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No it isn't. Unless you are referring to the risk free rate, which in the current environment can be set to zero for most purposes. It is a statistical property of any sequence of returns. Arguably high Sharpe is even nicer in FX since you have access to huge leverage and can amplify returns...

While coding is great, it's what you know in addition to coding that matters. In trading it's no different. I grew up obsessed with coding and to be honest it was mostly a waste in terms of aiding other life goals, despite becoming good at what I had spent absurd amounts of time on. Well, maybe...

New week, hopefully I get some actual time away from GF to trade. Have coded a purely automated strategy I might withdraw $10 000 for a sub-account for (which will mess with the balance of this acc). Results on this acc has been shit anyway with +8% YTD at time of writing, a far cry from aim...

Nah, it's going down. Who could've thought. But since I have a mental block against placing bets against my perceived bias I can't exploit it. Automating away my bias remains a prio.. less talking more coding.

Waiting for HK33 open. If it was to break pattern of previous days to trend down strongly after open I will take long pos

Closed -6, not being as straightforward as I hoped. Besides, my entry was kind of shit (above turnaround point so better get out of it).

Started long algo on NQ, data release not so horrible and some mean reversion already took place from open.

It's not how big it is, it's how you use it that matters. (Tax, that is.)

Close for -12, not going anywhere. Euro session might be more fun.

Starting long algo here, expecting market to trend either dir.

Will see where HK goes. Downbeat PMI but US markets in wild bear rally mood.

Err missed this rally, wasn't paying attention after opening not initially going anywhere. Should add price alerts to my app (after everything else I need to fix)...

OK decided to go long here at "logical" premarket opening level after reversal, algo gave me reasonably tight stop. Edit: Nope stopped. Have to go to bed unfortunately, still suspect it will be up later in day... To be fair a monkey would do better bias picking than me last three weeks. Coding...

Eh waiting until open, HK33 premarket opened quite strong and might reverse a bit.

Nope stopped, leaving algo on. Might try HK33 too later. Going for a jog since it's light like day outside in middle of night.

Started long algo NQ, we'll see if something interesting happens beyond 40 EUR loss. Obviously going for high R/R low win probability trades with these.

Didn't feel enough confidence today to take positions. I'm surprised how poorly NQ fared, must be a new distrust of tech and high valuations that has taken root recently.

Going to bed, algo refused to take anymore entries other than the first one. Caixin 50.2 vs 50 didn't provide much substance for either direction. US ISM today will be the really interesting part of day anyhow.

First sub-trade stopped for -20 (MFE ~30), leaving algo on in case Caixin PMI creates an interesting show. Guessing there will be plenty of room for a strong up bounce this week given last weeks' shit show, just need to be in for that. Momentum can of course continue to pulverize longs like me.

Started long algo on HK33HKD