Basket trading
Member Since Aug 30, 2013
325 posts
May 09, 2014 at 05:02
Donex posted:
This is an interesting concept, but won't the end result still be a single trading strategy? That is, it's a 'basket trading strategy.'
The strategy is a collection of different strategies which in the end is a single strategy. If all the collection of strategies are trading one Bankroll then in the end it's just a single strategy, purely an opinion and maybe I'm missing something. (No wise cracks please 😁 )
If anyone has adopted this strategy recently, I would be interested in knowing how it's going.
You're missing the point because you didn't read all the comments. How can this be a single strategy? You're kidding right?
If you put all your money on one strategy and it loses then you've lost all your money where as a basket trading is what the institutional traders do so they spread risk. i.e they don't rely on one system and if one system performs badly then they rely on the others to compensate.
So basket trading is not based on a single strategy but multiple strategies.
I am working on having three. I already have one and will have my second soon and looking for a third one. The are several in mind.
May 09, 2014 at 05:52
Well I'll have to believe you, that institutional traders use this concept. I wouldn't have a clue what they do, so I can understand why you are pursuing this line.
I did read all the comments and do understand what you and others are saying. I suppose my point has more to do with semantics.
My point is that a basket of multiple strategies 'collectively', in effect is 'one single strategy' if it is being traded on the same bankroll, but heck what do I know?
If that is what the institutional traders are doing then there is obviously something in it. Good luck with it and hope it all goes well.
I'm always looking to learn, especially different concepts.
I did read all the comments and do understand what you and others are saying. I suppose my point has more to do with semantics.
My point is that a basket of multiple strategies 'collectively', in effect is 'one single strategy' if it is being traded on the same bankroll, but heck what do I know?
If that is what the institutional traders are doing then there is obviously something in it. Good luck with it and hope it all goes well.
I'm always looking to learn, especially different concepts.
Hate your losers more than you like your winners
Member Since Jan 14, 2014
6 posts
May 09, 2014 at 07:26
Donex posted:
This is an interesting concept, but won't the end result still be a single trading strategy? That is, it's a 'basket trading strategy.'
The strategy is a collection of different strategies which in the end is a single strategy. If all the collection of strategies are trading one Bankroll then in the end it's just a single strategy, purely an opinion and maybe I'm missing something. (No wise cracks please 😁 )
If anyone has adopted this strategy recently, I would be interested in knowing how it's going.
Its going well for me
My goal was to have the lowest DD possible and to have constant results
When money makes money...
Member Since Aug 30, 2013
325 posts
May 09, 2014 at 07:41
Donex wants to gamble all on one and when he's run out of notes he will eventually get sick of any single strategy that are continuously blowing his accounts or he would have become a millionaire, my bet is failure because most of us do fail on a single strategy in the long term but how many of us failed on a basket? Not many have tried it, I'm guessing 15% of traders at most do basket trading.
May 09, 2014 at 08:39
forexpipcatcha posted:
Donex wants to gamble all on one and when he's run out of notes he will eventually get sick of any single strategy that are continuously blowing his accounts or he would have become a millionaire, my bet is failure because most of us do fail on a single strategy in the long term but how many of us failed on a basket? Not many have tried it, I'm guessing 15% of traders at most do basket trading.
Gamble? not me, I don't gamble, that's for mugs like you, I trade. Blown accounts? Never happened. Just because you've blown your accounts doesn't mean it's happened to me. You're the one looking for some holy grail that doesn't exist.
The bottom line is that 'basket trading' with so called multiple strategies, will just blow your account quicker, but better for me, I make money off blokes like you. Keep donating to the cause, I'm there to gobble it up.
Hate your losers more than you like your winners
forex_trader_43716
Member Since Aug 06, 2011
345 posts
May 09, 2014 at 08:59
forexpipcatcha posted:
Donex wants to gamble all on one and when he's run out of notes he will eventually get sick of any single strategy that are continuously blowing his accounts or he would have become a millionaire, my bet is failure because most of us do fail on a single strategy in the long term but how many of us failed on a basket? Not many have tried it, I'm guessing 15% of traders at most do basket trading.
I believe the point Donex is making is that IF you combine multiple strategies, then that IS, in fact, a strategy in its own right. You seem to be having trouble absorbing the 'revolutionary' and 'never before revealed' trading breakthrough you have single-handedly discovered. You are quite the guru! And I agree with you 100% that you certainly are guessing at the percentage of traders that combine multiple strategies. You're the best! 😎
Member Since Aug 30, 2013
325 posts
May 09, 2014 at 10:08
Donex posted:forexpipcatcha posted:
Donex wants to gamble all on one and when he's run out of notes he will eventually get sick of any single strategy that are continuously blowing his accounts or he would have become a millionaire, my bet is failure because most of us do fail on a single strategy in the long term but how many of us failed on a basket? Not many have tried it, I'm guessing 15% of traders at most do basket trading.
Gamble? not me, I don't gamble, that's for mugs like you, I trade. Blown accounts? Never happened. Just because you've blown your accounts doesn't mean it's happened to me. You're the one looking for some holy grail that doesn't exist.
The bottom line is that 'basket trading' with so called multiple strategies, will just blow your account quicker, but better for me, I make money off blokes like you. Keep donating to the cause, I'm there to gobble it up.
WoW perhaps you would enlighten us from your extensive winning experience on how to never lose money in forex? lol But only people of your kind come up with these dreams and think they are real. Everybody thinks they have a winning strategy until it blows there accounts then they hide lol BUT they fight on coming up with the next move yet have nothing to show for like before like always, once a loser always a loser.
Member Since Aug 30, 2013
325 posts
May 09, 2014 at 10:26
myfxpt posted:forexpipcatcha posted:
Donex wants to gamble all on one and when he's run out of notes he will eventually get sick of any single strategy that are continuously blowing his accounts or he would have become a millionaire, my bet is failure because most of us do fail on a single strategy in the long term but how many of us failed on a basket? Not many have tried it, I'm guessing 15% of traders at most do basket trading.
I believe the point Donex is making is that IF you combine multiple strategies, then that IS, in fact, a strategy in its own right. You seem to be having trouble absorbing the 'revolutionary' and 'never before revealed' trading breakthrough you have single-handedly discovered. You are quite the guru! And I agree with you 100% that you certainly are guessing at the percentage of traders that combine multiple strategies. You're the best! 😎
Off course a basket of strategies is a strategy in its self no one doubted that but your lack of intellect still blinds you to what is said and to what it's purpose is. Now I'm not going to waste time on a monkey brain because no matter what I say or do. May be you should have listen to your maths teacher at school which could have prevented you from living the losers life you do.
forex_trader_43716
Member Since Aug 06, 2011
345 posts
May 09, 2014 at 10:31
Double YAWN! 😎
Member Since Aug 30, 2013
325 posts
May 09, 2014 at 10:32
No I didn't get you in fact I got no control over losers whatsoever, but its losers like you are always welcome because lets face it if it weren't for so many of your kind I wouldn't have what I have lol. Reality is to every success there will be so many losers!
By the way I'm not meaning to be nasty because I need to thank your kind and the more that exist the better I will be off.
By the way I'm not meaning to be nasty because I need to thank your kind and the more that exist the better I will be off.
May 09, 2014 at 10:41
(edited May 09, 2014 at 10:42)
forexpipcatcha posted:
No I didn't get you in fact I got no control over losers whatsoever, but its losers like you are always welcome because lets face it if it weren't for so many of your kind I wouldn't have what I have lol. Reality is to every success there will be so many losers!
By the way I'm not meaning to be nasty because I need to thank your kind and the more that exist the better I will be off.
Firstly no prize for 2nd, get your own material, I said that to you first.
Secondly, YAWWWWWN!!!
Hate your losers more than you like your winners
Member Since Aug 30, 2013
325 posts
May 09, 2014 at 10:43
What your not giving away your trading money? Hmmm because you blew it up but wont admit it? lol
Member Since Oct 24, 2013
268 posts
May 09, 2014 at 10:49
forexpipcatcha posted:
No I didn't get you in fact I got no control over losers whatsoever, but its losers like you are always welcome because lets face it if it weren't for so many of your kind I wouldn't have what I have lol. Reality is to every success there will be so many losers!
By the way I'm not meaning to be nasty because I need to thank your kind and the more that exist the better I will be off.
What exactly is it that you have? Two tenths of SFA. Clap, clap for handicap.
You can't spend open trades.
May 09, 2014 at 10:51
Hey I've got a great idea for a trading strategy. I'm thinking of using a basket of indicators, that way if one indicator doesn't work, then the other indicator will subsidize the other.
Now I want to keep it very simple. Let's say the acute angle of the orbicularis oris coincides with sedimentary layers of the proportional lines then we can buy or otherwise sell. Easy eh?
Now back to the basket of indicators, how about we put on a chart, a stochastic, an rsi, 6 EMAs. 4 SMA, Average true range, fractal, support and resistance lines, trend lines and Fibonacci.
Now if we can figure out how to use these basket of indicators we will be able to reduce the losses and maximize the wins. So c'mon folks, let's work it out. We can do it.
Now I want to keep it very simple. Let's say the acute angle of the orbicularis oris coincides with sedimentary layers of the proportional lines then we can buy or otherwise sell. Easy eh?
Now back to the basket of indicators, how about we put on a chart, a stochastic, an rsi, 6 EMAs. 4 SMA, Average true range, fractal, support and resistance lines, trend lines and Fibonacci.
Now if we can figure out how to use these basket of indicators we will be able to reduce the losses and maximize the wins. So c'mon folks, let's work it out. We can do it.
Hate your losers more than you like your winners
Member Since Aug 30, 2013
325 posts
May 09, 2014 at 10:57
(edited May 09, 2014 at 11:00)
Sounds like you worked it out so why not put some of all this saving you have from trading...all 5 cents of it, hence your success in life lol
Member Since Aug 30, 2013
325 posts
May 09, 2014 at 10:58
Silverthorn posted:forexpipcatcha posted:
No I didn't get you in fact I got no control over losers whatsoever, but its losers like you are always welcome because lets face it if it weren't for so many of your kind I wouldn't have what I have lol. Reality is to every success there will be so many losers!
By the way I'm not meaning to be nasty because I need to thank your kind and the more that exist the better I will be off.
What exactly is it that you have? Two tenths of SFA. Clap, clap for handicap.
Whatever I have loser is in your dreams so go looking for it.
Member Since Oct 24, 2013
268 posts
May 09, 2014 at 11:01
Triple YAWN!!
You can't possibly expect anybody to take you seriously can you?
You can't possibly expect anybody to take you seriously can you?
You can't spend open trades.
Member Since Oct 24, 2013
268 posts
May 09, 2014 at 11:03
You've even managed to trash your own thread. Well done. Outstandingly consistent underachiever!
You can't spend open trades.
Member Since Aug 30, 2013
325 posts
May 09, 2014 at 11:03
Why would I when losers come in dozens😁 especially where you come from
