ES Mechanical Madness

Looks like no chance for additional trades for today, so here's the updated summary.

Summary

Points of profit before today +101.50

Closed trades today.

Breakout - no trade
Reverse - no trade
Swing +10.50*7 = +73.50

Points of profit of closed trades after today +175.00

No open trades
 
I must be about the only trader that lost money trading to the downside today.

Summary

Points of profit before today +175.00

Closed trades today.

Breakout -1.00*7 = -7.00
Reverse - no trade
Swing - no trade

Points of profit of closed trades after today +168.00

No open trades
 
With so few trades per day, why dont you trade your other five systems as well? Something like a volatility breakout system would do quite well in this environment.

bulat
 
Quote from bulat:

With so few trades per day, why dont you trade your other five systems as well? Something like a volatility breakout system would do quite well in this environment.

bulat
More...

I wish it was easy to add another system to the mix. These 3 systems are not part of the 8. These were chosen because they each make about the same amount of money each year. They also are negatively correllated so that when one is doing well, another may be in a drawdown. Overall, they give me a very smooth equity curve. To add another system would be a big project. I'd have to figure out if it was correllated with one of the systems and then change the number of contracts on the ones that were correllated to make sure it doesn't have a deep drawdown. For now, I'm happy with the way everything is working. One thing I'd add if I knew how to do it would be money management. I think I could make 100% or more per-year if I rebalanced after every trade. Someday my husband will hopefully show me how it's done.
 
Doesn't look like there's going to be any trades today.

Breakout - no trade
Reversal - no trade
Swing - ES would have to go up more than 10 points before it would even consider a trade.
 
You must log in or register to reply here.
Back
Top