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stevewalker - Manual Trading

stevewalker
stevewalker
Jun 24 2012 at 22:04
1439 posts
guys,

root of trading is tick trading. but due to cost it is not possıble to trade it.

to cover costs trader should trade higher timeframes.
but this is effect win ratio. when you go upper time frames predicting the future getting difficoult.

here the story strats;

imagine that trader has %50 win raito. this means the costs ot trader is

total cost = (spread+comission)*2
1 for winner & 1 for looser

the difference between loss & win is only 1 tick.
trader can loss a trade with 1 tick or vice verse.

So what I am trying to identify for myself is the best suitable min timeframe I can trade to cover the costs and put account overall in profit.
basicly the timaframe I do trade should be as bigger as cover the costs and should be as smaller as that can easly be traded.

on the top of that all those should be suitable for my equity curve frequency that can keep me in the margin levels and with a reasonable %DD.

difference between loss & win is only 1 tick. that means the system that I try to build should be that precised and suitable to my trading style. after covering costs 1 tick makes a huge profit.

walker



Chikot
Jun 24 2012 at 22:44
2299 posts
stevewalker
stevewalker
Jun 24 2012 at 22:54
1439 posts
changes.
0.1 pip to ~1 pip
as I remember average is 0.35 pip


   Chikot posted:
   Steve, 1 tick is 1 pip?

Chikot
Jun 24 2012 at 22:59
2299 posts
so it is less than 1 pips?

stevewalker
stevewalker
Jun 24 2012 at 22:59
1439 posts
Chikot
Jun 24 2012 at 23:05
2299 posts
It must be high frequency trading in this case, right?>

stevewalker
stevewalker
Jun 24 2012 at 23:19
1439 posts
your current daily chart trading frequency has one of the lovest frequency and amplitute on equity curve regarding to your risk

Chikot
Jun 24 2012 at 23:44
2299 posts
yeah, currently only g/u I am looking at. not much at the moment.

stevewalker
stevewalker
Jun 25 2012 at 10:02
1439 posts
should fix something

total cost = (spread+comission+bardistance to confirm your entry)*2
'bardistance to confirm your entry' is the confirmatin distance that trader wait to enter the trade. that distance is reduced from win and added to loss.
when time frame getting bigger this distance is also getting bigger.
when tick chart traded this is not needed. or extreemly small.
1 for winner & 1 for looser


   stevewalker posted:
   guys,

root of trading is tick trading. but due to cost it is not possıble to trade it.

to cover costs trader should trade higher timeframes.
but this is effect win ratio. when you go upper time frames predicting the future getting difficoult.

here the story strats;

imagine that trader has %50 win raito. this means the costs ot trader is

total cost = (spread+comission)*2
1 for winner & 1 for looser

the difference between loss & win is only 1 tick.
trader can loss a trade with 1 tick or vice verse.

So what I am trying to identify for myself is the best suitable min timeframe I can trade to cover the costs and put account overall in profit.
basicly the timaframe I do trade should be as bigger as cover the costs and should be as smaller as that can easly be traded.

on the top of that all those should be suitable for my equity curve frequency that can keep me in the margin levels and with a reasonable %DD.

difference between loss & win is only 1 tick. that means the system that I try to build should be that precised and suitable to my trading style. after covering costs 1 tick makes a huge profit.

walker




Alligaturk (Alligaturk)
Jun 26 2012 at 08:18
9 posts
Rule1 :
optimism patience discipline

Rule2: Money management.

rule3: never have fear greed

- Disziplin Geduld Optimismus -
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