YM Magic!

[algofy]

My stuff comes in around 48% win rate and around 1.30 : 1 risk reward costs included.

 

[speedo]

Depends on the win rate, care to share speedo?

On the NQ, 6 week moving average is 47%wins, 45% losses and 8% scratch.

 

[algofy]

On the NQ, 6 week moving average is 47%wins, 45% losses and 8% scratch.

Nice...I'm trying to get my risk reward ratio closer to that 2:1 but my win % always suffers.

 

[speedo]

Then

My stuff comes in around 48% win rate and around 1.30 : 1 risk reward costs included.

Then you are profitable...good work. You can probably tweak more out but you can also drive yourself crazy with optimization exercises.

 

[southall]

My stuff comes in around 48% win rate and around 1.30 : 1 risk reward costs included.

How many trades a day are you doing on average?

 

[algofy]

Then

Then you are profitable...good work. You can probably tweak more out but you can also drive yourself crazy with optimization exercises.

Yes profitable but higher drawdown than I like keeps me from trading a bigger size. I've got around 2500-3000 average drawdown per contract monthly on nq. Do you keep track of your average dd?

 

[algofy]

How many trades a day are you doing on average?

A hair over 1 per day.

 

[speedo]

Yes profitable but higher drawdown than I like keeps me from trading a bigger size. I've got around 2500-3000 average drawdown per contract monthly on nq. Do you keep track of your average dd?

No but that's high, how much leverage are you using?

 

[algofy]

I try to keep trading account at least 3x highest recent drawdown, is that what you mean by leverage?

 

[southall]

Speedo are you automated or manual?

I presume algofy is automated?