Is there anybody really winning?View all attachments
Tagged: Profitable straregies
02/11/2019 at 11:12 AM #91023
I just added a comment on another Thread that is worth a link into this discussion.
I can say that for the last 2 months or so the Funds shown in IG for each of my 4 Accounts are increasing for the first time since I started trading Auto-Systems 3 years ago!
If you are showing similar winning results across a full Forward Test Account then please could you share what you are doing / have done to get to your current in profit / winning status?02/11/2019 at 11:32 AM #91024
This is one of my demo accounts and I can say exactly how the nice gain was achieved. I decided to put some averaging down strategies on forward test – really just to see how long it took before an account killing event occurred. For some reason I keep coming back to averaging down ideas and I know that I shouldn’t so I thought that if I killed an account it would stop me from looking at them again. Killing an account hasn’t happened yet but I came close once. Before testing I massively increased my starting balance and I have a lot of very correlated strategies so it is a very high risk of death portfolio! What it has so far proved is that averaging down (buying an index as price falls and selling when price rises – which is what all the big banks do every day) is very profitable if you have a big enough starting capital. So if you have lots of money it is easy to make lots of money and if you don’t have much money then it is easy to lose it quickly.
The equity curve is not very consistent because at the end of last year I had a lot of platform issues that meant that most of my strategies stopped opening positions for about three months and I have had many other problems with individual trades that have been orphaned and so are not shown in the results so basically as a forward test the results are pretty meaningless.
You must be logged in to access attached files.02/12/2019 at 11:03 AM #91158
Killing an account hasn’t happened yet but I came close once.
Interesting! So do you think you will go Live one day soon with your best Averaging Down strategy / System?
What is the max drawdown (per 1 contract / lot size) experienced thus far on your best Averaging Down strategy / System? And what market is that on please?02/12/2019 at 12:55 PM #91176
I doubt I will put it live as the risk is far too high. If I had £50k that I din’t mind losing then I would for fun!
I haven’t checked the exact draw down of every strategy but I think the biggest draw down so far for one strategy on level stakes has been about £5k but there is always the potential for much bigger! Even though it is only demo it still gives me a sinking feeling in my heart every time a strategy keeps buying as price keeps falling.
Mainly on DJI and SP500.02/12/2019 at 1:00 PM #9117802/13/2019 at 11:23 AM #91272
Wow… £50k could buy you some used boat!
Yes but it wouldn’t be an investment or a gamble as boat values only go one way and you are expected to keep pouring more money in to them every so often!02/13/2019 at 1:23 PM #9128202/13/2019 at 1:42 PM #91283
Open a short position in Boats!
Unfortunately all my money is currently long on boats! It’s a very long term position – I’ve been holding it for 18 years now. To be honest I’m in for so much now that I can’t ever sell the position!02/20/2019 at 5:05 PM #91849
Did you read the book from Kevin Davey: Building Winning Algorithmic Trading Systems?
He gave two example starategies which he trades or traded live for EURUSD, if I am correct, for daytime and nighttime. I tried to duplicate his daytime strategy so far for fun but I am not coming close to his results at all, even with optimising all the data. See below my code.
Did you perhaps try the same?
Maybe not the right thread but Kevin Davey got mentioned in here a lot.
Best regardsEURUSD 1h Kevin Davey123456789101112131415161718192021222324252627282930313233343536DEFPARAM CUMULATEORDERS = false // cumulate orders if not turned offDEFPARAM PRELOADBARS = 10000// define intraday trading windowONCE startTime = 120000 //140000ONCE endTime = 220000 // 230000Zeit = time >= starttime and time <=endtimexb= 5 //2-5y = 20 // 70-80pa = 18 // pipaddsl = 28 // 20 - 40Prof = 309 ////trade = 0hoch = high >= highest[xb](high)tief = low <= lowest[xb](low)if not onmarket and Zeit thenif hoch and close < close[y] thensellshort at high+pa stop //stop?//trade=trade+1endifif tief and close > close[y] thenbuy at low-pa stop//trade=trade+1endifendifif time >= endtime thenexitshort at marketsell at market//trade=0endifSET STOP LOSS slSET TARGET PROFIT prof02/20/2019 at 9:49 PM #91877
Hey, yes ive read the book and yes ive also tried to duplicate the strategies to see what would happen. Im not sure why the results differ so much from what he says, but i can only imagine he didnt trade cfd. Might it be just “different data”? Not 100% sure, and honestly it dosnt really matter to me. I didnt expect to get any system from the books or podcasts he has been on, rather the way of thinking when it comes to trading. He’s methods and ways are very similar to my methods and ways, thats why i enjoyed reading his book. Ive also “studied” one of the years where he said he got really lucky in copper and you can “see the trade” he did and how that helped him greatly in that year of the competition hehe, a bit of luck it seems that one.
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