NexusFi: Find Your Edge


Home Menu

 





Your winning strategy


Discussion in Psychology and Money Management

Updated
      Top Posters
    1. looks_one Big Mike with 3 posts (1 thanks)
    2. looks_two eman with 2 posts (1 thanks)
    3. looks_3 prospectus with 1 posts (1 thanks)
    4. looks_4 Quick Summary with 1 posts (0 thanks)
      Best Posters
    1. looks_one MWinfrey with 1 thanks per post
    2. looks_two daedalus with 1 thanks per post
    3. looks_3 eman with 0.5 thanks per post
    4. looks_4 Big Mike with 0.3 thanks per post
    1. trending_up 6,162 views
    2. thumb_up 6 thanks given
    3. group 5 followers
    1. forum 13 posts
    2. attach_file 0 attachments




 
Search this Thread

Your winning strategy

  #11 (permalink)
 
Cogito ergo sum's Avatar
 Cogito ergo sum 
Amsterdam
 
Experience: None
Platform: QuickStrike, CTS
Trading: Derivatives
Posts: 195 since Jul 2010
Thanks Given: 227
Thanks Received: 214

(a) My win percentage is over 50%
(d) My winning trades are smaller than my losing trades (dollar-to-dollar)
(e) I trade to a specific daily goal based in dollars and then stop

After analyzing 2010's trades I concluded that I should improve my money management rules.
More specifically, I should close out my losers faster.

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Quantum physics & Trading dynamics
The Elite Circle
REcommedations for programming help
Sierra Chart
ZombieSqueeze
Platforms and Indicators
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Cheap historycal L1 data for stocks
Stocks and ETFs
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Funded Trader platforms
54 thanks
Just another trading journal: PA, Wyckoff & Trends
19 thanks
Self sabotage reframed
15 thanks
Trading with Intuition
14 thanks
GFIs1 1 DAX trade per day journal
10 thanks
  #12 (permalink)
 
PandaWarrior's Avatar
 PandaWarrior 
In the heat
 
Experience: None
Posts: 3,165 since Mar 2010
Thanks Given: 6,329
Thanks Received: 13,405

My win rate is over 50%
My winners are always larger than my losers in both dollars and ticks.
I trade full time but it does not represent the majority of my income although I suspect that will change 1st quarter of 2011.

Simplicity is the ultimate sophistication, Leonardo da Vinci


Most people chose unhappiness over uncertainty, Tim Ferris
Reply With Quote
  #13 (permalink)
 cpi65 
UK
 
Experience: None
Platform: -
Posts: 154 since Aug 2010
Thanks Given: 12
Thanks Received: 75


YoYoYo!

All the letters are on the other page so I can't see them to list them like other guys have... anyway

My win rate is more than 50%

The mode of winners vs mode of losers hovers around 50%, sometimes above sometimes below; The mean loser is bigger than the mean winner though; I do my conkers on a trade every now and again.

I trade full time and it's my primary source of income, even when I don't make any LOL

I don't have a fixed target for winning but I have daily / weekly loss limits etc...

Reply With Quote
  #14 (permalink)
Tundi
Fullerton, CA
 
Posts: 201 since Dec 2010
Thanks Given: 33
Thanks Received: 98

My win percentage is below 50%.
My winning trades are larger than my losing trades (dollar to dollar).
I have no daily goal or loss limits on systems that trade 24/7.
I trade full time and it represents all of my income.

Reply With Quote




Last Updated on December 12, 2010


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts