What was the average daily range during your incubation period, compared to the live cash period so far?

Mike

kevinkdog 

2 Trading Strategies in NGEC: Strategy #1 - Trades Overnight session, has high winning percentage, lots of little wins and an occasional big loser Strategy #2 - Trades Day session, lower win percentage, primary profit generator All strategies are out by 3 PM ET each trading day. Both strategies are independent, and I'll only be in one at any given time.

Has one strategy outperformed the other?

Big Mike 

What was the average daily range during your incubation period, compared to the live cash period so far? Mike

I just looked at the day session, since it seems to be trading a lot less than usual. Daily range has gone down a lot...

deaddog 

Has one strategy outperformed the other?

Both currently in drawdown. Day chart is first, followed by night... Day has been in drawdown since 1/9/2014, and Night since 9/16/2013. Historically Day is the much more profitable system

kevinkdog 

Both currently in drawdown. Day chart is first, followed by night... Day has been in drawdown since 1/9/2014, and Night since 9/16/2013. Historically Day is the much more profitable system Attachment 140533

Is the night system the one taking the large losses as forecast?

deaddog 

Is the night system the one taking the large losses as forecast?

Yes. Right now, after the last planned re-optimization, the max loss for the overnight system was changed to $325.

kevinkdog 

As far as my system goes, before I started I had established my "quitting" criteria in advance. Why? Because I found that I make bad decisions in the heat of the moment. Most people do. I turn things off based on emotional responses. That is not good for me. (...) He'd probably look at my performance, and say that the system is just not acting well. My guess is that because the volatility has gone down, there are less trading opportunities, and the ones that do appear are of possibly lower quality. One indication of this is that I have not had a "big winner" since going live. If you look at statistics (buried somewhere in this thread), you'll see I should have had at least one big winner by now. (...) But, I have a plan, and so I must stick to it.

I'm a little late in replying, but still thanks for your comments Kevin.

Based on your comments above (and this thread in general), how did you develop confidence and stress resistance when it comes to trading in general and trading specific strategies? Or is this something that you just have?

Jura 

I'm a little late in replying, but still thanks for your comments Kevin. Based on your comments above (and this thread in general), how did you develop confidence and stress resistance when it comes to trading in general and trading specific strategies? Or is this something that you just have?

It took a long while to develop confidence. I was able to get it from developing strategies (the wrong way), seeing them fail, and then slowly learning the right way to develop (which I do now).

The breakthrough for me was creating systems that actually made money, which gave me confidence I could develop good strategies, which lead to new strategies, most of which made money, etc. It then becomes a self reinforcing process.

@kevinkdog, how are things wrapping up for March?

Mike

Big Mike 

@kevinkdog, how are things wrapping up for March? Mike

Update in next few days. Just got back from the Happiest Place on Earth (DisneyWorld)....