5min/1h TrendFollowing on ESTX50, SMI, & GBL

KS,

I think your leverage is very often quite high, because sometimes you are long 3 ESTX plus SMI plus short GBL plus long stocks. And your stop losses are quite wide, too. You know there is a significant correlation between GBL, ESTX and SMI and US stocks. I am quite more conservative with my risk management (sometimes too conservative), but you know about the fat tails or - how is it called - kurtosis. Rare events happen with a higher probability than we think.
Do you manage another account besides this ET one? If yes, do you handle it the same way?
Don't get me wrong your results are impressive, but you buy it with a lot of risk units.
Sure, if it is your goal to turn 13k$ into 1 M$ in less than 1,5 years you have to go for it with all the risk you and your account can stand. :)
 
We popped nicely, and i see an inverse H&S (if H&S exist :D after all) with a neckline at 4019, and min target up to 4052. Got long? :D

A swift break of the neckline would be best. The more time it takes, the more it stinks.
 
Quote from KS96:

We popped nicely, and i see an inverse H&S (if H&S exist :D after all) with a neckline at 4019, and min target up to 4052. Got long? :D

A swift break of the neckline would be best. The more time it takes, the more it stinks.
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I haven't played in ESTX yet (if this question was addressed to me), but it was still unnecessary risk being long in ESTX over the weekend (not quite a hedge for your stocks).
You know it is hard to become profitable, but it is quite harder to stay profitable.
 
1 estx50 over the weekend is 1/3 of the risk I take intraday (in estx50 only, if you add smi as well 1 contract estx50 is nothing). Risk is acceptable.

What's so special about keeping overnights or overweekends anyway? If you don't bet the house, and assuming random gaps in size and direction, then you get even in the long run.
 
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