Trading ES, reverse trade based stops

[romik]

I know this is a test. I do have concerns over mounting commissions. Is that a concern of yours as well?

I think it is comparable to the national debt scenario, could be huge, but could be acceptable in relation to economy, so it's relative.

 

[romik]

Short 2074.5 b/e

Total: +69.5 (16w,27l, 2b/e)

Long 2076.25 -1.75

Total: +67.75 (16w,28l,2b/e)

 

[jj1111]

Right now you're at 1.5 points/round turn. Assuming $3/round turn commission, you're still a long way off from eating into the P&L.

That said, who knows what the ultimate points/RT is going to be. After, say, 100 RTs, will the points/RT at that point be a good estimate for the overall?

 

[trader_zone11]

You still long ? I guess you're really looking at the 30min bar closes. We had a 15 point sell off so far today high to low ...

 

[romik]

Long, I jumped too early yesterday, so was hesitating to do it again today. PA is bit mad though

 

[romik]

Right now you're at 1.5 points/round turn. Assuming $3/round turn commission, you're still a long way off from eating into the P&L.

That said, who knows what the ultimate points/RT is going to be. After, say, 100 RTs, will the points/RT at that point be a good estimate for the overall?

I look at commissions as a business expense.

 

[jj1111]

Certainly an expense, but I think your strategy is long term enough that they won't play as much a factor, though it remains to be seen.

 

[romik]

Long 2076.25 -1.75

Total: +67.75 (16w,28l,2b/e)

Short 2084.25 +8

Total: +75.75 (17w,28l,2b/e)

 

[romik]

Short 2084.25 +8

Total: +75.75 (17w,28l,2b/e)

Long 2087.25 -3

Total: +72.75 (17w,29l,2b/e)

 

[jj1111]

Let's fast forward a bit to 1000 round turns completed, with an average profit of 1.5 points/round turn. Is it at THIS point that one could say this strategy has an edge? And if so, why?