Getting demolished this week - Stocks and ETFs Trading | futures io social day trading
futures io futures trading

Getting demolished this week
Updated: Views / Replies:1,283 / 11
Created: by ScaredyCat Attachments:0

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 100,000 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

Thread Tools Search this Thread

Getting demolished this week

  #11 (permalink)
Elite Member
Luxembourg, Luxembourg
Futures Experience: Advanced
Platform: TWS
Broker/Data: Interactive Brokers
Favorite Futures: Stocks
Posts: 491 since May 2012
Thanks: 1,641 given, 1,138 received

ScaredyCat View Post

Thanks for the comments and thoughts on the volatility. My thinking also centers around your final comments. Like you mention, I also often find in backtesting that my efforts to filter out the bad trades tends to filter out a successful trades and can result in worse performing model. It's almost like you have to take the bad trades in order to get the better performing model.

This problem seems to manifest itself once trends are underway - my best backtest results happened when I caught the big moving trends really early on. Later on, they got more volatile but still capable of making big moves. I would then be stopped out while things were volatile and of course traded smaller when the trend resumed. Since these were long-term systems, I would be riding trends for quite a while with very small size - that does not feel very good.

ScaredyCat View Post
Trading with smaller size is one approach that I've taken up (and luckily most of the big negative trades were done with smaller size), but even at smaller size big losses still hurt. In particular I was trading the more volatile stocks (I was using 60 day MA of the average of stock price daily trading range as % of stock price) with quite a bit lower size, and that did help protect some on the downside (while also capping upside).

I found it to be very difficult to adjust trading size effectively using a system. Yes, you can use ATR to normalise volatility across stocks, but I found it to be ineffective as big movers have their size adjusted downwards too much. Nowadays, I will adjust my size based upon how well I am doing in the current month, how well my current trades are holding up, whether I have managed to at least book some profits, and how well stocks are acting in their bases. For instance, for August, the first three criteria already had me on the back foot, but last week several stocks just had complete base failures and then I knew I wanted as little exposure to the markets as possible. That is something that I probably can backtest, but right now I just don't feel the need to do so - my exposure mirrors those of some of the better stock traders so I am happy to just use judgement for that.

ScaredyCat View Post
re mkt filters: I have a slightly different mean reversion model to trade in down markets, and US market (SP500) just fell below 200MA a couple days ago - so I do have market filter in that regard - but historically the mean reversion strategies seem to do well in down markets, so I'm interested to see how things work going forward - however, I'm also interested in potentially buying some longer term positions given how much many high quality companies have fallen at this point. I've been waiting for a correction for such a long time, and all of a sudden it shows up in 3 trading days. Amazing how quickly things can move.

Can't really provide any insight on the mean-reversion strategies as I don't trade any. However, if you want to hold long-term then using options to hold through earnings seems to be your best bet. The tax benefit I get from having my gains classified as capital, will more than offset the cost of the options. Thus, in my situation it makes sense, but I am not sure what your situation looks like.

Reply With Quote
The following user says Thank You to grausch for this post:
  #12 (permalink)
Trading Apprentice
Nashville, TN/USA
Futures Experience: Beginner
Platform: Amibroker
Favorite Futures: Stocks
Posts: 11 since Aug 2015
Thanks: 6 given, 5 received

grausch View Post
I found it to be very difficult to adjust trading size effectively using a system. Yes, you can use ATR to normalise volatility across stocks, but I found it to be ineffective as big movers have their size adjusted downwards too much.

I agree that the sharpe ratio seems to be better if I just accept the volatility - that's why I struggle some with it - but at the same time I try to accomodate my risk averse nature and accept lower performance for lower risk. I can trade "small" with the model and the volatility doesn't hurt as bad because it's a small part of everything else going on, but if I were trading a large part of portfolio w/ high volatility I think the swings would bother me more.

Reply With Quote


futures io > > > > Getting demolished this week

Thread Tools Search this Thread
Search this Thread:

Advanced Search

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

September Journal Challenge (sponsored by TopstepTrader)


Free Elite Membership: Twitter Tuesday and Facebook Friday!

Tue & Fri

5 Top Traits of Market Wizards w/John Hoagland @ TopstepTrader

Sep 25

Breaking Down an Equity Trading System: Step-by-step w/RandBots

Sep 27

Anthony Drager (TBD)

Oct 4

Similar Threads
Thread Thread Starter Forum Replies Last Post
Holiday Week tderrick Emini Index Futures Trading 5 July 1st, 2013 07:51 AM
8% per week sailingman Trading Journals 29 June 10th, 2012 04:44 PM
Quote Of The Week Quick Summary News and Current Events 4 January 22nd, 2012 11:34 AM
Turkey Week Quick Summary News and Current Events 0 November 27th, 2011 05:00 PM
first day of the week/month - requesting last day of the week/month SARdynamite NinjaTrader Programming 3 July 15th, 2010 06:25 AM

All times are GMT -4. The time now is 04:02 PM. (this page content is cached, log in for real-time version)

Copyright © 2018 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432,
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 2018-09-23 in 0.09 seconds with 14 queries on phoenix