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Everyone's strategy is unique.
you're mixing days (5) with trades (200) so it's sort of hard to get a clear picture. How many days did it take you hit 200 trades? What's been your previous losing streak in regards to days? How many trades is that?
Mine? Last 150 days of trading, One 4 day losing streak, quite a few 3 days, many 2's.
Posts like yours should get +1000 likes. But they never will because no one wants to hear that 48 bad months can happen. They do happen.
5 bad trades or 50 bad trades should not put anyone in panic mode because it all depends on what statistic it represents.
5/200 trades are 2.5% of trades. Perspective.
Matt Z
Optimus Futures
There is a substantialrisl of loss in futures trading. Past performance is not indicative of future results.
Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
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i recently went through my first 5 days in a row too ( about 3 weeks ago) , the market is much different then it was at the beginning of the year. Its hard to day trade at the moment, In my opinion
Since then I have been taking less trades and trying to waiting this period out,
-P
"Truth is not what you want it to be; it is what it is, and you must bend to its power or live a lie"-Miyamoto Musashi
So it isn't just me then. I agree, the underlying structure of the market has changed in the last few weeks...probably temporary...or I hope its temporary.
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- Trade what you see. Invest in what you believe -
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my system is a very momentum based system so in times like this I always have a draw down. With all the uncertainty going on I wouldn't be surprised if this sticks around for awhile, my 0.02
and I think when it does come back my attitude will be much different then before, I use to shut it down around 12pm regardless of how up I was.. in the future I will be keeping my foot on the neck of the market and push for more. Its easy to take the "good" times for granted.
-P
"Truth is not what you want it to be; it is what it is, and you must bend to its power or live a lie"-Miyamoto Musashi
How many trades would you say it is enough to assess the success or failure of a strateg? and under what circumstances would you deterine a strategy no longer works?
90 days to get to 200 trades, got 2 2 days losing streak and 1 3 days losing streak, never had 4 days losing streak and certainly never 5 days losing streak before. The average amount of trade before that is around 2 -3 trades per day, the average amount of trades I took during the 5 days streak is around 4 trades per day
I have an idea but I don't want to lead you up the wrong path @kevinkdog will probably be able to weigh in and if you haven't read his book I suggest you do so. In the meantime he might be able to throw some light on your question.
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- Trade what you see. Invest in what you believe -
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