Your edge vs recent market behavior - Traders Hideout | futures io social day trading
futures io futures trading


Your edge vs recent market behavior
Updated: Views / Replies:4,594 / 28
Created: by Big Mike 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 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
 
Thread Tools Search this Thread
 

Your edge vs recent market behavior

  #1 (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: 29,352 given, 83,232 received

Your edge vs recent market behavior

New poll. Please vote and discuss.

How has your edge been impacted by recent market behavior?

Total votes: 109
 


The topic is simply -- how has your edge been impacted vs the recent market changes?

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
 
  #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)
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: 29,352 given, 83,232 received


I am leaving the term "recent" as subjective and up to your interpretation.

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
 
  #4 (permalink)
Trading for Profit
Munich, Germany
 
Futures Experience: Advanced
Platform: TradeStation
Favorite Futures: Equity Index Futures
 
Posts: 285 since Apr 2012
Thanks: 121 given, 116 received

Very interesting topic! You should post this poll every few months.

I personally cannot answer this question as I have changed my style a bit by the end of March and we are in the same environment since (with my definition of "recent" - for me, from early January 2013 until today is all the same environment). I just see that my adjusted trading style works quite well in this market, but I'm aware that this can change rapidly, when the environment changes.

Reply With Quote
 
  #5 (permalink)
Elite Member
Portland, OR
 
Futures Experience: None
Platform: tos
Favorite Futures: NQ, SB, 6J, CL, GC
 
Massive l's Avatar
 
Posts: 1,458 since Mar 2011
Thanks: 922 given, 1,822 received

Dramatically. Being a range trader, /ES wasn't treating me too well when it started breaking every range I had.
I had to start looking at other instruments again like Grains and Currencies.

Psychology > Strategy ≥ Money
Reply With Quote
 
  #6 (permalink)
Elite Member
Lehrte, Germany
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: PTP / Rithmic
Favorite Futures: NQ
 
Daytrader999's Avatar
 
Posts: 1,159 since Sep 2011
Thanks: 1,137 given, 1,565 received

Well, that's no major issue for me. Most often it's no big deal to find a decent trending market on any particular day.

And if the markets completely refuse to cooperate I practice sitting on my hands and do something else more or less useful.
So, IMHO there's really no need to force trades every single day if the markets lack any structure and only chop around...

Reply With Quote
 
  #7 (permalink)
Elite Member
Atkinson, NH USA
 
Futures Experience: Intermediate
Platform: NinjaTrader 8/TensorFlow
Broker/Data: NinjaTrader Brokerage
Favorite Futures: Futures, CL, ES, ZB
 
NJAMC's Avatar
 
Posts: 1,925 since Dec 2010
Thanks: 2,962 given, 2,294 received

Draws a vacuum - Sucks

No issues on my end, my original discretionary performance "Drew a vacuum" and my current discretionary performance also "draws a vacuum".

Nil per os
-NJAMC [Generic Programmer]

LOM WIKI: NT-Local-Order-Manager-LOM-Guide
Artificial Bee Colony Optimization
Reply With Quote
 
  #8 (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: 29,352 given, 83,232 received

Revising this poll, new one below:

How has your edge been impacted by recent market behavior?

Total votes: 87
 


Please vote and discuss.

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
 
  #9 (permalink)
Trading for Fun
Buffalo, NY
 
Futures Experience: None
Platform: Python, Excel, R, Ninjatrader
Broker/Data: IB quandl
Favorite Futures: Low frequency trading
 
Posts: 64 since Jul 2014
Thanks: 4 given, 37 received

I really don't think in terms of edge anymore. Implicit in saying you have a 3% edge is a repeated trials process that we know doesn't make sense. We know that 10:00am will be different than 10:36am. Really, each tick is practically different. A house casino can have a 3% edge against the gambler exactly because the rules of the game are fixed so you can run repeated trials of the same thing.

If you can only take one sample before things change then saying you have a 3% edge is your degree of belief. It isn't reasonable though to believe you can quantify things to that degree of accuracy. Not only might you be overvaluing your bad bets but really undervaluing your best bets.

I try to think in terms of sharpe ratio components on a continuous portfolio that is also used to fund the rare go for the jugular trade.

So current market I would go with fed funds that risk free rate is going up, because of that expected returns going down some and preparing for various std deviations in returns. No real go for the jugular trades at the moment.

Reply With Quote
 
  #10 (permalink)
Elite Member
Budapest, Hungary
 
Futures Experience: Advanced
Platform: Windows 95
Favorite Futures: GC, CL, 6E
 
Yuri57's Avatar
 
Posts: 278 since Feb 2013
Thanks: 71 given, 103 received


First can you tell us what you mean by: "recent market behavior" ?

What exactly do you think has changed?

Reply With Quote

Reply



futures io > > > Your edge vs recent market behavior

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
Strange Indicator Behavior: Newbie Question/Help! ToddPMan NinjaTrader Programming 2 March 14th, 2013 11:02 AM
Chinese Economic Reports Put Jittery Market More On Edge Quick Summary News and Current Events 0 June 7th, 2012 10:30 PM
Why Recent Stock Rally Isn't Signaling a Market Turnaround Quick Summary News and Current Events 0 October 10th, 2011 06:30 PM
'Cold Summer' for Stock Market As Recent Rally Hits Jobs Wall Quick Summary News and Current Events 0 July 8th, 2011 04:50 PM
In Consumer Behavior, Signs of Gas Price Pinch Quick Summary News and Current Events 0 May 18th, 2011 12:40 PM


All times are GMT -4. The time now is 03:05 PM.

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 2017-12-14 in 0.12 seconds with 19 queries on phoenix via your IP 54.145.16.43