But the edge is for the life??

Stock 777 wrote: Great thread
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Hi,

I think for real this is a nice question that every trader ask her/himself when at last he/she find the wet edge; I find the
calculation of the risk for every trade it's again important question; I put in relation the maximum risk % of my equity with the average loss for the control of my risk before I enter in a trade........
I hope the member fin these subjets interestings....

Steve
 
Nice week end to All,

I like to hear many experiences from the members of this forum about their edges(not in the specific of course!!);
how find it, lost it, develop it ecc,,,,for to change always the same subjet like fibonacci, gann,support,resistence,ecc.

Best regards Steve
 
Hi Steve,

How many different strategies have you tested and failed? Also, how long have you been in the markets? Your quote here raised a red flag that I felt compelled to reply.

You say your system has a high win/loss ratio but your wins are small. This type of pattern probably has a greater than 60% chance of blowing out your account. I say this because part of my research to finding my edge was to read about the account profiles of highly successful traders (ala Market Wizards et al). Most, (not all) successful off floor traders have accounts where they have LOW win/loss ratio (maybe around 30-40% wins) but VERY HIGH average win/average loss ratios.

Just something to think about when you develop your next systematic edge.

DNAJ65000



Quote from ikx:

Thanks for all the answers,

I think this is a real good question and I hope to could read other thinks from all the best members of this forum.
My edge is very simple but in my paper tests with dax and eurostoxx50 futures result very high the win/loss ratio and a discrete gain, I really hope that all this stay long in the future.
The entry is sistematic and the exit discretionary and this help me to perform and become profitable at last,
sorry for my bad english,

Steve
More...
 
hi and thanks for the replay,

my win/loss ratio it's 80%, average gain 10,75 points and average loss 6,33 points reward/risk 0,93 and the signal of my edge come once/two at day.
I trade the eurostoxx and dax future and I am 3 years in the market but I found my edge only this year and my gains are
140 points at month like part time trader,

Best regards,
Steve
 
Quote from ikx:

hi and thanks for the replay,

my win/loss ratio it's 80%, average gain 10,75 points and average loss 6,33 points reward/risk 0,93 and the signal of my edge come once/two at day.
Best regards,
Steve
More...

Excellent numbers. Then I congratulate you on finding your edge and wish you the best. Size up when you feel confortable and make as much money as you can.

DNAJ65000
 
What is your platform?
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It's Jtrader;
no others reply?

Steve
 
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