Need somewhere to think out loud,

Right slowed the 18 to 24, H & L and HL/2 so 3 lines just to really point out, don't trade against fool.

Really you want to be taking 9BB entries with the 18 trend, when it's above the 24sma's but hey.

Few days maybe weeks to master this, then the next issue............................



What sports car to waste my money on :)

-$150 down to +$270 not to bad, missed a lot of good trades, need to keep my 6:30pm to 9pm GMT slot open
 
You change way too much, I have learned to stay with same stuff for years. Second automated system was in 2009 and I have never touched the parameters in this whole time, it works on three minute timeframe and used Heiken Ashi bars. Has some losing days, but very mild losing weeks, no losing months. No point in messing with it.

I am lost with what you do. It is like the hare and I am the tortoise.
 
Turveyd said:
Yep identical method, from the look of it to mine these days, cool!

I keep trying, not to be a scalper, but yeah, scalping is where it's at, repeated profits regularly.
More...

The chart I posted earlier I manually traded it with your parameters some weeks back, but I have one automated from two years ago and parameters are just a couple off doing actually longer envelope and Bollinger Bands in periods but just 2-3. Enclosed is main system I been manually trading for on/off 3-5 years, I get bored trading same thing, I don't change the parameters to any system once they are set, I just change to a different system, my staff prefers I stick to same system as they are doing one lots the entries, but regardless, both systems have many signals even though Dax, Bund, Soybean Oil, Rice, ES or any other instrument including stocks have different personalities. Good systems are robust in instruments and timeframes, but risk increases on larger timeframes on some signals. I have posted this parameters on other traders journals, so you are getting closer to what I consider one of the best systems I have ever designed. BUT like a great painter or fairly good painter having same paintbrushes and canvas, each will have a different paintings. So many are afraid to show charts of what they do and yet no two people are the same unless you identical twins.

I never started in trading to become a scalper, matter of fact, day trading was the worst thing I should have ever gone into cause of personal conflicts, as soon as I had to get into back testing and testing years of data, scalping was fast, results were faster, I don't think right most of the time, I see/hear things from within, we all talk to ourselves especially during high stress, I am very very vocal, I become more vocal when I am doing well and grumble when I am not doing well. And I keep stats on this as well. We have normal in our lives and when you can have a stat on abby-normal, you might be able to have a nuance subconsciously about yourself and the markets. When I am thinking that some trade will pay for a Duesenberg, I know now the end of trend is nearly over. The Duesenberg usually start at $165k, they were produced from 1913 to 1937 till depression was in full swing. I have no intentions of springing $165k for an old car, but they are cool, am old fart.

http://www.wallpaperup.com/uploads/wallpapers/2013/07/17/119493/605a1bbc88f36c4081cf3f3642fd2078.jpg
 

Attachments

  • DAX-april 6-2016-pg1.png
    DAX-april 6-2016-pg1.png
    69.8 KB · Views: 63
Handle123 said:
The chart I posted earlier I manually traded it with your parameters some weeks back, but I have one automated from two years ago and parameters are just a couple off doing actually longer envelope and Bollinger Bands in periods but just 2-3. Enclosed is main system I been manually trading for on/off 3-5 years, I get bored trading same thing, I don't change the parameters to any system once they are set, I just change to a different system, my staff prefers I stick to same system as they are doing one lots the entries, but regardless, both systems have many signals even though Dax, Bund, Soybean Oil, Rice, ES or any other instrument including stocks have different personalities. Good systems are robust in instruments and timeframes, but risk increases on larger timeframes on some signals. I have posted this parameters on other traders journals, so you are getting closer to what I consider one of the best systems I have ever designed. BUT like a great painter or fairly good painter having same paintbrushes and canvas, each will have a different paintings. So many are afraid to show charts of what they do and yet no two people are the same unless you identical twins.

I never started in trading to become a scalper, matter of fact, day trading was the worst thing I should have ever gone into cause of personal conflicts, as soon as I had to get into back testing and testing years of data, scalping was fast, results were faster, I don't think right most of the time, I see/hear things from within, we all talk to ourselves especially during high stress, I am very very vocal, I become more vocal when I am doing well and grumble when I am not doing well. And I keep stats on this as well. We have normal in our lives and when you can have a stat on abby-normal, you might be able to have a nuance subconsciously about yourself and the markets. When I am thinking that some trade will pay for a Duesenberg, I know now the end of trend is nearly over. The Duesenberg usually start at $165k, they were produced from 1913 to 1937 till depression was in full swing. I have no intentions of springing $165k for an old car, but they are cool, am old fart.

http://www.wallpaperup.com/uploads/wallpapers/2013/07/17/119493/605a1bbc88f36c4081cf3f3642fd2078.jpg
More...

Ecckks thats huge lol

Not very good at scalping, swing trading with stocks where its all nice and slow, scalping hesitate and its just bit you at times, but not being very good at is why I keep going, all about the challenge.
 
No method survives for long it seem, previous lol method worked at times, barely today too much chop, confidence just not there today.

So..

18sma
18 envelope 0.0013 ish
18 bb 2.0
6sma fast trigger.

Only really got 1 basis for direction, less decisiony.

Need to do a longer test on, when home.
 
Turveyd said:
No method survives for long it seem, previous lol method worked at times, barely today too much chop, confidence just not there today.

So..

18sma
18 envelope 0.0013 ish
18 bb 2.0
6sma fast trigger.

Only really got 1 basis for direction, less decisiony.

Need to do a longer test on, when home.
More...

My Long term Commodity system, the original I have traded since middle 1991, I have added more signals, more risk rules to make better so I can trade more contracts, but the original parameters have never changed. I have one ES system I manually traded eleven years till it got automated, same parameters. As your knowledge of price gets better, how to react to situations, you develop different responses. But the original system doesn't have to change, how you view it might change.

Longer back testing increases confidence if back testing is good.

What most don't seem to understand, after one conquers long term, they can get to smaller timeframe, on and on and on, and when you get down to scalping, you should be good with memory, risk management, you should be automatic. Scalping is the toughest, have to have answers like breathing.
 
All changed again, BB's gone, prefering fixed Envelopes, a method I tried to trade for AGESSS!!!

13sma + Envelope 13sma 0.14%
6sma + Envelope 6sma 0.06%

13 is over all market direction and expected range to hold counter trend only, with trend it should punch thought, counter trend is shouldn't, so if it does then your counter trend and bail. All can play the range, if pretty flat.

6 is impulse, scalps, if 13 and 6 going up strong, then long on pull backs to low of range should be a good entry for a quick 5-10pt scalp, repeat repeat repeat.

Faster and Fixed trading ranges, tight SL's, single position, embrace the SCALP!!
 
Handle123 said:
My Long term Commodity system, the original I have traded since middle 1991, I have added more signals, more risk rules to make better so I can trade more contracts, but the original parameters have never changed. I have one ES system I manually traded eleven years till it got automated, same parameters. As your knowledge of price gets better, how to react to situations, you develop different responses. But the original system doesn't have to change, how you view it might change.

Longer back testing increases confidence if back testing is good.

What most don't seem to understand, after one conquers long term, they can get to smaller timeframe, on and on and on, and when you get down to scalping, you should be good with memory, risk management, you should be automatic. Scalping is the toughest, have to have answers like breathing.
More...


Market condition was too specific, which isn't the plan, plan is switch on, make $$$'s walk away, not hang around for 3hours to find a 18/24 trend, to trade with.

I'm getting better at Scalping, so things that should of worked ages ago, but I couldn't trade, I might be able to trade these days.

Anything less than ideal, isn't going to make me RICH RICH RICH, not willing to waste time on anything other than making loads easily, so I'll keep trying and adapting till something sticks.

Better not say, this is it I'm sticking to it, cause 10am tomorrow, SCRAP!! LOL

But maybe, it is ?? LOL or maybe I'll learn something new, then go back around again, most likely a few more times before I'm able to make the kinda returns I need.
 
You can do as you please, you and I are completely different cause of experience most likely, you think of becoming rich, I think in terms of not losing which in end result makes my account to go up. When system is not cycling right, I walk away and am happy about it. I don't have a clue of what trades make loads, you must be more gifted than I, I can't foretell anything, to me each trade has same 50/50 of not losing. I am too tired to be fighting myself, so I stay with same thing now.

And Friday's are toughest to trade, as per fourteen years of back testing.
 
Part of getting rich is not losing :)

I have put more holes in my account on friday than any other day, friday trying to hard i guess.

Asias open, scalp at support, tight SL market goes 100pips against me, had that a few times, 2am tired and stupid.

I not that i want a million, cause i will spend as i make it, $3000 usd per month would cover all bills.

BB variable size at times a pain, cant see market range at a glance, not taking a lot of setups cause SL would be too far away.

No trades as yet, just traded -50 , guess not continuing down lol

Good tight exit :)

Another trade, made $90 all good :) that continued.


Looking promising!
 
You must log in or register to reply here.
Back
Top