What is the highest win% you have seen a trading system, automated or manual, have? - Traders Hideout | futures io social day trading
futures io futures trading


What is the highest win% you have seen a trading system, automated or manual, have?
Updated: Views / Replies:4,339 / 29
Created: by ElectricWiz Attachments:7

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 90,000 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

Reply
 7  
 
Thread Tools Search this Thread
 

What is the highest win% you have seen a trading system, automated or manual, have?

  #21 (permalink)
Elite Member
Houston,Tx
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Mirus Futures/Zen-Fire
Favorite Futures: TF
 
ThatManFromTexas's Avatar
 
Posts: 2,302 since Feb 2010
Thanks: 1,208 given, 4,293 received


ElectricWiz View Post
Big Mike is right, win% by itself is worthless. I guess I was just interested to see what people's real systems look like. I'll just say it, it was a dumb question. SOme interesting posts thanks all who too the time to reply.

@ElectricWiz

That was NOT a dumb question ... a dumb question would be... "Should I have done research before I blew up my account?"

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
Reply With Quote
 
  #22 (permalink)
Elite Member
Houston,Tx
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Mirus Futures/Zen-Fire
Favorite Futures: TF
 
ThatManFromTexas's Avatar
 
Posts: 2,302 since Feb 2010
Thanks: 1,208 given, 4,293 received


Lampert View Post
@ThatManFromTexas - I apologize for causing a hissy fit. I don't know what is hard to understand about a legitimate source of statistical data from real trading systems.

Ya, I get tired of people arguing with me too - why don't they just listen??

Or are you all knowing:
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

1. I thought I was wrong once... but I was mistaken...

2. I'm not all knowing...occasionally I have to ask @Fat Tails questions... but I can never understand his answers...

3. Seriously... you convinced me...I really am looking forward to your journal...

"Not intended to be a factual statement" John Kyle Senator Arizona

Disclaimer: This post does not represent the view point of the owners, managers, or moderators of this web site and is not intended as a slam against any moderator, board member, any banned former members whose name we dare not say, any other living person, any recently living person or any person or persons whose status we are not sure of and especially not for any platform vendor with a questionable product and a pit bull lawyer. This post is meant purely for entertainment and should not be confused with a real thought.

I am not a programmer, coach, trainer or self appointed guru and do NOT hold myself up to be a good example for anything. I do not have a book, trading room or seminar .Even though I have an opinion on every subject under the sun, I do not give financial advice. Nor should I be held responsible for feeble attempts at humor at your expense.

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
Reply With Quote
The following 5 users say Thank You to ThatManFromTexas for this post:
 
  #23 (permalink)
Elite Member
manchester, england
 
Futures Experience: Intermediate
Platform: ninjatrader
Broker/Data: pfg best
Favorite Futures: oil
 
Posts: 289 since Apr 2011
Thanks: 285 given, 393 received

Great thread


I think everyone has a valid pont.

Personally, I would like a system that gives me 75% win ratio and my average winners being 3 times larger than my average losers.

But, this would still be not good enough if you do not have a stop loss in place, as then you would blow out your trading account before you would make any money.

Just my 2 pennies worth. I am english, so cents do not work for me.

Reply With Quote
 
  #24 (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: 46,240 since Jun 2009
Thanks: 29,351 given, 83,221 received


indextrader7 View Post
Profitability, over any period measured, can be figured out by looking at win% and avg win:loss ratio TOGETHER. There is actually a direct relationship between the two and the formula is:

Required breakeven win:loss ratio =[(1 - win%) / win%]

You might also check out the Risk of Ruin thread.

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
 
  #25 (permalink)
Man wearing a tuque
Calgary, Canada
 
Futures Experience: Intermediate
Platform: Multicharts
Broker/Data: IB, IQFeed
Favorite Futures: GC
 
Lampert's Avatar
 
Posts: 76 since Nov 2011
Thanks: 73 given, 131 received


ThatManFromTexas View Post
Disclaimer: This post does not represent the view point of the owners, managers, or moderators of this web site and is not intended as a slam against any moderator, board member, any banned former members whose name we dare not say, any other living person, any recently living person or any person or persons whose status we are not sure of and especially not for any platform vendor with a questionable product and a pit bull lawyer. This ....

Hahaha, @ThatManFromTexas , you are a master of obsfucation.

Back to the op's topic of %wins, for those who are interested in examples of statistics from real trading systems, the Collective2 site is a free source of data and results from actual trading systems. For the most part, the examples are what not to do which can be as important as what to do.

Len

Reply With Quote
 
  #26 (permalink)
Elite Member
Houston,Tx
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Mirus Futures/Zen-Fire
Favorite Futures: TF
 
ThatManFromTexas's Avatar
 
Posts: 2,302 since Feb 2010
Thanks: 1,208 given, 4,293 received


Lampert View Post
Hahaha, @ThatManFromTexas , you are a master of obsfucation.

Back to the op's topic of %wins, for those who are interested in examples of statistics from real trading systems, the Collective2 site is a free source of data and SIMULATED results from actual trading systems. For the most part, the examples are what not to do which can be as important as what to do.

Len

@Lampert

Fixed that for ya... you don't have to thank me...

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
Reply With Quote
 
  #27 (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: 46,240 since Jun 2009
Thanks: 29,351 given, 83,221 received

Moderator Note


The Collective 2 discussion should be moved to its own thread where it would be more appropriate. This thread was not about Collective 2, so please don't hijack the thread.




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
The following 2 users say Thank You to Big Mike for this post:
 
  #28 (permalink)
Man wearing a tuque
Calgary, Canada
 
Futures Experience: Intermediate
Platform: Multicharts
Broker/Data: IB, IQFeed
Favorite Futures: GC
 
Lampert's Avatar
 
Posts: 76 since Nov 2011
Thanks: 73 given, 131 received

I agree - this thread is about % wins data associated with trading systems.


Len

Reply With Quote
 
  #29 (permalink)
Man wearing a tuque
Calgary, Canada
 
Futures Experience: Intermediate
Platform: Multicharts
Broker/Data: IB, IQFeed
Favorite Futures: GC
 
Lampert's Avatar
 
Posts: 76 since Nov 2011
Thanks: 73 given, 131 received


indextrader7 View Post
..........

It's a natural question to want to know what our trading stats "should look like" or what we should be striving to achieve. My two cents is that the way someone trades always brings trade offs. Ex: You wait for more confirmation on a trade, so you have less bad signals and a higher win %, but in doing so, the trade off is that your stop loss is now farther away and your profit target is closer - so your avg win:loss is hurt. It's all a trade off. Keep up with multiple non-correlated stats on your performance, and you're on your way to understanding your areas for improvement, both in trading and yourself.

Hope this adds some value.

Best,

IT7

Because I am interested in trading stats, here is some data from an unnamed source. This builds on the comments from previous contributors. These charts contain data for systems with average trade durations less than 24 hours.

The three charts show:
  • % winners vs win/loss ratio - similar to the chart that was posted by indextrader7
  • % winners vs profit factor - systems that are high in both numbers typically use a Martingale approach (doubling down when trades are losing)
  • profit factor vs % drawdown - CHART HAS BEEN REMOVED AS DATA WAS INCORRECT - as above, Martingale systems have high drawdowns and will eventually blow up
As has been stated, additional factors (beyond these three) should be evaluated for any trading system. Anyway, this is just data. You are welcome to draw your own conclusions.


Len

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Last edited by Lampert; May 8th, 2012 at 07:19 PM. Reason: % drawdown chart removed - incorrect data
Reply With Quote
The following user says Thank You to Lampert for this post:
 
  #30 (permalink)
Man wearing a tuque
Calgary, Canada
 
Futures Experience: Intermediate
Platform: Multicharts
Broker/Data: IB, IQFeed
Favorite Futures: GC
 
Lampert's Avatar
 
Posts: 76 since Nov 2011
Thanks: 73 given, 131 received



Lampert View Post
Because I am interested in trading stats, here is some data from an unnamed source. This builds on the comments from previous contributors. These charts contain data for systems with average trade durations less than 24 hours.

The three charts show:
  • % winners vs win/loss ratio - similar to the chart that was posted by indextrader7
  • % winners vs profit factor - systems that are high in both numbers typically use a Martingale approach (doubling down when trades are losing)
  • profit factor vs % drawdown - as above, Martingale systems have high drawdowns and will eventually blow up
As has been stated, additional factors (beyond these three) should be evaluated for any trading system. Anyway, this is just data. You are welcome to draw your own conclusions.

Here is a subset of the charts in the previous post. This data only includes systems with average trade durations between 5 minutes and 2 hours. Distribution of the data appears to be similar but the population is much smaller.

Len

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Last edited by Lampert; May 8th, 2012 at 07:20 PM. Reason: Removed % drawdown chart - incorrect data
Reply With Quote

Reply



futures io > > > What is the highest win% you have seen a trading system, automated or manual, have?

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Trading Competition (Win a $150k account) Lornz Traders Hideout 1 January 24th, 2012 04:31 PM
Broker for order execution using MC auto+manual trading SPTrading MultiCharts 18 July 9th, 2011 09:40 AM
Hybrid Trading - Multicharts(algo)/NT7 Manual Management Bondi9999 MultiCharts 5 March 26th, 2011 01:07 PM
EOT Automated System pedroxp Trading Reviews and Vendors 59 December 10th, 2009 03:37 AM
Looking for a good intro automated system in ninja cashinvestor NinjaTrader 1 July 2nd, 2009 03:24 PM


All times are GMT -4. The time now is 10:59 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
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 2017-12-13 in 0.16 seconds with 40 queries on phoenix via your IP 54.227.51.103