Profitable or Unprofitable - Traders Hideout | futures io social day trading
futures io futures trading


Profitable or Unprofitable
Updated: Views / Replies:2,049 / 12
Created: by nourozi 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
 

Profitable or Unprofitable

  #11 (permalink)
 Vendor: www.traderwerks.com 
Taipei Taiwan
 
Futures Experience: Advanced
Platform: NinjaTrader
Broker/Data: Optimus
Favorite Futures: TW
 
Posts: 693 since Jun 2009
Thanks: 440 given, 440 received


nourozi View Post
Does X-trader Simulator produce more realistic fills for limit orders than Ninjatrader Simulator engine due to EPIQ?

EPIQ is live trading. It tries to estimate where in the queue your order is located. I have no idea how TT SIM uses it.

Math. A gateway drug to reality.
Reply With Quote
 
  #12 (permalink)
Elite Member
Austin, TX
 
Futures Experience: Master
Platform: ninjatrader, r-trader
Favorite Futures: CL, NG, TF, NQ, YM, GC, ES
 
liquidcci's Avatar
 
Posts: 862 since Jun 2011
Thanks: 609 given, 1,051 received


nourozi View Post
Hi guys,

I have created my first automated strategy and I am wondering what I should expect from it going live, judging from the results in market replay testing with NinjaTrader.

It uses limit orders on the ES. The thing is, it is profitable when I use liberal fills (filled when limit orders touched). It loses just as much when using conservative fills (filled when price penetrates the limit price).

Let's say it loses 5K on average per week when using conservative fills, and it profits 5K when using liberal fills. The point is it seems to have a total inverse result when using these different fill settings.

The problem is with conservative fills, it touches the limit order and then reverses, leaving me unfilled and causes me to miss a trade.

The question is, what can I expect from it going live? Even if I am filled on half of the touched limit orders, I should break even.

The limit orders are typically placed about 5 mins before it is touched. But ranges from 1min to 15min.

Thanks!

Congratulations on automating. You will be glad you did. In regards to back testing vs live. Some strategies backtest's translate well and accurately into live and others do not. It is very important to know how well yours does because it can severely alter your results when going to live. The best way I have found to do this is run the strat live and then tediously start to compare it trade by trade to your backtests results. You will start to get a feel for where the limitations are and if the backtest is even close to what happens live.

Here is my basic process

1. Backtest
2. Run strat live feed but on SIM account and compare to my backtest (If I am getting fairly close results I go to next step). Do this trade by trade on exact same trades.
3. Run strat live feed on my real account then compare to my backtest.

I do the above on enough trades that I get comfortable my results are accurate to my backtest before "officailly" making it a part of my live trading.

"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
Reply With Quote
The following user says Thank You to liquidcci for this post:
 
  #13 (permalink)
Elite Member
seoul, Korea
 
Futures Experience: Intermediate
Platform: Multicharts
Broker/Data: CQG, DTN IQfeed
Favorite Futures: YM 6E
 
treydog999's Avatar
 
Posts: 894 since Jul 2012
Thanks: 291 given, 1,006 received



nourozi View Post
Take a look at the linked image. Assume the market had been trading below Point A for a duration of time. Only once the market began trading above Point A ($3), would you be able to place a buy limit order at $3. Assume I place a buy limit order at Point B ($3) once the market reaches the Apex. This has given the market 5 mins to place buy limit orders before mine at $3. Another 5 minutes pass until price reaches my buy limit price at Point C. From the Apex to Point C, this has given the market 5 minutes to place buy limit orders after mine at $3.

My order should be ahead/behind 50% of buy limit orders at $3. Correct?

http://s11.postimg.org/s3v4bamub/Apex.jpg

Buying volume and selling volume has nothing to do with the place in the order book. if you are considering looking at the inside bid and offer then once you move at least 1 tick away then the book is refilled by HFT and marking making algos already. So no that i dont believe your getting your 50%. I suggest you read larry harris's book on market micro structure to get a clear idea on how markets work and how orders work.

Reply With Quote

Reply



futures io > > > Profitable or Unprofitable

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
What made me profitable cunparis Traders Hideout 38 March 23rd, 2013 06:41 AM
Profitable-daytrading.com joaobucks Trading Reviews and Vendors 2 November 11th, 2012 07:43 PM
JPMorgan Sees Clients With Less Than $100,000 Unprofitable kbit News and Current Events 0 February 29th, 2012 07:02 PM


All times are GMT -4. The time now is 07:39 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 2017-12-11 in 0.11 seconds with 19 queries on phoenix via your IP 54.226.132.197