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Very interesting post!! Mark - are you willing to talk more about the different kinds of formats that you use everyday and how and in which format - you copy paste (store) information for easy retrieval at a later date? Do you think you can give an example of the kind of stuff you save for...

Thanks for your comment Trvl! I went long at 47 with the aim of getting a 2.5/3.5 pt scalp. After that I will be sitting on sidelines for sometime.

thats a strong sell statement you made there. I just made my 5 pts from 55 to 50 and am out. Interesting to see that you are going short at 50. Lets see how this plays out. Want to comment what you see here that makes you think shorting 50 for 40 is good odds? Cheers

We are getting a bit sidetracked from the topic, but I guess I need to look more closely into CL. I only trade ES and FX as of now. Seems a lot of people are making good coin using CL.

Thanks for your comments. As you rightly said, the premise of the trade was in question from within a fortnight of taking the trade. I also got a bit worked up during the trade and it seemed that with all back and forth I was losing a sense of direction. I thought it best to get out here. For...

Thanks for your comment. I get a sense that reading his books would be like reading an approach and some building blocks along the way. Would you say that his book is similar in design (not writing style) to Mark Fischer ACD book?

Useful information. Thanks. The way you have put it - it seems it all depends on the kind of approach one takes towards studying his material. One can't be laidback, rather has to work his way through his material. Let me ask you these: 1) Is Brook's material similar in toughness to Crabel's...

Hey, personally did you find his ideas helpful in your trading? Others have already indicated that they have found value in Brook's teachings, however it will be interesting to hear if you have been able to make use of it - since you are completely automated, your response will be valuable. Thanks.

Can you give more details please like - when this happened? how did you get in touch with the hedge fund manager? Most of the hedge fund managers I know off don't talk to MQL4 programmers. They talk to people who can write code in C++, python, Matlab etc. Fyi, it might just have been...

Thanks for all the research. Do you have a working hypothesis why anyone will go about creating new ids on any anonymous forums and asking legitimate looking questions? I mean what can such a person gain from such an exercise? Why do it in the first place? What kind of psychological reason...

Thank You for dropping by. Its great to get comments from a long-term pro like you. Idea of Tactical Vs Strategic automation as you have defined makes a lot of sense. My personal experience is similar. Specifically, which asset classes have you applied Al Brooks methods on? Futures - Stocks?

Agree with rest of your post so not quoting it. You used to mention that Al brooks is a bar by bar method. Thats why I wrote. AFAIK, the method looks at how each bar is placed relative to bars before it. Thats all I meant. Do you think you can post an example of a simple piece that works...

If this question was directed at me, I have no idea :) As I said my knowledge about Al Brooks is very limited - I just know a lot of people swear by it and it is a bar by bar method. Thats all. I am asking other practitioners if they have been able to codify any ideas that Al Brooks talks...

Only thing I know about Al Brooks is that it is price action at a very granular level (a bar-by-bar method of following price action). The book is very hard to read and follow and some people on ET really like the content and think there is real value in the content. Before I embark on any...

I closed the remaining 2% risk at 95. 1% was from 93.5 and another 1% was from 93.25. So, loss on these = -(1.75% +1.5%) = -3.25% So, total loss on the USDJPY trade = -(3.25% + 3.82%) = -7.07% I wrote in my first few posts that parabola should have collapsed within 15 days from the...

This is expected :) Takes some time to believe it. As another poster said, Sortino doesn't penalize upside volatility.

what is your book?

Not sure if individuals should compare their Sharpe with funds, since funds are moving huge size. As an individual, my annualized intraday Sharpe is 'most often' 3+ , calculated the way I described - 80% of my trading is thoroughly researched, all manual execution. When I say 'most often'...

+1 I don't use any Rf for calculating sharpe of intraday strategy. I just make sure that I write clearly that Rf = 0 has been assumed while calc. this sharpe. Annualized daily Sharpe of 2-2.5 is good

You mentioned that you want the whole desk fired for a trade that did not go their way and they lost 2.5% of annual PL on that trade over multiple months. This clearly re-establishes your IQ in my eyes. Also, I am surprised at your poor English skills. I was trading for a desk, and I had to...