KJ Trading Systems Kevin Davey - Ask Me Anything (AMA) - Vendors and Product Reviews | futures io social trading
futures io futures trading


KJ Trading Systems Kevin Davey - Ask Me Anything (AMA)
Updated: Views / Replies:42,671 / 297
Created: by Big Mike Attachments:8

Welcome to futures io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • 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, and we will never resell your private information.

-- Big Mike

Reply
 8  
 
Thread Tools Search this Thread
 

KJ Trading Systems Kevin Davey - Ask Me Anything (AMA)

  #91 (permalink)
Elite Member
Dallas,TX
 
Futures Experience: Intermediate
Platform: NinjaTrader, OpenQuant
Broker/Data: Zaner/Zen Fire
Favorite Futures: ES,6E,6B,GC,CL
 
Posts: 590 since Nov 2009
Thanks: 176 given, 115 received


kevinkdog View Post
I mix it up. Different instruments, different timeframes, different strategy types, etc. To keep it simple, I have a handful of ES strategies - I trade each in its own account. That keeps things simple (for me). There are other ways to do this - trading multiple strategies in the same account for the same instrument.

Hope this helps!

Kevin

Kevin - out of diff strategies, do you do day trade and swing trade?

Reply With Quote
 
  #92 (permalink)
Elite Member
Cleveland Ohio/United States
 
Futures Experience: Advanced
Platform: Tradestation
Broker/Data: various
Favorite Futures: futures
 
Posts: 2,255 since Jul 2012
Thanks: 1,059 given, 4,097 received


emini_Holy_Grail View Post
Kevin - out of diff strategies, do you do day trade and swing trade?

Thanks for the question. Most of my strategies are swing trade, lasting days to weeks (one even last months). I have a few day trading strategies, but many more swing.

If you have any questions please send me a Private Message or use the futures.io "Ask Me Anything" thread
Reply With Quote
 
  #93 (permalink)
Trading Apprentice
NGP MS India
 
Futures Experience: Intermediate
Platform: meta trader / ninja trader
Favorite Futures: futures
 
Posts: 16 since May 2015
Thanks: 26 given, 2 received



kevinkdog View Post
If you have no parameters, and did no optimization, then you'd just evaluate the strategy performance on unseen data. Technically it is walkforward / out of sample, although there is nothing to do, other than evaluate the single strategy performance during the time in question.

What are your goals for annual return, and for maximum drawdown? Do either of these strategies meet your goals? I use my goals to determine if a strategy is acceptable. It either is, or it is not. Maybe both are acceptable to you, maybe neither. If both are, then you have to decide which one best meets your goals, or trade both if possible (I don;t understand why you can;t trade both together if they are different indexes)...

Thanks kevin!

my goal is more than 200% for competion for less dd, ok with different position size if needed.

Cant trade them as all of them are successful only with one index ,with other index DD is huge cant cover up in longer version and on top of it all the strategies give trades opposite of each other. working on pair trade or option trade on them.

working for competition...confused to trade only one index or trade basket of stocks (for competition only)...


In long term view what u find more stable/successful with risk reward( option day trading/ option swing trading/ futures index day trading/ futures index swing trading/ basket of stock options or futures /day/swing)


thanks
happy trading

Reply With Quote
 
  #94 (permalink)
Elite Member
Cleveland Ohio/United States
 
Futures Experience: Advanced
Platform: Tradestation
Broker/Data: various
Favorite Futures: futures
 
Posts: 2,255 since Jul 2012
Thanks: 1,059 given, 4,097 received


haraj View Post
In long term view what u find more stable/successful with risk reward( option day trading/ option swing trading/ futures index day trading/ futures index swing trading/ basket of stock options or futures /day/swing)

I'm not sure any one of those is more "stable" than any other. It all depends on your strategies.

If you have any questions please send me a Private Message or use the futures.io "Ask Me Anything" thread
Reply With Quote
 
  #95 (permalink)
Elite Member
Como, Italy
 
Futures Experience: Advanced
Platform: Tradestation, IB
Broker/Data: Tradestation, IB
Favorite Futures: ES
 
Posts: 156 since Aug 2014
Thanks: 237 given, 224 received

Hi Kevin, I have one doubt I'm asking myself. I have some automated systems and all passed walk forward and have good montecarlo results and backtested over 15 years. I'm trading them live since two years and I'm profitable. They are all intraday.
When I launch walk forward, usually one time every 6 months it suggests me some inputs to use for the next 6/12 month. I never moved my inputs, my theory is that something should not work at the best of the optmization otherwise is fitting so better to stick to some input and keep adding strategies to diversify, but now I'm also asking myself that market changes and maybe I should change my inputs as walk forward suggest me, maybe once a year or so...
I add that inputs suggested by walk forward would not substancially move strategy results, but still are an improvement and maybe a way to keep a strategy in tune with the market.
what do you think? Thank you in advance

Reply With Quote
 
  #96 (permalink)
Elite Member
Cleveland Ohio/United States
 
Futures Experience: Advanced
Platform: Tradestation
Broker/Data: various
Favorite Futures: futures
 
Posts: 2,255 since Jul 2012
Thanks: 1,059 given, 4,097 received


montanajtt View Post
Hi Kevin, I have one doubt I'm asking myself. I have some automated systems and all passed walk forward and have good montecarlo results and backtested over 15 years. I'm trading them live since two years and I'm profitable. They are all intraday.
When I launch walk forward, usually one time every 6 months it suggests me some inputs to use for the next 6/12 month. I never moved my inputs, my theory is that something should not work at the best of the optmization otherwise is fitting so better to stick to some input and keep adding strategies to diversify, but now I'm also asking myself that market changes and maybe I should change my inputs as walk forward suggest me, maybe once a year or so...
I add that inputs suggested by walk forward would not substancially move strategy results, but still are an improvement and maybe a way to keep a strategy in tune with the market.
what do you think? Thank you in advance

If I ran my initial walkforward optimization and I re-optimized (and possibly changed parameters) every 6 months, if I went live with the strategy, I would still do the same thing (that is, re-optimize and adjust parameters every 6 months if needed).

I don't see the logic in doing an initial re-optimization every 6 months, going live, and then deciding to re-optimize at some different frequency than 6 months. But if you see benefit in doing it this way, then you should do what feels right to you. After all, at the end of day, you (and not I nor anyone else) have to live with the results.

I hope this helps!

Kevin

If you have any questions please send me a Private Message or use the futures.io "Ask Me Anything" thread
Reply With Quote
The following user says Thank You to kevinkdog for this post:
 
  #97 (permalink)
Elite Member
Como, Italy
 
Futures Experience: Advanced
Platform: Tradestation, IB
Broker/Data: Tradestation, IB
Favorite Futures: ES
 
Posts: 156 since Aug 2014
Thanks: 237 given, 224 received

Thank you, I have never changed my parameters in two years. My doubt came from a reading I made…I think it was Robert Pardo and he was saying that the more your strategies have a short time frame the more you need to re optimize frequently.
But I guess there isn't a general rule.

Reply With Quote
The following user says Thank You to montanajtt for this post:
 
  #98 (permalink)
Every Day I'm a n00b
San Tan Valley, AZ/USA
 
Futures Experience: Advanced
Platform: NT7
Broker/Data: IB, Tallinex, & 10 others.
Favorite Futures: Futures
 
FABRICATORX's Avatar
 
Posts: 195 since Jun 2013
Thanks: 693 given, 159 received

Hi Kevin, big fan, xoxo and whatever :P

Anyways, I like the concept of your SF webinar, but I'm too novice to step that far forward. Would you say that I can learn the same/similar concepts in just your book?

Reply With Quote
 
  #99 (permalink)
Elite Member
Cleveland Ohio/United States
 
Futures Experience: Advanced
Platform: Tradestation
Broker/Data: various
Favorite Futures: futures
 
Posts: 2,255 since Jul 2012
Thanks: 1,059 given, 4,097 received


FABRICATORX View Post
Hi Kevin, big fan, xoxo and whatever :P

Anyways, I like the concept of your SF webinar, but I'm too novice to step that far forward. Would you say that I can learn the same/similar concepts in just your book?

Thanks!

The book and the Strategy Factory workshop I run are 2 different things - you do not need to do one to do the other.

The book teaches all the basic things you need to know to create mechanical trading strategies.

The workshop teaches all the basic things you need to know, plus it walks you through a few example strategies, plus I spend a lot more time talking about diversification, and creating multiple strategies to work together. It is more for intermediate level traders. It is ideal for people who have tried to create strategies, but had no success. I follow up with support, and my goal is to get you developing your own strategies.


How much of a novice are you? My book assumes you know about trading and futures markets a bit. It doesn't teach you trading basics - I suggest books by @decarleytrading (Carley Garner) or Brent Penfold for that.

By the way, if you order my book, shoot me an e-mail with the order confirmation. I'll give you 5 bonus reports free, as part of the 1st anniversary of the book release.

If you have any questions please send me a Private Message or use the futures.io "Ask Me Anything" thread
Reply With Quote
The following user says Thank You to kevinkdog for this post:
 
  #100 (permalink)
Every Day I'm a n00b
San Tan Valley, AZ/USA
 
Futures Experience: Advanced
Platform: NT7
Broker/Data: IB, Tallinex, & 10 others.
Favorite Futures: Futures
 
FABRICATORX's Avatar
 
Posts: 195 since Jun 2013
Thanks: 693 given, 159 received


Thank you Kevin @kevinkdog for your time.

I am very novice. I have a managed acct with an algo trader (5 years now), and have been interested for some time. Now I have the career that gives me the time to make this a hobby. The owner of the algo shop has been a mentor for me, so while my learning has been very succinct (cutting out BS) I am still in the early stages.

I have a background in cognitive psychology (hobby, not professionally) and know that we can't be trusted to be consistent, so algo has been my focus.

I'm in the reading phase, and have been devouring your blog and others. I have most of the books you mentioned on your site on my list, but haven't pulled the trigger on yours yet. Those 1 star reviews have quite the effect, being that we're innately risk averse lol. After speaking with you, however, I will download soon.

I will look at the SF program in the next year.

Thanks for being awesome. You're a family man and I'm proud of you for keeping your family in focus. Good work

Reply With Quote

Reply



futures io > > > > KJ Trading Systems Kevin Davey - Ask Me Anything (AMA)

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

FIO Journal Challenge featuring NinjaTrader ($2,000+ of prizes)

May
 

Prototyping Python Strategies (part 2: Backtesting) w/Ran Aroussi [special time: 1PM ET]

Elite only
 

Portfolio Diversification w/Brendon Delate @ Diversify Portfolio

Elite only

An overview of volumetric analytical tools w/Sergey Sokolov @ PTMC

Elite only

John Hoagland (TBA)

Elite only

FuturesTrader71 Extended Ask Me Anything (AMA)

Elite only

Pete @ Jigsaw Trading (TBA)

Elite only

John @ No BS Day Trading (TBA)

Elite only

An Afternoon with FIO member Softsoap (being rescheduled)

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Webinar: Designing an Algo Trading System from A-to-Z, code included (Kevin Davey) Big Mike Elite Automated Trading 82 April 21st, 2017 08:51 AM
Webinar: Developing a Rule Based Trading Algorithm - Kevin Davey Big Mike Elite Automated Trading 68 December 1st, 2013 08:05 PM
Market Profile Trading Academy / MissTrade's Matt Davio - Ask Me Anything (AMA) Big Mike Vendors and Product Reviews 81 November 27th, 2013 05:04 PM
DeCarley Trading's Carley Garner (Senior Strategist/Broker) - Ask Me Anything (AMA) Big Mike Options on Futures 1 March 6th, 2013 06:00 PM
Your experience with Kevin Lowry-free range trading ? mjwfinc Vendors and Product Reviews 3 August 16th, 2012 08:12 AM


All times are GMT -4. The time now is 09:47 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 2017-05-24 in 0.15 seconds with 20 queries on phoenix via your IP 54.162.136.26