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Trade Management
Started:February 4th, 2015 (09:51 PM) by lsubeano Views / Replies:763 / 11
Last Reply:March 11th, 2015 (06:45 PM) Attachments:0

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Trade Management

Old March 7th, 2015, 11:07 AM   #11 (permalink)
Elite Member
@ Germany
Futures Experience: Beginner
Platform: NinjaTrader
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There is no guessing in evaluating trading systems. You have to build your statistics with several money managment options. Only then you can see, if one is superior over the other. If you don't want to code the stuff you have to make it manually or hire anybody for that.

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Old March 11th, 2015, 06:45 PM   #12 (permalink)
Trading for Fun
Kalispell montana
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lsubeano View Post
I can see it on the chart. there are several Emini swings for 4 points daily....30 to 60 tick swing in CL....but challenging my self to see 2 points or 20 tics now turn against me and challenge a breakeven stop, +1 stop or - something stop, what do I do then...
managing the trade is always an art, an dI'm really trying to take it to the next level.....

it's be nice to trade 1 contract and make5 points a day in ES or 80tics in CL

I believe NinjaTrader allows you to do some simple back-testing. Or you could use other applications for back-testing. RapidMiner is another one.

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