Hi yc47ib,
It's fair comment. I'm adjusting as I go, and whereas I started with 1 contract, I've been trying a money management approach that spreads my risk across a series of trades the algo takes, where size increases over the range, with an aim of either a 1.2% gain or a -2% loss at the end of the series.
Not a vanilla approach I grant you, but testing is looking positive along with these posted results. I'm obviously lacking in posting my entire thought process in these daily posts; I'll try and provide more detail in future. The last week my aim has been to capitalise on the algo % rate tied to the new MM approach and to move back into positive territory.
I'm also interspersing manual trades on the 1m chart where I see opportunities, but keeping aligned with the same MM approach so the algo and the manual trades are working in concert.
It's fair comment. I'm adjusting as I go, and whereas I started with 1 contract, I've been trying a money management approach that spreads my risk across a series of trades the algo takes, where size increases over the range, with an aim of either a 1.2% gain or a -2% loss at the end of the series.
Not a vanilla approach I grant you, but testing is looking positive along with these posted results. I'm obviously lacking in posting my entire thought process in these daily posts; I'll try and provide more detail in future. The last week my aim has been to capitalise on the algo % rate tied to the new MM approach and to move back into positive territory.
I'm also interspersing manual trades on the 1m chart where I see opportunities, but keeping aligned with the same MM approach so the algo and the manual trades are working in concert.