I use limits for entry and exit (setprofittarget), and market for exit at a certain time.
OEC/Tradestation EasyLanguage Strategy
- Thread starter masterm1ne
- Start date
I use limits for entry and exit (setprofittarget), and market for exit at a certain time.
36% max drawdown on initial capital?
Is that simulation? Thats living on the edge.
That's the only way to live.
If you're crazy.
Nothing wrong with taking risk and trying out ideas, but trading systems require a great deal of skepticism. A 36% drawdown really means like 50% drawdown.
The thing about equity curves is that they are like phony sales pitches. They're almost always too good to be true. I must go through 10-20 of these kinds of things a day, only to find out slippage or some other variable is there to just ruin my day.
If even just one of my equity curves that looked awesome panned out in the last 3 years, I would be a millionaire already.
Admirable attitude and outlook...
Have you considered establishing a trading range using OTM options?
This way you can gamble big inside the range but in the event of a catastrophe you have some insurance that reduces your blow-up. A Plan B of sorts so you can live to trade another day.
Have you considered establishing a trading range using OTM options?
This way you can gamble big inside the range but in the event of a catastrophe you have some insurance that reduces your blow-up. A Plan B of sorts so you can live to trade another day.