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Lot sizing
Biedrs kopš
11 ieraksti
Jul 16, 2024 at 05:28
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11 ieraksti
I use a trading bot, which I am happy with...but am looking to optimize.
I was thinking to adjust the lot settings for each pair based on the YTD profit per trade. So .... increase the lot sizes on the highest profit per trade and vice versa. Does this make sense? Which is more appropriate, using the YTD results or only the last month results as the basis (ie most recent performance or long term performance to drive the adjustments)?
Please provide your thoughts.
I was thinking to adjust the lot settings for each pair based on the YTD profit per trade. So .... increase the lot sizes on the highest profit per trade and vice versa. Does this make sense? Which is more appropriate, using the YTD results or only the last month results as the basis (ie most recent performance or long term performance to drive the adjustments)?
Please provide your thoughts.
Biedrs kopš
1 ieraksti
Jul 16, 2024 at 07:26
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1 ieraksti
Hellow, use the most recent performance due to the markets not being stable for now and having lots of uncertainties, from geopolitical changes, data driven markets, central banks interventions, rate cuts bets apply the risk to reward ratio appropriately. What kind of bot are you using?
Biedrs kopš
11 ieraksti
Jul 16, 2024 at 16:27
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11 ieraksti
StarGaze posted:
Hellow, use the most recent performance due to the markets not being stable for now and having lots of uncertainties, from geopolitical changes, data driven markets, central banks interventions, rate cuts bets apply the risk to reward ratio appropriately. What kind of bot are you using?
Thanks..
Biedrs kopš
10 ieraksti
Jul 26, 2024 at 12:35
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10 ieraksti
I would use last 3 months data. 1 month is too short to get anything robust
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22 ieraksti
Jul 29, 2024 at 09:39
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22 ieraksti
Depends on how you trade. If dude prefers scalping or medium-term trading, then 1 month for analysis is quite enough in my opinion.
Biedrs kopš
127 ieraksti
Jul 29, 2024 at 19:02
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127 ieraksti
crcrcr654 posted:
Depends on how you trade. If dude prefers scalping or medium-term trading, then 1 month for analysis is quite enough in my opinion.
better to test strategy on different equal periods to see if it robust or not. This is standard approach in analysis.
Biedrs kopš
13 ieraksti
Jul 30, 2024 at 09:22
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13 ieraksti
bardachok posted:crcrcr654 posted:
Depends on how you trade. If dude prefers scalping or medium-term trading, then 1 month for analysis is quite enough in my opinion.
better to test strategy on different equal periods to see if it robust or not. This is standard approach in analysis.
Hello sir. How do you trade? Can you tell more about your strategy?
Biedrs kopš
8 ieraksti
Aug 03, 2024 at 10:25
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8 ieraksti
hi, using YTD results for lot size adjustments offers a broader view of performance, but incorporating recent performance (last month) can be useful for adapting to current market conditions. balancing both approaches might provide the best results.
Wallstreet Money
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11 ieraksti
Aug 03, 2024 at 11:40
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11 ieraksti
ClipsDlamini posted:
hi, using YTD results for lot size adjustments offers a broader view of performance, but incorporating recent performance (last month) can be useful for adapting to current market conditions. balancing both approaches might provide the best results.
Thanks to everyone for their advice
Biedrs kopš
13 ieraksti
Aug 07, 2024 at 12:55
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13 ieraksti
Hi sir. And what can I use if I have been trading for less than a month at the moment? What should I focus on when cdoing an analysis?
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11 ieraksti
Aug 07, 2024 at 13:06
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11 ieraksti
Hi, I use the FedBot by NURP. I had a major disaster last week. I'm not in position to give anyone advice. Good luck

forex_trader_3791624
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7 ieraksti
Aug 07, 2024 at 15:18
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7 ieraksti
Minnocenzi posted:
Hi, I use the FedBot by NURP. I had a major disaster last week. I'm not in position to give anyone advice. Good luck
That was a horrible product, tens of millions of dollars gone down the drain. Too bad the company is continuing to promote its products
Biedrs kopš
5 ieraksti
Aug 09, 2024 at 01:34
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5 ieraksti
que76648 posted:
Hi sir. And what can I use if I have been trading for less than a month at the moment? What should I focus on when cdoing an analysis?
use market structure and support and resistance
Biedrs kopš
5 ieraksti
Aug 09, 2024 at 01:35
Biedrs kopš
5 ieraksti
Minnocenzi posted:
Hi, I use the FedBot by NURP. I had a major disaster last week. I'm not in position to give anyone advice. Good luck
what kinda of disaster? how much did you pay for their services? are are you open to a non disastrous algorithmic trading solution?

forex_trader_3793183
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30 ieraksti
Aug 09, 2024 at 07:39
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30 ieraksti
Always slate your lot size max 1 percent of your capital. This helps me keep profit maximized and with the lowest risk
Biedrs kopš
6 ieraksti
Aug 09, 2024 at 09:43
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6 ieraksti
1 percent is so low though. My account is small and if I risk only 1% I will never make enough to live off

forex_trader_3793183
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30 ieraksti
Aug 09, 2024 at 09:59
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30 ieraksti
PorfirioReyes posted:
1 percent is so low though. My account is small and if I risk only 1% I will never make enough to live off
Well depending what you started with. But be patient and grow your capital with time, it's a good strategy, just if you will be patient. Imagine having a 1k start or 2 and the first 6 months with consistency you have over 40k, that is good trade.

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