After a good winning period - how to maintain momentum? - Psychology and Money Management | futures trading

After a good winning period - how to maintain momentum?
Started: by 2tenor Views / Replies:204 / 2
Last Reply: Attachments:0

Welcome to

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • 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, and we will never resell your private information.

-- Big Mike

Thread Tools Search this Thread

After a good winning period - how to maintain momentum?

  #1 (permalink)
Elite Member
Tampere, Finland
Futures Experience: Intermediate
Platform: Saxobank, Sierra Chart
Favorite Futures: DAX futures
Posts: 51 since Dec 2015
Thanks: 9 given, 41 received

After a good winning period - how to maintain momentum?

I have now a good 9 weeks winning period, resulting +30% on my account.

Any advice from you fellow traders - do you try to think something special after a good winning period?
And, how did that work out?

Or, have you just succeeded to continue the same, even when you start the next losing period - which naturally will happen at some point?


During 16 months live with my present system, I have got several similar good periods, but earlier I have always given the money back.
On total 16 months, I am only slightly positive, a few %.

My system is trend-following and may produce quite large drawdowns - but my analysis shows that I have also changed my own trading in many of these cases.

After some winning periods I have started to skip trades with a clear signal; breaking my own rules; etc.

THIS TIME I have promised to myself, that I will NOT give the money back voluntarily.
If my system will produce losses and I have bad luck, that's OK then, but I try to do my best to maintain the momentum!

About my system:

The system produces signals on DAX futures, based on 2 h MA and candle colors.

There are on average 400 signals per year, but I have a separate classifying system on those signals where the expectation (in backtest & 2 years live follow-up) is negative, and based on that I skip almost half of the original signals.

The signal system gives me the direction to trade (long or short), approximate targets (1st +60, 2nd +90, 3rd +270 DAX points) and final stoploss levels.

But, usually I dont trade directly according to signals, as I have a separate trigger / entry / exit / re-entry rules, which work on faster time frame, 5 min chart Price Action.

Therefore even the "signal" is slow and can last many days, almost all of my real trades are intraday, or max overnight.

Reply With Quote
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

  #3 (permalink)
grappling dummy
Hawaii at the beach
Futures Experience: Intermediate
Platform: Ninjatrader, TOS
Broker/Data: S5
Favorite Futures: ES, fine alcohol and muscle cars
KahunaDog's Avatar
Posts: 416 since Apr 2013
Thanks: 828 given, 299 received

I take it one trade at a time. Trade type, Entry an Exit criteria are all categorized.
I have a max drawdown, max losses and max total trades. If either of those are hit I walk.

Reply With Quote

Reply > > > After a good winning period - how to maintain momentum?

Thread Tools Search this Thread
Search this Thread:

Advanced Search

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

2016 True Edge Awards: Voting is open until Jan 21!


Anthony Drager: Pulling the trigger with confidence

Elite only

Leo Murphy: The Art and Science of Technical Analysis

Elite only

FuturesTrader71: Ask Me Anything

Elite only

Similar Threads
Thread Thread Starter Forum Replies Last Post
Good trades, bad trades, winning trades & losing trades AsymOlly Trading Journals 42 July 11th, 2016 11:08 AM
Building Winning Trading Systems - Good for Multicharts newbie? g94expy MultiCharts 1 July 1st, 2013 10:01 AM
Good Trade, Bad Trade, Winning Trade, Losing Trade David_R Traders Hideout 2 April 16th, 2013 04:51 PM
Richard Koo On The 'Temporary' Period Of Good Data.... kbit News and Current Events 0 March 7th, 2012 09:38 AM
How do you manage & maintain? thinkfuture Traders Hideout 5 April 30th, 2010 09:14 PM

All times are GMT -4. The time now is 01:52 AM.

no new posts
Page generated 2017-01-22 in 0.08 seconds with 19 queries on phoenix via your IP