Closed China A50 (-120) and Japan pos (+100). Only leaving SPX in play until afternoon.
Snuskpelle's (kind of) Intraday Adventures 2019
- Thread starter Snuskpelle
- Start date
Closed SPX500 for -50 as I was getting a bit doubtful of start of US session behavior.
Buy NAS100USD x 8 @ 7818 stop 7792
Buy NAS100USD x 8 @ 7806 stop 7792
Move stop 7782 as bounce taking longer than I expected. 300 USD risk before, should be max 500 now.
Buy NAS100USD x 8 @ 7819 stop 7806
Close NAS100 +1516
Traded from 15M bars this time, should consider always doing this. Makes it very clear smaller leverage may lead to better results, and easier to see previous ranges/important SR.
Had intraday trend algo ready for activation but felt that I would get better results from manual orders, as market has too much fake mean reversion moves prior to trend lately compared to vs I wrote that intraday algo.
Was slightly lucky with manual stop levels chosen, as has also been the case last couple of days. Will see if this continues.
Traded from 15M bars this time, should consider always doing this. Makes it very clear smaller leverage may lead to better results, and easier to see previous ranges/important SR.
Had intraday trend algo ready for activation but felt that I would get better results from manual orders, as market has too much fake mean reversion moves prior to trend lately compared to vs I wrote that intraday algo.
Was slightly lucky with manual stop levels chosen, as has also been the case last couple of days. Will see if this continues.
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New account high (FINALLY) since the May peak where I basically blew up big gains the next few days. Highlights how important it is not to get overconfident.
What I also did well today aside from using 15M and stop placement is not looking at unrealized gain/loss. That is plain toxic and increases emotional pressure. With stop losses in place one shouldn't be worrying about losses anyway, and resist temptation of taking profits early. One should be react to the chart and incoming news, not on account PL.
What I also did well today aside from using 15M and stop placement is not looking at unrealized gain/loss. That is plain toxic and increases emotional pressure. With stop losses in place one shouldn't be worrying about losses anyway, and resist temptation of taking profits early. One should be react to the chart and incoming news, not on account PL.
I'll reopen XAG/XCU pair trade come next week, CU breaking below major support and of course I am certain fundamentals for this trade remain in place.
Made minor trade while multitasking yesterday (long NQ) for +56 gain US premarket. Had I left it on I would've gained much more but basically realized I had too little control and was tired.
CAD/CNH semi-martingale back in green as of today.
Made minor trade while multitasking yesterday (long NQ) for +56 gain US premarket. Had I left it on I would've gained much more but basically realized I had too little control and was tired.
CAD/CNH semi-martingale back in green as of today.
Some YTD stats overall:
1.59 RR
42.3% win rate
Return normalized to account size at time of trade close is probably around 20% but I will only calculate this exactly at the end of the year.
PL curve YTD attached
Not too convincing yet given the risks I'm taking, but I am hoping (suspecting) that some improvement is taking place so that I can go for 50% return in 2020 using the approach I've created this year. From time stats it's pretty clear that I've got an edge in trades lasting 30 minutes or more, the short duration trades are costing me money.
Might double acc size again via additional deposits as I'm feeling decent about the approach going forward. Then again, I'm also sure this is due to being at a new PL high on this acc.
I will write a program to emit my taxes and calculate proper stats for some stuff (e.g. beta to Nasdaq 100 would be highly relevant) before end of the year.
1.59 RR
42.3% win rate
Return normalized to account size at time of trade close is probably around 20% but I will only calculate this exactly at the end of the year.
PL curve YTD attached
Not too convincing yet given the risks I'm taking, but I am hoping (suspecting) that some improvement is taking place so that I can go for 50% return in 2020 using the approach I've created this year. From time stats it's pretty clear that I've got an edge in trades lasting 30 minutes or more, the short duration trades are costing me money.
Might double acc size again via additional deposits as I'm feeling decent about the approach going forward. Then again, I'm also sure this is due to being at a new PL high on this acc.
I will write a program to emit my taxes and calculate proper stats for some stuff (e.g. beta to Nasdaq 100 would be highly relevant) before end of the year.
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