Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
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 for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Yep, user input field. You can set the starting account balance for the monte carlo manually.
What it is:
The Monte Carlo engine randomly selects a specified number trades from your journal (the pivot table on the left, can also be filtered) and builds a 'new trades collection' from them. This is done 50 times. It can give you an idea of profitability and drawdowns.
Not really, no, because you should be able to filter the trades and just simulate based on a segment of your journal eg. using trades # 147-438 in that case it would sometimes be handy to use the account balance as of trade # 147....
well done, top work. was wondering if it comes with some simple instructions lol.
any links on where i could read up some of the abbrevations and the usefullness in futures trading?
i think it would be cool to have a page in the journal where it breaks down the entire year by weeks and then months.. this way its not just for the entire year.. also, what about multiple years in the journal? or do you just start a new journal? if thats the case how do you compare years..?
dont believe anything you hear and only half of what you see
Months would be possible....Weeks would be rather complex..... I think that would be easier accomplished with a database, but I don't know anything about databases....
HI mate some questions on your journal, i know some off the answers, helping out with the readme. Hope this helps.
Trading plan tab
What colour cells are required to be filled? i know some are protected (this question goes for all tabs really)
What is vwap?
Benchmark eff? MAE?
SQN? Expectancy? Drawdown?
Profit Factor?
Monte carlo tab
What is monte carlo mean? (not the city for the rich)
will add more after you reply
cheers
Sharpe Ration?
Calmar Ratio?
Journal Tab
Time (MIL)?
Possible to change and add methods? how many? (method list tab)
Possible to add instruments? How many? (instruments tab)
V stand for?
MAE1? 2 and 3? what are they?
Benchmark?
MFE2?