, I feel that the money I made is somehow a consequence of all this...

My excel file breathes very heavy by the way, having all these macros (28 systems running on one file). Does anyone know a way to make it run more lightly, other than programming it in a different language? Wow, I've got to tell you - I just found this great link...

I understand and thanks for the advice. I have been going through the same things lately - getting to know my systems. Until now, it was like magic (a magic that I had created), and I didn't even realize which one worked best. Now, after a year of automated trading (with some...

Wow, this last one was like a very long paper for me, so thank you. I will have to digest it a little bit at a time. Also thanks for the books in the earlier post. That will take even longer to process. Knowing myself I doubt that I will read them though - I wanted a quick and simple answer...

So far so good. Thank you all for the help with the simple reasoning. It is hard to find people here who will abstain from making reference to formulas and mathematical concepts, which immediately make me clueless.

I was trying to upload a new attachment and I deleted the old one, but now it won't let me upload it in the previous post, so here it is again.

As I explained in other threads, I am not a computer science nor a math major, so I don't have enough of a background to make use of complicated money management formulas. I can only understand things like "invest x% on this system and y% on this other system", but I cannot grasp sharpe ratios...

lpchad, you are right. What I do think is that the majority of traders lose, that is widely known, and since the majority of traders are also discretionary traders, we can assume that the majority of discretionary traders lose. ---------- TraderZones, paper trading? As I said, my systems...

Yeah, I realize I can't expect to create a system that has no drawdown, so I do need money management. Maybe I lack the skills and the energy, so I looked for shortcuts. It makes sense. Non-system traders as I know them, lose pretty quickly all their money. The others, with systems, but not...

got it

Ok, here's what I did. I changed my mind about the loan. Maybe it's not necessary. Plus if I lose everything, I'd be screwed for the next few years. So I just moved a few thousand from my account into my trading account. Now however I will only be able to trade two or three systems at a time...

Well, NeoRio1, if that happens, I will be very happy, and repay my debt. I don't know if things can go badly again for me - I don't think I can have such bad luck, as to rise three times (it already happened twice) from a few thousand to about 25 and then fall back to zero. I don't know...

After a trading experience of 10 years, losing money every month of the year, I am starting to wonder whether I should just trade the opposite of what looks best to me at any time. In fact, that is more or less what the system does, and if I am there, sitting in front of it, often I feel like...

I also wish to add this for the record. I can't do discretionary trading for these three reasons among others. I am not not patient enough to stick to any rules, which means that even if I write anything down, like "wait until 3 pm to do something", then I anticipate the timing. The...

Yes, both of you are totally right. I agree with everything you said, and it is not the first time I thought of it, and not the first time people tell me such things. I already realized I had to fully automate my trading and already did so, but - having automated everything - I still don't...

Thanks to everyone for the info and advice and here are some specific answers: ------------ bespoke: Systems have been tested for 10 years I have a very low capital (always had, even when I started), and over 20 so so systems (only 60% wins) Thanks, good luck to you, too. Yes, I meant...

Thanks all, for the information and the advice.