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Updated January 6, 2016
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March 15th, 2014, 12:17 PM
Manta, Ecuador
Site Administrator Developer Swing Trader
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,607 since Jun 2009
Thanks Given: 33,345
Thanks Received: 101,971
What was the average daily range during your incubation period, compared to the live cash period so far?
Mike
Can you help answer these questions from other members on NexusFi?
Best Threads (Most Thanked) in the last 7 days on NexusFi
March 15th, 2014, 12:32 PM
Prince George BC Canada
Legendary Market Wizard
Experience: Advanced
Platform: National Bank Direct
Broker: NBD/BMO/Questrade
Trading: Stocks
Frequency: Every few days
Duration: Weeks
Posts: 1,343 since May 2013
Thanks Given: 264
Thanks Received: 4,231
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?
"The days when I keep my gratitude higher than my expectations, I have really good days" RW Hubbard
March 15th, 2014, 12:37 PM
Posts: 3,668 since Jul 2012
Thanks Given: 1,893
Thanks Received: 7,378
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...
March 15th, 2014, 12:41 PM
Posts: 3,668 since Jul 2012
Thanks Given: 1,893
Thanks Received: 7,378
March 15th, 2014, 12:53 PM
Prince George BC Canada
Legendary Market Wizard
Experience: Advanced
Platform: National Bank Direct
Broker: NBD/BMO/Questrade
Trading: Stocks
Frequency: Every few days
Duration: Weeks
Posts: 1,343 since May 2013
Thanks Given: 264
Thanks Received: 4,231
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?
"The days when I keep my gratitude higher than my expectations, I have really good days" RW Hubbard
March 15th, 2014, 02:21 PM
Posts: 3,668 since Jul 2012
Thanks Given: 1,893
Thanks Received: 7,378
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.
March 18th, 2014, 03:19 AM
Posts: 775 since Apr 2010
Thanks Given: 2,352
Thanks Received: 690
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?
March 18th, 2014, 07:27 AM
Posts: 3,668 since Jul 2012
Thanks Given: 1,893
Thanks Received: 7,378
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.
March 29th, 2014, 03:27 PM
Manta, Ecuador
Site Administrator Developer Swing Trader
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,607 since Jun 2009
Thanks Given: 33,345
Thanks Received: 101,971
@kevinkdog , how are things wrapping up for March?
Mike
March 30th, 2014, 12:28 PM
Posts: 3,668 since Jul 2012
Thanks Given: 1,893
Thanks Received: 7,378
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)....
Last Updated on January 6, 2016