Is this performance chart of this strategy look good?

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Viewing 15 posts - 16 through 30 (of 48 total)
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  • 10/29/2024 at 2:36 PM #239713
    GraHal

    I guess position sizing is due to money management, but OTT and not conducive to stress free trading.

    10/29/2024 at 2:38 PM #239714
    WingYip
    GraHal wrote:
    PeterSt wrote:

    Are you prepared to be in drawdown for 15 or so months ? And that for more than USD 7500 of which you don’t know whether it will end towards the end of 2022 ?

    You must be looking at a different chart than attached, else you have spotted something I missed??

    Attached shows the equity curve (top chart) rising all through 2022?

    I am on some new coffee today, but maybe you need some also?? 😉

    EDIT / PS

    You may mean 2023??

    Also I did just notice something I missed … position size is in the 100’s and 1000’s … I would never sleep and my coffee bill would exceed profits!!?? 😀

    yes i already use it live, there is 2 vision with the same code and all same setting, one is with money management and one is without, the vision without money management is always buy 1 position all the way, regarded to the money management vision,  the principle is to invest the money from the money it earn itself by small % of the latest position automatically from each lose it made. for sure the % can make it even less and make it feel more comfortable, but the setting at the moment I personally feel is a good balance, it is all about 3-4 step forward (win) and less step backward (lose) (this spend me almost 3 years to get to this point), i can’t speak for other, it is just how i personal feel. to me this way, no need to panic when those money is not from my own pocket, and only this way can keep reinvest without pressure, especially without any emotional interfere.
    to me, it is the logic is to gained when it win for prepare for the lose, as we all know it is all about the give and take and only the result count, the key in this is not eat into the capital, that’s one of the reason this code is not use the direction as buy and hold as each day have different thing happen, in fact it is the same thing when buy and hold, you earn when it is up and lose when it is down, the only different is when it is buy and hold it doesn’t show as the trade is end with a result (win/loss). you can see from either with or with out money management it started from £300 (this is the way Prorealtime set it, which which out the buy position capital). so far i find it the balance is £10k capital to start with 1 position, it could do it in 5k and start with position 0.5, but, but with NASDAQ, sometime in a day you can only buy 1 as the minimum,  £20k start with 2 capital, so on and so on, but I feel always start with the minimum and let it grow itself is better, instead of use your own money to boots it up.
    you are correct, that is why this is tailor make for NASDAQ, can anyone tell me what happen to the stock market or the world, if the NASDAQ corrupt? however, we all know anything to inverts in the stock market is all different type of level of rick, the key is to find the best balance for the code, as long as it keep moving forward itself without emotion and no need to worry about it. as we all know we do not know whan is the next sec happen to the market, one of my basic logic is the money it earn from the win is prepare for the lose, the key again is the balance, as long as the lose never overcome the win. (sorry, i know you guys know all this)
    this code has its pro and con too, example, one day it happened that the market go up but the system didn’t buy any, but it also happen the day is down and the system not buy any, or it happen the market went down and the trade stop at the stop lose but than the market bonce back, but it also happen the stop lose trigger and the market keep going down…etc
    what i personal feel is one just need to trust the code and let it run itself no matter what, i have had a hard time to not touch it at all when it hit its con, but I finically able to feel comfortable to a point i do not need to touch it at all and let it run, but tbh one can only fully trust and comfortable with the code which they develop their own, it is very hard to achieve to this level when the code is bought or get  from else where.
    hope this make sense to you guys, or any thought or comment are very welcome.

     

    1 user thanked author for this post.
    avatar GraHal
    10/29/2024 at 2:45 PM #239716
    WingYip

    contract size is 1 too, for the none MM vision, even the MM vision the Position size and the contract size are always 1:1

    10/29/2024 at 2:57 PM #239717
    GraHal

    So do profits on your System cover margin requirements?

    Let’s put figures into the MM pos size on NASDAQ.

    Assume you are Retail Trader @ 5% Margin?

    So pos size 3000 x 20000 (nasdaq) x 5% = 3,000,000 Margin.

    This new coffee must be watered down, above can’t be right surely? But if it is then that is why I couldnt sleep … even if funded by profits?? 😀

    10/29/2024 at 3:14 PM #239718
    WingYip

    hi, thanks for the comment, i am not sure i get what you mean.
    take a look the attached, it is the same code with MM but lower the auto add % when lose (1/3 of the original), you can see the way it grow is the same but less as the system reinvest less., it can make the % in any less, all depends on the feeling of comfortable, 0-12, the none MM vision is 0, this one attached is 4, so it work any % in between 0-12, in fact it would even 13,14,15, but i drop that as it started to much as my aim is to keep the system can run on itself without any worrying.
    ps. this system do not just statically keep adding more position/contract, it only add at each lose.
    I am not sure if this answer your question, as i mention in the post that figured out the best balance is £10k capital(cash) start with 1 position/contract, this balance would with either with MM or not, example, it is high chance will be fail if £2k and start with 1 position/contract, as it can easily get to a point there is not enough fun to buy and the system just stop. in the case (2k) it is very play with luck which hope earning would happen first before the lose, which is not the ideal.

    10/29/2024 at 3:23 PM #239721
    GraHal

    Are you trading your System on Demo Account or on a Real Live Account with Real money?

    10/29/2024 at 3:25 PM #239722
    WingYip

    i have both running real money and demo. they both cam out the same, only occasionally 1 or 2 trad not the same.

    10/29/2024 at 3:46 PM #239723
    GraHal
    WingYip wrote:

    i am not sure i get what you mean.

    So if you are trading on Real Account with Real money you would have to cover 3,000,000 Margin with a position size of 3,000 on NASDAQ (@5% Margin).

    What is your current piosition size on Real Account with Real money?

    10/29/2024 at 3:58 PM #239724
    WingYip

    the real account started with position/contract 1 and now it grow to 3.5, this one with capital 10k, since April 2024, it has the same result as the demo, or backtest.

    10/29/2024 at 4:08 PM #239725
    WingYip

    basic on yours
    3,000,000 Margin with a position size of 3,000 , therefore  position size of 1 is 1000 Margin
    in my one I mention position size of 1 should have 10,000 Margin to be safe.
    please correct me if i am wrong

    10/29/2024 at 4:25 PM #239727
    WingYip

    example, like this one from 08-10-2016 to 27-12-2022 (the bottom at time), see attached, the position/contract grow to 279.76 and it has 7,850,645 at that point,
    so let call it 280*20000*5%= 280,000, at this point is far more than it requite.
    another example: 08-10-2016 to  to 20-03-2020 (the bottom at time when covid ended), the position/contract grow to 45.64 and it has 427,685 at that point
    so let call it 46*20000*5%= 46,000, at this point is far more than it requite.

    but i calculated in safer way that each 1 position/contract should have 10k margin

    just for anyone who interest for the time when covid (20-02-2020 to  to 20-03-2020), see attached

    10/29/2024 at 5:23 PM #239735
    GraHal

    IG Leverage Margin works as below

    https://www.ig.com/uk/charges/margin

    10/29/2024 at 5:29 PM #239736
    JS

    Hi,
    If I interpret it correctly, it is possible a kind of Martingale system where you increase your position after a loss?
    Furthermore, you close your positions every day at 21:45:00, to start again the next day. Is this closing of your positions related to risk, or does it have to do with the overnight costs of IG?

    10/29/2024 at 5:52 PM #239740
    PeterSt
    JS wrote:

    If I interpret it correctly, it is possible a kind of Martingale system where you increase your position after a loss?

    Yes, WingYip can hopefully confirm that he buys extra after a loss – I read that too but it could be a typo.

    Btw, this is not necessarily Martingale as I just typed a post for this thread (not posted) where I kind of see and show the similarities with what I do myself, and this includes increasing after a loss – and NOT after a win. And this is not a Martingale system at all.
    So WingYip – curious ! 🙂

    10/29/2024 at 6:12 PM #239743
    WingYip

    Not sure if any misunderstanding. In IG 1size(prosition /contract) will cost correct rate, let say now is at 20000, the cost of each size is 20000/20( leverage) = 1000, my system is suggested each 1 size should have 10k for it to buy as well as for it to loss, such as 10k to start with, each size will cost 1000 and it leave 9000 to loss, let say the day loss 1000 than it will end up the end trading day is 9000 as the fund to buy return at the end of the day as tge trade close each day, I am not trying to tell you guys about it as we all know, I just try to explain what I understand.

    Regard the end each day, it has many reason, small reason such as overnight fee, expecially the weekend overnight fee, also it is (I belive) when I do any backtest has the mix data to use, as each day become different data, otherwise when a trade on the market for longer the data become less to calculate, in this case it need to use OOS, and I feel even use OSS is not enough to make me feel comfortable it will work for a long time system. As we all know we could test a system in a short time with a choose timefarm, and even use OSS, it sounds great but them it doesn’t really work at other time frame such as in real time, also end each day (to me) the system become simply, clear and easy for myself to understand how it work and the development become manageable as the aim is to look for the most balance setting for all different days data in 8 year, and that’s the reason I use 15 min, although it could be 10min, but I want as much data as I can use for the development, and I always use the mix of the unit 200k, hope it make sense to you guys, thanks

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