Is this strategy good enough? - Currency Futures | futures io social day trading
futures io futures trading


Is this strategy good enough?
Updated: Views / Replies:15,751 / 145
Created: by baruchs Attachments:6

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 6  
 
Thread Tools Search this Thread
 

Is this strategy good enough?

  #81 (permalink)
Elite Member
Lubbock TX
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Stage 5 Trading
Favorite Futures: CL
 
MWinfrey's Avatar
 
Posts: 1,879 since Jul 2009
Thanks: 1,449 given, 3,306 received


baruchs View Post
The total DD comes from combining all the trades from all the strategies in one list. Then sorting that list by exit time and calculating the DD. That is the big surprise.

So treat or manage ALL strategies on ALL markets traded as ONE.

Reply With Quote
 
  #82 (permalink)
Elite Member
Lubbock TX
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Stage 5 Trading
Favorite Futures: CL
 
MWinfrey's Avatar
 
Posts: 1,879 since Jul 2009
Thanks: 1,449 given, 3,306 received


baruchs View Post
For example lets say we have two strategis each makes 1 trade a day. So if strategy #1 is +500$ on day one and -300$ on day two, its DD is 300$. If strategy #2 is -300$ on day one and +500$ on day two, it also has a DD of 300$. What is a daily DD of trading together?

300

Reply With Quote
 
  #83 (permalink)
Elite Member
Israel
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: pfg
Favorite Futures: eminis
 
Posts: 323 since Jun 2009
Thanks: 6 given, 206 received



Quoting 
300

No its not its ZERO!
Day 1: +500 + -300 = +200
Day 2: -300 +500 = +200

Reply With Quote
 
  #84 (permalink)
Elite Member
Lubbock TX
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Stage 5 Trading
Favorite Futures: CL
 
MWinfrey's Avatar
 
Posts: 1,879 since Jul 2009
Thanks: 1,449 given, 3,306 received


baruchs View Post
No its not its ZERO!
Day 1: +500 + -300 = +200
Day 2: -300 +500 = +200

Good Grief...of course. Sorry for being so dense.

Reply With Quote
 
  #85 (permalink)
Elite Member
Houston,Tx
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Mirus Futures/Zen-Fire
Favorite Futures: TF
 
ThatManFromTexas's Avatar
 
Posts: 2,302 since Feb 2010
Thanks: 1,208 given, 4,293 received


baruchs View Post


Now I know why 95% fail.


I learned it in first grade.

....it can more profitable to add a losing strategy into a basket.

.... don't concentrate on the net profit

... delete from the page the currency pair, the entry time and the entry/exit prices. They are not relevant .....


If someone has a legitimate and honest question I'll gladly answer, but if you want to make some sarcastic remark pls keep it to yourself.

Why don't you just trade the dang thing ?

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
Reply With Quote
The following user says Thank You to ThatManFromTexas for this post:
 
  #86 (permalink)
Elite Member
Bala, PA, USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Mirus, IB
Favorite Futures: SPY, Oil, Euro
 
monpere's Avatar
 
Posts: 1,858 since Jul 2010
Thanks: 300 given, 3,276 received


baruchs View Post
In that thread I even stated that it can more profitable to add a losing strategy into a basket.


baruchs View Post
Do you want me to prove it?

Please educate me. I would like to know.

Reply With Quote
 
  #87 (permalink)
Elite Member
Israel
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: pfg
Favorite Futures: eminis
 
Posts: 323 since Jun 2009
Thanks: 6 given, 206 received


Quoting 
Please educate me. I would like to know.

Ok I'll prove it with your help in two ways. (You will need to answer questions)
First story:
You are going on a street and see on a corner some guy tossing a coin. You stand in front of him and stare.
From your left (the side is very important lol) comes another guy (or girl) and stands by you. All this time a guy tosses a coin. After a whial a guy on your left asks you if you want to bet on the coin toss. You ask him what are the odds that he gives. He says: If its head he will give you 2K and if its tail you will give him 3K.

Will you play with him? Is it a winning strategy for you?

p.s. Because you left your house in a hurry you took only 10K.

Reply With Quote
 
  #88 (permalink)
Membership Revoked
 
Futures Experience: Beginner
 
Posts: 1,081 since May 2010
Thanks: 2,092 given, 595 received

You also have to know that British science professors proved in 2010 that if you toss coins the heads will come up more than the tails.

Reply With Quote
 
  #89 (permalink)
Elite Member
Israel
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: pfg
Favorite Futures: eminis
 
Posts: 323 since Jun 2009
Thanks: 6 given, 206 received

So do you need a sharp ration, a profit factor, what? I'm still waiting for an answer.

Reply With Quote
 
  #90 (permalink)
Elite Member
Wodonga Australia
 
Futures Experience: Intermediate
Platform: NT, MT4
Broker/Data: tba
Favorite Futures: tba
 
Linds's Avatar
 
Posts: 290 since Jul 2010
Thanks: 348 given, 277 received



baruchs View Post
Ok I'll prove it with your help in two ways. (You will need to answer questions)
First story:
You are going on a street and see on a corner some guy tossing a coin. You stand in front of him and stare.
From your left (the side is very important lol) comes another guy (or girl) and stands by you. All this time a guy tosses a coin. After a whial a guy on your left asks you if you want to bet on the coin toss. You ask him what are the odds that he gives. He says: If its head he will give you 2K and if its tail you will give him 3K.

Will you play with him? Is it a winning strategy for you?

p.s. Because you left your house in a hurry you took only 10K.

.
It is good odds..but the risk of ruin is way too high with such a small bank and only 2 possible outcomes each throw - lose 2K or win 3K at 50/50. Can I go home and get another $100000 and play until the odds play out for me?

Reply With Quote

Reply



futures io > > > > Is this strategy good enough?

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Utility To Transpose Optimized Strategy Values From Excel Output to Actual Strategy mercuryfx NinjaTrader 5 April 7th, 2012 04:59 PM
Good strategy for strategy trader bomberone1 Platforms and Indicators 5 June 19th, 2011 07:03 PM
Who thinks this is a good strategy? Big Mike Traders Hideout 25 November 9th, 2009 04:23 PM


All times are GMT -4. The time now is 06:07 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-12 in 0.10 seconds with 20 queries on phoenix via your IP 54.167.44.32