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Interesting charts, your tick chart and minute chart have almost same trading frequency, roughly 6 trades per trading day . If monthly profit is 650 points, divided by 130 trades per month, the average profit trade is 5 points. Have you include commision and slippage into the calculation and...

Have you been trading it with real money ? If yes, then stick with it. If no, then you need to modify the system,unless you are OK with a DD of 600 points in trading this symbol

This method is null. As wins and losses are randomly distributed. If you cannot improve your system, improve your status of trader's mind, Reading "trading in the zone" by Mark Douglas several times may be of help.

some people gave me the same answer. I did not expect the option to be depreciated so quickly. Maybe it is not good to buy an option close to expiry.

Have you ever thought of a backup broker ? I have two besides IB.

Yeah, we have sized down on SGXNK and sized up on KOSPI200 in our trading from last month. The South Korean Market has been full of stamina recently.

I think our government is extremely conservative in launching the index futures, they have been delaying it 3-4 times. The first version was that it would come out in September 2006, and the latest version is that "there is no schedule for the launch of this contract", rumors say it could be...

Also tonight I noticed a strange thing: Currently at 8:15pm (HK time), the volumes of the HSI options in TWS option chains display keep changing ( increasing) ,even it is long after trading hours. Could someone from IB explain why does this happen ?

The reason is that when holding positions, I need to manage the delta of the portfolio, which is extremely inconvenient without greeks and IV.

Are there greeks for HSI options in TWS software ?

MSCI taiwan futures (the SIMAX Taiwan index contract ) is 340 points of value currently , with a minimum tick of 0.1 points. while TX futures contract ( the local stock index futures contract) is now 8500 points of value , with a minimum tick of 1 points, the later one has much lower trading...

Robin, I am also looking forward to trading our own ( Chinese ) stock index futures, the volatility there is bloody huge. But before its launch, I will stay with HSI & SGXNK, etc. A robust strategy should be ok with the current market. Don't trade big money until you are comfortable with...

Can you read Chinese ? If you can, go to www.google.cn and search tons of free streaming charting software, covering all stocks & commodity futures availabe in Chinese market, and they are free. Yes, realtime market data in China is FREE.

I found on net a picture like the attached: a fishnet someone says fishnet is just a trading idea, but with no concrete explanation. Could someone give me a hint, how could this stuff be developed into a realistic tool ?

It is possible , that is what trend followers do , they can virtually catch every major move. But the ( drawdown+other trading cost ) of trendfollowing may be substantial. It is same for option and futures trading.

I think generally it's more meaningful to make duration longer,say the ratio of annual net profit / annual max drawdown but if you get a profit/drawdown ratio of 2-3 on monthly result every month, I think that's a superb system with a very good profit factor, and since it can always recover...

counter trend system is not meant to catch home runs which is the job of trend following system, it is meant to be a diversification and smoothe the equity curve. it is generally of bigger winning rate and smaller average profit per trade

what is the period /time duration of the net profit net profit for so far this year or this month ? and DD for so far this year or this month ? time duration matters a lot

Robin , backtest your idea. But breakout method will not help much in the current sideway and choppy market you are trading.

yeah, HSI has been quiet recently, KOSPI 200 has been much more interesting, steady trend /frequent new high/ and up about 2.5% yesterday.