will you be giving us insight into your trading strategy... why you get in, why you got out?
From 1k to 500k (Deadline: 2017)
- Thread starter K-Pia
- Start date
will you be giving us insight into your trading strategy... why you get in, why you got out?
It all comes down to one metric.
The path of least resistance put into context.
By context I mean relative to time, price and volume.
By path of least resistance I mean market impact, pressure, volatility.
At the start, I am skeptic.
I try to estimate a probability distribution.
According to the strength of the imbalance.
I'll get in if I guess the payout to be big enough.
Fixed is the SL. The entry and the exit are dynamical.
I'll get out if I am stopped out. Or if I expect nothing more,
That's worth the risk to let my position exposed to the uncertainty.
First, don't be a sucker.
I believe it works via negativa.
We're messy, built on shaky foundations.
Keep it low-level. Easier to bullshit with macro.
Know how it works, learn from your errors, don't be fooled.
It's a lot of what and how. Again and again ... I am not done yet.
No one will ever really know. It's luck. It's skill. It's complex. Let's see.
But I think that one has to look for conditionals,
That give real information about the probability distribution's moments.
That's the setup. Then after comes the "optimization" with the entry.
Ps: So, hopefully, you shouldn't see me updating this thread after a quiet day.
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1k to 500k is ultra low odds. GL!
Lower than the establishment of life as we know it ?
It's low odds according to your knowledge and your capacity of making estimates =P
I am going to make it real. Don't worry.Better odds of being hit by a coconut in Siberia, get real
Are you trading options? or equities?
Futures. Still learning about options.
I used to trade with X_trader. The Trading Technologies's desktop version.
Lately, I've switched to the online version (TT platform). But I am going back to X_trader.
Because I experience lots of freeze and in addition, the ES margin is 1420$. Well... I've got 1K.
But the online version was appealing since I am under linux and it's 0.4$ cheaper in RT commissions.
So I am setting up a Windows machine. Again. As I used to have. That's it for the troubles and Platforms.
But I am afraid the problems are linked to my internet connection.
In average my download speed is around 300KiB/s. I'll see how X_trader behave.