Taking a Trading System Live - futures io
futures io futures trading



Taking a Trading System Live


Discussion in Trading Journals

Updated by tturner86
      Top Posters
    1. looks_one kevinkdog with 260 posts (714 thanks)
    2. looks_two Big Mike with 61 posts (97 thanks)
    3. looks_3 deaddog with 25 posts (24 thanks)
    4. looks_4 swz168 with 20 posts (40 thanks)
      Best Posters
    1. looks_one kevinkdog with 2.7 thanks per post
    2. looks_two swz168 with 2.0 thanks per post
    3. looks_3 rk142 with 2.0 thanks per post
    4. looks_4 Big Mike with 1.6 thanks per post
    1. trending_up 64,777 views
    2. thumb_up 1,128 thanks given
    3. group 97 followers
    1. forum 529 replies
    2. attach_file 189 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 100,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
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

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Taking a Trading System Live

(login for full post details)
  #511 (permalink)
Site Administrator
Manta, Ecuador
 
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
 
Big Mike's Avatar
 
Posts: 49,159 since Jun 2009
Thanks: 31,823 given, 95,826 received


SidJ View Post
I just read your book cover-to-cover and will definitely be re-reading parts, as it is one of the better books I've come across for developing a trading system. Thanks for writing it. It is puzzling that the returns for Euro Day & Night are flat. During the backtesting & walk-forward, there must have been times when the market was flat...can you isolate these times and figure what your expected returns should be for flat markets or is it not worth it? I just wonder if market volatility is the issue or maybe something else.

There is also a thread for the book:



Please post a review.

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/
Follow me on Twitter Visit my Facebook Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to Big Mike for this post:

Can you help answer these questions
from other members on futures io?
Ninja Trader Market Replay for DOM training
NinjaTrader
Indicator Conversion
Sierra Chart
Tick based Renko bars for Ninjatrader ?
NinjaTrader
Delta PVP ( POC )
MultiCharts
Trading System with 2 contracts
EasyLanguage Programming
 
 
(login for full post details)
  #512 (permalink)
The Netherlands
 
Experience: None
Platform: MultiCharts, TradingView
Trading: ...
 
Jura's Avatar
 
Posts: 774 since Apr 2010
Thanks: 2,347 given, 686 received


budfox View Post
I also read all 15 Steps of how to backtest in your blog.

Does someone has a link to that article? I couldn't find it on KJ Trading Systems .

Reply With Quote
The following user says Thank You to Jura for this post:
 
(login for full post details)
  #513 (permalink)
Legendary Market Wizard
Cleveland Ohio/United States
 
Experience: Advanced
Platform: Tradestation
Broker: Tradestation, DeCarley, others
Trading: futures
 
Posts: 2,847 since Jul 2012
Thanks: 1,491 given, 5,559 received



Jura View Post
Does someone has a link to that article? I couldn't find it on KJ Trading Systems .

These steps were in a blog I used to write: A Robot Trader Becomes Human


I need to move them back home...

Thanks for asking!

Follow me on Twitter Reply With Quote
The following 4 users say Thank You to kevinkdog for this post:
 
(login for full post details)
  #514 (permalink)
The Netherlands
 
Experience: None
Platform: MultiCharts, TradingView
Trading: ...
 
Jura's Avatar
 
Posts: 774 since Apr 2010
Thanks: 2,347 given, 686 received


kevinkdog View Post
These steps were in a blog I used to write: A Robot Trader Becomes Human

Thanks Kevin.

For other interested readers, the 15 steps:

1. Have a trading plan.
2. Rate of return.
3. Drawdown.
4. Winpercentage etc.
5. Other considerations.
6. The trading strategy.
7. Conduct preliminary research.
8. Have positive expectancy.
9. Backtesting the right way.
10. Incubate.
11. Know your exit point.
12. Follow the plan.
13. Don't overleverage.
14. Execute flawlessly.
15. Review and monitor.


Quoting 
I need to move them back home...

If you do, it would be interesting to reflect on them, such as what you would do differently compared to two years ago, which things didn't change, and whether you perhaps learned new steps along the way.

Reply With Quote
The following 5 users say Thank You to Jura for this post:
 
(login for full post details)
  #515 (permalink)
Legendary Market Wizard
Cleveland Ohio/United States
 
Experience: Advanced
Platform: Tradestation
Broker: Tradestation, DeCarley, others
Trading: futures
 
Posts: 2,847 since Jul 2012
Thanks: 1,491 given, 5,559 received

Not many good things to say about the Euro day and night system performance this past quarter. Only 2 trades in the day strategy for the month of September, which is a lot less than normal.

Not a very good quarter for the combined system, as shown by the purple line. Performance like this is why I advocate having many strategies to trade. Some will underperform (like this one), and hopefully some better performers will make up for it.

Going forward this will be the only graph I'll show. It tells almost the whole story, in my opinion...



Follow me on Twitter Reply With Quote
The following 6 users say Thank You to kevinkdog for this post:
 
(login for full post details)
  #516 (permalink)
Legendary Market Wizard
Prince George BC Canada
 
Experience: Advanced
Platform: IBs TWS
Broker: IB
Trading: Stocks
 
deaddog's Avatar
 
Posts: 829 since May 2013
Thanks: 125 given, 2,126 received


It's been over a year. Have you given up on this system or will you keep trading it?

"The days when I keep my gratitude higher than my expectations, I have really good days" RW Hubbard
Reply With Quote
 
(login for full post details)
  #517 (permalink)
Legendary Market Wizard
Cleveland Ohio/United States
 
Experience: Advanced
Platform: Tradestation
Broker: Tradestation, DeCarley, others
Trading: futures
 
Posts: 2,847 since Jul 2012
Thanks: 1,491 given, 5,559 received


deaddog View Post

It's been over a year. Have you given up on this system or will you keep trading it?


Way back when, I had stated that I would be stopping when the single contract drawdown of $5000 was hit. It looks like that that will happen soon, since I am only a losing trade or 2 away from that mark.

So, barring some miracle, it looks like this system will be put back into incubation. I'll still track it, and if/when Euro volatility picks up, maybe the performance will pick up and I'll trade it again.


Follow me on Twitter Reply With Quote
 
(login for full post details)
  #518 (permalink)
Legendary Market Wizard
Prince George BC Canada
 
Experience: Advanced
Platform: IBs TWS
Broker: IB
Trading: Stocks
 
deaddog's Avatar
 
Posts: 829 since May 2013
Thanks: 125 given, 2,126 received


kevinkdog View Post
Way back when, I had stated that I would be stopping when the single contract drawdown of $5000 was hit. It looks like that that will happen soon, since I am only a losing trade or 2 away from that mark.

So, barring some miracle, it looks like this system will be put back into incubation. I'll still track it, and if/when Euro volatility picks up, maybe the performance will pick up and I'll trade it again.

Why are you waiting for another couple losses?

"The days when I keep my gratitude higher than my expectations, I have really good days" RW Hubbard
Reply With Quote
 
(login for full post details)
  #519 (permalink)
Legendary Market Wizard
Cleveland Ohio/United States
 
Experience: Advanced
Platform: Tradestation
Broker: Tradestation, DeCarley, others
Trading: futures
 
Posts: 2,847 since Jul 2012
Thanks: 1,491 given, 5,559 received


deaddog View Post
Why are you waiting for another couple losses?

Because I follow my rules.

Follow me on Twitter Reply With Quote
 
(login for full post details)
  #520 (permalink)
Legendary Market Wizard
Prince George BC Canada
 
Experience: Advanced
Platform: IBs TWS
Broker: IB
Trading: Stocks
 
deaddog's Avatar
 
Posts: 829 since May 2013
Thanks: 125 given, 2,126 received



kevinkdog View Post
Because I follow my rules.

That is the same rationalization I use.

I see this lot. A trader in a trade will say that he is expecting the trade to go against him yet he stays with the trade.

I do it myself at times out of fear of being wrong. The what if I give up now and the market turns. It is why Iím a rules based trader but when you think about it the market is offering an opportunity that we as traders are not taking advantage of.

"The days when I keep my gratitude higher than my expectations, I have really good days" RW Hubbard
Reply With Quote
The following 2 users say Thank You to deaddog for this post:


futures io Trading Community Trading Journals > Taking a Trading System Live


January 6, 2016


Upcoming Webinars and Events
 

New Bookmap Indicators and Trading Services

Dec 3
 

Battlestations!

January
     



Copyright © 2020 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