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  1. J

    How do you know when your strategy stop being profitable vs a short drawdown period?

    I mostly trade FX pairs and ES, I tried to be as stringent as possible to develop something that doesn't require overfitting and relatively simple. I forward tested it for the past 2 weeks which was behaving well. But this week once I go live, I lost 3 days in a row. Looking back at the charts...
  2. J

    How do you know when your strategy stop being profitable vs a short drawdown period?

    Let say you developed a new strategy and backtested the past few years that looks to be profitable. When you decided to go live, the first few weeks is also profitable, but then it starts loosing consistently. Would you consider this "edge" is over or it's simply a short drawdown period? When is...
  3. J

    Fibonacci retracement with fluctuating Risk:Reward

    For the past few days I have used this live and results are pretty good, it definitely helped me enter higher probability trades. However, I am still trying to adjust my system to work in conjunction with the timeframes combo.
  4. J

    IB and cryptocurrencies

    There are also these, but again liquidy is quite low.
  5. J

    Fibonacci retracement with fluctuating Risk:Reward

    I trade fx mostly and i like to capture the 38-61% level for my profit. My record keeping is not the greatest, but to answer your "could have been" question, unless I expand my risk to 1:5 or higher, then most of my losses could have been saved. These past few hours I began looking at...
  6. J

    I cant make trading work for me

    Hey buddy, I can feel your pain and am in a very similar situation with the deepest sympathy. I was in a niche sector that paid alright, unfortunately covid hit and killed my sector. I have no jobs to return to and have dependents so i took up daytrading right away. I have had some experience...
  7. J

    Fibonacci retracement with fluctuating Risk:Reward

    CCI i like to use 30 btw
  8. J

    Fibonacci retracement with fluctuating Risk:Reward

    i would say that overall I am pretty satisfy with my method from entry point to stoploss and exit, my win rate is 70% but i believe i am still missing something in my strategy. The only thing I can think of is that if i am trying to capture huge trends where the fib is much larger, i may have to...
  9. J

    Fibonacci retracement with fluctuating Risk:Reward

    Hi everyone, I want to say that I have an "edge" using mainly Fibonacci retracement lines with the help of CCI and ATR Trailing Stop for risk management. I try to keep my R:R to 1:1 per trade. However, because Fib retracment is subjective and every trend has different lengths, how exactly do I...
  10. J

    Bracket Orders not filling

    @Bad_Badness have you chatted with API support? Also were you ever compensated for this?
  11. J

    Bracket Orders not filling

    Guys, I use IB Gateway and API. I have been running my algo for the past month overnight without issues. But last night my stop loss bracket did not fill and i woke up deep in the red. Anyone had this issue before and is it something do with their server reset time @ 23:45 - 00:45 ET ?
  12. J

    IB API Execution Gone Wrong, Please Help.

    Thanks guys, I took a closer look at the IB log and it was something to do with margin requirements. @matt, no both of them were paper accounts, @ HobbyTrading, I am missing this in my code, but again because it worked initially so I didn't try to change my codes.
  13. J

    IB API Execution Gone Wrong, Please Help.

    Hi Everyone, I use IB API and python. I have been testing out my algo and it was working great, making reverse trades whenever my indicator gives a signal. However, once I switched computers, the execution started going haywire. The bottom of my image shows when things were working fine, buy...
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