Index futures automation

[NoahA]

You are playing Monday morning quarterback. Hard to do in real time.

I am sure his exit was by his methodology and since it has relatively low win rate, it is to be expected.

Absolutely.. I was just being funny. He has many times in the past held through bigger drawdowns and also added. It's of course good to follow rules, but let's face it, sometimes you see the rules cost you money more often than they save you, so finding the sweet spot is tricky.

 

[ironchef]

Absolutely.. I was just being funny. He has many times in the past held through bigger drawdowns and also added. It's of course good to follow rules, but let's face it, sometimes you see the rules cost you money more often than they save you, so finding the sweet spot is tricky.

The reality is, the more the win rate approaches 50/50 the harder it is to be disciplined and follow the rule. I could see why OP wants to automate, no second guessing.

Been there done that. Why I stopped live trade and went back to paper. It was difficult to not second guessing.

 

[hilmy83]

Today -110
Total 332

View attachment 339995

today -77
total 255

 

[hilmy83]

today -77
total 255

View attachment 340069

today 43
total 298

 

[hilmy83]

today 43
total 298

View attachment 340319

Today -80
Total 218

 

[hilmy83]

I'm VERY tempted to just change the rule just slightly to add on 1st trade. Just ONCE!.

BUT I say to myself, "listen asshole, just follow the rules for 3 months and see where you end up at"...

So i'm going to just let it be, till end of July and see where my tick tally will be. I can do this damn it

 

[NoahA]

I'm VERY tempted to just change the rule just slightly to add on 1st trade. Just ONCE!.

BUT I say to myself, "listen asshole, just follow the rules for 3 months and see where you end up at"...

So i'm going to just let it be, till end of July and see where my tick tally will be. I can do this damn it

I understand the frustration. Is it possible to open a second account, move half the money, and trade 1 contract in each account under 2 different sets of rules? 3 months is a long time to verify the validity of a setup, and it would suck to learn that just that one small change could help.

I think of it like a drug study. You're running different doses of drug at the same time, and after three months you would see which dose worked best.

 

[hilmy83]

Today -80
Total 218

View attachment 340362

total trades 8

ticks tally:
today 108
total 326

win 62.5%
loss 37.5%
avg win 118.6
avg loss 89

 

[Sprout]

I understand the frustration. Is it possible to open a second account, move half the money, and trade 1 contract in each account under 2 different sets of rules? 3 months is a long time to verify the validity of a setup, and it would suck to learn that just that one small change could help.

I think of it like a drug study. You're running different doses of drug at the same time, and after three months you would see which dose worked best.

smart way to arb time

 

[hilmy83]

I'm convinced averaging in is not for me as time goes. The frequent wins is a deception. I'll take the max loss when i do lose, and when i pick the right spots, I have smaller position (unless i average up).

Based on my bot days, breakout with 1:1 RR gave me about 47-48% win rate. So the market is inherently mean reverting.

total trades 8

ticks tally:
today 108
total 326

win 62.5%
loss 37.5%
avg win 118.6
avg loss 89


View attachment 340404

ticks tally:
today -109
total 217