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Leinster

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Everything posted by Leinster

  1. Around 9K USD futures trading. (trend following).
  2. I think you make your own 'luck' per se. Calculating out your money management, exits drawdown and targets all assists with 'luck'. Between 1-20 trade maybe some 'luck' occurs as in 5 loser's 15 winners. The thing is the 'luck' may just be pure statistically naivety . If you work off 1000K trades then the 'luck' irons itself out. I recall seeing something occur on the market recently and i said to myself i must test that condition too see if it can add too an existing strategy (mechanical trading strategy). After adding it to the strategy it produced maybe 2% more profit in total, did i add it in no as it was pretty much statistically irrelevant. Its my belief by these actions luck irons itself out. And dont get me started about "trade execution error " id say we must have the same broker! I got murdered a few times with this an error in the platform i use with the broker i use. These errors can only be ironed out after they are seen only in live trading. Does that make me more lucky now that i have ironed out the issues 'yes probably' it definetly makes me less unlucky.
  3. Hi, I originally created a RTH strategy (Corn and Wheat). However due to me not paying full attention i programmed in a dynamic stop loss at say X value (ATR). Now in RTH it never hit this value but in ETH it did so i was stopped out as it was pre-posted to the broker in RTH time. As im looking at the market profile of ETH versus RTH i do notice the market has maybe 50 contracts in ETH as opposed to RTH when it has 10000+'s . Obviously i need to change my strategy as my backtest has been all RTH and not ETH, however im thinking of setting a hard stop (which i do do at present on initial entry), but i also use a dynamic stop which in this case was desynced from my strategy (Ninja + IB). As i originally created the strategy based on RTH data it seems the strategy works better on RTH instead of ETH. (Maybe in future when i have time ill update to add an ETH one). So in effect i will use hard stop far away (and then look at the price bar's dynamically in RTH to see if the price breaches the RTH to issue a close position. What are peoples thoughts on RTH versus ETH, i understand some pre movement could come from ETH but from me looking at the charts the major movements are RTH. What should i be wary off
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