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GFIs1 1 DAX trade per day journal
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GFIs1 1 DAX trade per day journal

  #2621 (permalink)
Trading Apprentice
Zagreb Croatia
 
Futures Experience: Advanced
Platform: Sierra Chart
Broker/Data: IB
Favorite Futures: CL GC Currency Futures
 
Posts: 45 since Jan 2016
Thanks: 15 given, 33 received


GFIs1 View Post
While I had decent positive results with both trading systems since inception of them
(watch journals of both from beginning) the systems were performing quite differently.

In the GFIs1 1 trade per day system the shaky market was influencing quite much the
result. There were good days and too many bad as well - the result in points was around
zero but the costs brought the account down a bit.
Comment: Even on risky days I took the trade - telling and knowing about a possible
bad outcome. Quite some trades with high risk (as announced at the beginning of a trade)
went into stop loss.
Hint for future time: Omit those trades when initial balance (IB) is not within normal range.
At least the result still was better than the index itself.

Looking at the Walzer - things were much better.
Even or despite shaky times - the Walzer is an instrument to take the points out when markets
move heavily. Therefore the result was nearly the same as in first half of 2015 which shows
the longtime stability of the idea behind.

Now looking at the trading time needed then the Walzer is still the best of all:
It is semi automated and does not need screen time.
For the 1 day system the screen time was not much - but did not pay out at least the last 6 months.
As this system is documented now for 4 years with quite still good results over this period we
can see that different markets can have strong impact on the final performance.

Even the 2 systems are doing differently - they show their strengths in very different markets.

GFIs1

Thank you for your Journals.

Do you have maybe an Equity curve of those systems, produced in a way of sum of results for each one of them, and also distribution of results (histogram chart). I would like to see those charts in a way when you risk 30 points that this is represented by 1 on chart, and if trade is loss then it is -1, so 60 points win would then be 2 on chart.

Can you please make those chart for each system and then one combined, I am very curios about those, thanks.

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  #2622 (permalink)
Market Wizard
Switzerland
 
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Caerus View Post
Thank you for your Journals.

Do you have maybe an Equity curve of those systems, produced in a way of sum of results for each one of them, and also distribution of results (histogram chart). I would like to see those charts in a way when you risk 30 points that this is represented by 1 on chart, and if trade is loss then it is -1, so 60 points win would then be 2 on chart.

Can you please make those chart for each system and then one combined, I am very curios about those, thanks.

Hi Caerus

Go back in this journal at every year end - the histograms are there

For the Walzer I need to make one - did not do it as the Walzer did not occur every week.
But a short chart with monthly bars is no problem. I will show it in the appropriate thread.

So an overlay of both will be easy as well.

GFIs1

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  #2623 (permalink)
Market Wizard
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Tuesday trade


Dax long 11:00 to 15:00

entry @ 9557
exit @ 9527 (SL)
result -30 points

IB vol good

GFIs1


Last edited by GFIs1; July 5th, 2016 at 08:27 AM.
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  #2624 (permalink)
Trading Apprentice
paris france
 
Futures Experience: Intermediate
Platform: jtrader
Favorite Futures: dax future
 
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great job GFIs1

thnks for your great job,
i have one question, what is your margin per lot?
and from what you know from the dax what should you suggest to have in order to trade one lot dax?
thanks

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  #2625 (permalink)
Market Wizard
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cheros View Post
i have one question, what is your margin per lot?
and from what you know from the dax what should you suggest to have in order to trade one lot dax?
thanks

Hi Cheros

I am trading with IB. The margins in the Dax went up this year. With the Brexit days even more...
One contract FDAX today is 13350 (inital) and from the second contract 10680 per contract
For the Dax Mini FDXM it is 2670
The margins depend always on the price level of the Dax itself. They can be changed often.
It depends on your strategy and money management how many contracts you trade.
With a risky strategy and large stops I suggest to trade less contracts.

GFIs1

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  #2626 (permalink)
Market Wizard
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Wednesday trade

Dax long 10:30 to 13:30

entry @ 9436
exit @ 9406 (SL)
result -30 points

IB vol high > 10,9k

GFIs1

edit 10:42 - a short Walzer might occur instead - let's see


Last edited by GFIs1; July 6th, 2016 at 04:43 AM.
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  #2627 (permalink)
Market Wizard
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Thursday outlook

Dax climbed again to Tuesday low this morning (9492).
Price is in 30m Kumo. Future Kumo is turning red again.
It is highly probable that we will see new lower lows today
and tomorrow.
88xx is highly probable to test again.

Be aware
GFIs1

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  #2628 (permalink)
Market Wizard
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Friday trade

Dax short 9:30 to 14:30

entry @ 9447
exit @ 9477 (SL)
result -30 points

IB vol low (higher risk)

GFIs1


Last edited by GFIs1; July 9th, 2016 at 01:26 AM.
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  #2629 (permalink)
Market Wizard
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Week 27 result

This week had 3 negative trades:
All with SL of -30 points.
Weekly result -90 points

Points since week 1: -104

GFIs1

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  #2630 (permalink)
Market Wizard
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No Monday trade


After 3 losses in one week there is no Monday trade.

Even the IB volumes were ok - we have some conflicting rules today.
Means staying at the sidelines.

So for the next weeks there will be a consistent rule check before entering:
1) IB vol needs to be 7k or greater but less than 10k (30min)
2) if some higher risk is seen (be it to little volume later):
NO trade will be taken to protect capital.

Instead if some Walzer shows up - this one will be checked as well for taking.

GFIs1

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