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Daily profit measured by volatility
Updated: Views / Replies:6,086 / 63
Created: by Big Mike Attachments:3

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Daily profit measured by volatility

  #1 (permalink)
Site Administrator
Manta, Ecuador
 
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Daily profit measured by volatility

New poll on forum homepage, please vote there and discuss here.

What is your daily profit, per contract, as measured by % of DR (daily range)?

For example, if the daily range is 40 ticks, and you have trade 1 contract for 4 ticks ten times, that would be 100%.

Mike

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Last edited by Big Mike; March 10th, 2013 at 04:20 AM. Reason: reworded to try and make it more clear
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  #2 (permalink)
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  #3 (permalink)
Market Wizard
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I never ...


thought about that. I'll check that out and respond asap. Old poll still on my front page btw. DB

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  #4 (permalink)
Site Administrator
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wldman View Post
Old poll still on my front page btw. DB

Refresh.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
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The following user says Thank You to Big Mike for this post:
 
  #5 (permalink)
Site Administrator
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BTW, the ADR for ES RTH session 2013 YTD is 14.29 points or 57 ticks.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
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  #6 (permalink)
Market Wizard
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Big Mike View Post
BTW, the ADR for ES RTH session 2013 YTD is 14.29 points or 57 ticks.

Mike

@Big Mike

how did you get that number?

mine is more like 12.50 points for the rth session.


Last edited by Silvester17; March 9th, 2013 at 04:09 PM.
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  #7 (permalink)
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Silvester17 View Post
@Big Mike

how did get that number?

mine is more like 12.50 points for rth session.

See post 220 and this one:
https://futures.io/elite-circle/20164-master-homework-statistics-thread-23.html#post308554

Feel free to check my math, I was using someone elses csv bar data because my NT is still hosed and I can't get it to stop locking up.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
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The following user says Thank You to Big Mike for this post:
 
  #8 (permalink)
Market Wizard
Columbus, OH
 
Futures Experience: None
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Silvester17's Avatar
 
Posts: 3,422 since Aug 2009
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Big Mike View Post
See post 220 and this one:
https://futures.io/elite-circle/20164-master-homework-statistics-thread-23.html#post308554

Feel free to check my math, I was using someone elses csv bar data because my NT is still hosed and I can't get it to stop locking up.

Mike

hmm, I used @Fat Tails indicator to measure the adr. if I use the eth session I'm getting closer to your result.

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  #9 (permalink)
Site Administrator
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Posts: 46,795 since Jun 2009
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Silvester17 View Post
hmm, I used @Fat Tails indicator to measure the adr. if I use the eth session I'm getting closer to your result.

My results are also a few days old I think, but you can check the csv source data I used and see if it is right. I hope to get NT fixed soon so I can test myself.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #10 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,795 since Jun 2009
Thanks: 29,839 given, 86,214 received


So far the early voters are indicating they don't have a plan to capture a certain amount of movement from the market.

Why does this not surprise me?

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote

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