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Search: Posts Made By: Big Mike
Forum: Trading Journals July 18th, 2013, 07:56 PM
Replies: 460
Views: 103,998
Posted By Big Mike
Thoughts on a third combine? Mike

Thoughts on a third combine?

Mike
Forum: Trading Journals July 18th, 2013, 07:42 PM
Replies: 460
Views: 103,998
Posted By Big Mike
Size today? And plans for tomorrow? Mike

Size today?

And plans for tomorrow?

Mike
Forum: Trading Journals July 18th, 2013, 07:38 PM
Replies: 460
Views: 103,998
Posted By Big Mike
Nice comeback Kevin :becky: ...

Nice comeback Kevin :becky:

https://cdn.memegenerator.net/instances/400x/37775815.jpg

Mike
Forum: Trading Journals July 17th, 2013, 05:43 PM
Replies: 460
Views: 103,998
Posted By Big Mike
Nicely done. What was the position sizing for...

Nicely done. What was the position sizing for these? And what will it be for tomorrow?

Mike
Forum: Trading Journals July 6th, 2013, 08:11 PM
Replies: 460
Views: 103,998
Posted By Big Mike
Yes cherry picking is not the right phrase. ...

Yes cherry picking is not the right phrase.

I understand you want to stay under the DLL. But was all this part of your original research and testing? Does your strategy performance that you've...
Forum: Trading Journals July 6th, 2013, 06:26 PM
Replies: 460
Views: 103,998
Posted By Big Mike
At this point I also feel compelled to write: ...

At this point I also feel compelled to write:

I am not saying I know how to do it better than you. After all, you are the one here posting in this thread, entered into the competition, and...
Forum: Trading Journals July 6th, 2013, 06:24 PM
Replies: 460
Views: 103,998
Posted By Big Mike
OK. Do you agree that there is no edge in...

OK.

Do you agree that there is no edge in trying to cherry pick which trade is going to be a winner or loser? So deciding to stop trading after 1 losing trade would seem to just be a random throw...
Forum: Trading Journals July 6th, 2013, 06:11 PM
Replies: 460
Views: 103,998
Posted By Big Mike
What is the reasoning for taking no trades on...

What is the reasoning for taking no trades on rest of day if first trade is a loser?

Mike
Forum: Trading Journals July 3rd, 2013, 06:23 PM
Replies: 460
Views: 103,998
Posted By Big Mike
Hey, it is no joke. Here is the fact: in...

Hey, it is no joke.

Here is the fact: in order to be a good trader, you have to be great at losing!

Even if you do fail this combine the thread is still full of extremely valuable information....
Forum: Trading Journals June 30th, 2013, 01:57 PM
Replies: 460
Views: 103,998
Posted By Big Mike
I think really it is the Ruin amount, the way...

I think really it is the Ruin amount, the way I've understood it anyway.

https://nexusfi.com/psychology-money-management/15602-risk-ruin.html

Mike
Forum: Trading Journals June 28th, 2013, 05:13 PM
Replies: 460
Views: 103,998
Posted By Big Mike
Yes, if you were to reprogram your strategy to...

Yes, if you were to reprogram your strategy to duplicate your behavior here it would undoubtedly perform worse.

I've found that any momentum or trend strategy always performs worse with stops or...
Forum: Trading Journals June 21st, 2013, 08:57 PM
Replies: 460
Views: 103,998
Posted By Big Mike
Speaking of risk of ruin, have you seen this...

Speaking of risk of ruin, have you seen this thread:

https://nexusfi.com/psychology-money-management/15602-risk-ruin.html

Since you have a lot of experience in this area I would welcome your...
Forum: Trading Journals June 21st, 2013, 03:55 PM
Replies: 460
Views: 103,998
Posted By Big Mike
It has to simply be a loophole due to technology...

It has to simply be a loophole due to technology implementation on the reporting side. I would certainly imagine that a live funded trader, who has a live risk manager, would not be allowed to...
Forum: Trading Journals June 21st, 2013, 01:39 PM
Replies: 460
Views: 103,998
Posted By Big Mike
Hmm. I would feel bad. I am just an...

Hmm.

I would feel bad.

I am just an outsider looking in, so take that with a grain of salt naturally. But, it seems to me the strategy was overleveraged from the start which is causing these...
Forum: Trading Journals June 20th, 2013, 08:58 PM
Replies: 460
Views: 103,998
Posted By Big Mike
This is what I subscribe to personally. Mike

This is what I subscribe to personally.

Mike
Forum: Trading Journals June 20th, 2013, 06:16 PM
Replies: 460
Views: 103,998
Posted By Big Mike
Kevin, I meant the discretion in when to turn a...

Kevin, I meant the discretion in when to turn a system on or off, when it starts or ends, whether to stop it after a run up and wait for a pullback, whether to continue it after a drawdown, etc etc....
Forum: Trading Journals June 20th, 2013, 02:47 PM
Replies: 460
Views: 103,998
Posted By Big Mike
And this is exactly why traders that seek...

And this is exactly why traders that seek algorithmic trading as a way to solve their own shortcomings on psychology or lack of understanding in the market will still fail.

They think they can...
Forum: Trading Journals June 17th, 2013, 06:11 PM
Replies: 460
Views: 103,998
Posted By Big Mike
Fixed fractional? Mike

Fixed fractional?

Mike
Forum: Trading Journals June 17th, 2013, 04:47 PM
Replies: 460
Views: 103,998
Posted By Big Mike
Hmm. My first reaction would be that too much...

Hmm. My first reaction would be that too much leverage (size) being used to begin with, if you have to make this adjustment after 1 day. Thoughts?

Mike
Forum: Trading Journals May 22nd, 2013, 08:39 PM
Replies: 460
Views: 103,998
Posted By Big Mike
Over the years I've heard traders whom I respect...

Over the years I've heard traders whom I respect very much say it both ways. One will say that there shouldn't be homeruns, the other should say that the minority of trades will account for majority...
Forum: Trading Journals May 15th, 2013, 06:18 PM
Replies: 460
Views: 103,998
Posted By Big Mike
I look forward to your follow-up combine :becky: ...

I look forward to your follow-up combine :becky:

I also look forward to what you've come up with regarding the "challenge" I issued regarding your next futures.io (formerly BMT) webinar in July.
...
Forum: Trading Journals May 15th, 2013, 06:09 PM
Replies: 460
Views: 103,998
Posted By Big Mike
My guess or preview of what you will say: ...

My guess or preview of what you will say:

You learned/reminded of the fact that you need to be patient and "hold the course", meaning that once you define a way to measure yourself, you need to...
Forum: Trading Journals May 6th, 2013, 11:01 PM
Replies: 460
Views: 103,998
Posted By Big Mike
I really don't put any value on the funded trader...

I really don't put any value on the funded trader part. It seems I am in the minority as everyone else is focused on that.

Instead, I put value in the risk and discipline that the combine...
Forum: Trading Journals May 6th, 2013, 09:34 PM
Replies: 460
Views: 103,998
Posted By Big Mike
Personally, I avoid tweaking strategies in the...

Personally, I avoid tweaking strategies in the middle of a test run. So if you consider the entire combine experience to be a test run, I would let it run its course.

But, if you plan to do a...
Forum: Trading Journals May 6th, 2013, 09:05 PM
Replies: 460
Views: 103,998
Posted By Big Mike
What is your goal? To pass the combine? Or...

What is your goal?

To pass the combine? Or to learn how your strategies perform in the environment of a combine?

Which is more important?

And if you fail the combine and no rollover, how...
Showing results 1 to 25 of 34

What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

 


 
 


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