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A trading parable
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Created: by Hard 8 Attachments:9

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A trading parable

  #11 (permalink)
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Hard 8 View Post
The scary thing is, it's so easy.

I've never seen a chart type of logikRenko? Im guessing this is only available in the latest release on Ninja?

Is this logikRenko chart type same as the Renko chart for Ninja 6.5?

... if not is this the same as the BetterRenko that is available in BM forum?

thanks

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  #12 (permalink)
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tellytub View Post
I've never seen a chart type of logikRenko? Im guessing this is only available in the latest release on Ninja?

Is this logikRenko chart type same as the Renko chart for Ninja 6.5?

... if not is this the same as the BetterRenko that is available in BM forum?

thanks

There's a lot in this thread. For my needs LogikRenko is superior to all other Renkos.

https://futures.io/vendors-commercial-products/6556-purelogiktrading.html

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  #13 (permalink)
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cory View Post
so moral of the story is trade the Dax?

Each reader must decide for himself, but would your opinion change if it works the same for the E-mini S&P MidCap 400?

Attached Thumbnails
A trading parable-emd1.jpg   A trading parable-jdfa_emd.jpg   A trading parable-emdlr.small.jpg  

Last edited by Hard 8; November 12th, 2010 at 05:12 PM. Reason: Added backtest
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  #14 (permalink)
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Hard 8 View Post
The scary thing is, it's so easy.

Per the screen shot of the NT summary, it only took two trades for an entire month? That does not seem accurate.

Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
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  #15 (permalink)
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aztrader9 View Post
Per the screen shot of the NT summary, it only took two trades for an entire month? That does not seem accurate.

Those were the live trades taken today in a new account, so prior live trades in other accounts during the period aren't depicted. The backtest is accurate within 3%.

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  #16 (permalink)
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Congratulations! What a great system. If I understand volume mechanics, with increase volume in the direction of the system, the system will even be safer!

Why not share your code with the forum? Let us help you make the system safer! Thank in advance.

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  #17 (permalink)
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mainstream View Post
Congratulations! What a great system. If I understand volume mechanics, with increase volume in the direction of the system, the system will even be safer!

Why not share your code with the forum? Let us help you make the system safer! Thank in advance.

Thanks for the kind words.

The system employs volume metrics and safety isn't an issue.

BTW, this thread wasn't meant to be about the strategy and its inner workings. That's why it's in Psychology and Money Management.


Last edited by Hard 8; November 13th, 2010 at 09:05 PM.
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  #18 (permalink)
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I appreciate you coming over here showing a P&L, but your posts are just utterly useless to traders who seek information like me on BM. You need to give us some hints/direction how we can improve more of our trading. I like the bible quotes but so far your posts are useless.

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  #19 (permalink)
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"You can lead a horse to water, but can't make it drink"


MetalTrade View Post
I appreciate you coming over here showing a P&L, but your posts are just utterly useless to traders who seek information like me on BM. You need to give us some hints/direction how we can improve more of our trading. I like the bible quotes but so far your posts are useless.

Thank you for your reply.

I'm glad you enjoy the quotes. I'm sorry you don't see any relevance in them to your trading.

In one of my earlier posts in another thread, I was quite explicit about trading forex and its dangers. I believe it is sound advice. One can improve one's trading by avoiding a market where the odds are tragically stacked against him.

Here is another suggestion to improve your trading. Start a journal and write entries every day.


Last edited by Hard 8; November 14th, 2010 at 10:24 AM.
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  #20 (permalink)
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MetalTrade View Post
I appreciate you coming over here showing a P&L, but your posts are just utterly useless to traders who seek information like me on BM. You need to give us some hints/direction how we can improve more of our trading. I like the bible quotes but so far your posts are useless.

I seem to remember another member that liked to post results and nothing much else. The nice thing is if you dont like someones posts you dont have to read them, as there is an ignore list feature in the forums.

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