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My $150.000 TST Trading Combine


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  #31 (permalink)
 pvetrader 
Luxembourg, Luxembourg
 
Experience: Intermediate
Platform: NinjaTrader
Trading: CL, TF, ES, 6E, 6B, 6J, GC
Posts: 10 since Feb 2015
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Thanks Received: 2

Appreciate your efforts to explain. How dd works is indeed clear. Its indeed fairly simple. I’ve no questions about that. Not clear imo still is : based on realized or unrealized p&l... ?? Thats makes a huge difference as i’m sure you will understand... i’ll reach out to TST to clarify




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  #32 (permalink)
 pvetrader 
Luxembourg, Luxembourg
 
Experience: Intermediate
Platform: NinjaTrader
Trading: CL, TF, ES, 6E, 6B, 6J, GC
Posts: 10 since Feb 2015
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Let me give an example:
Balance begin of day: 50000. Max dd 2000. So bottom allowed balance 48000.

Now trade1 goes to a max favorable 700, then closes due to the trailing with 500 profit.

If the intraday update is only based upon realized p&n, the new allowed balance bottom is 48500. The dd allowed from this point stays 2000.

If however it also takes into account unrealized p&l, allowed balance now is 48700 and you are in 200 dd already, so only 1800 more dd allowed


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  #33 (permalink)
 tr8er 
Europe
 
Experience: Advanced
Platform: SierraChart, BookMap
Trading: ES, CL, 6E, 6B
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with TST it is 48500, with OneUp it would be 48700

Just to clarify, this intraday stuff has nothing to do with the raising DD, it has only to do if someone is close to lose the account and is close to the (how you call it bottom of the balance).


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Last Updated on May 5, 2019


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