Search results

Many claim that money management can multiply the return in a positive expectation game. It can't help a negative expectation game. Any thoughts for an even game? ie in a coin flipping is there any impact in the long run? It should not have any impact in my understanding. Any...

I have been receiving emails and mini advertising courses promoting the book "The Way To Trade" by John Piper. Is anybody familiar with the book or the author? Would it be any help to a beginner-intermidiate trader? Hamb

"Another has to do with the swing point. Did it hit R of some sort, either a pivot level or the PDH or the day's average range (if you're trading eminis) or whatever? If so, you're more likely looking at a reversal setup than a pullback" I has to be something obvious but it doesnt come to my...

Hi Michael, I am looking for the average MAX drawdown. It would be ideal also if I can have all the MAX drawdowns. Thanks Hamb

I soon as I thought I am done........ I can calculate Max drawdown now. For my statistic records though I have to calculate Average Drawdown. For drawdown I use the formulas: Max Drawdown = =IF(K2=MAX($K$1:K2),0,MAX($K$1:K2)-K2) Max Drawdown %...

Hi wolfen, I traded off and on for a couple of years in the 90s and I did really well in 2000. I went on with my professional carrier after that. I came back 2 months ago since I got laid off. When I first started. in the 90s, I did really well. I think, I believe,it was because I was...

Thank u all. It works!!!!!! Hamb

I think I know some basic Excel but this one doesn't look that basic to me. Can anyone describe the code to calculate the biggest drawdown? I have all my trades in Excel with one column having the net profit-loss of each trade. Another column has the present value of my account. Thanks...

"It looks like", "Plan", mmmmm!!! If I have a plan when do I know that it gives me an edge? When do I know that the results are due to the plan and not a product of chance? Consistency? The market changes face constantly the plan has to be adaptive. When do I change the plan? When do...

It looks that when I trade not to lose I make some money. I know that many of you disagree with this approach but this is my experience so far. Hamp

I have been trading 2 months full time now. I already had some experience from my part time trading in the 90's. Well it looks if I try to win being aggressive I LOSE. If I try not to lose being defensive I don't LOSE. Trading two months now and all profits went to cover expenses. Any...

Limitdown, XoomTrade

I cant answer your question, I am a small size trader and I trade for $0.005/s though. Good executions most of the time too Hamb

And yes realise that the odds are against you. So when in the red or even be small. Hamb

I am in a similar situation. I have some experiece , I traded part time in the late 90s. It is very difficult emotionnaly though. I have to protect my funds that is my number one priority. That is what makes it hard for me. So far after 6 weeks and 250 trades I am virtually net...

I always had that problem with them. I don't get it why you pay them $10.99. Regards Hamb

Here is the statistical study I have. I was ready to paper trade but I went wit small size instead Have in mind that I trade 100 SPY and I will increase 100 shares for every $500 profit. I have the funds in my account to go as high as 2000 SPY Looks like it will take for ever though...

The idea was to trade 100 SPY instead of paper trading. I will move on to bigger size. However comm will be proportionally the same 75% if I keep doing the same trading. I don't think I can find better com 0.005/share Regards Hamb

I am a discretionary trader and my goal is to trade the ES in the near future. For now I am trading SPY to get the feeling. Even though I traded part time in the 90’s, I still have a lot to learn. Well I trade 100 shares of SPY for 5 weeks. I can go as high as 2000 shares but I would...

The idea is to get defensive when thinks go wrong and offensive (betting more), when equity increases. That protects your account and your sanity in bad times and gives you the opportunity to to accelerate your profits in good times. Now I have to formulate a plan and follow it. I am...